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REGISTERED NUMBER: 07393569 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

O'Brien Harris Refurbishments Ltd

O'Brien Harris Refurbishments Ltd (Registered number: 07393569)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

O'Brien Harris Refurbishments Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: N A O'Brien



SECRETARY:



REGISTERED OFFICE: 144 Mackie Avenue
Brighton
East Sussex
BN1 8SB



REGISTERED NUMBER: 07393569 (England and Wales)



ACCOUNTANTS: AC TAX SERVICES
144 Mackie Avenue
Brighton
East Sussex
BN1 8SB



BANKERS: Barclays Bank PLC
North Street
Brighton
East Sussex
BN1 1RU

O'Brien Harris Refurbishments Ltd (Registered number: 07393569)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,203 2,938
Investments 5 5,500 25,000
7,703 27,938

CURRENT ASSETS
Debtors 6 6,354 984
Prepayments and accrued income 12 -
Cash at bank 4,866 4,099
11,232 5,083
CREDITORS
Amounts falling due within one year 7 12,184 10,267
NET CURRENT LIABILITIES (952 ) (5,184 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,751

22,754

CREDITORS
Amounts falling due after more than
one year

8

28,743

19,022
NET (LIABILITIES)/ASSETS (21,992 ) 3,732

O'Brien Harris Refurbishments Ltd (Registered number: 07393569)

Balance Sheet - continued
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (22,092 ) 3,632
SHAREHOLDERS' FUNDS (21,992 ) 3,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 22 October 2024 and were signed by:





N A O'Brien - Director


O'Brien Harris Refurbishments Ltd (Registered number: 07393569)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

O'Brien Harris Refurbishments Ltd 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 etc - 25% on reducing balance

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.


O'Brien Harris Refurbishments Ltd (Registered number: 07393569)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 17,891
DEPRECIATION
At 1 March 2023 14,953
Charge for year 735
At 29 February 2024 15,688
NET BOOK VALUE
At 29 February 2024 2,203
At 28 February 2023 2,938

O'Brien Harris Refurbishments Ltd (Registered number: 07393569)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. FIXED ASSET INVESTMENTS
Loans to
other
participating
interests
£   
At 1 March 2023 25,000
Other movement (19,500 )
At 29 February 2024 5,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
29.2.24 28.2.23
£    £   
Trade debtors 6,354 984

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
29.2.24 28.2.23
£    £   
Trade creditors 476 6,255
Taxation and social security 3,856 3,999
Other creditors 7,852 13
12,184 10,267

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 28,743 19,022

O'Brien Harris Refurbishments Ltd

Report of the Accountants to the Director of
O'Brien Harris Refurbishments Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29 February 2024 set out on pages two to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AC TAX SERVICES
144 Mackie Avenue
Brighton
East Sussex
BN1 8SB


22 October 2024