1 February 2023 false No description of principal activity Taxfiler 2024.5 NI650617business:PrivateLimitedCompanyLtd2023-02-012024-01-31 NI6506172023-01-31 NI6506172023-02-012024-01-31 NI650617business:AuditExemptWithAccountantsReport2023-02-012024-01-31 NI650617business:FilletedAccounts2023-02-012024-01-31 NI6506172024-01-31 NI650617business:Director12023-02-012024-01-31 NI650617business:CompanySecretary12023-02-012024-01-31 NI650617business:RegisteredOffice2023-02-012024-01-31 NI6506172023-01-31 NI650617core:WithinOneYear2024-01-31 NI650617core:WithinOneYear2023-01-31 NI650617core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 NI650617core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 NI650617core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 NI650617core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 NI650617core:PreviouslyStatedAmount2024-01-31 NI650617core:PreviouslyStatedAmount2023-01-31 NI650617business:SmallEntities2023-02-012024-01-31 NI650617countries:NorthernIreland2023-02-012024-01-31 NI650617core:PlantMachinery2023-02-012024-01-31 NI650617core:PlantMachinery2023-01-31 NI650617core:PlantMachinery2024-01-31 NI6506172022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. NI650617 (Northern Ireland)
PMN Construction Ltd Unaudited accounts for the year ended 31 January 2024
PMN Construction Ltd Unaudited accounts Contents
Page
- 2 -
PMN Construction Ltd Company Information for the year ended 31 January 2024
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
- 3 -
PMN Construction Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
68,825 
33,531 
Current assets
Inventories
10,651 
19,725 
Debtors
29,129 
8,840 
Cash at bank and in hand
8,738 
1,108 
48,518 
29,673 
Creditors: amounts falling due within one year
(62,647)
(36,156)
Net current liabilities
(14,129)
(6,483)
Net assets
54,696 
27,048 
Capital and reserves
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
- 4 -
PMN Construction Ltd Notes to the Accounts for the year ended 31 January 2024
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 2023
68,595 
Additions
52,500 
At 31 January 2024
121,095 
Depreciation
At 1 February 2023
35,064 
Charge for the year
17,206 
At 31 January 2024
52,270 
Net book value
At 31 January 2024
68,825 
At 31 January 2023
33,531 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,129 
6,367 
Other debtors
2,000 
2,473 
29,129 
8,840 
- 5 -
PMN Construction Ltd Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,979 
8,231 
VAT
232 
31 
Obligations under finance leases and hire purchase contracts
23,750 
2,303 
Trade creditors
6,000 
- 
Taxes and social security
28 
1,107 
Other creditors
9,290 
9,290 
Loans from directors
16,628 
13,454 
Accruals
1,740 
1,740 
62,647 
36,156 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -