IRIS Accounts Production v24.3.2.46 06757473 Board of Directors Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 19.2.25 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067574732023-12-31067574732024-12-31067574732024-01-012024-12-31067574732022-12-31067574732023-01-012023-12-31067574732023-12-3106757473ns15:EnglandWales2024-01-012024-12-3106757473ns14:PoundSterling2024-01-012024-12-3106757473ns10:Director12024-01-012024-12-3106757473ns10:Director22024-01-012024-12-3106757473ns10:Director32024-01-012024-12-3106757473ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3106757473ns10:SmallEntities2024-01-012024-12-3106757473ns10:Audited2024-01-012024-12-3106757473ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3106757473ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3106757473ns10:FullAccounts2024-01-012024-12-3106757473ns10:RegisteredOffice2024-01-012024-12-3106757473ns5:CurrentFinancialInstruments2024-12-3106757473ns5:CurrentFinancialInstruments2023-12-3106757473ns5:ShareCapital2024-12-3106757473ns5:ShareCapital2023-12-3106757473ns5:RetainedEarningsAccumulatedLosses2024-12-3106757473ns5:RetainedEarningsAccumulatedLosses2023-12-3106757473ns5:PlantMachinery2024-01-012024-12-3106757473ns5:PlantMachinery2023-12-3106757473ns5:PlantMachinery2024-12-3106757473ns5:PlantMachinery2023-12-3106757473ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3106757473ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31067574731ns10:Director12023-12-31067574731ns10:Director12022-12-31067574731ns10:Director12024-01-012024-12-31067574731ns10:Director12023-01-012023-12-31067574731ns10:Director12024-12-31067574731ns10:Director12023-12-31
REGISTERED NUMBER: 06757473 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

NUTRINOVO LIMITED

NUTRINOVO LIMITED (REGISTERED NUMBER: 06757473)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NUTRINOVO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: M E W Fryer
G Devesa
C T Lopez





REGISTERED OFFICE: Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 06757473 (England and Wales)





AUDITORS: Cook & Partners Limited
Statutory Auditor
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

NUTRINOVO LIMITED (REGISTERED NUMBER: 06757473)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,137 4,880

CURRENT ASSETS
Stocks 718,342 -
Debtors 6 1,377,140 1,505,552
Investments 7 1,500,000 950,000
Cash at bank and in hand 996,895 234,103
4,592,377 2,689,655
CREDITORS
Amounts falling due within one year 8 2,294,301 1,069,447
NET CURRENT ASSETS 2,298,076 1,620,208
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,301,213

1,625,088

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,301,113 1,624,988
SHAREHOLDERS' FUNDS 2,301,213 1,625,088

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th February 2025 and were signed on its behalf by:




M E W Fryer - Director G Devesa - Director




C T Lopez - Director


NUTRINOVO LIMITED (REGISTERED NUMBER: 06757473)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Nutrinovo 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.

2. ACCOUNTING POLICIES

Accounting convention
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.

Going Concern Justification
The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date and therefore the financial statements for the year ended 31st December 2024 have been prepared using the going concern basis of accounting.

Revenue
Revenue - Described as turnover - is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.

Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services once completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to sell. The cost of stock comprises direct materials, and where applicable, direct labour costs and overheads that have been incurred in bringing the stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

NUTRINOVO LIMITED (REGISTERED NUMBER: 06757473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2023 - 13 ) .

4. AUDITORS' REMUNERATION
2024 2023
£    £   
Fees payable to the company's auditors for the audit of the company's
financial statements

9,000

-

5. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1st January 2024 20,271
Additions 1,407
At 31st December 2024 21,678
DEPRECIATION
At 1st January 2024 15,391
Charge for year 3,150
At 31st December 2024 18,541
NET BOOK VALUE
At 31st December 2024 3,137
At 31st December 2023 4,880

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,348,679 1,401,316
Other debtors 21,028 21,028
Directors' current accounts - 76,689
Prepayments 7,433 6,519
1,377,140 1,505,552

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 1,500,000 950,000

NUTRINOVO LIMITED (REGISTERED NUMBER: 06757473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,330,626 340,797
Tax 272,548 228,538
Social security and other taxes 50,146 18,340
VAT 285,211 146,727
Other creditors 2,961 6,989
Accrued expenses 352,809 328,056
2,294,301 1,069,447

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jeff Oliver (Senior Statutory Auditor)
for and on behalf of Cook & Partners Limited

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

2024 2023
£    £   
M E W Fryer
Balance outstanding at start of year 76,689 77,000
Amounts advanced - 255,689
Amounts repaid (76,689 ) (256,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 76,689

11. ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is Wardley Holdings Limited, a Company incorporated in England and Wales, whose registered office is Manufactory House, Bell Lane, Hertford, Hertfordshire, SG14 1BP. The Company's results are consolidated into the accounts of the ultimate parent company Nutrisens Expansion incorporated in France, whose registered office is 40 roue de Brignais 69630 Chaponost - France.