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Company Registration No. NI643111 (Northern Ireland)
Lough Erne Building and Civil Engineering Limited Unaudited accounts for the year ended 31 January 2024
Lough Erne Building and Civil Engineering Limited Unaudited accounts Contents
Page
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Lough Erne Building and Civil Engineering Limited Company Information for the year ended 31 January 2024
Directors
Mr Colin Curran Mr Darren Chapman
Company Number
NI643111 (Northern Ireland)
Registered Office
Wellington House, 30 Darling Street Enniskillen Co. Fermanagh BT74 7EW United Kingdom
Accountants
MacNeary Rasdale & Co. Ltd Wellington House 30 Darling St Enniskillen Fermanagh BT74 7EW
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Accountants' report to the Board of Directors on the unaudited financial statements of Lough Erne Building and Civil Engineering Limited for the year ended 31 January 2024
In accordance with our terms of engagement, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors as a body, for our work or for this report.
We have carried out this engagement in accordance with guidance issued by the Chartered Accountants Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet for the year ended 31 January 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
MacNeary Rasdale & Co. Ltd Chartered Accountants Wellington House 30 Darling St Enniskillen Fermanagh BT74 7EW 29 October 2024
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Lough Erne Building and Civil Engineering Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,873 
7,341 
Current assets
Debtors
59,495 
59,495 
Cash at bank and in hand
47,332 
47,332 
106,827 
106,827 
Creditors: amounts falling due within one year
(65,514)
(64,514)
Net current assets
41,313 
42,313 
Net assets
47,186 
49,654 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
47,086 
49,554 
Shareholders' funds
47,186 
49,654 
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 directors acknowledge their 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 of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by
Mr Colin Curran Director Company Registration No. NI643111
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Lough Erne Building and Civil Engineering Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Lough Erne Building and Civil Engineering Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI643111. The registered office is Wellington House,, 30 Darling Street, Enniskillen, Co. Fermanagh, BT74 7EW, 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:
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
5,000 
14,591 
19,591 
At 31 January 2024
5,000 
14,591 
19,591 
Depreciation
At 1 February 2023
2,440 
9,810 
12,250 
Charge for the year
512 
956 
1,468 
At 31 January 2024
2,952 
10,766 
13,718 
Net book value
At 31 January 2024
2,048 
3,825 
5,873 
At 31 January 2023
2,560 
4,781 
7,341 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
59,495 
59,495 
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Lough Erne Building and Civil Engineering Limited Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
17,985 
17,985 
Taxes and social security
37,139 
37,139 
Loans from directors
1,890 
1,890 
Accruals
8,500 
7,500 
65,514 
64,514 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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