REGISTERED NUMBER: 11666352 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

C.O'DONOVAN & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C O'Donovan

Ms. J L O'Donovan

D W O'Donovan

C O'Donovan

REGISTERED OFFICE:

Drum Yard

Ingram Road

Leeds

United Kingdom

LS11 9RD

REGISTERED NUMBER:

11666352 (England and Wales)

ACCOUNTANTS:

Integra Advisers LLP

1 Westleigh Hall Wakefield Road

Denby Dale, Huddersfield,

West Yorkshire

HD8 8QJ

FIXED ASSETS

Tangible assets

4

3,497,134

3,258,069

CURRENT ASSETS

Stocks

98,654

-

Debtors

5

5,131,984

3,645,631

Investments

6

201,950

-

Cash at bank

335,224

249,145

5,767,812

3,894,776

CREDITORS

Amounts falling due within one year

7

2,455,661

1,841,488

NET CURRENT ASSETS

3,312,151

2,053,288

TOTAL ASSETS LESS CURRENT LIABILITIES

6,809,285

5,311,357

CREDITORS

Amounts falling due after more than one year

8

(1,476,356

)

(1,192,746

)

PROVISIONS FOR LIABILITIES

(695,581

)

(322,944

)

NET ASSETS

4,637,348

3,795,667

CAPITAL AND RESERVES

Called up share capital

4

4

Revaluation reserve

11

1,698,537

1,698,537

Retained earnings

2,938,807

2,097,126

4,637,348

3,795,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 14 July 2026 and were signed on its behalf by:

C O'Donovan - Director

1.	STATUTORY INFORMATION

C.O'Donovan & Sons 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Freehold property

-

20% on reducing balance and 2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

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 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.

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 61 (2024 - 45 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 December 2024

2,137,302

1,440,090

24,944

Additions

-

410,331

-

Disposals

-

(3,000

)

-

At 30 November 2025

2,137,302

1,847,421

24,944

DEPRECIATION

At 1 December 2024

149,294

480,960

11,668

Charge for year

46,463

203,502

2,654

Eliminated on disposal

-

(400

)

-

At 30 November 2025

195,757

684,062

14,322

NET BOOK VALUE

At 30 November 2025

1,941,545

1,163,359

10,622

At 30 November 2024

1,988,008

959,130

13,276

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 December 2024

445,972

16,382

4,064,690

Additions

249,371

3,471

663,173

Disposals

(96,275

)

-

(99,275

)

At 30 November 2025

599,068

19,853

4,628,588

DEPRECIATION

At 1 December 2024

152,411

12,288

806,621

Charge for year

68,403

4,211

325,233

Eliminated on disposal

-

-

(400

)

At 30 November 2025

220,814

16,499

1,131,454

NET BOOK VALUE

At 30 November 2025

378,254

3,354

3,497,134

At 30 November 2024

293,561

4,094

3,258,069

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

1,759,758

1,469,076

Amounts owed by group undertakings

3,047,118

2,005,512

Other debtors

325,108

171,043

5,131,984

3,645,631

6.	CURRENT ASSET INVESTMENTS

30.11.25

30.11.24

£

£

Other investments

201,950

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts (see note 9)

406,897

-

Hire purchase contracts

30,193

13,748

Trade creditors

941,675

679,654

Taxation and social security

551,011

443,796

Other creditors

525,885

704,290

2,455,661

1,841,488

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans (see note 9)

1,369,986

1,142,746

Hire purchase contracts

56,370

-

Other creditors

50,000

50,000

1,476,356

1,192,746

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

50,000

50,000

9.

LOANS

An analysis of the maturity of loans is given below:

30.11.25

30.11.24

£

£

Amounts falling due within one year or on demand:

Bank Loans - Less than 1yr

406,897

-

Amounts falling due between one and two years:

Bank Loans - More than 1yr

1,369,986

1,142,746

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

50,000

50,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Bank loans

1,776,883

1,142,746

Hire purchase contracts

86,563

13,748

1,863,446

1,156,494

11.

RESERVES

Revaluation

reserve

£

At 1 December 2024

and 30 November 2025

1,698,537

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

D W O'Donovan

Balance outstanding at start of year

(92,422

)

(127,078

)

Amounts advanced

138,891

34,656

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

46,469

(92,422

)