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
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
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
Lough Erne Building and Civil Engineering Limited
Statement of financial position
as at 31 January 2024
Tangible assets
5,873
7,341
Cash at bank and in hand
47,332
47,332
Creditors: amounts falling due within one year
(65,514)
(64,514)
Net current assets
41,313
42,313
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
Lough Erne Building and Civil Engineering Limited
Notes to the Accounts
for the year ended 31 January 2024
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.
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:
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
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
At 31 January 2024
2,048
3,825
5,873
At 31 January 2023
2,560
4,781
7,341
Amounts falling due within one year
Other debtors
59,495
59,495
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
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).