| Registered Number:NI039747 |
For the year ended 31 March 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 31 March 2025
Drumeen Construction Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Drumeen Construction Ltd
Statement of Financial Position
2024
2025
743,864
60,989
2
| Trade and other receivables |
1,225,761
549,502
3
14,065
| Cash and cash equivalents |
476,008
1,086,499
1,983,690
| Trade and other payables: amounts falling due within one |
| year |
(1,092,069)
(1,021,900)
4
891,621
64,599
Net current assets
| Total assets less current liabilities |
64,599
891,621
| Trade and other payables: amounts falling due after more |
| than one year |
(613,262)
(303,084)
5
(238,485)
Net assets/liabilities
278,359
200
200
(238,685)
278,159
(238,485)
278,359
Shareholders' funds
| For the year ended 31 March 2025 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 March 2025 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. |
| Mr Mervyn Wright Director |
| Mr Nicholas Brown Director |
| These financial statements were approved and authorised for issue by the Board on 22 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Drumeen Construction Ltd
Notes to the Financial Statements
Statutory Information
| Drumeen Construction Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
| number NI039747. |
90A The Promenade
Portstewart
BT55 7AE
| 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. |
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. |
2024
2025
60,989
743,864
| 3. Trade and other receivables |
2024
2025
549,502
1,225,761
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For the year ended 31 March 2025
Drumeen Construction Ltd
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
10,000
10,000
138,545
121,017
873,355
961,052
1,021,900
1,092,069
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
3,084
13,262
300,000
600,000
303,084
613,262
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 3)
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