| Registered number |
| Registered number: | ||||||||
| Balance Sheet | ||||||||
| as at |
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| Notes | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Fixed assets | ||||||||
| Investments | 4 | |||||||
| Current assets | ||||||||
| Debtors | 5 | - | ||||||
| Cash at bank and in hand | ||||||||
| Creditors: amounts falling due within one year | 6 | ( |
( |
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| Net current assets/(liabilities) | ( |
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| Total assets less current liabilities | ( |
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| Creditors: amounts falling due after more than one year | 7 | ( |
( |
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| Net liabilities | ( |
( |
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| Capital and reserves | ||||||||
| Called up share capital | ||||||||
| Profit and loss account | ( |
( |
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| Shareholder's funds | ( |
( |
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| The financial statements were approved by the director and authrised for issue on xxxxxx and were signed by: | ||||||||
| H Ramdin | ||||||||
| Director | ||||||||
| Approved by the board on |
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| Notes to the Accounts | ||||||||
| for the year ended |
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| 1 | Accounting policies | |||||||
| Basis of preparation | ||||||||
The financial statements have been prepared under the historical cost convention. |
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| Turnover | ||||||||
| Going concern | ||||||||
| At the time of approving the financial statements, the director has reasonable expectation that the company will be able to meet its obligations as they fall due and continue in operational existence for the foreseeable future. The director has confirmed that the company will have continued financial support from its ultimate beneficial owner, Mr A Goenka. |
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| Investments | ||||||||
| Debtors | ||||||||
| Creditors | ||||||||
| Taxation | ||||||||
| Provisions | ||||||||
| Foreign currency translation | ||||||||
| Financial instruments | ||||||||
| Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. Basic financial liabilities, including trade and other payables, bank loans, loans from fellow Group companies and prefereance shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. |
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| Critical accounting judgements and key sources of estimation uncertainty | ||||||||
| In the application of the company's accounting polocies, the director is required to make judgements, estimates and assumptions about the carrying value of the amiunt of assets and liabilities that are not readily apparent from the other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. The estimates and underlying assumptions are reviewed on an ongoing basis. |
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| 2 | Audit information | |||||||
| Senior statutory auditor: | ||||||||
| Firm: | ||||||||
| Date of audit report: | ||||||||
| 3 | Employees | 2024 | 2023 | |||||
| Number | Number | |||||||
| Average number of persons employed by the company | ||||||||
| 4 | Investments | |||||||
| Investments in | ||||||||
| subsidiary | ||||||||
| undertakings | ||||||||
| £ | ||||||||
| Cost | ||||||||
| At 1 April 2023 | ||||||||
| At 31 March 2024 | ||||||||
| 5 | Debtors | 2024 | 2023 | |||||
| £ | £ | |||||||
| Amounts owed by group undertakings and undertakings in which the company has a participating interest | - | |||||||
| Other debtors | - | |||||||
| - | ||||||||
| 6 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
| £ | £ | |||||||
| Other creditors | ||||||||
| 7 | Creditors: amounts falling due after one year | 2024 | 2023 | |||||
| £ | £ | |||||||
| Amounts owed to group undertakings and undertakings in which the company has a participating interest | ||||||||
| Other creditors | ||||||||
| 8 | Events after the reporting date | |||||||
| 9 | Capital commitments | |||||||
| The company has a capital contribution agreement in place with it's 100% subsidiary, Veria Lifestyle Capital LLC. | ||||||||
| 10 | Related party transactions | |||||||
| 11 | Controlling party | |||||||
| 12 | Contigent liabilities | |||||||
| There were no contigent liabilities at the balance sheet date. | ||||||||
| 13 | Auditors liability limitation agreement | |||||||
| The company has entered into a liability limitation agreement with Kaiser Nouman Natrhan LLP in respect of the statutory audit for the year ended 31 March 2024. The proportionate liability agreement follows the standard terms in appendix B to the Fianacial Reporting Councils' June 2008 Guidance on Auditors Liability Agreements and as approved by the members on 4 March 2025. |
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| 14 | Other information | |||||||
| Natural Wellness UK Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
| Devonshire House | ||||||||
| 582 Honeypot Lane | ||||||||
| Stanmore | ||||||||
| Middlesex | ||||||||
| HA7 1JS | ||||||||