O'Riordan Construction Limited - Dormant accounts - members and to registrar (filleted) 23.2

REGISTERED NUMBER: 06891259 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2023

for

O'Riordan Construction Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

N D O'Riordan

REGISTERED OFFICE:

Spectrum House

2B Suttons Lane

Hornchurch

Essex

RM12 6RJ

REGISTERED NUMBER:

06891259 (England and Wales)

ACCOUNTANTS:

Johal & Company

Chartered Certified Accountants

& Registered Auditors

Spectrum House

2B Suttons Lane

Hornchurch

Essex

RM12 6RJ

FIXED ASSETS

Intangible assets

4

12,000

12,000

Tangible assets

5

9,506

9,506

21,506

21,506

CURRENT ASSETS

Debtors

6

104,107

104,107

Cash at bank

11,588

11,588

115,695

115,695

CREDITORS

Amounts falling due within one year

7

8,857

8,857

NET CURRENT ASSETS

106,838

106,838

TOTAL ASSETS LESS CURRENT LIABILITIES

128,344

128,344

CREDITORS

Amounts falling due after more than one year

8

18

18

NET ASSETS

128,326

128,326

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

128,325

128,325

SHAREHOLDERS' FUNDS

128,326

128,326

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 14 November 2023 and were signed by:

N D O'Riordan - Director

1.	STATUTORY INFORMATION

O'Riordan Construction 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 NIL (2022 - 3 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2022

and 28 February 2023

30,000

AMORTISATION

At 1 March 2022

and 28 February 2023

18,000

NET BOOK VALUE

At 28 February 2023

12,000

At 28 February 2022

12,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 March 2022

and 28 February 2023

5,063

2,729

30,478

38,270

DEPRECIATION

At 1 March 2022

and 28 February 2023

4,903

2,477

21,384

28,764

NET BOOK VALUE

At 28 February 2023

160

252

9,094

9,506

At 28 February 2022

160

252

9,094

9,506

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Other debtors

104,107

104,107

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Trade creditors

3,936

3,936

Taxation and social security

1,732

1,732

Other creditors

3,189

3,189

8,857

8,857

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.23

28.2.22

£

£

Other creditors

18

18