REGISTERED NUMBER: 04806246 (England and Wales)

Premoden Limited

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D S Kerai

Mrs P Kerai

SECRETARY:

Mrs P Kerai

REGISTERED OFFICE:

NIMO Pharmacy

270 Herbert Avenue

Parkstone Poole

Dorset

BH12 4HY

REGISTERED NUMBER:

04806246 (England and Wales)

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

250,580

222,564

250,581

222,565

CURRENT ASSETS

Stocks

81,521

57,495

Debtors

6

274,224

220,305

Cash at bank and in hand

178,001

120,311

533,746

398,111

CREDITORS

Amounts falling due within one year

7

245,503

155,270

NET CURRENT ASSETS

288,243

242,841

TOTAL ASSETS LESS CURRENT LIABILITIES

538,824

465,406

CREDITORS

Amounts falling due after more than one year

8

(262,584

)

(250,000

)

PROVISIONS FOR LIABILITIES

(43,760

)

(26,635

)

NET ASSETS

232,480

188,771

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

232,380

188,671

SHAREHOLDERS' FUNDS

232,480

188,771

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

Mr D S Kerai - Director

1.	STATUTORY INFORMATION

Premoden 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 represents sales value of the goods sold and services provided during the year, net of Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten 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.

Short leasehold

-

Over the term of the lease.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

181,680

AMORTISATION

At 1 November 2024

and 31 October 2025

181,679

NET BOOK VALUE

At 31 October 2025

1

At 31 October 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

308,121

189,562

497,683

Additions

11,950

66,746

78,696

At 31 October 2025

320,071

256,308

576,379

DEPRECIATION

At 1 November 2024

148,720

126,399

275,119

Charge for year

20,553

30,127

50,680

At 31 October 2025

169,273

156,526

325,799

NET BOOK VALUE

At 31 October 2025

150,798

99,782

250,580

At 31 October 2024

159,401

63,163

222,564

In the opinion of the director, the valuation of land and buildings at the balance sheet represents fair value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

189,152

169,987

Other debtors

85,072

50,318

274,224

220,305

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

15,101

-

Trade creditors

196,282

125,764

Taxation and social security

12,845

3,113

Other creditors

21,275

26,393

245,503

155,270

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

12,584

-

Other creditors

250,000

250,000

262,584

250,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

In the past, Director and his wife who are the shareholders, made a loan to the company, at commercial rate of interest, to repay loan from the bank. At Balance Sheet date a total of £251,025 (2024: £253,025) is owed to them of which £250,000 (2024: £250,000) is included in the long term liability.

The Company occupies leasehold property, freehold of which is owned by the Director and his wife and paid market rent of £28,800 (2024 £28,800) during the year.

10.	ULTIMATE CONTROLLING PARTY

The Company was under control of the director Mr D Kerai by the virtue of his and family's controlling shareholding.