Silverfin false true 31/01/2025 10/06/2024 31/01/2025 Susan O'Neill 10/06/2024 Owen David O'Neill 10/06/2024 24 October 2025 no description of principal activity SC813036 2025-01-31 SC813036 bus:Director1 2025-01-31 SC813036 bus:Director2 2025-01-31 SC813036 core:CurrentFinancialInstruments 2025-01-31 SC813036 core:Non-currentFinancialInstruments 2025-01-31 SC813036 core:ShareCapital 2025-01-31 SC813036 core:CostValuation 2024-06-09 SC813036 core:AdditionsToInvestments 2025-01-31 SC813036 core:CostValuation 2025-01-31 SC813036 core:RemainingRelatedParties core:Non-currentFinancialInstruments 2025-01-31 SC813036 bus:OrdinaryShareClass1 2025-01-31 SC813036 bus:OrdinaryShareClass2 2025-01-31 SC813036 bus:OrdinaryShareClass3 2025-01-31 SC813036 bus:OrdinaryShareClass4 2025-01-31 SC813036 bus:OrdinaryShareClass5 2025-01-31 SC813036 bus:OtherShareClass1 2025-01-31 SC813036 2024-06-10 2025-01-31 SC813036 bus:FilletedAccounts 2024-06-10 2025-01-31 SC813036 bus:SmallEntities 2024-06-10 2025-01-31 SC813036 bus:AuditExemptWithAccountantsReport 2024-06-10 2025-01-31 SC813036 bus:EntityHasNeverTraded 2024-06-10 2025-01-31 SC813036 bus:PrivateLimitedCompanyLtd 2024-06-10 2025-01-31 SC813036 bus:Director1 2024-06-10 2025-01-31 SC813036 bus:Director2 2024-06-10 2025-01-31 SC813036 core:Associate1 2024-06-10 2025-01-31 SC813036 core:Associate1 1 2024-06-10 2025-01-31 SC813036 core:Non-currentFinancialInstruments 2024-06-10 2025-01-31 SC813036 bus:OrdinaryShareClass1 2024-06-10 2025-01-31 SC813036 bus:OrdinaryShareClass2 2024-06-10 2025-01-31 SC813036 bus:OrdinaryShareClass3 2024-06-10 2025-01-31 SC813036 bus:OrdinaryShareClass4 2024-06-10 2025-01-31 SC813036 bus:OrdinaryShareClass5 2024-06-10 2025-01-31 SC813036 bus:OtherShareClass1 2024-06-10 2025-01-31 iso4217:GBP xbrli:pure decimalUnit xbrli:shares

Company No: SC813036 (Scotland)

# THE O'NEILL FAMILY COMPANY LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 10 JUNE 2024 TO 31 JANUARY 2025
PAGES FOR FILING WITH THE REGISTRAR

THE O'NEILL FAMILY COMPANY LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 10 JUNE 2024 TO 31 JANUARY 2025

Contents

THE O'NEILL FAMILY COMPANY LIMITED

## BALANCE SHEET

AS AT 31 JANUARY 2025
THE O'NEILL FAMILY COMPANY LIMITED

## BALANCE SHEET (continued)

AS AT 31 JANUARY 2025

| Note | 31.01.2025
|  | £
Fixed assets |  |
Investments | 3 | 100
|  | 100
Current assets |  |
Debtors | 4 | 3,791
Cash at bank and in hand |  | 7,758
|  | 11,549
Net current assets |  | 11,549
Total assets less current liabilities |  | 11,649
Creditors: amounts falling due after more than one year | 5 | ( 11,549)
Net assets |  | 100
Capital and reserves |  |
Called-up share capital | 6 | 100
Total shareholders' funds |  | 100

The O'Neill Family Company Limited (registered number: SC813036) did not trade during the current financial period and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial period and therefore no Statement of Changes of Equity has been included. For the financial period ending 31 January 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of The O'Neill Family Company Limited (registered number: SC813036) were approved and authorised for issue by the Board of Directors on 24 October 2025. They were signed on its behalf by:

Owen David O'Neill Director |

THE O'NEILL FAMILY COMPANY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 10 JUNE 2024 TO 31 JANUARY 2025
THE O'NEILL FAMILY COMPANY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 10 JUNE 2024 TO 31 JANUARY 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

The O'Neill Family Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Unit 1 Roseberry Court, Broomloan Place, Ibrox Business Park,, Glasgow, G51 2JR, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

##### Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

#### 2. Employees

| Period from 10.06.2024 to 31.01.2025
| Number
Monthly average number of persons employed by the Company during the period, including directors | 2

#### 3. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 10 June 2024 | 0 |  | 0
Additions | 100 |  | 100
At 31 January 2025 | 100 |  | 100
Carrying value at 31 January 2025 | 100 |  | 100

Investments in shares

Name of entity | Registered office | Principal activity | Class of shares | Ownership 31.01.2025 | Held
Prestige Car Specialists (Scotland) Ltd | Unit 1 Roseberry Court Broomloan Place, Ibrox Business Park, Glasgow, Lanarkshire, Scotland, G51 2JR | Maintenance and repair of motor vehicles | A Ordinary | 33.00% | Direct

#### 4. Debtors

| 31.01.2025
| £
Other debtors | 3,791

#### 5. Creditors: amounts falling due after more than one year

| 31.01.2025
| £
Amounts owed to related parties | 11,549

There are no amounts included above in respect of which any security has been given by the small entity.

#### 6. Called-up share capital

| 31.01.2025
| £
Allotted, called-up and fully-paid |
10 A ordinary shares of £ 1.00 each | 10
10 B ordinary shares of £ 1.00 each | 10
20 C ordinary shares of £ 1.00 each | 20
20 D ordinary shares of £ 1.00 each | 20
20 E ordinary shares of £ 1.00 each | 20
20 F ordinary shares of £ 1.00 each | 20
| 100

#### 7. Related party transactions

Transactions with the entity's directors

| 31.01.2025
| £
Amounts owed by directors | 20

The loan is unsecured, interest free and repayable on demand.

Other related party transactions

| 31.01.2025
| £
Amounts owed to related parties | 11,549

The loan is unsecured, interest free and repayable on demand.