1 December 2022 false No description of principal activity Taxfiler 2023.14 NI627691business:PrivateLimitedCompanyLtd2022-12-012023-11-30 NI6276912022-11-30 NI6276912022-12-012023-11-30 NI627691business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 NI627691business:FilletedAccounts2022-12-012023-11-30 NI6276912023-11-30 NI6276912022-11-30 NI627691core:WithinOneYear2023-11-30 NI627691core:WithinOneYear2022-11-30 NI627691core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 NI627691core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 NI627691core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 NI627691core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 NI627691core:PreviouslyStatedAmount2023-11-30 NI627691core:PreviouslyStatedAmount2022-11-30 NI627691business:SmallEntities2022-12-012023-11-30 NI627691business:Director22022-12-012023-11-30 NI627691countries:NorthernIreland2022-12-012023-11-30 NI627691business:RegisteredOffice2022-12-012023-11-30 NI627691core:FurnitureFittings2022-12-012023-11-30 NI627691core:ComputerEquipment2022-12-012023-11-30 NI627691core:FurnitureFittings2022-11-30 NI627691core:ComputerEquipment2022-11-30 NI627691core:FurnitureFittings2023-11-30 NI627691core:ComputerEquipment2023-11-30 NI627691core:AcceleratedTaxDepreciationDeferredTax2023-11-30 NI627691core:AcceleratedTaxDepreciationDeferredTax2022-11-30 NI627691core:OtherDeferredTax2023-11-30 NI627691core:OtherDeferredTax2022-11-30 NI6276912021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. NI627691 (Northern Ireland)
Prime Providers Ltd Unaudited accounts for the year ended 30 November 2023
Prime Providers Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,812 
5,882 
Investment property
368,179 
- 
375,991 
5,882 
Current assets
Inventories
121,722 
153,777 
Debtors
54,398 
17,439 
Cash at bank and in hand
150,611 
433,634 
326,731 
604,850 
Creditors: amounts falling due within one year
(122,196)
(135,448)
Net current assets
204,535 
469,402 
Net assets
580,526 
475,284 
Capital and reserves
Called up share capital
1,001 
1,001 
Profit and loss account
579,525 
474,283 
Shareholders' funds
580,526 
475,284 
For the year ending 30 November 2023 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 26 February 2024 and were signed on its behalf by
Jonathan Johanson Director Company Registration No. NI627691
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Prime Providers Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Prime Providers Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI627691. The registered office is A2 Newtownards Road, Belfast, BT4 1HE, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% Straight line
Computer equipment
25% Straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
3,202 
4,325 
7,527 
Additions
2,718 
816 
3,534 
At 30 November 2023
5,920 
5,141 
11,061 
Depreciation
At 1 December 2022
86 
1,559 
1,645 
Charge for the year
695 
909 
1,604 
At 30 November 2023
781 
2,468 
3,249 
Net book value
At 30 November 2023
5,139 
2,673 
7,812 
At 30 November 2022
3,116 
2,766 
5,882 
5
Investment property
2023 
£ 
Additions
368,179 
At 30 November 2023
368,179 
- 3 -
Prime Providers Ltd Notes to the Accounts for the year ended 30 November 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,722 
16,709 
Deferred tax asset
232 
Other debtors
32,444 
730 
54,398 
17,439 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
46,090 
44,149 
Trade creditors
8,415 
21,622 
Taxes and social security
59,213 
56,337 
Other creditors
8,478 
5,264 
Loans from directors
- 
8,076 
122,196 
135,448 
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
1,952 
- 
Other deferred taxation
(2,184)
- 
(232)
- 
2023 
2022 
£ 
£ 
Credited to the profit and loss account
(232)
- 
Provision at end of year
(232)
- 
9
Loans to directors
Rebekah Johanson and Jonathan Johanson are directors of the company. As at 30 November 2023, the directors owed the company £31,601. There are no formal repayment terms and no interest is chargeable.
10
Average number of employees
During the year the average number of employees was 5 (2022: 4).
- 4 -