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Company registration number: NI635432
LMC ELECTRICS LTD
Unaudited filleted financial statements
29 February 2024
LMC ELECTRICS LTD
Contents
Directors and other information
Statement of financial position and notes to the financial statements
LMC ELECTRICS LTD
Directors and other information
Director Mr Liam McCloskey
Company number NI635432
Registered office 5 Glengomna Lane
Draperstown
Derry
BT45 7JH
Business address 5 Glengomna Lane
Draperstown
Derry
BT45 7JH
Accountants W McGillian & Co Ltd
Unit A2
5-7 Tobermore Road
Draperstown
Derry
BT45 7AG
Bankers Bank of Ireland
Market Street
Magherafelt
Derry
BT45 6EE
LMC ELECTRICS LTD
Statement of financial position
29 February 2024
2024 2023
£ £
Fixed assets 75,712 44,500
_______ _______
Current assets 41,575 51,077
Creditors: amounts falling due within one year ( 85,723) ( 87,595)
_______ _______
Net current liabilities ( 44,148) ( 36,518)
_______ _______
Total assets less current liabilities 31,564 7,982
Accruals and deferred income ( 10,867) ( 11,572)
_______ _______
Net assets/(liabilities) 20,697 ( 3,590)
_______ _______
Capital and reserves 20,697 ( 3,590)
_______ _______
LMC ELECTRICS LTD
Year ended 29 February 2024
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2023: 9 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr Liam McCloskey ( 10,011) ( 631) 7,649 ( 2,993)
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr Liam McCloskey ( 16) ( 30,140) 20,145 ( 10,011)
_______ _______ _______ _______
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 28 November 2024 , and are signed on behalf of the board by:
Mr Liam McCloskey
Director
Company registration number: NI635432
The company is a private company limited by shares, registered in N.Ireland.