IRIS Accounts Production v24.2.0.383 07096055 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070960552024-01-31070960552025-01-31070960552024-02-012025-01-31070960552023-01-31070960552023-02-012024-01-31070960552024-01-3107096055ns15:EnglandWales2024-02-012025-01-3107096055ns14:PoundSterling2024-02-012025-01-3107096055ns10:Director12024-02-012025-01-3107096055ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3107096055ns10:SmallEntities2024-02-012025-01-3107096055ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3107096055ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3107096055ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3107096055ns10:FullAccounts2024-02-012025-01-3107096055ns10:Director22024-02-012025-01-3107096055ns10:Director32024-02-012025-01-3107096055ns10:RegisteredOffice2024-02-012025-01-3107096055ns5:CurrentFinancialInstruments2025-01-3107096055ns5:CurrentFinancialInstruments2024-01-3107096055ns5:ShareCapital2025-01-3107096055ns5:ShareCapital2024-01-3107096055ns5:RetainedEarningsAccumulatedLosses2025-01-3107096055ns5:RetainedEarningsAccumulatedLosses2024-01-3107096055ns5:FurnitureFittings2024-02-012025-01-3107096055ns5:FurnitureFittings2024-01-3107096055ns5:FurnitureFittings2025-01-3107096055ns5:FurnitureFittings2024-01-31
REGISTERED NUMBER: 07096055 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2025

for

O'Gara Developments Limited

O'Gara Developments Limited (Registered number: 07096055)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


O'Gara Developments Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: S K O'Gara
P M O'Gara
D M O'Gara





REGISTERED OFFICE: 5 Lavenham Close
Hazel Grove
Stockport
Cheshire
SK7 6JL





REGISTERED NUMBER: 07096055 (England and Wales)





ACCOUNTANTS: Boardman Conway
23A High Street
Weaverham
Northwich
Cheshire
CW8 3HA

O'Gara Developments Limited (Registered number: 07096055)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £   
CURRENT ASSETS
Debtors 5 8,340 8,400
Cash at bank 26,102 28,126
34,442 36,526
CREDITORS
Amounts falling due within one year 6 20,729 18,251
NET CURRENT ASSETS 13,713 18,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,713

18,275

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 13,707 18,269
SHAREHOLDERS' FUNDS 13,713 18,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 22 February 2025 and were signed on its behalf by:





S K O'Gara - Director


O'Gara Developments Limited (Registered number: 07096055)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

O'Gara Developments 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.

Income is recognised when the company obtains the right to consideration. Accrued income is valued at selling price on a percentage of completion basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% straight line

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment losses, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the assets belongs.

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.

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'Gara Developments Limited (Registered number: 07096055)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2024 295
Disposals (295 )
At 31 January 2025 -
DEPRECIATION
At 1 February 2024 295
Eliminated on disposal (295 )
At 31 January 2025 -
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 8,340 8,400

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Tax 6,511 9,706
VAT 3,150 3,519
Directors' current accounts 8,041 2,736
Accrued expenses 3,027 2,290
20,729 18,251