REGISTERED NUMBER: SC103999 (Scotland)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

O'Neill & Company

Consulting Engineers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S Dempster

SECRETARY:

Mrs M C O'Neill

REGISTERED OFFICE:

7 Baird Drive

Bearsden

Glasgow

G61 4BJ

REGISTERED NUMBER:

SC103999 (Scotland)

ACCOUNTANTS:

Bell Barr & Company

2 Stewart Street

Milngavie

Glasgow

G62 6BW

FIXED ASSETS

Tangible assets

4

80

101

CURRENT ASSETS

Stocks

5

73,119

114,040

Debtors

6

192,235

221,443

Cash at bank

348,625

432,742

613,979

768,225

CREDITORS

Amounts falling due within one year

7

22,646

27,023

NET CURRENT ASSETS

591,333

741,202

TOTAL ASSETS LESS CURRENT LIABILITIES

591,413

741,303

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

590,413

740,303

SHAREHOLDERS' FUNDS

591,413

741,303

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 director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 February 2026 and were signed by:

Mrs S Dempster - Director

1.	STATUTORY INFORMATION

O'Neill & Company Consulting Engineers Limited is a private company, limited by shares , registered in Scotland. 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.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on reducing balance

Furniture & Equipment

-

33% on reducing balance and 25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Furniture

property

machinery

& Equipment

Totals

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

9,838

5,585

8,389

23,812

DEPRECIATION

At 1 May 2024

9,838

5,484

8,389

23,711

Charge for year

-

21

-

21

At 30 April 2025

9,838

5,505

8,389

23,732

NET BOOK VALUE

At 30 April 2025

-

80

-

80

At 30 April 2024

-

101

-

101

5.

STOCKS

30.4.25

30.4.24

£

£

Stocks

73,119

114,040

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

73,910

109,689

Other debtors

118,325

111,754

192,235

221,443

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

1,378

2,163

Taxation and social security

885

860

Other creditors

20,383

24,000

22,646

27,023