Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30true2023-10-01falseNo description of principal activity44trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05272973 2023-10-01 2024-09-30 05272973 2022-10-01 2023-09-30 05272973 2024-09-30 05272973 2023-09-30 05272973 c:Director1 2023-10-01 2024-09-30 05272973 c:Director2 2023-10-01 2024-09-30 05272973 c:RegisteredOffice 2023-10-01 2024-09-30 05272973 d:PlantMachinery 2023-10-01 2024-09-30 05272973 d:PlantMachinery 2024-09-30 05272973 d:PlantMachinery 2023-09-30 05272973 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05272973 d:FurnitureFittings 2023-10-01 2024-09-30 05272973 d:FurnitureFittings 2024-09-30 05272973 d:FurnitureFittings 2023-09-30 05272973 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05272973 d:ComputerEquipment 2023-10-01 2024-09-30 05272973 d:ComputerEquipment 2024-09-30 05272973 d:ComputerEquipment 2023-09-30 05272973 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05272973 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05272973 d:CurrentFinancialInstruments 2024-09-30 05272973 d:CurrentFinancialInstruments 2023-09-30 05272973 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 05272973 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 05272973 d:ShareCapital 2024-09-30 05272973 d:ShareCapital 2023-09-30 05272973 d:RetainedEarningsAccumulatedLosses 2024-09-30 05272973 d:RetainedEarningsAccumulatedLosses 2023-09-30 05272973 c:FRS102 2023-10-01 2024-09-30 05272973 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05272973 c:FullAccounts 2023-10-01 2024-09-30 05272973 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company registration number: 05272973







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024


O'CONNOR PLASTERING LIMITED






































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O'CONNOR PLASTERING LIMITED
 


 
COMPANY INFORMATION


Directors
Mr A W O'Connor 
Mr M P Hammond 




Registered number
05272973



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

Surrey

TW18 4BP




Trading Address
25 White City

Crowthorne

Berkshire

RG4 7DJ






Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


O'CONNOR PLASTERING LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6

 


O'CONNOR PLASTERING LIMITED
REGISTERED NUMBER:05272973



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
3,386
3,847

  
3,386
3,847

Current assets
  

Stocks
  
-
1,040

Debtors: amounts falling due within one year
 5 
91,577
141,592

Cash at bank and in hand
  
-
46,744

  
91,577
189,376

Creditors: amounts falling due within one year
 6 
(94,524)
(84,925)

Net current (liabilities)/assets
  
 
 
(2,947)
 
 
104,451

Total assets less current liabilities
  
439
108,298

  

Net assets
  
439
108,298


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
139
107,998

  
439
108,298


Page 1

 


O'CONNOR PLASTERING LIMITED
REGISTERED NUMBER:05272973


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr M P Hammond
Director

Date: 11 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


O'CONNOR PLASTERING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

O'Connor Plastering Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address and trading address can be found on the Company Information page.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is generated by plastering and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 


O'CONNOR PLASTERING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
10%
Reducing balance
Fixtures and fittings
-
25%
Reducing balance
Computer equipment
-
20%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 4

 


O'CONNOR PLASTERING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 October 2023
5,175
1,200
2,036
8,411



At 30 September 2024

5,175
1,200
2,036
8,411



Depreciation


At 1 October 2023
2,499
1,032
1,033
4,564


Charge for the year on owned assets
219
41
201
461



At 30 September 2024

2,718
1,073
1,234
5,025



Net book value



At 30 September 2024
2,457
127
802
3,386



At 30 September 2023
2,676
168
1,003
3,847


5.


Debtors

2024
2023
£
£


Trade debtors
1
-

Other debtors
91,576
141,592

91,577
141,592



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
47,863
-

Trade creditors
34,100
49,532

Corporation tax
1,835
21,677

Other taxation and social security
577
618

Other creditors
5,699
6,848

Accruals and deferred income
4,450
6,250

94,524
84,925


Page 5

 


O'CONNOR PLASTERING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Transactions with directors

At the year end the directors owed the company £64,264 (2023 - £95,960). This amount is considered to be repayable on demand and charged at an interest rate of 2%.

2024
2023
£
£
Balance outstanding at start of year

95,960

71,684
 
Amounts advanced

38,914

114,776
 
Amounts repaid

(70,610)

(90,500)
 
Closing balance
64,264

95,960
 
 
Page 6