PREMIER HEALTHCARE (NI) LTD

Company Registration Number:
NI040233 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

PREMIER HEALTHCARE (NI) LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

PREMIER HEALTHCARE (NI) LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 256,687 223,229
Investments:   0 0
Total fixed assets: 256,687 223,229
Current assets
Stocks: 227,525 108,131
Debtors: 4 165,459 138,458
Cash at bank and in hand: 352,034 401,088
Investments:   0 0
Total current assets: 745,018 647,677
Creditors: amounts falling due within one year: 5 (304,102) (242,633)
Net current assets (liabilities): 440,916 405,044
Total assets less current liabilities: 697,603 628,273
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 (2,646)
Total net assets (liabilities): 697,603 625,627
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 697,503 625,527
Shareholders funds: 697,603 625,627

The notes form part of these financial statements

PREMIER HEALTHCARE (NI) LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2025
and signed on behalf of the board by:

Name: Ronald Patrick McPartland
Status: Director

The notes form part of these financial statements

PREMIER HEALTHCARE (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows: Long leasehold property - 5% Straight line Fixtures, fittings and equipment - 20% to 50% Straight line Motor vehicles - 20% Straight line The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Valuation and information policy

Stocks Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Other accounting policies

Employee benefits The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers. Employee benefits The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers. Taxation and deferred taxation Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

PREMIER HEALTHCARE (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

PREMIER HEALTHCARE (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 371,062
Additions 57,898
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 428,960
Depreciation
At 01 January 2024 147,833
Charge for year 24,440
On disposals 0
Other adjustments 0
At 31 December 2024 172,273
Net book value
At 31 December 2024 256,687
At 31 December 2023 223,229

PREMIER HEALTHCARE (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

PREMIER HEALTHCARE (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Bank overdrafts 1,419 949 Trade creditors 72,168 66,830 Amounts owed to connected parties (Note 11) 45,222 41,982 Taxation 46,398 37,204 Accruals 138,795 95,668 Total 304,102 242,633

PREMIER HEALTHCARE (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Financial commitments

The company had no material capital commitments at the financial year-ended 31 December 2024.

PREMIER HEALTHCARE (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Related party transactions

Name of the related party: Patron Distributors Limited
Relationship:
Common shareholders & directors
Description of the Transaction: Loan to Premier Healthcare & trading balances
£
Balance at 01 January 2024 41,982
Balance at 31 December 2024 45,222
Name of the related party: Patron SVS Limited
Relationship:
Common shareholders & directors
Description of the Transaction: Loan from Premier Healthcare and trading balances
£
Balance at 01 January 2024 1,622
Balance at 31 December 2024 10,348

PREMIER HEALTHCARE (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Post balance sheet events

There have been no significant events affecting the company since the financial year-end.