REGISTERED NUMBER: NI697751 (Northern Ireland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

FIRST GLIMPSE ULTRASOUND NI LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Mrs S Ritchie

REGISTERED OFFICE:

10 Willoughby Place

Enniskillen

Co. Fermanagh

BT74 7EX

REGISTERED NUMBER:

NI697751 (Northern Ireland)

ACCOUNTANTS:

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

BANKERS:

Danske Bank

PO Box 183

Donegall Square West

Belfast

BT1 6JS

FIXED ASSETS

Tangible assets

4

44,440

51,848

CURRENT ASSETS

Stocks

5

1,200

1,000

Cash at bank

17,511

7,562

18,711

8,562

CREDITORS

Amounts falling due within one year

6

62,385

62,836

NET CURRENT LIABILITIES

(43,674

)

(54,274

)

TOTAL ASSETS LESS CURRENT LIABILITIES

766

(2,426

)

PROVISIONS FOR LIABILITIES

7

8,444

8,444

NET LIABILITIES

(7,678

)

(10,870

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(7,679

)

(10,871

)

(7,678

)

(10,870

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 9 December 2025 and were signed by:

Mrs S Ritchie - Director

1.	STATUTORY INFORMATION

First Glimpse Ultrasound NI Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 June 2024

and 31 May 2025

56,419

2,835

59,254

DEPRECIATION

At 1 June 2024

7,052

354

7,406

Charge for year

7,053

355

7,408

At 31 May 2025

14,105

709

14,814

NET BOOK VALUE

At 31 May 2025

42,314

2,126

44,440

At 31 May 2024

49,367

2,481

51,848

5.

STOCKS

31.5.25

31.5.24

£

£

Stocks

1,200

1,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

-

1

Directors' current accounts

61,185

61,635

Accruals and deferred income

1,200

1,200

62,385

62,836

7.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

8,444

8,444

Deferred

tax

£

Balance at 1 June 2024

8,444

Balance at 31 May 2025

8,444

8.	GOING CONCERN

During the year ended 31 May 2025, the company's net liabilities exceeded their net assets by £7,678 (2024: £10,870). The company is dependant on the continuing support of its director to meet its commitments as they fall due. The director has plans in place to ensure that the company deals with the outstanding liabilities in the near future.

On the basis that the director continues to support the company, he believes that it can continue as a going concern.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2025 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

9 December 2025