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Company Registration No. NI627691 (Northern Ireland)
Prime Providers Ltd Unaudited accounts for the year ended 30 November 2024
Prime Providers Ltd Unaudited accounts Contents
Page
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Prime Providers Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,099 
7,812 
Investment property
368,179 
368,179 
374,278 
375,991 
Current assets
Inventories
173,462 
121,722 
Debtors
62,098 
54,398 
Cash at bank and in hand
151,035 
150,611 
386,595 
326,731 
Creditors: amounts falling due within one year
(172,967)
(122,196)
Net current assets
213,628 
204,535 
Net assets
587,906 
580,526 
Capital and reserves
Called up share capital
1,001 
1,001 
Profit and loss account
586,905 
579,525 
Shareholders' funds
587,906 
580,526 
For the year ending 30 November 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 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 17 July 2025 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 2024
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 2023
5,920 
5,141 
11,061 
Additions
643 
- 
643 
At 30 November 2024
6,563 
5,141 
11,704 
Depreciation
At 1 December 2023
781 
2,468 
3,249 
Charge for the year
1,244 
1,112 
2,356 
At 30 November 2024
2,025 
3,580 
5,605 
Net book value
At 30 November 2024
4,538 
1,561 
6,099 
At 30 November 2023
5,139 
2,673 
7,812 
5
Investment property
2024 
£ 
Fair value at 1 December 2023
368,179 
At 30 November 2024
368,179 
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Prime Providers Ltd Notes to the Accounts for the year ended 30 November 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
23,960 
21,722 
Deferred tax asset
232 
232 
Accrued income and prepayments
2,676 
- 
Other debtors
35,230 
32,444 
62,098 
54,398 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
46,357 
46,090 
Trade creditors
76,410 
8,415 
Taxes and social security
37,294 
59,213 
Other creditors
12,594 
8,478 
Loans from directors
312 
- 
172,967 
122,196 
8
Loans to directors
Rebekah Johanson and Jonathan Johanson are directors of the company. As at 30 November 2024, the company owed the directors £312. There are no formal repayment terms and no interest is chargeable.
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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