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REGISTERED NUMBER: 08235481 (England and Wales)















AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NATURA BISSE INTERNATIONAL LIMITED

NATURA BISSE INTERNATIONAL LIMITED (REGISTERED NUMBER: 08235481)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NATURA BISSE INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J B Albanell-Torres
J M Borrell Gallardo
M V Fisas Verges





REGISTERED OFFICE: 55 Loudoun Road
St. John's Wood
London
NW8 0DL





BUSINESS ADDRESS: 4th Floor
15 Grosvenor Gardens
London
SW1W 0BD





REGISTERED NUMBER: 08235481 (England and Wales)





AUDITORS: MGR Weston Kay LLP
Statutory Auditors
55 Loudoun Road
St John's Wood
London
NW8 0DL

NATURA BISSE INTERNATIONAL LIMITED (REGISTERED NUMBER: 08235481)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Intangible assets 3 9,254 16,746
Tangible assets 4 81,779 99,714
91,033 116,460

CURRENT ASSETS
Stocks 16,292 18,585
Debtors 5 404,851 397,379
Cash at bank and in hand 163,141 357,036
584,284 773,000
CREDITORS
Amounts falling due within one year 6 (1,188,678 ) (841,320 )
NET CURRENT LIABILITIES (604,394 ) (68,320 )
TOTAL ASSETS LESS CURRENT LIABILITIES (513,361 ) 48,140

CAPITAL AND RESERVES
Called up share capital 8 3,900,000 3,900,000
Retained earnings (4,413,361 ) (3,851,860 )
SHAREHOLDERS' FUNDS (513,361 ) 48,140

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 25 April 2025 and were signed on its behalf by:





J B Albanell-Torres - Director


NATURA BISSE INTERNATIONAL LIMITED (REGISTERED NUMBER: 08235481)

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


1. ACCOUNTING POLICIES

Accounting convention
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
During the year ended 31 December 2024, the company made a loss after tax of £561,501 (2023: £493,524), at the balance sheet date the company had net current liabilities of £604,468 (2023: £68,320) and net liabilities of £513,435 (2023: net assets £48,180).

The company continues to meet its day to day working capital requirements through loans from Natura Bisse International S.A. of £1,036,733 (2023: £654,761) which the holding company has confirmed will continue to be made available. Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis and they do not include any adjustments that would result from a withdrawal of support.

Turnover
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.

Turnover arising from the sale of cosmetic products is recognised when the significant risk and rewards of ownership of the goods have passed to the buyer (upon delivery), the amounts 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.

Turnover arising from commissions is recognised on delivery of the goods on sale of which commission is due.

Turnover arising from the sale of services in the form of spa treatments is recognised on the day the treatment takes place.

Cost of sales are recognised in the same period as the related revenue.

Intangible assets other than goodwill
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation 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:

Software 3-10 years
Website 3-6 years

NATURA BISSE INTERNATIONAL LIMITED (REGISTERED NUMBER: 08235481)

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


1. ACCOUNTING POLICIES - continued

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 - 33% on cost and 25% on cost
Fixtures and fittings - 25% on cost and 10% on cost
Computer equipment - 25% on cost

Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Taxation
The tax expense represents the sum of the tax currently payable.

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

NATURA BISSE INTERNATIONAL LIMITED (REGISTERED NUMBER: 08235481)

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


1. ACCOUNTING POLICIES - continued

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 23 ) .

NATURA BISSE INTERNATIONAL LIMITED (REGISTERED NUMBER: 08235481)

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


3. INTANGIBLE FIXED ASSETS
Computer
Website software Totals
£    £    £   
COST
At 1 January 2024 16,062 55,078 71,140
Additions - 1,283 1,283
At 31 December 2024 16,062 56,361 72,423
AMORTISATION
At 1 January 2024 6,709 47,685 54,394
Amortisation for year 5,351 3,424 8,775
At 31 December 2024 12,060 51,109 63,169
NET BOOK VALUE
At 31 December 2024 4,002 5,252 9,254
At 31 December 2023 9,353 7,393 16,746

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 45,425 209,213 254,638
Additions 4,538 39,666 44,204
Disposals (12,920 ) (92,335 ) (105,255 )
At 31 December 2024 37,043 156,544 193,587
DEPRECIATION
At 1 January 2024 8,400 146,524 154,924
Charge for year 7,408 29,894 37,302
Eliminated on disposal - (80,418 ) (80,418 )
At 31 December 2024 15,808 96,000 111,808
NET BOOK VALUE
At 31 December 2024 21,235 60,544 81,779
At 31 December 2023 37,025 62,689 99,714

NATURA BISSE INTERNATIONAL LIMITED (REGISTERED NUMBER: 08235481)

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


5. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 317,945 304,320
Amounts owed by group undertakings 17,093 12,712
Other debtors 32,812 43,346
367,850 360,378

Amounts falling due after more than one year:
Other debtors 37,001 37,001

Aggregate amounts 404,851 397,379

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 58,446 49,981
Amounts owed to participating interests 1,036,733 654,761
Taxation and social security 38,852 74,405
Other creditors 54,647 62,173
1,188,678 841,320

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 72,825 72,825
Between one and five years 88,986 161,811
161,811 234,636

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
3,900,000 Ordinary A £1 3,900,000 3,900,000

NATURA BISSE INTERNATIONAL LIMITED (REGISTERED NUMBER: 08235481)

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


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

The Report of the Auditors was unqualified.

Nigel Walfisz FCA (Senior Statutory Auditor)
for and on behalf of MGR Weston Kay LLP

10. RELATED PARTY TRANSACTIONS

During the year, purchases of goods and services of £702,392 (2023: £727,546) were made from Natura Bisse International, S.A., a related party by virtue of a controlling shareholding. At the year end, there was a balance of £747,399 (2023: £371,909) owed to Natura Bisse International, S.A. in relation to these trade transactions.

During the year, commission revenues of £146,564 (2023: £167,047) were recharged to Natura Bisse International, S.A. At the year end, there was a balance of £17,093 (2023: £12,712) owed from Natura Bisse International, S.A., in relation to these transactions.

During the year the company was charged interest of £6,482 (2023: £6,899) on the outstanding loan amounts during the year due to Natura Bisse International, S.A. At the year end an amount of £289,334 (2023: £282,852) was due to Natura Bisse International, S.A. in respect of these loaned amounts. No additional amounts were loaned or repaid during the year.

11. PARENT COMPANY

The parent is Natura Bisse International S.A., a company incorporated in Spain. The address of their registered office is Parc Tecnologic del Valles, Carrer Creu Casas i Sicart 96, Cerdanyola, Barcelona, 08290, Spain.

12. COMPANY INFORMATION

Natura Bisse International Limited is a private company limited by shares incorporated in England and Wales. The registered office is 55 Loudoun Road, St John's Wood, London, NW8 0DL. The principal place of business is 15 Grosvenor Gardens, London, SW1W 0BD.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.