Company Registration No. 14963716 (England and Wales)
Saol Investments Ltd
Unaudited accounts
for the period from 27 June 2023 to 30 June 2024
Saol Investments Ltd
Unaudited accounts
Contents
Saol Investments Ltd
Company Information
for the period from 27 June 2023 to 30 June 2024
Director
Mr Kevin O'Reilly
Company Number
14963716 (England and Wales)
Registered Office
58 The Boulevard
Worthing
West Sussex
BN13 1LA
England
Saol Investments Ltd
Statement of financial position
as at 30 June 2024
Investment property
691,344
Cash at bank and in hand
4,659
Creditors: amounts falling due within one year
(1,256)
Called up share capital
150
Profit and loss account
694,598
Shareholders' funds
694,748
For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 March 2025 and were signed on its behalf by
Mr Kevin O'Reilly
Director
Company Registration No. 14963716
Saol Investments Ltd
Notes to the Accounts
for the period from 27 June 2023 to 30 June 2024
Saol Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 14963716. The registered office is 58 The Boulevard, Worthing, West Sussex, BN13 1LA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The property has been valued at the purchase price, which is still the current market value
5
Investments
Other investments
Valuation at 27 June 2023
-
Valuation at 30 June 2024
1
The company purchased 1 share in a company called One Resourcing Ltd, a company which is related to the Director Mr K O'Reilly.
6
Creditors: amounts falling due within one year
2024
Taxes and social security
866
7
Transactions with related parties
During the year the Company received a dividend of £692000 from a company partly owned by the Director Mr Kevin O'Reilly
Saol Investments Ltd
Notes to the Accounts
for the period from 27 June 2023 to 30 June 2024
8
Average number of employees
During the period the average number of employees was 6.