REGISTERED NUMBER: 05060940 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

O'Keeffe Antiques Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

D R O'Keeffe

J M O'Keeffe

Secretary:

J M O'Keeffe

Registered office:

2 Christleton Road

Boughton

Chester

CH3 5UG

Registered number:

05060940 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

34,196

44,899

Current assets

Stocks

385,270

349,620

Debtors

5

9,086

16,149

Cash at bank

469,439

417,057

863,795

782,826

Creditors

Amounts falling due within one year

6

147,790

144,178

Net current assets

716,005

638,648

Total assets less current liabilities

750,201

683,547

Creditors

Amounts falling due after more than one year

7

(10,358

)

(17,858

)

Provisions for liabilities

(8,431

)

(11,187

)

Net assets

731,412

654,502

Capital and reserves

Called up share capital

100

100

Retained earnings

731,312

654,402

731,412

654,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

D R O'Keeffe - Director

1.	Statutory information

O'Keeffe Antiques 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.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

10% on cost

Fixtures & fittings

-

20% on cost

Motor vehicles

-

25% reducing balance

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 statement of financial position date.

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.

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.

Operating leases

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 5 (2025 - 5 ) .

4.	Tangible fixed assets

Leasehold

Fixtures

Motor

improvements

& fittings

vehicles

Totals

£

£

£

£

Cost

At 1 April 2025

7,773

7,315

57,000

72,088

Additions

-

411

-

411

Disposals

(4,887

)

(3,973

)

-

(8,860

)

At 31 March 2026

2,886

3,753

57,000

63,639

Depreciation

At 1 April 2025

7,014

5,926

14,249

27,189

Charge for year

290

746

10,688

11,724

Eliminated on disposal

(4,887

)

(4,583

)

-

(9,470

)

At 31 March 2026

2,417

2,089

24,937

29,443

Net book value

At 31 March 2026

469

1,664

32,063

34,196

At 31 March 2025

759

1,389

42,751

44,899

5.

Debtors: amounts falling due within one year

31/3/26

31/3/25

£

£

Trade debtors

8,205

15,075

Other debtors

881

1,074

9,086

16,149

6.

Creditors: amounts falling due within one year

31/3/26

31/3/25

£

£

Bank loans and overdrafts

7,504

6,904

Trade creditors

13,122

7,993

Taxation and social security

56,052

36,719

Other creditors

71,112

92,562

147,790

144,178

7.

Creditors: amounts falling due after more than one year

31/3/26

31/3/25

£

£

Bank loans

10,358

17,858

8.	Related party disclosures

The directors have made loans to the company in earlier years. The amount owed by the company at 31 March 2026 is £68,089 (2025 - £89,690). These loans are interest free and repayable on demand.

9.	Lease commitments

At 31 March 2026 the company had commitments under non-cancellable operating leases over the remaining life of these leases of £nil (2025 - £8,520). The amount payable within one year in respect of these leases was £nil (2025 - £8,520).