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| DIRECTORS' REPORT |
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| FOR THEYEARENDED31/08/2024 |
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| The directors present their report and accounts for theyearended31/08/2024 |
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| DIRECTORS |
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| The directors who served during theyearwere as follows: |
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| Paul O'Brien |
| Angela O'Brien |
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| STATEMENT OF DIRECTORS RESPONSIBILITIES |
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| The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulation.
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| Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements the directors are required to:
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| - Select suitable accounting policies and then apply them consistently;
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| - Make judgements and accounting estimates that are reasonable and prudent;
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| - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
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| The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
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| The report of the directors has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. |
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| This report was approved by the board on29/08/2025 |
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| Paul O'Brien |
| Director |
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| BALANCE SHEET AT 31/08/2024 |
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| | | | | | 2024 | | | | 2023 |
| | Notes | | | | £ | | | | £ |
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| FIXED ASSETS | | | | | | | | | | |
| Tangible assets | | 5 | | | | 896,678 | | | | 918,350 |
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| CURRENT ASSETS | | | | | | | | | | |
| Debtors | | 7 | | 1,368,281 | | | | 940,016 | | |
| Cash at bank and in hand | | | | 164,118 | | | | 174,255 | | |
| | | | 1,532,399 | | | | 1,114,271 | | |
| CREDITORS: Amounts falling due within one year | | 8 | | 1,523,727 | | | | 1,127,575 | | |
| NET CURRENT ASSETS / (LIABILITIES) | | | | | | 8,672 | | | | (13,304) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | | | | | | 905,350 | | | | 905,046 |
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| CREDITORS: Amounts falling due after more than one year | | 9 | | | | 900,863 | | | | 900,265 |
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| NET ASSETS | | | | | | 4,487 | | | | 4,781 |
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| CAPITAL AND RESERVES | | | | | | | | | | |
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| Called up share capital | | 10 | | | | 3 | | | | 3 |
| Profit and loss account | | | | | | 4,484 | | | | 4,778 |
| SHAREHOLDERS' FUNDS | | | | | | 4,487 | | | | 4,781 |
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| For the year ending 31/08/2024 the company was entitled to exemption 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. |
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| Approved by the board on 29/08/2025 and signed on their behalf by | | | | | | | | | | |
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| ............................. | | | | | | | | | | |
| Paul O'Brien | | | | | | | | | | |
| Director | | | | | | | | | | |
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| TRADING AND PROFIT AND LOSS ACCOUNT |
| FOR THE YEAR ENDED 31/08/2024 |
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| | | | | | 2024 | | | | 2023 |
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| Cost of Sales: | | | | | | | | | | |
| Other operating income | | | | | | 427,184 | | | | 298,524 |
| | | | | | 427,184 | | | | 298,524 |
| Less: | | | | | | | | | | |
| Distribution costs | | | | 148 | | | | 155 | | |
| Administrative expenses | | | | 348,984 | | | | 248,135 | | |
| Interest receivable and similar income | | | | (2,223) | | | | (1,338) | | |
| Interest payable and similar charges | | | | 75,631 | | | | 46,007 | | |
| | | | | | 422,540 | | | | 292,959 |
| Net profit for the year before
taxation | | | | | | 4,644 | | | | 5,565 |
| Taxation | | | | | | 4,938 | | | | 5,291 |
| Net (loss) / profit for the year after
taxation | | | | | | (294) | | | | 274 |
| Retained profits brought forward | | | | | | 4,778 | | | | 4,504 |
| Retained profits carried forward | | | | | | 4,484 | | | | 4,778 |
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| This page does not form part of the Company's
Statutory Accounts and is prepared for the information of the
Directors only. |
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| PROFIT AND LOSS ACCOUNT SUMMARIES |
| FOR THE YEAR ENDED 31/08/2024 |
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| | | | 2024 | | 2023 |
| | | | £ | | £ |
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| Distribution Costs: | | | | | | |
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| Advertising and sales promotion | | | | 148 | | - |
| Travel | | | | - | | 155 |
| | | | 148 | | 155 |
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| Interest payable and similar charges: | | | | | | |
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| Interest on loans repayable within 5 years | | | | 635 | | 885 |
| Mortgage interest | | | | 74,996 | | 44,389 |
| Other interest | | | | - | | 733 |
| | | | 75,631 | | 46,007 |
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| Administrative Expenses: | | | | | | |
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| Rates | | | | 33,987 | | 19,128 |
| Insurance | | | | 32,550 | | 10,869 |
| Service charge | | | | 6,484 | | 3,217 |
| Water rates | | | | 1,152 | | 260 |
| Heat and light | | | | 5,888 | | 2,926 |
| Cleaning | | | | 6,982 | | 10,799 |
| Repairs and renewals | | | | 88,593 | | 24,561 |
| Wages - regular | | | | 52,756 | | 62,026 |
| NIC employer (wages and salaries) | | | | 6,212 | | 11,697 |
| Health insurance | | | | - | | 8,197 |
| Pension contributions | | | | 3,402 | | 1,380 |
| Computer costs | | | | 9,710 | | 9,325 |
| Motor expenses - fuel and oil | | | | - | | 2,065 |
| Miscellaneous motor expenses | | | | 616 | | 1,529 |
| Accountancy fees | | | | 28,384 | | 28,938 |
| Professional fees | | | | 29,772 | | 9,105 |
| Postage | | | | - | | 9 |
| Stationery & office supplies | | | | 1,672 | | 1,811 |
| Telephone | | | | 351 | | 3,226 |
| Subscriptions | | | | 17,422 | | 13,224 |
| Charitable donations | | | | - | | 175 |
| Bank charges | | | | 1,345 | | 1,745 |
| Sundry expenses | | | | 34 | | 26 |
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| Depreciation and Amortisation: | | | | | | |
| Depreciation of investment properties | | | | 15,545 | | 15,545 |
| Depreciation of land and buildings | | | | 5,350 | | 5,350 |
| Depreciation of fixtures and fittings | | | | 224 | | 264 |
| Depreciation of motor cars | | | | 553 | | 738 |