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REGISTERED NUMBER: 11115958 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

O'CONNELL PLANT HIRE LIMITED

O'CONNELL PLANT HIRE LIMITED (REGISTERED NUMBER: 11115958)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


O'CONNELL PLANT HIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr M O'Connell





REGISTERED OFFICE: 2 Mountsides
Stanmore
Middlesex
HA7 2DT





REGISTERED NUMBER: 11115958 (England and Wales)





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

O'CONNELL PLANT HIRE LIMITED (REGISTERED NUMBER: 11115958)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 311,519 557,367
Cash at bank 1,243,605 756,119
1,555,124 1,313,486
CREDITORS
Amounts falling due within one year 6 (1,249,512 ) (1,081,744 )
NET CURRENT ASSETS 305,612 231,742
TOTAL ASSETS LESS CURRENT
LIABILITIES

305,612

231,742

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 305,512 231,642
SHAREHOLDERS' FUNDS 305,612 231,742

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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:





Mr M O'Connell - Director


O'CONNELL PLANT HIRE LIMITED (REGISTERED NUMBER: 11115958)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

O'Connell Plant Hire 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.

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

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2022 - 8 ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 305,203 461,846
Other debtors 6,316 95,521
311,519 557,367

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 488,919 292,561
Taxation and social security 57,923 99,658
Other creditors 702,670 689,525
1,249,512 1,081,744

O'CONNELL PLANT HIRE LIMITED (REGISTERED NUMBER: 11115958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100

8. RELATED PARTY DISCLOSURES

Included in debtors is a loan of £4,222 (2022 - £ 4,222) made to a company controlled by the director. The loan is unsecured, interest free and repayable on demand.

Included in creditors are loans totalling £687,094 (2022 - £ 566,465) made by two companies controlled by the director. The loans are unsecured, interest free and repayable on demand.