REGISTERED NUMBER: 03047713 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

O'Reilly Decorators Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K C O'Reilly

Mrs B T O'Reilly

SECRETARY:

Mrs B T O'Reilly

REGISTERED OFFICE:

50 Merttens Drive

Rugby

Warwickshire

CV22 7AE

REGISTERED NUMBER:

03047713 (England and Wales)

ACCOUNTANTS:

S Ward & Co Accountants

208 Binley Road

Coventry

CV3 1HG

FIXED ASSETS

Tangible assets

4

23,832

20,652

CURRENT ASSETS

Stocks

500

2,500

Debtors

5

35,445

11,393

Cash at bank

51,318

33,552

87,263

47,445

CREDITORS

Amounts falling due within one year

6

67,224

57,601

NET CURRENT ASSETS/(LIABILITIES)

20,039

(10,156

)

TOTAL ASSETS LESS CURRENT LIABILITIES

43,871

10,496

CREDITORS

Amounts falling due after more than one year

7

-

4,167

NET ASSETS

43,871

6,329

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

43,869

6,327

SHAREHOLDERS' FUNDS

43,871

6,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

K C O'Reilly - Director

1.	STATUTORY INFORMATION

O'Reilly Decorators 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

89,806

Additions

11,000

At 30 April 2025

100,806

DEPRECIATION

At 1 May 2024

69,154

Charge for year

7,820

At 30 April 2025

76,974

NET BOOK VALUE

At 30 April 2025

23,832

At 30 April 2024

20,652

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

31,345

10,280

Other debtors

4,100

1,113

35,445

11,393

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

2,205

3,800

Taxation and social security

41,373

38,389

Other creditors

23,646

15,412

67,224

57,601

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

-

4,167