IRIS Accounts Production v24.1.0.578 12598765 Board of Directors 1.5.23 30.4.24 30.4.24 30.1.25 0 0 true false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh125987652023-04-30125987652024-04-30125987652023-05-012024-04-30125987652022-04-30125987652022-05-012023-04-30125987652023-04-3012598765ns15:EnglandWales2023-05-012024-04-3012598765ns14:PoundSterling2023-05-012024-04-3012598765ns10:Director12023-05-012024-04-3012598765ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3012598765ns10:SmallEntities2023-05-012024-04-3012598765ns10:Audited2023-05-012024-04-3012598765ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3012598765ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3012598765ns10:FullAccounts2023-05-012024-04-3012598765ns10:OrdinaryShareClass12023-05-012024-04-3012598765ns10:Director22023-05-012024-04-3012598765ns10:RegisteredOffice2023-05-012024-04-3012598765ns5:CurrentFinancialInstruments2024-04-3012598765ns5:CurrentFinancialInstruments2023-04-3012598765ns5:ShareCapital2024-04-3012598765ns5:ShareCapital2023-04-3012598765ns5:RetainedEarningsAccumulatedLosses2024-04-3012598765ns5:RetainedEarningsAccumulatedLosses2023-04-3012598765ns5:CostValuation2023-04-3012598765ns5:Subsidiary12023-05-012024-04-3012598765ns5:Subsidiary112023-05-012024-04-3012598765ns5:Subsidiary12024-04-3012598765ns5:Subsidiary12023-04-3012598765ns5:Subsidiary12023-04-3012598765ns5:Subsidiary12022-05-012023-04-3012598765ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 12598765 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

O'Connor Properties Holdings Limited

O'Connor Properties Holdings Limited (Registered number: 12598765)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


O'Connor Properties Holdings Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: T G O'Connor
T J O'Connor





REGISTERED OFFICE: 164 Field End Road
Eastcote
Middlesex
HA5 1RH





REGISTERED NUMBER: 12598765 (England and Wales)





AUDITORS: Lawrence Johns
Registered Auditors
164 Field End Road
Eastcote
Middlesex
HA5 1RH

O'Connor Properties Holdings Limited (Registered number: 12598765)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investments 3 100,000 100,000

CURRENT ASSETS
Cash at bank 337 467

CREDITORS
Amounts falling due within one year 4 8,000 5,500
NET CURRENT LIABILITIES (7,663 ) (5,033 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,337

94,967

CAPITAL AND RESERVES
Called up share capital 5 100,000 100,000
Retained earnings (7,663 ) (5,033 )
SHAREHOLDERS' FUNDS 92,337 94,967

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 30 January 2025 and were signed on its behalf by:





T G O'Connor - Director


O'Connor Properties Holdings Limited (Registered number: 12598765)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. ACCOUNTING POLICIES

Company information
O'Connor Properties Holdings Limited is a private limited company, limited by shares, domiciled and incorporated in England and Wales. The registered office is 164 Field End Road, Eastcote, England, HA5 1RH.

Accounting Convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

Going concern
The financial statements are prepared on a going concern basis, which assume that the company will continue its operational existence for the foreseeable future.

As at 30 April 2024, the company has net assets of £92,337 and net current liabilities of £7,663. The company made a net loss of £2,630 in the year.

The company is reliant on the financial support of its ultimate parent company who have provided a letter of support to confirm that they will provide continued financial support to the company, as required, for a minimum of 12 months from the date of approval of the audit report.

Based on the above, the directors believe that the company will be able to continue in business and meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements. Therefore the directors continue to adopt the going concern basis of accounting in preparing these financial statements.

Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

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 in the company's balance sheet 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, when 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.




O'Connor Properties Holdings Limited (Registered number: 12598765)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2. EMPLOYEES AND DIRECTORS

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

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 100,000
NET BOOK VALUE
At 30 April 2024 100,000
At 30 April 2023 100,000

O'Connor Properties Holdings Limited (Registered number: 12598765)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

O'Connor Properties Limited
Registered office: 164 Field End Road, Eastcote, Middlesex,United Kingdom, HA5 1RH
Nature of business: Property investment
%
Class of shares: holding
Ordinary 100.00
30.4.24 30.4.23
£    £   
Aggregate capital and reserves 35,680,077 34,984,509
Profit for the year 315,568 1,219,153

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Amounts owed to group undertakings 8,000 5,500

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100,000 Ordinary £1 100,000 100,000

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

T M O'Keeffe (Senior Statutory Auditor)
for and on behalf of Lawrence Johns

7. PARENT COMPANY

The company's immediate and ultimate parent undertaking is O'Connor Group Topco Limited, a company registered in England & Wales. Its registered office address is 164 Field End Road, Eastcote, HA5 1RH, United Kingdom. The consolidated financial statements of O'Connor Group Topco Limited and its subsidiaries are publically available from Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ.