Registration number: 06715876

Presona UK Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Presona UK Limited

(Registration number: 06715876)
Balance Sheet as at 31 October 2024

	Note	2024 £	(As restated) 2023 £
Fixed assets
Tangible assets	4	17,283	17,393
Current assets
Stocks	5	419,058	414,079
Debtors	6	333,390	340,534
Cash at bank and in hand		493,777	431,025
		1,246,225	1,185,638
Creditors: Amounts falling due within one year	7	(1,009,694)	(955,313)
Net current assets		236,531	230,325
Total assets less current liabilities		253,814	247,718
Creditors: Amounts falling due after more than one year	7	(11,940)	(22,061)
Provisions for liabilities		(3,522)	(4,133)
Net assets		238,352	221,524
Capital and reserves
Called up share capital		100	100
Retained earnings		238,252	221,424
Shareholders' funds		238,352	221,524

Presona UK Limited

(Registration number: 06715876)
Balance Sheet as at 31 October 2024

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 October 2025
 

Mr D J Clarke Director

Presona UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Units 11 & 12 Blake Mill Business Park
Brue Avenue
Bridgwater
Somerset
TA65LT

These financial statements were authorised for issue by the director on 22 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. As at the date of signing the financial statements, the director confirms that the company is in a position to meet its liabilities for a period of 12 months and that there are no foreseeable events which may give rise to liabilities which exceeds the company’s ability to pay.

Presona UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Prior period errors

The comparative turnover has been decreased by £242,923 from the previously filed accounts in order to account for income accrued in error. Debtors for the comparative period have decreased by £242,923 which has ultimately decreased the profit reserves for the current period by the same figure of £242,923.

Following the turnover adjustment above, the corporation tax charge and tax liability for the comprative period has decreased by £56,132. We have adjusted for this year in the current periods accounts by decreasing creditors and increasing the profit reserves by £56,132.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods
and provision of services in the ordinary course of the company’s activities. Turnover is shown net of
value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	Reducing balance - 25%
Plant and machinery	Reducing balance - 15%
Office equipment	Reducing balance - 25%

Page 4

Presona UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Presona UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

A dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year was 11 (2023 - 11).

Presona UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

4	Tangible assets

	Furniture, fittings and equipment £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 November 2023	9,633	25,320	25,385	60,338
Additions	646	-	3,383	4,029
At 31 October 2024	10,279	25,320	28,768	64,367
Depreciation
At 1 November 2023	9,109	15,836	18,000	42,945
Charge for the year	265	1,422	2,452	4,139
At 31 October 2024	9,374	17,258	20,452	47,084
Carrying amount
At 31 October 2024	905	8,062	8,316	17,283
At 31 October 2023	524	9,484	7,385	17,393

5

Stocks

	2024 £	2023 £
Stocks	419,058	414,079

6

Debtors

	2024 £	(As restated) 2023 £
Trade debtors	133,842	301,533
Other debtors	94,393	32,493
Prepayments and accrued income	105,155	6,508
	333,390	340,534

Presona UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

7

Creditors

Due within one year	Note	2024 £	(As restated) 2023 £
Loans and borrowings	8	10,000	10,000
Trade creditors		288,534	121,722
Social security and other taxes		160,455	255,724
Other creditors		19,474	21,948
Accruals		531,231	545,919
		1,009,694	955,313
Due after one year
Loans and borrowings	8	11,940	22,061