MADE 4 VITAMINS LTD

Company Registration Number:
SC687661 (Scotland)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

MADE 4 VITAMINS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

MADE 4 VITAMINS LTD

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 287,752 319,724
Total fixed assets: 287,752 319,724
Current assets
Stocks: 189,284 189,284
Debtors:   1,273 33,696
Cash at bank and in hand: 0 0
Total current assets: 190,557 222,980
Creditors: amounts falling due within one year: 4 (1,793,449) (1,514,000)
Net current assets (liabilities): (1,602,892) (1,291,020)
Total assets less current liabilities: (1,315,140) (971,296)
Total net assets (liabilities): (1,315,140) (971,296)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (1,315,141) (971,297)
Shareholders funds: (1,315,140) (971,296)

The notes form part of these financial statements

MADE 4 VITAMINS LTD

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 29 July 2024
and signed on behalf of the board by:

Name: Asim Sarwar
Status: Director

The notes form part of these financial statements

MADE 4 VITAMINS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:Leasehold improvements 10% Reducing balancePlant and equipment 10% Reducing balanceFixtures and fittings 10% Reducing balanceThe gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

MADE 4 VITAMINS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

MADE 4 VITAMINS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 363,580
At 31 July 2023 363,580
Depreciation
At 01 August 2022 43,856
Charge for year 31,972
At 31 July 2023 75,828
Net book value
At 31 July 2023 287,752
At 31 July 2022 319,724

MADE 4 VITAMINS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due within one year note

Creditors: amounts falling due within one year 2023 2022 £ £Trade creditors 7,638 74,463Amounts owed to group undertakings 1,779,416 1,418,941Other creditors 6,395 20,596 1,793,449 1,514,000