1 January 2023 false No description of principal activity Taxfiler 2024.5 NI642510business:PrivateLimitedCompanyLtd2023-01-012023-12-31 NI6425102022-12-31 NI6425102023-01-012023-12-31 NI642510business:AuditExemptWithAccountantsReport2023-01-012023-12-31 NI642510business:FilletedAccounts2023-01-012023-12-31 NI6425102023-12-31 NI642510business:Director12023-01-012023-12-31 NI642510business:RegisteredOffice2023-01-012023-12-31 NI6425102022-12-31 NI642510core:WithinOneYear2023-12-31 NI642510core:WithinOneYear2022-12-31 NI642510core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 NI642510core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 NI642510core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 NI642510core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 NI642510core:PreviouslyStatedAmount2023-12-31 NI642510core:PreviouslyStatedAmount2022-12-31 NI642510business:SmallEntities2023-01-012023-12-31 NI642510countries:NorthernIreland2023-01-012023-12-31 NI642510core:PlantMachinery2023-01-012023-12-31 NI642510core:FurnitureFittings2023-01-012023-12-31 NI642510core:PlantMachinery2022-12-31 NI642510core:FurnitureFittings2022-12-31 NI642510core:PlantMachinery2023-12-31 NI642510core:FurnitureFittings2023-12-31 NI6425102022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. NI642510 (Northern Ireland)
Damian Martin Electrical Limited Unaudited accounts for the year ended 31 December 2023
Damian Martin Electrical Limited Unaudited accounts Contents
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Damian Martin Electrical Limited Company Information for the year ended 31 December 2023
Director
Mr Damian Martin
Company Number
NI642510 (Northern Ireland)
Registered Office
207 Crom Road Newtownbutler Enniskillen Co Fermanagh BT92 8BA Northern Ireland
Accountants
EMC Accountancy 21 Railway Street Belcoo Fermanagh BT93 5FJ
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Damian Martin Electrical Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,201 
11,332 
Current assets
Inventories
20,000 
- 
Debtors
7,753 
9,864 
Cash at bank and in hand
131,728 
149,305 
159,481 
159,169 
Creditors: amounts falling due within one year
(38,116)
(50,242)
Net current assets
121,365 
108,927 
Net assets
135,566 
120,259 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
135,565 
120,258 
Shareholders' funds
135,566 
120,259 
For the year ending 31 December 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 19 August 2024 and were signed on its behalf by
Mr Damian Martin Director Company Registration No. NI642510
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Damian Martin Electrical Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Damian Martin Electrical Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI642510. The registered office is 207 Crom Road, Newtownbutler, Enniskillen, Co Fermanagh, BT92 8BA, Northern Ireland.
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
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
15,500 
1,750 
17,250 
Additions
6,400 
- 
6,400 
At 31 December 2023
21,900 
1,750 
23,650 
Depreciation
At 1 January 2023
4,828 
1,090 
5,918 
Charge for the year
3,414 
117 
3,531 
At 31 December 2023
8,242 
1,207 
9,449 
Net book value
At 31 December 2023
13,658 
543 
14,201 
At 31 December 2022
10,672 
660 
11,332 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,753 
9,864 
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Damian Martin Electrical Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,614 
737 
Trade creditors
19,859 
38,697 
Taxes and social security
3,977 
- 
Loans from directors
9,666 
8,808 
Accruals
2,000 
2,000 
38,116 
50,242 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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