| Corr Construction Limited |
| Registered Number:NI044784 |
For the year ended 31 December 2024
Northern Ireland
Unaudited Financial Statements
For the year ended 31 December 2024
Corr Construction Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Corr Construction Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
42,014
31,392
2
42,014
31,392
2,885
3,880
3
| Trade and other receivables |
675
753
4
21,623
| Cash and cash equivalents |
27,964
32,597
25,183
| Trade and other payables: amounts falling due within one |
| year |
(21,123)
(24,459)
5
4,060
8,138
Net current assets
| Total assets less current liabilities |
50,152
35,452
| Trade and other payables: amounts falling due after more |
| than one year |
-
(2,351)
6
(7,831)
(5,779)
| Provisions for liabilities |
39,970
Net assets
29,673
10,002
10,002
29,968
19,671
39,970
29,673
Shareholders' funds
| For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 26 June 2025 and were signed by: |
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For the year ended 31 December 2024
Corr Construction Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 December 2024
Corr Construction Limited
Notes to the Financial Statements
Statutory Information
| Corr Construction Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
| number NI044784. |
67 Magherarville Road
Milford
Armagh
Armagh
BT60 3PL
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 December 2024
Corr Construction Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor Vehicles
87,204
4,255
1,600
81,349
18,115
-
-
18,115
99,464
1,600
4,255
105,319
| Provision for depreciation and impairment |
55,812
3,585
1,418
50,809
Charge for year
7,493
168
27
7,298
63,305
3,753
1,445
58,107
41,357
155
502
42,014
30,540
182
670
31,392
2023
2024
3,880
2,885
| 4. Trade and other receivables |
2023
2024
753
675
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
1,050
-
| Taxation and social security |
13,484
12,602
9,925
8,521
24,459
21,123
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For the year ended 31 December 2024
Corr Construction Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
2,351
-
| 7. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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