A.H. O'Neill Language Services Limited 04940452 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is the provision of language translating services. Digita Accounts Production Advanced 6.30.9574.0 true 04940452 2023-11-01 2024-10-31 04940452 2024-10-31 04940452 bus:OrdinaryShareClass1 2024-10-31 04940452 core:RetainedEarningsAccumulatedLosses 2024-10-31 04940452 core:ShareCapital 2024-10-31 04940452 core:CurrentFinancialInstruments 2024-10-31 04940452 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 04940452 core:FurnitureFittingsToolsEquipment 2024-10-31 04940452 bus:SmallEntities 2023-11-01 2024-10-31 04940452 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 04940452 bus:AbridgedAccounts 2023-11-01 2024-10-31 04940452 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 04940452 bus:RegisteredOffice 2023-11-01 2024-10-31 04940452 bus:Director1 2023-11-01 2024-10-31 04940452 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 04940452 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04940452 bus:Agent1 2023-11-01 2024-10-31 04940452 core:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 04940452 core:ShareCapital 2023-11-01 2024-10-31 04940452 core:FurnitureFittings 2023-11-01 2024-10-31 04940452 core:OfficeEquipment 2023-11-01 2024-10-31 04940452 countries:England 2023-11-01 2024-10-31 04940452 2023-10-31 04940452 core:RetainedEarningsAccumulatedLosses 2023-10-31 04940452 core:ShareCapital 2023-10-31 04940452 core:FurnitureFittingsToolsEquipment 2023-10-31 04940452 2022-11-01 2023-10-31 04940452 2023-10-31 04940452 bus:OrdinaryShareClass1 2023-10-31 04940452 core:CurrentFinancialInstruments 2023-10-31 04940452 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 04940452 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 04940452 core:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 04940452 core:ShareCapital 2022-11-01 2023-10-31 04940452 2022-10-31 04940452 core:RetainedEarningsAccumulatedLosses 2022-10-31 04940452 core:ShareCapital 2022-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04940452

A.H. O'Neill Language Services Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 October 2024

 

A.H. O'Neill Language Services Limited

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Abridged Profit and Loss Account

4

Statement of Comprehensive Income

5

Abridged Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Abridged Financial Statements

8 to 11

 

A.H. O'Neill Language Services Limited

Company Information

Director

Ms Alison Henrietta O'Neill

Registered office

49 Cromer Street
York
YO30 6DQ

Accountants

MTS Accountancy 1 Dunswell Road
Cottingham
East Yorkshire
HU16 4JA

 

A.H. O'Neill Language Services Limited

Director's Report for the Year Ended 31 October 2024

The director presents her report and the abridged financial statements for the year ended 31 October 2024.

Director of the company

The director who held office during the year was as follows:

Ms Alison Henrietta O'Neill

Principal activity

The principal activity of the company is the provision of language translating services.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 8 July 2025
 

.........................................
Ms Alison Henrietta O'Neill
Director

 

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
A.H. O'Neill Language Services Limited
for the Year Ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A.H. O'Neill Language Services Limited for the year ended 31 October 2024 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of A.H. O'Neill Language Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of A.H. O'Neill Language Services Limited and state those matters that we have agreed to state to the Board of Directors of A.H. O'Neill Language Services Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A.H. O'Neill Language Services Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that A.H. O'Neill Language Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of A.H. O'Neill Language Services Limited. You consider that A.H. O'Neill Language Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of A.H. O'Neill Language Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

MTS Accountancy
1 Dunswell Road
Cottingham
East Yorkshire
HU16 4JA

8 July 2025

 

A.H. O'Neill Language Services Limited

Abridged Profit and Loss Account for the Year Ended 31 October 2024

Note

2024
£

2023
£

Gross profit

 

14,771

18,007

Administrative expenses

 

(16,704)

(17,972)

(Loss)/profit before tax

(1,933)

35

Tax on (loss)/profit

 

-

(7)

(Loss)/profit for the financial year

 

(1,933)

28

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

A.H. O'Neill Language Services Limited

Statement of Comprehensive Income for the Year Ended 31 October 2024

2024
£

2023
£

(Loss)/profit for the year

(1,933)

28

Total comprehensive income for the year

(1,933)

28

 

A.H. O'Neill Language Services Limited

(Registration number: 04940452)
Abridged Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Current assets

 

Debtors

2,606

5,216

Cash at bank and in hand

 

1,994

1,824

 

4,600

7,040

Creditors: Amounts falling due within one year

-

(7)

Total assets less current liabilities

 

4,600

7,033

Accruals and deferred income

 

(400)

(400)

Net assets

 

4,200

6,633

Capital and reserves

 

Called up share capital

5

1

1

Retained earnings

4,199

6,632

Shareholders' funds

 

4,200

6,633

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 8 July 2025
 

.........................................
Ms Alison Henrietta O'Neill
Director

 

A.H. O'Neill Language Services Limited

Statement of Changes in Equity for the Year Ended 31 October 2024

Share capital
£

Retained earnings
£

Total
£

At 1 November 2023

1

6,632

6,633

Loss for the year

-

(1,933)

(1,933)

Dividends

-

(500)

(500)

At 31 October 2024

1

4,199

4,200

Share capital
£

Retained earnings
£

Total
£

At 1 November 2022

1

8,104

8,105

Profit for the year

-

28

28

Dividends

-

(1,500)

(1,500)

At 31 October 2023

1

6,632

6,633

 

A.H. O'Neill Language Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
49 Cromer Street
York
YO30 6DQ

These financial statements were authorised for issue by the director on 8 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

A.H. O'Neill Language Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

10% on cost

Fixtures and fittings

15% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

A.H. O'Neill Language Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 November 2023

3,569

3,569

At 31 October 2024

3,569

3,569

Depreciation

At 1 November 2023

3,569

3,569

At 31 October 2024

3,569

3,569

Carrying amount

At 31 October 2024

-

-

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary share of £1 each

1

1

1

1

       

6

Dividends

Interim dividends paid

2024
£

2023
£

Interim dividend of £500.00 (2023 - £1,500.00) per each Ordinary share

500

1,500

 

 

7

Related party transactions

 

A.H. O'Neill Language Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

12,570

12,570