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

REGISTERED NUMBER: 05438819 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

LONG O DONNELL CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T J O'Donnell

SECRETARY:

Mrs F C O'Donnell

REGISTERED OFFICE:

1st Floor

4 Jordan Street

Manchester

M15 4PY

REGISTERED NUMBER:

05438819 (England and Wales)

ACCOUNTANTS:

Connaughton & Co

1st Floor

4 Jordan Street

Manchester

M15 4PY

FIXED ASSETS

Tangible assets

4

2,347

3,432

Investment property

5

200,000

625,000

202,347

628,432

CURRENT ASSETS

Debtors

6

643,087

169,011

Cash at bank

426

414

643,513

169,425

CREDITORS

Amounts falling due within one year

7

532,771

523,456

NET CURRENT ASSETS/(LIABILITIES)

110,742

(354,031

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

313,089

274,401

PROVISIONS FOR LIABILITIES

9

587

30,487

NET ASSETS

312,502

243,914

CAPITAL AND RESERVES

Called up share capital

10

1,000

Retained earnings

11

311,502

242,914

SHAREHOLDERS' FUNDS

312,502

243,914

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 director acknowledges his 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 director and authorised for issue on 28 May 2026 and were signed by:

T J O'Donnell - Director

1.	STATUTORY INFORMATION

Long O Donnell Consulting 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 as modified by the revaluation of certain assets.

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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 September 2024

and 31 August 2025

33,776

2,138

35,914

DEPRECIATION

At 1 September 2024

31,948

534

32,482

Charge for year

684

401

1,085

At 31 August 2025

32,632

935

33,567

NET BOOK VALUE

At 31 August 2025

1,144

1,203

2,347

At 31 August 2024

1,828

1,604

3,432

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

625,000

Disposals

(425,000

)

At 31 August 2025

200,000

NET BOOK VALUE

At 31 August 2025

200,000

At 31 August 2024

625,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2015

(41,636

)

Valuation in 2016

5,000

Valuation in 2017

5,000

Valuation in 2021

20,000

Cost

211,636

200,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.8.25

31.8.24

£

Cost

211,636

506,483

Investment properties were valued on an open market basis on 31 August 2024 by the directors .

6.

DEBTORS

31.8.25

31.8.24

£

Amounts falling due within one year:

Trade debtors

26,410

Other debtors

468,905

-

Director's current account

111,466

106,466

Prepayments and accrued income

288

1,805

607,069

134,681

Amounts falling due after more than one year:

Tax

36,018

34,330

Aggregate amounts

643,087

169,011

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Bank loans and overdrafts

49,248

48,878

Trade creditors

1,177

2,379

Tax

28,234

6,726

VAT

119,708

43,583

Related undertaking

333,242

331,140

Accrued expenses

1,162

90,750

532,771

523,456

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

Bank overdrafts

49,248

48,878

9.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

Deferred tax

587

30,487

Deferred

tax

£

Balance at 1 September 2024

30,487

Accelerated capital allowances

(29,900

)

Balance at 31 August 2025

587

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

242,914

Profit for the year

68,588

At 31 August 2025

311,502

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.8.25

31.8.24

£

T J O'Donnell

Balance outstanding at start of year

106,466

Amounts advanced

5,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

111,466

106,466

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 controlling party is T J O'Donnell.