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REGISTERED NUMBER: 11681311 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

DUNTON O'NEILL LIMITED

DUNTON O'NEILL LIMITED (REGISTERED NUMBER: 11681311)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DUNTON O'NEILL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: M Dunton





REGISTERED OFFICE: Holbrooke House
34-38 Hill Rise
Richmond
Surrey
TW10 6UA





REGISTERED NUMBER: 11681311 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
15 West Street
Brighton
East Sussex
BN1 2RL

DUNTON O'NEILL LIMITED (REGISTERED NUMBER: 11681311)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 9,408 13,478

CURRENT ASSETS
Stocks 4 2,034,206 1,865,270
Debtors 5 - 104,755
Cash at bank 2,489 10,458
2,036,695 1,980,483
CREDITORS
Amounts falling due within one year 6 2,150,031 2,068,182
NET CURRENT LIABILITIES (113,336 ) (87,699 )
TOTAL ASSETS LESS CURRENT LIABILITIES (103,928 ) (74,221 )

PROVISIONS FOR LIABILITIES - 3,369
NET LIABILITIES (103,928 ) (77,590 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (103,930 ) (77,592 )
(103,928 ) (77,590 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2025 and were signed by:





M Dunton - Director


DUNTON O'NEILL LIMITED (REGISTERED NUMBER: 11681311)

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


1. 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.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes the purchase price and all costs associated with the renovation of properties held for resale.

The net realisable value has been determined using an external valuation.

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

Deferred tax
Deferred taxation is provided in full on timing differences which represent a liability at the balance sheet date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of in-come and expenditure in taxation computations in periods different from those in which they are included in financial statements. Deferred tax assets and liabilities are not discounted.

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

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

3. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 December 2023
and 30 November 2024 20,336
DEPRECIATION
At 1 December 2023 6,858
Charge for year 4,070
At 30 November 2024 10,928
NET BOOK VALUE
At 30 November 2024 9,408
At 30 November 2023 13,478

4. STOCKS
2024 2023
£    £   
Work-in-progress 2,034,206 1,865,270

DUNTON O'NEILL LIMITED (REGISTERED NUMBER: 11681311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 104,755

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,732 41,601
Amounts owed to associates 1,976,459 1,961,416
Tax - 200
Directors' loan accounts 164,500 57,669
Accrued expenses 2,340 7,296
2,150,031 2,068,182

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, M Dunton increased his loan to the company. As at 30 November 2024, the company owed him £164,500 (2023: £57,668). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

8. RELATED PARTY DISCLOSURES

Sweet Pea & Willow London Limited
As at 30 November 2024, the company owed Sweet Pea & Willow London Limited £1,976,459 (2023: £1,961,416). The balance is interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M and Mrs J Dunton.

This was by virtue of their 100% holding of the issued share capital.

10. ACCOUNTING BASIS

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a loss of £29,707, and as at the year end the current liabilities exceeded current assets by £113,336.

The validity of this basis depends upon the continued support of Sweet Pea & Willow London Limited. The director confirms that he will give the required support for the foreseeable future.