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REGISTERED NUMBER: SC582687 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2021

FOR

MUNRO NUTRITION LTD

MUNRO NUTRITION LTD (REGISTERED NUMBER: SC582687)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2021




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


MUNRO NUTRITION LTD (REGISTERED NUMBER: SC582687)

ABRIDGED BALANCE SHEET
30TH NOVEMBER 2021

30/11/21 30/11/20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,840 3,341
Tangible assets 5 5,281 6,213
8,121 9,554

CURRENT ASSETS
Debtors 2,965 3,955
Prepayments and accrued income 606 1,285
Cash at bank 7,449 2,990
11,020 8,230
CREDITORS
Amounts falling due within one year 14,854 15,732
NET CURRENT LIABILITIES (3,834 ) (7,502 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,287

2,052

PROVISIONS FOR LIABILITIES - 1,181
NET ASSETS 4,287 871

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 4,277 861
4,287 871

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MUNRO NUTRITION LTD (REGISTERED NUMBER: SC582687)

ABRIDGED BALANCE SHEET - continued
30TH NOVEMBER 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th November 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 18th August 2022 and were signed by:





J Munro - Director


MUNRO NUTRITION LTD (REGISTERED NUMBER: SC582687)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2021

1. STATUTORY INFORMATION

Munro Nutrition Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC582687

Registered office: 8 Toptowie Drive
Denny
FK6 5FB

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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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

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.

MUNRO NUTRITION LTD (REGISTERED NUMBER: SC582687)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2021

2. ACCOUNTING POLICIES - continued

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 3 (2020 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st December 2020
and 30th November 2021 6,568
AMORTISATION
At 1st December 2020 3,227
Amortisation for year 501
At 30th November 2021 3,728
NET BOOK VALUE

At 30th November 2021 2,840
At 30th November 2020 3,341

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st December 2020
and 30th November 2021 10,286
DEPRECIATION
At 1st December 2020 4,073
Charge for year 932
At 30th November 2021 5,005
NET BOOK VALUE
At 30th November 2021 5,281
At 30th November 2020 6,213