Niagara Healthcare Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

Niagara Healthcare Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01563257 . The registered office is Colomendy Industrial Estate, Rhyl Road, Denbigh, Clwyd, LL16 5TS.

The presentation currency of the financial statements is the Pound Sterling (£).

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Preparation of consolidated financial statements

The financial statements contain information about Niagara Healthcare Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, NHC Holdings Limited, Unit 1 Colomendy Industrial Estate, Rhyl Road, Denbigh, Denbighshire, LL16 5TS.

2.2. Going Concern Disclosure

The company's business activities, together with the factors likely to affect its future development and position, are set out in the Business Review section of the directors report in the consolidated financial statements.

The company is expected to continue to generate positive cash flows on its own accounts for the foreseeable future. The company participates in the group's centralised treasury arrangements and so shares banking arrangements with its parent and fellow subsidiaries.

The directors, having assessed the responses of the directors of the company's parent NHC Holdings Limited to their enquiries have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the NHC Holdings Limited group to continue as a going concern or its ability to continue with the current banking arrangements.

On the basis of their assessment of the company's financial position and of the enquiries made of the directors of NHC Holdings Limited, the company directors have a reasonable expectation that the company will be able to continue in the operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been used.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% on cost
Fixtures & Fittings	at varying rates on cost

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Niagara Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees during the year was: 3 (2024: 3)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2025	113,117	10,676	123,793
Additions	-	275	275

As at 31 December 2025	113,117	10,951	124,068

Depreciation
As at 1 January 2025	113,117	10,669	123,786

As at 31 December 2025	113,117	10,669	123,786

Net Book Value
As at 31 December 2025	-	282	282

As at 1 January 2025	-	7	7

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 January 2025	638,684

As at 31 December 2025	638,684

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	638,684

As at 1 January 2025	638,684

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	21,760	13,075
Amounts owed by group undertakings	908,422	1,039,193
Other debtors	5,609	300

	935,791	1,052,568

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Niagara Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	90,972	56,122
Other creditors	10,475	9,340

	101,447	65,462

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	450,000	450,000

9. Contingent Liabilities

The company has given composite cross guarantees relating to the bank borrowing of certain subsidiary

companies. These borrowings amounted to £nil at the year end.

10. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

11. Audit Information

The auditor's report on the accounts of Niagara Healthcare Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Katie Wood FCA FCCA (Senior Statutory Auditor) for and on behalf of JWR Audit Limited , Statutory Auditor.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		282		7
Investments	5		638,684		638,684

			638,966		638,691
CURRENT ASSETS
Debtors	6	935,791		1,052,568
Cash at bank and in hand		900,787		769,307

		1,836,578		1,821,875
Creditors: Amounts Falling Due Within One Year	7	(101,447 )		(65,462 )

NET CURRENT ASSETS (LIABILITIES)			1,735,131		1,756,413

TOTAL ASSETS LESS CURRENT LIABILITIES			2,374,097		2,395,104

NET ASSETS			2,374,097		2,395,104

CAPITAL AND RESERVES
Called up share capital	8		450,000		450,000
Other reserves			14,315		14,315
Profit and Loss Account			1,909,782		1,930,789

SHAREHOLDERS' FUNDS			2,374,097		2,395,104