Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 NI046440 Mr John O'Connell Mr Seamus O'Connell Mr John O'Connell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI046440 2024-03-31 NI046440 2025-03-31 NI046440 2024-04-01 2025-03-31 NI046440 frs-core:Non-currentFinancialInstruments 2025-03-31 NI046440 frs-core:ComputerEquipment 2024-04-01 2025-03-31 NI046440 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 NI046440 frs-core:MotorVehicles 2024-04-01 2025-03-31 NI046440 frs-core:PlantMachinery 2024-04-01 2025-03-31 NI046440 frs-core:ShareCapital 2025-03-31 NI046440 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI046440 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI046440 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 NI046440 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI046440 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI046440 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI046440 frs-bus:Director1 2024-04-01 2025-03-31 NI046440 frs-bus:Director2 2024-04-01 2025-03-31 NI046440 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 NI046440 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI046440 2023-03-31 NI046440 2024-03-31 NI046440 2023-04-01 2024-03-31 NI046440 frs-core:Non-currentFinancialInstruments 2024-03-31 NI046440 frs-core:ShareCapital 2024-03-31 NI046440 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: NI046440
O'Connells Garage Ltd
ABRIDGED Financial Statements
For The Year Ended 31 March 2025
J.A.McNicholl & Company Ltd
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Statement of Financial Position
Registered number: NI046440
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 698,427 742,351
698,427 742,351
CURRENT ASSETS
Stocks 494,593 498,070
Debtors 374,889 280,522
869,482 778,592
Creditors: Amounts Falling Due Within One Year (574,418 ) (566,212 )
NET CURRENT ASSETS (LIABILITIES) 295,064 212,380
TOTAL ASSETS LESS CURRENT LIABILITIES 993,491 954,731
Creditors: Amounts Falling Due After More Than One Year (20,556 ) (38,832 )
NET ASSETS 972,935 915,899
CAPITAL AND RESERVES
Called up share capital 5 600 600
Income Statement 972,335 915,299
SHAREHOLDERS' FUNDS 972,935 915,899
Page 1
Page 2
For the year ending 31 March 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
All of the company's members have consented to the preparation of an Abridged Statement of Financial Position for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr John O'Connell
Director
17/06/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
O'Connells Garage Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI046440 . The registered office is 1 Kilrea Road, Garvagh, Coleraine, BT51 5LP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 0%
Plant & Machinery 20%
Motor Vehicles 20%
Computer Equipment 20%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 11)
11 11
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Page 4
4. Tangible Assets
Total
£
Cost
As at 1 April 2024 1,058,114
Additions 10,969
As at 31 March 2025 1,069,083
Depreciation
As at 1 April 2024 315,763
Provided during the period 54,893
As at 31 March 2025 370,656
Net Book Value
As at 31 March 2025 698,427
As at 1 April 2024 742,351
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 600 600
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