REGISTERED NUMBER: 04580900 (England and Wales)

PREMIER PODIATRY LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

T D Prior

Secretary:

A J Prior

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

04580900 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

79,747

16,900

Investments

6

600

600

80,347

17,500

Current assets

Debtors

7

21,020

22,371

Cash at bank

23,760

79,628

44,780

101,999

Creditors

Amounts falling due within one year

8

(40,899

)

(55,945

)

Net current assets

3,881

46,054

Total assets less current liabilities

84,228

63,554

Creditors

Amounts falling due after more than one year

9

(57,439

)

(15,000

)

Provisions for liabilities

(19,937

)

(4,225

)

Net assets

6,852

44,329

Capital and reserves

Called up share capital

10

250

250

Retained earnings

11

6,602

44,079

6,852

44,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2025 and were signed by:

T D Prior - Director

1.	Statutory information

Premier Podiatry Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 20 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

15% on cost

Motor vehicles

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2024

and 31 December 2024

75,000

Amortisation

At 1 January 2024

and 31 December 2024

75,000

Net book value

At 31 December 2024

-

At 31 December 2023

-

5.	Tangible fixed assets

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 January 2024

89,884

1,126

6,666

97,676

Additions

1,836

-

78,375

80,211

At 31 December 2024

91,720

1,126

85,041

177,887

Depreciation

At 1 January 2024

76,221

847

3,708

80,776

Charge for year

5,115

49

12,200

17,364

At 31 December 2024

81,336

896

15,908

98,140

Net book value

At 31 December 2024

10,384

230

69,133

79,747

At 31 December 2023

13,663

279

2,958

16,900

6.	Fixed asset investments

Other

investments

£

Cost

At 1 January 2024

and 31 December 2024

600

Net book value

At 31 December 2024

600

At 31 December 2023

600

7.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

16,072

22,003

Other debtors

4,948

368

21,020

22,371

8.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

6,841

-

Trade creditors

4,729

5,059

Taxation and social security

10,221

34,171

Other creditors

9,108

6,715

40,899

55,945

9.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans

5,000

15,000

Hire purchase contracts

52,439

-

57,439

15,000

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

Ordinary C

£1

100

100

50

Ordinary D

£1

50

50

------------

-----------

250

250

------------

----------

11.

Reserves

Retained

earnings

£

At 1 January 2024

44,079

Profit for the year

54,843

Dividends

(92,320

)

At 31 December 2024

6,602