Company Registration No. NI650617 (Northern Ireland)
PMN Construction Ltd
Unaudited accounts
for the year ended 31 January 2024
PMN Construction Ltd
Unaudited accounts
Contents
PMN Construction Ltd
Company Information
for the year ended 31 January 2024
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
PMN Construction Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
68,825
33,531
Cash at bank and in hand
8,738
1,108
Creditors: amounts falling due within one year
(62,647)
(36,156)
Net current liabilities
(14,129)
(6,483)
Called up share capital
100
100
Profit and loss account
54,596
26,948
Shareholders' funds
54,696
27,048
For the year ending 31 January 2024 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 17 October 2024 and were signed on its behalf by
Peter McNulty
Director
Company Registration No. NI650617
PMN Construction Ltd
Notes to the Accounts
for the year ended 31 January 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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Tangible fixed assets
Plant & machinery
At 31 January 2024
121,095
Charge for the year
17,206
Amounts falling due within one year
Trade debtors
27,129
6,367
PMN Construction Ltd
Notes to the Accounts
for the year ended 31 January 2024
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,979
8,231
Obligations under finance leases and hire purchase contracts
23,750
2,303
Taxes and social security
28
1,107
Other creditors
9,290
9,290
Loans from directors
16,628
13,454
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Average number of employees
During the year the average number of employees was 1 (2023: 1).