Company Registration No. NI625531 (Northern Ireland)
Paediatrics NI Limited
Unaudited accounts
for the year ended 30 September 2024
Paediatrics NI Limited
Statement of financial position
as at 30 September 2024
Tangible assets
1,799
1,627
Cash at bank and in hand
112,656
82,201
Creditors: amounts falling due within one year
(10,957)
(11,211)
Net current assets
101,699
70,990
Called up share capital
10
10
Profit and loss account
103,488
72,607
Shareholders' funds
103,498
72,617
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 27 June 2025 and were signed on its behalf by
Alistair Dick
Director
Company Registration No. NI625531
Paediatrics NI Limited
Notes to the Accounts
for the year ended 30 September 2024
Paediatrics NI Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI625531. The registered office is Unit 2 Channel Wharf , 21 Old Channel Road , Belfast , BT39DE.
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:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Having considered the resources available the Director of Paediatrics NI Limited believes that the company has adequate resources available to enable it to continue to meet its ongoing obligations as they fall due for a period of at least 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover comprises the invoice value of services supplied by the company, exclusive of trade discounts and value added tax. Revenue from a contract to provide medical services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
Paediatrics NI Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
2,123
5,563
7,686
At 30 September 2024
2,123
7,120
9,243
At 1 October 2023
2,123
3,936
6,059
Charge for the year
-
1,385
1,385
At 30 September 2024
2,123
5,321
7,444
At 30 September 2024
-
1,799
1,799
At 30 September 2023
-
1,627
1,627
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,659
7,605
Other creditors
2,048
2,406
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6
6
4 Ordinary B shares of £1 each
4
4
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).