Long O Donnell Associates Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04264310 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

LONG O DONNELL ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T J O'Donnell

Mrs F C O'Donnell

SECRETARY:

Mrs F C O'Donnell

REGISTERED OFFICE:

1st Floor

4 Jordan Street

Manchester

M15 4PY

REGISTERED NUMBER:

04264310 (England and Wales)

ACCOUNTANTS:

Connaughton & Co

1st Floor

4 Jordan Street

Manchester

M15 4PY

FIXED ASSETS

Intangible assets

4

19,383

22,871

Tangible assets

5

90,081

98,099

109,464

120,970

CURRENT ASSETS

Stocks

247,758

400,000

Debtors

6

1,524,011

1,454,942

Cash at bank

62,927

23,931

1,834,696

1,878,873

CREDITORS

Amounts falling due within one year

7

1,143,440

1,118,205

NET CURRENT ASSETS

691,256

760,668

TOTAL ASSETS LESS CURRENT
LIABILITIES

800,720

881,638

CREDITORS

Amounts falling due after more than one year

8

(73,238

)

(83,891

)

PROVISIONS FOR LIABILITIES

9

(6,556

)

(6,775

)

NET ASSETS

720,926

790,972

CAPITAL AND RESERVES

Called up share capital

10

1,000

Retained earnings

11

719,926

789,972

SHAREHOLDERS' FUNDS

720,926

790,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 May 2026 and were signed on its behalf by:

T J O'Donnell - Director

1.	STATUTORY INFORMATION

Long O Donnell Associates 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

Amortisation of intangible assets will start once the project is complete.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on cost and 25% on reducing balance

Computer equipment

-

25% on cost

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.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 28 (2024 - 30 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2024

and 31 August 2025

34,879

AMORTISATION

At 1 September 2024

12,008

Charge for year

3,488

At 31 August 2025

15,496

NET BOOK VALUE

At 31 August 2025

19,383

At 31 August 2024

22,871

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 September 2024

30,882

5,961

110,760

52,440

200,043

Additions

-

3,949

At 31 August 2025

30,882

5,961

110,760

56,389

203,992

DEPRECIATION

At 1 September 2024

27,394

5,220

16,890

52,440

101,944

Charge for year

343

9

10,627

988

11,967

At 31 August 2025

27,737

5,229

27,517

53,428

113,911

NET BOOK VALUE

At 31 August 2025

3,145

732

83,243

2,961

90,081

At 31 August 2024

3,488

741

93,870

-

98,099

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 September 2024

and 31 August 2025

110,760

DEPRECIATION

At 1 September 2024

16,890

Charge for year

10,627

At 31 August 2025

27,517

NET BOOK VALUE

At 31 August 2025

83,243

At 31 August 2024

93,870

6.

DEBTORS

31.8.25

31.8.24

£

Amounts falling due within one year:

Trade debtors

1,068,345

675,017

Other debtors

2,475

-

Related undertaking

333,242

331,140

Directors' current accounts

41,179

37,850

Prepayments and accrued income

64,872

398,161

1,510,113

1,442,168

Amounts falling due after more than one year:

Tax

13,898

12,774

Aggregate amounts

1,524,011

1,454,942

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Hire purchase contracts

10,653

9,984

Trade creditors

399,471

493,799

Tax

12,596

25,490

Social security and other taxes

79,122

76,072

VAT

170,566

76,553

Related undertaking

252,796

330,248

Wages control account

84,286

97,413

Accrued expenses

133,950

8,646

1,143,440

1,118,205

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Hire purchase contracts

73,238

83,891

9.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

Deferred tax

6,556

6,775

Deferred

tax

£

Balance at 1 September 2024

6,775

Accelerated capital allowances

(219

)

Balance at 31 August 2025

6,556

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

1,000

Ordinary

£1

1,000

11.

RESERVES

Retained

earnings

£

At 1 September 2024

789,972

Profit for the year

9,954

Dividends

(80,000

)

At 31 August 2025

719,926

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

T J O'Donnell and Mrs F C O'Donnell

Balance outstanding at start of year

37,850

-

Amounts advanced

3,329

37,850

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

41,179

37,850

13.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T J O'Donnell.