REGISTERED NUMBER: 05587899 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

J M O'Toole Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Tye

M Tye

SECRETARY:

REGISTERED OFFICE:

Unit 23

Leafield Industrial Estate

Leafield Way, Neston

Corsham

SN13 9RS

REGISTERED NUMBER:

05587899 (England and Wales)

ACCOUNTANTS:

OCL Accountancy

141 Englishcombe Lane

Bath

BA2 2EL

FIXED ASSETS

Tangible assets

4

168,246

186,080

CURRENT ASSETS

Debtors

5

626,564

334,768

Cash at bank

665,466

459,072

1,292,030

793,840

CREDITORS

Amounts falling due within one year

6

385,185

221,222

NET CURRENT ASSETS

906,845

572,618

TOTAL ASSETS LESS CURRENT LIABILITIES

1,075,091

758,698

CREDITORS

Amounts falling due after more than one year

7

(110,379

)

(136,542

)

PROVISIONS FOR LIABILITIES

(18,778

)

(11,007

)

NET ASSETS

945,934

611,149

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

(299,966

)

(299,966

)

Retained earnings

1,245,800

911,015

SHAREHOLDERS' FUNDS

945,934

611,149

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2026 and were signed on its behalf by:

P Tye - Director

1.	STATUTORY INFORMATION

J M O'Toole Ltd 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.

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 etc

-

25% on reducing balance

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

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.

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 20 (2025 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

301,486

Additions

51,405

Disposals

(46,170

)

At 31 March 2026

306,721

DEPRECIATION

At 1 April 2025

115,406

Charge for year

56,082

Eliminated on disposal

(33,013

)

At 31 March 2026

138,475

NET BOOK VALUE

At 31 March 2026

168,246

At 31 March 2025

186,080

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

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

187,264

DEPRECIATION

At 1 April 2025

46,816

Charge for year

35,112

At 31 March 2026

81,928

NET BOOK VALUE

At 31 March 2026

105,336

At 31 March 2025

140,448

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

400,290

188,185

Other debtors

226,274

146,583

626,564

334,768

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

5,000

10,000

Hire purchase contracts

21,163

23,559

Trade creditors

102,521

79,393

Taxation and social security

230,229

88,605

Other creditors

26,272

19,665

385,185

221,222

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

5,000

Hire purchase contracts

110,379

131,542

110,379

136,542

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

P Tye

Balance outstanding at start of year

(356

)

25,118

Amounts advanced

97,000

74,217

Amounts repaid

(97,746

)

(99,691

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,102

)

(356

)

M Tye

Balance outstanding at start of year

(10,440

)

17,238

Amounts advanced

97,000

74,217

Amounts repaid

(98,091

)

(101,895

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(11,531

)

(10,440

)

S Tye

Balance outstanding at start of year

-

24,673

Amounts advanced

-

700

Amounts repaid

-

(25,373

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-