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REGISTERED NUMBER: 04665437 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

NEW SEASONS NATURAL PRODUCTS LIMITED

NEW SEASONS NATURAL PRODUCTS LIMITED (REGISTERED NUMBER: 04665437)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NEW SEASONS NATURAL PRODUCTS LIMITED

Company Information
for the year ended 30 April 2024







DIRECTORS: J R Breakspear
J Jaaniste
B N G Breakspear





REGISTERED OFFICE: 9 Worton Park
Cassington
Witney
Oxfordshire
OX29 4SX





REGISTERED NUMBER: 04665437 (England and Wales)





ACCOUNTANTS: Camerons Accountancy Consultants Limited
Chartered Accountants
9 Worton Park
Cassington
Witney
Oxfordshire
OX29 4SX

NEW SEASONS NATURAL PRODUCTS LIMITED (REGISTERED NUMBER: 04665437)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 96,084 69,827

CURRENT ASSETS
Stocks 298,601 336,992
Debtors 5 959,353 1,266,238
Cash at bank 658,345 365,253
1,916,299 1,968,483
CREDITORS
Amounts falling due within one year 6 186,494 206,904
NET CURRENT ASSETS 1,729,805 1,761,579
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,825,889

1,831,406

PROVISIONS FOR LIABILITIES 24,021 10,036
NET ASSETS 1,801,868 1,821,370

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,801,768 1,821,270
SHAREHOLDERS' FUNDS 1,801,868 1,821,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





B N G Breakspear - Director


NEW SEASONS NATURAL PRODUCTS LIMITED (REGISTERED NUMBER: 04665437)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

New Seasons Natural Products Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 7 (2023 - 7 ) .

NEW SEASONS NATURAL PRODUCTS LIMITED (REGISTERED NUMBER: 04665437)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 28,121 7,113 111,151 13,898 160,283
Additions 10,637 772 39,580 - 50,989
At 30 April 2024 38,758 7,885 150,731 13,898 211,272
DEPRECIATION
At 1 May 2023 23,677 6,227 48,562 11,990 90,456
Charge for year 2,485 249 20,434 1,564 24,732
At 30 April 2024 26,162 6,476 68,996 13,554 115,188
NET BOOK VALUE
At 30 April 2024 12,596 1,409 81,735 344 96,084
At 30 April 2023 4,444 886 62,589 1,908 69,827

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 239,051 268,378
Amounts owed by group undertakings 651,638 651,638
Other debtors 68,664 346,222
959,353 1,266,238

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 91,093 136,079
Taxation and social security 40,611 49,593
Other creditors 54,790 21,232
186,494 206,904

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 30,000 30,000
Between one and five years 87,500 117,500
117,500 147,500

8. RELATED PARTY DISCLOSURES

Included in debtors due within one year, is a loan made to a related party company. The loan is interest free and repayable on demand. The amount due to the company at the end of the year was £651,638 (2023 - £651,638).

9. ULTIMATE CONTROLLING PARTY

As the majority shareholder of New Seasons Natural Products Limited, AJBJ Limited is the ultimate controlling party.