Company Registration No. NI010794 (Northern Ireland)
Engineering Equipment Company (Northern Ireland) Limited
Unaudited accounts
for the year ended 31 July 2024
Engineering Equipment Company (Northern Ireland) Limited
Unaudited accounts
Contents
Engineering Equipment Company (Northern Ireland) Limited
Company Information
for the year ended 31 July 2024
Directors
B M Bonner
W J Bonner
Company Number
NI010794 (Northern Ireland)
Registered Office
Units 3 & 11
Holly Business Park
Blackstaff Way
Belfast
BT11 9DS
Northern Ireland
Engineering Equipment Company (Northern Ireland) Limited
Statement of financial position
as at 31 July 2024
Tangible assets
30,814
18,036
Investment property
107,500
107,500
Cash at bank and in hand
203,910
343,569
Creditors: amounts falling due within one year
(299,747)
(220,070)
Net current assets
467,549
549,080
Total assets less current liabilities
605,863
674,616
Provisions for liabilities
Net assets
605,053
673,444
Called up share capital
3
3
Profit and loss account
605,050
673,441
Shareholders' funds
605,053
673,444
For the year ending 31 July 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 17 October 2024 and were signed on its behalf by
B M Bonner
Director
Company Registration No. NI010794
Engineering Equipment Company (Northern Ireland) Limited
Notes to the Accounts
for the year ended 31 July 2024
Engineering Equipment Company (Northern Ireland) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI010794. The registered office is Units 3 & 11, Holly Business Park, Blackstaff Way, Belfast, BT11 9DS, Northern Ireland.
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:
Plant & machinery
12.5 - 20% straight line
Motor vehicles
20 - 25% straight line
Engineering Equipment Company (Northern Ireland) Limited
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
37,233
41,867
79,100
Disposals
(217)
(41,867)
(42,084)
At 31 July 2024
37,016
21,333
58,349
At 1 August 2023
20,048
41,016
61,064
Charge for the year
3,437
4,267
7,704
On disposals
(217)
(41,016)
(41,233)
At 31 July 2024
23,268
4,267
27,535
At 31 July 2024
13,748
17,066
30,814
At 31 July 2023
17,185
851
18,036
Fair value at 1 August 2023
107,500
Amounts falling due within one year
Trade debtors
522,527
384,818
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
168,355
112,749
Taxes and social security
2,434
2,374
Loans from directors
102,259
75,828
8
Average number of employees
During the year the average number of employees was 5 (2023: 7).