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Company Registration No. 00174024 (England and Wales)
John O'Sullivan & Sons,Limited Unaudited accounts for the year ended 31 December 2024
John O'Sullivan & Sons,Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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John O'Sullivan & Sons,Limited Company Information for the year ended 31 December 2024
Directors
Ms Claire Elizabeth Cameron Mr David Charles Cameron
Company Number
00174024 (England and Wales)
Registered Office
41 Malford Grove Gilwern Abergavenny Gwent NP7 0RN
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John O'Sullivan & Sons,Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Investment property
4
120,000
120,000
Current assets
Cash at bank and in hand
51
50
Creditors: amounts falling due within one year
5
(2,225)
(2,229)
Net current liabilities
(2,174)
(2,179)
Net assets
117,826
117,821
Capital and reserves
Called up share capital
2,505
2,505
Revaluation reserve
114,978
114,978
Profit and loss account
343
338
Shareholders' funds
117,826
117,821
For the year ending 31 December 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by
Mr David Charles Cameron Director Company Registration No. 00174024
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John O'Sullivan & Sons,Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
John O'Sullivan & Sons,Limited is a private company, limited by shares, registered in England and Wales, registration number 00174024. The registered office is 41 Malford Grove, Gilwern, Abergavenny, Gwent, NP7 0RN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024
£
Fair value at 1 January 2024
120,000
At 31 December 2024
120,000
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxes and social security
1,793
1,797
Accruals
432
432
2,225
2,229
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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