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REGISTERED NUMBER: 07217241 (England and Wales)




































FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

O'ROURKE INFRASTRUCTURE SERVICES LIMITED

O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


O'ROURKE INFRASTRUCTURE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: P O'Rourke
Mrs T O'Rourke
W P O'Rourke





REGISTERED OFFICE: Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR





REGISTERED NUMBER: 07217241 (England and Wales)





ACCOUNTANTS: Compass Accountants Limited
Chartered Accountants
Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR

O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

BALANCE SHEET
31ST MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 517,700 475,425

CURRENT ASSETS
Stocks 73,350 34,300
Debtors 5 263,859 289,595
Cash at bank and in hand 54,467 125,355
391,676 449,250
CREDITORS
Amounts falling due within one year 6 234,338 241,676
NET CURRENT ASSETS 157,338 207,574
TOTAL ASSETS LESS CURRENT
LIABILITIES

675,038

682,999

CREDITORS
Amounts falling due after more than one
year

7

(235,976

)

(343,666

)

PROVISIONS FOR LIABILITIES (98,363 ) (90,331 )
NET ASSETS 340,699 249,002

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 340,589 248,892
340,699 249,002

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th October 2024 and were signed on its behalf by:



P O'Rourke - Director


O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

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


1. STATUTORY INFORMATION

O'Rourke Infrastructure Services 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. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 2.5% on cost
Fixtures and fittings - 2.5% on cost
Motor vehicles - 2.5% on cost
Computer equipment - 2.5% on cost

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

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 Statement of Income and Retained Earnings, 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.

O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Basic financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The company's financial assets and liabilities consist of cash and cash equivalents, short term investments, trade and other debtors, trade and other creditor, and accrued expenses. The fair value of these items approximates their carrying value due to their short term value. Unless otherwise noted, the company is not exposed to significant interest, foreign exchange or credit risks arising from these instruments.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st April 2023 396,653 - 187,494 7,612 591,759
Additions 21,652 36,656 - - 58,308
At 31st March 2024 418,305 36,656 187,494 7,612 650,067
DEPRECIATION
At 1st April 2023 67,593 - 43,069 5,672 116,334
Charge for year 10,374 916 4,687 56 16,033
At 31st March 2024 77,967 916 47,756 5,728 132,367
NET BOOK VALUE
At 31st March 2024 340,338 35,740 139,738 1,884 517,700
At 31st March 2023 329,060 - 144,425 1,940 475,425

O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

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


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 346,635 160,994 507,629
DEPRECIATION
At 1st April 2023 59,549 38,234 97,783
Charge for year 8,646 4,425 13,071
At 31st March 2024 68,195 42,659 110,854
NET BOOK VALUE
At 31st March 2024 278,440 118,335 396,775
At 31st March 2023 287,086 122,760 409,846

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 60,870 87,731
Other debtors 202,989 201,864
263,859 289,595

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 73,022 72,779
Hire purchase contracts 20,054 76,169
Trade creditors 119,141 77,646
Taxation and social security 6,090 -
Other creditors 16,031 15,082
234,338 241,676

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 204,254 277,518
Hire purchase contracts 31,722 66,148
235,976 343,666