Registration number:
Health & Wellbeing Brands Limited
for the Year Ended 31 March 2025
Health & Wellbeing Brands Limited
Contents
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Health & Wellbeing Brands Limited
(Registration number: 07939738)
Balance Sheet as at 31 March 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Intangible assets |
- |
- |
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Tangible assets |
- |
- |
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Investments |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
( |
( |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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100 |
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Share premium reserve |
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82,460 |
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Profit and loss account |
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(799,868) |
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Total equity |
(739,490) |
(717,308) |
For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Health & Wellbeing Brands Limited
(Registration number: 07939738)
Balance Sheet as at 31 March 2025
Approved and authorised by the
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Health & Wellbeing Brands Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
At the balance sheet date the company had net liabilities of £739,490 (2024 - £717,308). The director consider it appropriate to prepare the financial statements on the going concern basis as the company is supported by the director. The financial statements do not include any adjustments that would result from a withdrawal of this support.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant and machinery etc |
fully written off |
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Fixtures and fittings |
fully written off |
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
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Asset class |
Amortisation method and rate |
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Patents and licences |
fully written off |
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Development costs |
fully written off |
Health & Wellbeing Brands Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Intangible assets |
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Patent and licenses |
Development costs |
Total |
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Cost |
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At 1 April 2024 |
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At 31 March 2025 |
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Amortisation |
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At 1 April 2024 |
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At 31 March 2025 |
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Net book value |
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At 31 March 2025 |
- |
- |
- |
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Tangible assets |
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Fixtures and fittings |
Plant and machinery |
Office equipment |
Total |
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Cost |
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At 1 April 2024 |
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At 31 March 2025 |
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Depreciation |
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At 1 April 2024 |
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At 31 March 2025 |
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Net book value |
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At 31 March 2025 |
- |
- |
- |
- |
Health & Wellbeing Brands Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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Investments |
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2025 |
2024 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
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Cost |
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At 1 April 2024 |
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Net book value |
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At 31 March 2025 |
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At 31 March 2024 |
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Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
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Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2025 |
2024 |
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Subsidiary undertakings |
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England and Wales |
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England and Wales |
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England and Wales |
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Debtors |
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Current |
Note |
2025 |
2024 |
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Trade debtors |
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Amounts owed by related parties |
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Health & Wellbeing Brands Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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Creditors |
Creditors: amounts falling due within one year
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Note |
2025 |
2024 |
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Due within one year |
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Loans and borrowings |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Creditors: amounts falling due after more than one year
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2025 |
2024 |
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Due after one year |
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Other financial liabilities |
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The company has 464,000 preference shares in issue of £1 each, which have been classified as financial liabilities on the balance sheet.
Health & Wellbeing Brands Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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Related party transactions |
Summary of transactions with parent
(Parent company)
Summary of transactions with all entities with joint control or significant interest
(Controlled by Vit Supermarket Ltd)
There were no disclosable transactions during the year. At the balance sheet date the amount due from Health & Wellbeing Online Ltd was £295,000 (2024 - £295,000).
Summary of transactions with subsidiaries
(Subsidiary company)
There were no disclosable transactions during the year. At the balance sheet date the amount due to Manflu Ltd was £401 (2024 - £401).