ONEIL PLUMBING & HEATING LTD.


Director	O'NEIL, Christopher Michael


Registered Address	6 Parker Road
	Wootton
	Bedford
	MK43 9AZ


Registered Number	09984410 (England and Wales)

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,571		3,427
			2,571		3,427
Current assets
Debtors		49		5,329
Cash at bank and on hand		17,616		22,529
		17,665		27,858
Creditors amounts falling due within one year	4	(3,230)		(8,730)
Net current assets (liabilities)			14,435		19,128
Total assets less current liabilities			17,006		22,555
Net assets			17,006		22,555
Capital and reserves
Called up share capital			1		1
Profit and loss account			17,005		22,554
Shareholders' funds			17,006		22,555

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 18 November 2025, and are signed on its behalf by:

O'NEIL, Christopher Michael
Director
Registered Company No. 09984410

ONEIL PLUMBING & HEATING LTD.

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 March 24	25,014	25,014
At 28 February 25	25,014	25,014
Depreciation and impairment
At 01 March 24	21,587	21,587
Charge for year	856	856
At 28 February 25	22,443	22,443
Net book value
At 28 February 25	2,571	2,571
At 29 February 24	3,427	3,427

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	2,218	5,690
Other creditors	12	2,040
Accrued liabilities and deferred income	1,000	1,000
Total	3,230	8,730