Company registration number:
NI047457
Electro Machine Solutions Ltd
Unaudited filleted abridged financial statements
31 August 2025
Electro Machine Solutions Ltd
Contents
Directors and other information
Accountants report
Abridged statement of financial position
Notes to the financial statements
Electro Machine Solutions Ltd
Directors and other information
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Directors |
A Maybin |
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C Maybin |
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Secretary |
C Maybin |
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Company number |
NI047457 |
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Registered office |
7 Lisnachrin Road |
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Garvagh |
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BT51 5PE |
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Accountants |
ASM (D) Ltd |
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79 Cunninghams Lane |
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Dungannon |
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Co Tyrone |
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BT71 6BX |
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Electro Machine Solutions Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Electro Machine Solutions Ltd
Year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Electro Machine Solutions Ltd for the year ended 31 August 2025 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the board of directors of Electro Machine Solutions Ltd, as a body, in accordance with the terms of our engagement letter dated 11 September 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Electro Machine Solutions Ltd and state those matters that we have agreed to state to the board of directors of Electro Machine Solutions Ltd as a body, in this report in accordance with the requirements of Chartered Accountants Ireland, as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Electro Machine Solutions Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Electro Machine Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Electro Machine Solutions Ltd. You consider that Electro Machine Solutions Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Electro Machine Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
ASM (D) Ltd
Chartered Accountants
79 Cunninghams Lane
Dungannon
Co Tyrone
BT71 6BX
28 August 2026
Electro Machine Solutions Ltd
Abridged statement of financial position
31 August 2025
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2025 |
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2024 |
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Note |
£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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5 |
291,734 |
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272,929 |
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_______ |
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_______ |
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291,734 |
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272,929 |
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Current assets |
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Stocks |
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50,000 |
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4,800 |
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Debtors |
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10,551 |
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46,218 |
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Cash at bank and in hand |
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1,104,914 |
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983,430 |
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_______ |
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_______ |
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1,165,465 |
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1,034,448 |
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Creditors: amounts falling due |
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within one year |
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(
105,300) |
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(
65,116) |
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_______ |
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Net current assets |
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1,060,165 |
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969,332 |
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Total assets less current liabilities |
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1,351,899 |
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1,242,261 |
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Creditors: amounts falling due |
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after more than one year |
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(
316) |
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395) |
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Provisions for liabilities |
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(
68,758) |
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(
64,057) |
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_______ |
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Net assets |
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1,282,825 |
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1,177,809 |
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Capital and reserves |
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Called up share capital |
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100 |
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100 |
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Profit and loss account |
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1,282,725 |
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1,177,709 |
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Shareholders funds |
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1,282,825 |
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1,177,809 |
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_______ |
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For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 31 August 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the
board of directors
and authorised for issue on
28 August 2026
, and are signed on behalf of the board by:
A Maybin
Director
Company registration number:
NI047457
Electro Machine Solutions Ltd
Notes to the financial statements
Year ended 31 August 2025
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 7 Lisnachrin Road, Garvagh, BT51 5PE.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Freehold property |
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10 % |
straight line |
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Plant and machinery |
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20 % |
reducing balance |
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Office equipment |
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20 % |
reducing balance |
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Motor vehicles |
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20 % |
reducing balance |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2024:
2
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5.
Tangible assets
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£ |
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Cost |
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At 1 September 2024 |
583,804 |
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Additions |
59,889 |
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At 31 August 2025 |
643,693 |
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Depreciation |
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At 1 September 2024 |
310,874 |
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Charge for the year |
41,085 |
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At 31 August 2025 |
351,959 |
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Carrying amount |
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At 31 August 2025 |
291,734 |
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At 31 August 2024 |
272,930
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