O'Neill & Brennan Site Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04374861 (England and Wales)

Report of the Directors and

Financial Statements

For The Year Ended 31st December 2024

for

O'Neill & Brennan Site Services Limited

Page

Company Information

1

Report of the Directors

2

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Donal Gerard O'Neill

Patrick Gerard Brennan

Sean Patrick O'Neill

Neil McCullough

SECRETARY:

Patrick Gerard Brennan

REGISTERED OFFICE:

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

REGISTERED NUMBER:

04374861 (England and Wales)

AUDITORS:

Wildin (Auditors) Limited

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

The directors present their report with the financial statements of the company for the year ended 31st December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of construction and waste management.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2024 to the date of this report.

Donal Gerard O'Neill

Patrick Gerard Brennan

Sean Patrick O'Neill

Neil McCullough

Other changes in directors holding office are as follows:

Eugene Meehan - resigned 31st December 2024

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

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), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 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:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and 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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Wildin (Auditors) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

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

ON BEHALF OF THE BOARD:

Patrick Gerard Brennan - Director

23rd September 2025

CURRENT ASSETS

Debtors

4

2,146,946

1,473,203

Cash at bank

14,431

5,535

2,161,377

1,478,738

CREDITORS

Amounts falling due within one year

5

334,023

95,497

NET CURRENT ASSETS

1,827,354

1,383,241

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,827,354

1,383,241

CAPITAL AND RESERVES

Called up share capital

6

2

Retained earnings

7

1,827,352

1,383,239

SHAREHOLDERS' FUNDS

1,827,354

1,383,241

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 and authorised for issue by the Board of Directors and authorised for issue on 23rd September 2025 and were signed on its behalf by:

Patrick Gerard Brennan - Director

1.	STATUTORY INFORMATION

O'Neill & Brennan Site 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

548,289

786,940

Amounts owed by group undertakings

1,363,982

335,600

VAT

179,437

224,101

Prepayments and accrued income

55,238

126,562

2,146,946

1,473,203

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

104,260

32,119

Tax

162,011

13,974

Accrued expenses

67,752

49,404

334,023

95,497

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

2

Ordinary

£1

2

7.

RESERVES

Retained

earnings

£

At 1st January 2024

1,383,239

Profit for the year

444,113

At 31st December 2024

1,827,352

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jacqueline Anne Mannion FCA, ACCA (Senior Statutory Auditor)

for and on behalf of Wildin (Auditors) Limited

9.	ULTIMATE PARENT COMPANY

The ultimate parent company is O'Neill & Brennan Construction Limited and the registered office is Kings Buildings, Hill Street, Lydney, Gloucestershire, GL15 5HE

10.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.