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REGISTERED NUMBER: 11681311 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022

FOR

DUNTON O'NEILL LIMITED

DUNTON O'NEILL LIMITED (REGISTERED NUMBER: 11681311)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DUNTON O'NEILL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2022







DIRECTOR: M Dunton





REGISTERED OFFICE: Unit 15
The Metro Centre
Isleworth
TW7 6NJ





REGISTERED NUMBER: 11681311 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

DUNTON O'NEILL LIMITED (REGISTERED NUMBER: 11681311)

BALANCE SHEET
30 NOVEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,679 783,236

CURRENT ASSETS
Stocks 5 3,667,638 -
Debtors 6 307,605 3,488
Cash at bank 397,169 293,303
4,372,412 296,791
CREDITORS
Amounts falling due within one year 7 2,484,620 64,969
NET CURRENT ASSETS 1,887,792 231,822
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,908,471

1,015,058

CREDITORS
Amounts falling due after more than one
year

8

-

(941,928

)

PROVISIONS FOR LIABILITIES (5,170 ) -
NET ASSETS 1,903,301 73,130

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,903,299 73,128
1,903,301 73,130

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2024 and were signed by:





M Dunton - Director


DUNTON O'NEILL LIMITED (REGISTERED NUMBER: 11681311)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1. STATUTORY INFORMATION

Dunton O'Neill Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

DUNTON O'NEILL LIMITED (REGISTERED NUMBER: 11681311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 December 2021 783,236 - - 783,236
Additions - 22,331 1,919 24,250
Disposals (783,236 ) - - (783,236 )
At 30 November 2022 - 22,331 1,919 24,250
DEPRECIATION
Charge for year - 3,187 384 3,571
At 30 November 2022 - 3,187 384 3,571
NET BOOK VALUE
At 30 November 2022 - 19,144 1,535 20,679
At 30 November 2021 783,236 - - 783,236

5. STOCKS
2022 2021
£    £   
Work-in-progress 3,667,638 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 77,621 1
Directors' loan accounts 229,984 -
Prepayments and accrued income - 3,487
307,605 3,488

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts - 46,791
Other loans 1,977,002 -
Tax 501,618 17,278
Accrued expenses 6,000 900
2,484,620 64,969

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans - 1-2 years - 46,791
Bank loans - 2-5 years - 137,041
Bank loans more 5 yr by instal - 219,310
Other loans - 1-2 years - 105,300
Other loans more 5yrs instal - 433,486
- 941,928

DUNTON O'NEILL LIMITED (REGISTERED NUMBER: 11681311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2022 2021
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 219,310
Other loans more 5yrs instal - 433,486
- 652,796

9. OTHER FINANCIAL COMMITMENTS

Sweet Pea & Willow London Limited, the company under common control, loaned £1,977,002 (2021 - £433,486) to the company. There are no specific terms relating to the repayment of this loan which is included in other loans.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2022 and 30 November 2021:

2022 2021
£    £   
M Dunton
Balance outstanding at start of year - -
Amounts advanced 229,984 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 229,984 -

The interest has been charged at the HMRC's official rates applicable to the overdrawn director's loan account.

11. ULTIMATE CONTROLLING PARTY

The controlling party is M Dunton.

This was by virtue of his holding of the issued share capital.