| Registered Number:NI623341 |
For the year ended 31 March 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 31 March 2025
OJC Contracts Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
OJC Contracts Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
227,569
303,425
2
227,569
303,425
1,850
500
3
| Trade and other receivables |
79,672
115,165
4
12,546
| Cash and cash equivalents |
5,061
120,726
94,068
| Trade and other payables: amounts falling due within one |
| year |
(358,261)
(335,913)
5
(264,193)
(215,187)
Net current liabilities
| Total assets less current liabilities |
12,382
39,232
| Trade and other payables: amounts falling due after more |
| than one year |
(27,556)
(22,200)
6
-
(8,527)
| Provisions for liabilities |
(9,818)
Net assets/liabilities
3,149
1
1
(9,819)
3,148
(9,818)
3,149
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Michael Connolly Director |
| These financial statements were approved and authorised for issue by the Board on 17 December 2025 and were signed by: |
1 of 5
For the year ended 31 March 2025
OJC Contracts Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2025
OJC Contracts Limited
Notes to the Financial Statements
Statutory Information
| OJC Contracts Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
| number NI623341. |
10 Beresford Row
The Mall
Armagh
Co Armagh
BT61 9AU
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
3 of 5
For the year ended 31 March 2025
OJC Contracts Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor Vehicles
611,321
1,300
25,030
584,991
584,991
25,030
1,300
611,321
| Provision for depreciation and impairment |
307,896
569
20,244
287,083
Charge for year
75,856
183
1,196
74,477
383,752
752
21,440
361,560
223,431
3,590
548
227,569
297,908
4,786
731
303,425
2024
2025
500
1,850
| 4. Trade and other receivables |
2024
2025
43,165
43,165
| Amounts owed by group undertakings and participating interests |
72,000
-
-
36,507
79,672
115,165
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Bank loans and overdraft (secured) |
6,122
6,122
329,791
352,139
335,913
358,261
4 of 5
For the year ended 31 March 2025
OJC Contracts Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
| Bank loans and overdraft (secured) |
22,200
27,556
| 7. Average number of persons employed |
During the year the average number of employees was 3 (2024 : 3)
5 of 5