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REGISTERED NUMBER: 07240427 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

R J O'NEILL PROPERTY SERVICES LIMITED

R J O'NEILL PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 07240427)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R J O'NEILL PROPERTY SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2025







DIRECTOR: Mr R O'Neill





SECRETARY: Mrs S L O'Neill





REGISTERED OFFICE: Unit B3
Barton Industrial Estate
Faldo Road
Barton-Le-Clay
Bedfordshire
MK45 4RP





REGISTERED NUMBER: 07240427 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

R J O'NEILL PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 07240427)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 483,210 384,528

CURRENT ASSETS
Stocks 5 43,368 43,368
Debtors 6 1,555,330 408,342
Cash at bank and in hand 2,612,499 1,832,304
4,211,197 2,284,014
CREDITORS
Amounts falling due within one year 7 3,326,562 1,440,919
NET CURRENT ASSETS 884,635 843,095
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,367,845

1,227,623

CREDITORS
Amounts falling due after more than one
year

8

(92,734

)

(387,441

)

PROVISIONS FOR LIABILITIES (120,803 ) (96,132 )
NET ASSETS 1,154,308 744,050

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 1,153,808 743,550
SHAREHOLDERS' FUNDS 1,154,308 744,050

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

R J O'NEILL PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 07240427)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 July 2025 and were signed by:





Mr R O'Neill - Director


R J O'NEILL PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 07240427)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2025

1. STATUTORY INFORMATION

R J O'Neill Property Services 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 represents net invoiced supply of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on disposal of an asset is determined at the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are measured at amortised cost less impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

R J O'NEILL PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 07240427)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provision
A warranty provision is included in the accounts in relation to future work to remedy any potential repairs from work completed.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 395,467 533 223,329 4,929 624,258
Additions 117,519 1,070 102,990 2,258 223,837
At 31 March 2025 512,986 1,603 326,319 7,187 848,095
DEPRECIATION
At 1 April 2024 95,411 255 140,060 4,004 239,730
Charge for year 87,278 72 37,054 751 125,155
At 31 March 2025 182,689 327 177,114 4,755 364,885
NET BOOK VALUE
At 31 March 2025 330,297 1,276 149,205 2,432 483,210
At 31 March 2024 300,056 278 83,269 925 384,528

R J O'NEILL PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 07240427)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2024 369,500 55,994 425,494
Additions 25,000 31,990 56,990
Transfer to ownership (231,500 ) - (231,500 )
At 31 March 2025 163,000 87,984 250,984
DEPRECIATION
At 1 April 2024 77,910 17,416 95,326
Charge for year 76,022 15,642 91,664
Transfer to ownership (93,819 ) - (93,819 )
At 31 March 2025 60,113 33,058 93,171
NET BOOK VALUE
At 31 March 2025 102,887 54,926 157,813
At 31 March 2024 291,590 38,578 330,168

5. STOCKS
2025 2024
£    £   
Stocks 43,368 43,368

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,484,030 296,429
Other debtors 6,000 6,000
VAT - 78,284
Prepayments 65,300 27,629
1,555,330 408,342

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other loans 17,933 49,442
Hire purchase contracts 49,353 105,815
Trade creditors 1,359,707 962,761
Corporation tax 169,356 93,325
Taxation and social security 85,531 76,774
VAT 49,806 -
Director's loan account 108 302
Accrued expenses 1,594,768 152,500
3,326,562 1,440,919

R J O'NEILL PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 07240427)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other loans - 1-2 years 11,186 59,727
Other loans - 2-5 years - 152,495
Hire purchase contracts 81,548 175,219
92,734 387,441

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 130,901 281,034

Hire purchase contracts are secured over the assets held under hire purchase agreements.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R O'Neill.