BrightAccountsProduction v1.0.0 v1.0.0 2023-02-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is to carry on the business or businesses of construction of commercial and private property, roads and pathways, acting as contractors and sub contractors, general building work and any other associated activity or service and holding investments. 31 October 2024 1 1 NI622557 2024-01-31 NI622557 2023-01-31 NI622557 2022-01-31 NI622557 2023-02-01 2024-01-31 NI622557 2022-02-01 2023-01-31 NI622557 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 NI622557 uk-curr:PoundSterling 2023-02-01 2024-01-31 NI622557 uk-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 NI622557 uk-bus:AbridgedAccounts 2023-02-01 2024-01-31 NI622557 uk-core:ShareCapital 2024-01-31 NI622557 uk-core:ShareCapital 2023-01-31 NI622557 uk-core:RevaluationReserve 2024-01-31 NI622557 uk-core:RevaluationReserve 2023-01-31 NI622557 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 NI622557 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 NI622557 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-01-31 NI622557 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-01-31 NI622557 uk-bus:FRS102 2023-02-01 2024-01-31 NI622557 uk-core:PlantMachinery 2023-02-01 2024-01-31 NI622557 2023-02-01 2024-01-31 NI622557 uk-bus:Director1 2023-02-01 2024-01-31 NI622557 uk-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI622557
 
 
ECMR Building Company Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 January 2024
ECMR Building Company Ltd
Company Registration Number: NI622557
ABRIDGED BALANCE SHEET
as at 31 January 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 140,577 140,722
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Current Assets
Debtors 112,520 133,520
Cash and cash equivalents 153,506 61,690
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266,026 195,210
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Creditors: amounts falling due within one year (321,839) (251,430)
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Net Current Liabilities (55,813) (56,220)
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Total Assets less Current Liabilities 84,764 84,502
 
Provisions for liabilities (16,287) (16,287)
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Net Assets 68,477 68,215
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Capital and Reserves
Called up share capital 100 100
Revaluation reserve 85,000 85,000
Retained earnings (16,623) (16,885)
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Equity attributable to owners of the company 68,477 68,215
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The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 31 October 2024
           
           
           
________________________________          
Mr Frank Reynolds          
Director          
           



ECMR Building Company Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 January 2024

   
1. General Information
 
ECMR Building Company Ltd is a company limited by shares incorporated in Northern Ireland. 16 Mount Charles, Belfast, BT7 1NZ is the registered office. The nature of the company’s operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 January 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 20% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
Foreign currencies
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the year was as follows:
 
  2024 2023
  Number Number
 
Director 1 1
  ═════════ ═════════
         
4. Tangible assets
  Investment Plant and Total
  properties machinery  
       
  £ £ £
Cost
At 1 February 2023 140,000 3,510 143,510
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At 31 January 2024 140,000 3,510 143,510
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Depreciation
At 1 February 2023 - 2,788 2,788
Charge for the financial year - 145 145
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At 31 January 2024 - 2,933 2,933
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Net book value
At 31 January 2024 140,000 577 140,577
  ═════════ ═════════ ═════════
At 31 January 2023 140,000 722 140,722
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The directors have not obtained a professional valuation of investment properties as at 31 January 2023 since they believe the valuation has not changed materially since the last valuation.
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 January 2024.