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Unaudited Financial Statements |
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for the Period 1st January 2019 to 31st March 2020 |
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for |
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NURTURE BRANDS LIMITED |
REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Period 1st January 2019 to 31st March 2020 |
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for |
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NURTURE BRANDS LIMITED |
NURTURE BRANDS LIMITED (REGISTERED NUMBER: 09190657) |
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Contents of the Financial Statements |
FOR THE PERIOD 1ST JANUARY 2019 TO 31ST MARCH 2020 |
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Company Information | 1 |
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Abridged Statement of Financial Position | 2 |
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Notes to the Financial Statements | 4 |
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NURTURE BRANDS LIMITED |
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Company Information |
FOR THE PERIOD 1ST JANUARY 2019 TO 31ST MARCH 2020 |
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DIRECTORS: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Certified Accountants |
12-16 Station Street East |
Coventry |
West Midlands |
CV6 5FJ |
NURTURE BRANDS LIMITED (REGISTERED NUMBER: 09190657) |
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Abridged Statement of Financial Position |
31ST MARCH 2020 |
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2020 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 3 |
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Tangible assets | 4 |
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Investments | 5 |
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CURRENT ASSETS |
Stocks |
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Debtors |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 6 | 928 | 279 |
Share premium | 7 | 2,829,473 | 1,629,642 |
Retained earnings | 7 | 2,280,517 | (985,198 | ) |
SHAREHOLDERS' FUNDS |
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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. |
NURTURE BRANDS LIMITED (REGISTERED NUMBER: 09190657) |
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Abridged Statement of Financial Position - continued |
31ST MARCH 2020 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors and authorised for issue on
were signed on its behalf by: |
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NURTURE BRANDS LIMITED (REGISTERED NUMBER: 09190657) |
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Notes to the Financial Statements |
FOR THE PERIOD 1ST JANUARY 2019 TO 31ST MARCH 2020 |
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1. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Goodwill |
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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. |
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Tangible fixed assets |
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Plant and machinery | - |
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Fixtures and fittings | - |
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Computer equipment | - |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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Taxation |
Taxation for the period 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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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 statement of financial position date. |
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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. |
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2. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the period was
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NURTURE BRANDS LIMITED (REGISTERED NUMBER: 09190657) |
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Notes to the Financial Statements - continued |
FOR THE PERIOD 1ST JANUARY 2019 TO 31ST MARCH 2020 |
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3. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
Additions |
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At 31st March 2020 |
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AMORTISATION |
Amortisation for period |
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At 31st March 2020 |
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NET BOOK VALUE |
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At 31st March 2020 |
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4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1st January 2019 |
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Additions |
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Disposals | ( |
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At 31st March 2020 |
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DEPRECIATION |
At 1st January 2019 |
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Charge for period |
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Eliminated on disposal | ( |
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At 31st March 2020 |
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NET BOOK VALUE |
At 31st March 2020 |
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At 31st December 2018 |
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5. | FIXED ASSET INVESTMENTS |
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Information on investments other than loans is as follows: |
Totals |
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COST |
Additions | 1,363,238 |
At 31st March 2020 | 1,363,238 |
NET BOOK VALUE |
At 31st March 2020 | 1,363,238 |
NURTURE BRANDS LIMITED (REGISTERED NUMBER: 09190657) |
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Notes to the Financial Statements - continued |
FOR THE PERIOD 1ST JANUARY 2019 TO 31ST MARCH 2020 |
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6. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2020 | 2018 |
value: | £ | £ |
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Ordinary Class A | 20 | 928 | 20 |
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Ordinary class A | 259.1 | 4 | - | 259 |
928 | 279 |
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7. | RESERVES |
Retained | Share |
earnings | premium | Totals |
£ | £ | £ |
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At 1st January 2019 | (985,198 | ) | 1,629,642 | 644,444 |
Profit for the period |
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Cash share issue | - | 1,199,831 | 1,199,831 |
At 31st March 2020 | 2,280,517 | 2,829,473 | 5,109,990 |