1 February 2022 false No description of principal activity Taxfiler 2023.9 NI650617business:PrivateLimitedCompanyLtd2022-02-012023-01-31 NI6506172022-01-31 NI6506172022-02-012023-01-31 NI650617business:AuditExemptWithAccountantsReport2022-02-012023-01-31 NI650617business:FilletedAccounts2022-02-012023-01-31 NI6506172023-01-31 NI650617business:Director12022-02-012023-01-31 NI650617business:CompanySecretary12022-02-012023-01-31 NI650617business:RegisteredOffice2022-02-012023-01-31 NI6506172022-01-31 NI650617core:WithinOneYear2023-01-31 NI650617core:WithinOneYear2022-01-31 NI650617core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 NI650617core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 NI650617core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 NI650617core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 NI650617core:PreviouslyStatedAmount2023-01-31 NI650617core:PreviouslyStatedAmount2022-01-31 NI650617business:SmallEntities2022-02-012023-01-31 NI650617countries:NorthernIreland2022-02-012023-01-31 NI650617core:PlantMachinery2022-02-012023-01-31 NI650617core:PlantMachinery2022-01-31 NI650617core:PlantMachinery2023-01-31 NI6506172021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. NI650617 (Northern Ireland)
PMN Construction Ltd Unaudited accounts for the year ended 31 January 2023
PMN Construction Ltd Unaudited accounts Contents
Page
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PMN Construction Ltd Company Information for the year ended 31 January 2023
Director
Peter McNulty
Secretary
Mairead McNulty
Company Number
NI650617 (Northern Ireland)
Registered Office
46 Loughside Road Garrison Co. Fermanagh BT93 4BY United Kingdom
Accountants
EMC Accountancy 21 Railway Street Belcoo Fermanagh BT93 5FJ
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PMN Construction Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
33,531 
41,491 
Current assets
Inventories
19,725 
11,000 
Debtors
8,840 
8,419 
Cash at bank and in hand
1,108 
16,484 
29,673 
35,903 
Creditors: amounts falling due within one year
(36,156)
(50,657)
Net current liabilities
(6,483)
(14,754)
Net assets
27,048 
26,737 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,948 
26,637 
Shareholders' funds
27,048 
26,737 
For the year ending 31 January 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 October 2023 and were signed on its behalf by
Peter McNulty Director Company Registration No. NI650617
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PMN Construction Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
PMN Construction Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI650617. The registered office is 46 Loughside Road, Garrison, Co. Fermanagh, BT93 4BY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2022
68,172 
Additions
423 
At 31 January 2023
68,595 
Depreciation
At 1 February 2022
26,681 
Charge for the year
8,383 
At 31 January 2023
35,064 
Net book value
At 31 January 2023
33,531 
At 31 January 2022
41,491 
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PMN Construction Ltd Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
580 
Trade debtors
6,367 
5,366 
Other debtors
2,473 
2,473 
8,840 
8,419 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,231 
13,287 
VAT
31 
- 
Obligations under finance leases and hire purchase contracts
2,303 
5,836 
Taxes and social security
1,107 
- 
Other creditors
9,290 
10,447 
Loans from directors
13,454 
19,347 
Accruals
1,740 
1,740 
36,156 
50,657 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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