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Company Registration No. 09921418 (England and Wales)
NAMASTE LIFESTYLE GROUP LIMITED Unaudited accounts for the year ended 30 June 2023
NAMASTE LIFESTYLE GROUP LIMITED Unaudited accounts Contents
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NAMASTE LIFESTYLE GROUP LIMITED Company Information for the year ended 30 June 2023
Directors
J P Ivens C M Walsh
Company Number
09921418 (England and Wales)
Registered Office
Unit 3 Atherstone Hill Atherstone on Stour Stratford Upon Avon CV37 8NF ENGLAND
Accountants
Richard Matthew Accountancy Ltd The Courtyard 30 Worthing Road Horsham West Sussex RH12 1SL
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NAMASTE LIFESTYLE GROUP LIMITED Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,826 
363 
Tangible assets
11,551 
11,618 
14,377 
11,981 
Current assets
Inventories
16,265 
15,985 
Debtors
13,520 
9,425 
Cash at bank and in hand
137 
13,198 
29,922 
38,608 
Creditors: amounts falling due within one year
(54,475)
(49,175)
Net current liabilities
(24,553)
(10,567)
Net (liabilities)/assets
(10,176)
1,414 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(10,178)
1,412 
Shareholders' funds
(10,176)
1,414 
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2024 and were signed on its behalf by
J P Ivens Director Company Registration No. 09921418
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NAMASTE LIFESTYLE GROUP LIMITED Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
NAMASTE LIFESTYLE GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09921418. The registered office is Unit 3 Atherstone Hill, Atherstone on Stour, Stratford Upon Avon, CV37 8NF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over life of tenancy
Plant & machinery
50% straight line
Fixtures & fittings
33.3% straight line
Computer equipment
50% straight line
Other tangible fixed assets
10% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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NAMASTE LIFESTYLE GROUP LIMITED Notes to the Accounts for the year ended 30 June 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2022
1,329 
Additions
2,750 
Disposals
(522)
At 30 June 2023
3,557 
Amortisation
At 1 July 2022
966 
On disposals
(522)
Charge for the year
287 
At 30 June 2023
731 
Net book value
At 30 June 2023
2,826 
At 30 June 2022
363 
Intangible assets comprising trademarks are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Amortisation is provided at a rate of 10% per annum on a straight line basis.
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
6,193 
13,480 
19,673 
Additions
240 
4,983 
5,223 
At 30 June 2023
6,433 
18,463 
24,896 
Depreciation
At 1 July 2022
5,675 
2,380 
8,055 
Charge for the year
578 
4,712 
5,290 
At 30 June 2023
6,253 
7,092 
13,345 
Net book value
At 30 June 2023
180 
11,371 
11,551 
At 30 June 2022
518 
11,100 
11,618 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,990 
5,500 
Accrued income and prepayments
730 
1,125 
10,720 
6,625 
Amounts falling due after more than one year
Other debtors
2,800 
2,800 
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NAMASTE LIFESTYLE GROUP LIMITED Notes to the Accounts for the year ended 30 June 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
3,227 
102 
Loans from directors
50,628 
48,381 
Accruals
620 
692 
54,475 
49,175 
8
Operating lease commitments
2023 
2022 
£ 
£ 
At 30 June 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
31,884 
49,627 
9
Transactions with related parties
The amounts due to key management personnel are repayable on demand and interest free.
10
Average number of employees
During the year the average number of employees was 0 (2022: 1).
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