REGISTERED NUMBER: 06742887 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

O'Connor Businesslinks Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

567,100

567,210

Current assets

Cash at bank

26,706

28,538

Creditors

Amounts falling due within one year

5

(2,666

)

(3,132

)

Net current assets

24,040

25,406

Total assets less current liabilities

591,140

592,616

Creditors

Amounts falling due after more than one year

6

(533,328

)

(540,954

)

Net assets

57,812

51,662

Capital and reserves

Called up share capital

100

100

Retained earnings

8

57,712

51,562

Shareholders' funds

57,812

51,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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:

Mrs Julia O'Connor - Director

Kenneth O'Connor - Director

1.	Statutory information

O'Connor Businesslinks Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06742887

Registered office:

181 Merton Road Wimbledon

London

SW19 1EE

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.

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 - 10 ).

4.	Tangible fixed assets

Freehold

Plant and

property

machinery

Totals

£

£

£

Cost

At 1 January 2024

and 31 December 2024

566,863

778

567,641

Depreciation

At 1 January 2024

-

431

431

Charge for year

-

110

110

At 31 December 2024

-

541

541

Net book value

At 31 December 2024

566,863

237

567,100

At 31 December 2023

566,863

347

567,210

5.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Corporation tax

1,466

1,932

Other creditors

1,200

1,200

2,666

3,132

6.

Creditors: amounts falling due after more than one year

31.12.24

31.12.23

£

£

Bank loans (see note 7)

329,924

329,924

Trade creditors

203,404

211,030

533,328

540,954

7.

Loans

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due between one and two years:

Bank loans > 1 year

329,924

329,924

8.

Reserves

Retained

earnings

£

At 1 January 2024

51,562

Profit for the year

6,150

At 31 December 2024

57,712