FIVEWAYS HEALTHCARE LIMITED


Directors	MCCARTAN, Daniel Joseph
	MCCARTAN, Gemma


Registered Address	Unit 5 Fiveways
	101 Armagh Road
	Newry
	BT34 6PW


Registered Number	NI604977 (Northern Ireland)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		118,422		118,819
Tangible assets	4		228,150		169,248
			346,572		288,067
Current assets
Stocks	5	256,079		245,262
Debtors		417,695		238,891
Cash at bank and on hand		1,020,084		824,571
		1,693,858		1,308,724
Creditors amounts falling due within one year	6	(656,648)		(468,190)
Net current assets (liabilities)			1,037,210		840,534
Total assets less current liabilities			1,383,782		1,128,601
Creditors amounts falling due after one year	7		(2,655)		(13,111)
Net assets			1,381,127		1,115,490
Capital and reserves
Called up share capital			1		1
Profit and loss account			1,381,126		1,115,489
Shareholders' funds			1,381,127		1,115,490

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 July 2026, and are signed on its behalf by:

MCCARTAN, Daniel Joseph
Director

MCCARTAN, Gemma
Director

Registered Company No. NI604977

FIVEWAYS HEALTHCARE LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on leasehold land and buildings over the term of the lease and on all tangible fixed assets as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	42		38

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 25	122,798	122,798
At 31 March 26	122,798	122,798
Amortisation and impairment
At 01 April 25	3,979	3,979
Charge for year	397	397
At 31 March 26	4,376	4,376
Net book value
At 31 March 26	118,422	118,422
At 31 March 25	118,819	118,819

4.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 25	75,995	325,510	401,505
Additions	-	100,016	100,016
Disposals	(9,770)	-	(9,770)
At 31 March 26	66,225	425,526	491,751
Depreciation and impairment
At 01 April 25	46,387	185,870	232,257
Charge for year	5,922	34,484	40,406
On disposals	(9,062)	-	(9,062)
At 31 March 26	43,247	220,354	263,601
Net book value
At 31 March 26	22,978	205,172	228,150
At 31 March 25	29,608	139,640	169,248

5.	Stocks

	2026	2025
	£	£
Other stocks	256,079	245,262
Total	256,079	245,262

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	427,031	410,951
Taxation and social security	81,142	49,264
Accrued liabilities and deferred income	148,475	7,975
Total	656,648	468,190


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	2,655	13,111
Total	2,655	13,111