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REGISTERED NUMBER: 02391031 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

O'CONNELL PLANT AND GROUNDWORKS LIMITED

O'CONNELL PLANT AND GROUNDWORKS LIMITED (REGISTERED NUMBER: 02391031)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


O'CONNELL PLANT AND GROUNDWORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M A O'Connell
Ms J Power





REGISTERED OFFICE: 2 Mountside
Stanmore
Middlesex
HA7 2DT





REGISTERED NUMBER: 02391031 (England and Wales)





ACCOUNTANTS: Mountsides Limited
Chartered Accountants
2 Mountside
Stanmore
Middlesex
HA7 2DT

O'CONNELL PLANT AND GROUNDWORKS LIMITED (REGISTERED NUMBER: 02391031)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 - 28,134

CURRENT ASSETS
Stocks - 4,250
Debtors 6 852,646 816,208
852,646 820,458
CREDITORS
Amounts falling due within one year 7 (71,311 ) (71,723 )
NET CURRENT ASSETS 781,335 748,735
TOTAL ASSETS LESS CURRENT
LIABILITIES

781,335

776,869

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 781,235 776,769
SHAREHOLDERS' FUNDS 781,335 776,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:




M A O'Connell - Director


O'CONNELL PLANT AND GROUNDWORKS LIMITED (REGISTERED NUMBER: 02391031)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

O'Connell Plant and Groundworks 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 6 ) .

O'CONNELL PLANT AND GROUNDWORKS LIMITED (REGISTERED NUMBER: 02391031)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 22,010 155,750 18,248 196,008
DEPRECIATION
At 1 April 2023 22,010 129,738 16,126 167,874
Charge for year - 26,012 2,122 28,134
At 31 March 2024 22,010 155,750 18,248 196,008
NET BOOK VALUE
At 31 March 2024 - - - -
At 31 March 2023 - 26,012 2,122 28,134

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 14,616
Amounts owed by related parties 792,505 595,077
Other debtors 60,141 206,515
852,646 816,208

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,143 6,143
Amounts owed to related parties 54,168 54,168
Taxation and social security - 1,412
Other creditors 5,000 10,000
71,311 71,723

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Shares £1 100 100