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Registered number: 07486210
O'Brien Ductwork Services Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
R Best & Co Ltd
Office 6
7 - 11 High Street
Reigate
Surrey
RH2 9AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07486210
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,750 1,566
Tangible Assets 5 24,655 33,304
28,405 34,870
CURRENT ASSETS
Debtors 6 791,552 733,494
Cash at bank and in hand 71,829 61,148
863,381 794,642
Creditors: Amounts Falling Due Within One Year 7 (711,538 ) (682,230 )
NET CURRENT ASSETS (LIABILITIES) 151,843 112,412
TOTAL ASSETS LESS CURRENT LIABILITIES 180,248 147,282
Creditors: Amounts Falling Due After More Than One Year 8 (24,191 ) (30,130 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,164 ) (8,326 )
NET ASSETS 149,893 108,826
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 149,793 108,726
SHAREHOLDERS' FUNDS 149,893 108,826
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
A Clue
Director
T O'Brien
Director
7 October 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
O'Brien Ductwork Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07486210 . The registered office is First Floor Ridgeland House, 15 Carfax, Horsham, West Sussex, RH12 1DY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are crypotassets held. It is held at cost. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on cost
Computer Equipment 33% on cost
2.5. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
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2.6. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2025: 4)
4 4
4. Intangible Assets
Other
£
Cost
As at 1 April 2025 1,566
Additions 2,184
As at 31 March 2026 3,750
Net Book Value
As at 31 March 2026 3,750
As at 1 April 2025 1,566
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2025 9,837 48,351 31,576 89,764
Additions - 2,285 5,071 7,356
Disposals - - (9,866 ) (9,866 )
As at 31 March 2026 9,837 50,636 26,781 87,254
Depreciation
As at 1 April 2025 5,699 30,605 20,156 56,460
Provided during the period 1,034 6,692 8,279 16,005
Disposals - - (9,866 ) (9,866 )
As at 31 March 2026 6,733 37,297 18,569 62,599
Net Book Value
As at 31 March 2026 3,104 13,339 8,212 24,655
As at 1 April 2025 4,138 17,746 11,420 33,304
Page 4
Page 5
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 171,813 406,964
Prepayments and accrued income 334,767 11,595
Retentions Withheld 102,922 125,395
OCS Holdings Limited 95,837 147,702
O'Brien Multiservices Limited 107 107
VAT 74,082 33,532
Directors' loan accounts 12,024 8,199
791,552 733,494
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 311,443 392,374
Bank loans and overdrafts 48,850 5,793
Corporation tax 103,913 87,133
Other taxes and social security 1,788 10,434
CIS 44,452 39,179
Pension Control 372 370
Retentions on hold - 19,968
Accruals and deferred income 174,550 125,395
Directors' loan accounts 26,170 1,584
711,538 682,230
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 24,191 30,130
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2025 Amounts advanced Amounts repaid Amounts written off As at 31 March 2026
£ £ £ £ £
Mr Alex Clue 8,199 12,337 8,512 - 12,024
The above loan is unsecured, interest free and repayable on demand. The loan was repaid on the 1st October 2026.
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