The following reproduces text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited financial statements set out on pages 2 to 10 have been extracted.

"In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nutriburst Ltd for the year ended 31 March 2025 set out on pages 3 to 11 from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Nutriburst Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nutriburst Ltd and state those matters that we have agreed to state to the Board of Directors of Nutriburst Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Nutriburst Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Nutriburst Ltd. You consider that Nutriburst Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nutriburst Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The directors of the company have taken advantage under section 444 of the Companies Act 2006 to not deliver a copy of the directors' report within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

Nutriburst Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Suite 1, 7th Floor, 50 Broadway, London, SW1H 0BL.

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

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

The financial statements are prepared on the going concern basis as Triumph Holding KFT, the parent company has agreed to provide financial support to the company in order that it can continue to trade and meet its liabilities as they fall due. This support will continue for a period of at least 12 months from the date of approval of these financial statements.

Turnover represents amounts receivable for sale of multivitamin supplements net of VAT and trade discounts.

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation 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:

Stocks are valued at the lower of cost and net realisable value. Where necessary, provision is made for obsolete, slow moving and defective stocks.

Stock in transit is recognised as part of inventories when the entity has obtained control over the goods and the risks and rewards of ownership have been transferred from the supplier. The determination of control is based on the terms of the purchase agreement, including other shipping arrangements.

Stock in transit is measured at cost, which includes the purchase price, shipping, and handling charges incurred up to the balance sheet date. These costs are capitalised as inventory until the goods are received and ready for sale.

Stock in transit is classified under current assets within inventories on the balance sheet. It is included in the physical stock balance as of the reporting date, and upon subsequent receipt of the goods, is transferred to the appropriate inventory category finished goods in the following accounting period.

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors, trade and other creditors, amounts due to parent undertaking and other long-term loans.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle the liability simultaneously.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including trade and other creditors, amounts due to parent undertaking, bank facility loan and other long-term loans 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year.

The tax represents the sum of the deferred tax movements during the period.

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.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

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.

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

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.

The average monthly number of persons (including directors) employed by the company during the year was:

The company has tax losses of £930,092 (2024 : £685,333).

The deferred tax asset of £232,523 (2024 : £171,333) has not been recognised on the grounds that the recoverability of the asset is relatively uncertain based on the management expectations that it will take some time for the tax losses to be relieved.

As of the balance sheet date, the company holds stock of £88,849 (2024 : 434,579) which is in transit. Stock in transit is recognised at cost and represents goods that have been shipped by the supplier on FOB terms but not yet received by the company as of the balance sheet date. This stock in transit is included within inventory of £643,180 (2024 : £876,420) on the balance sheet. All stock in transit are subsequently received by end of 11 April 2025.

Upon subsequent receipt of the goods, the stock is transferred from stock in transit to physical inventory. This is reflected in the period in which the goods physically arrive and control is fully established.

Other debtors include the advance payment to the suppliers of £137,615 (2024 : £56,692).

Bank loan is a facility agreement with the bank. Bank facility agreement is secured by a fixed charge and Mr Neeraj Kanwar, person with significant control of the company has given a personal guarantee to secure the bank facility agreement.

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

The only movement in reserves for the year ended 31 March 2025 is loss for the year and 31 March 2024 was profit for the year.

At the balance sheet date, the loan amount of Nil (2024 : £40,000) payable to the director, Ms Iman Lamise Saleem Ghalia who resigned from the director on 14 October 2024. During the year company has repaid the £40,000 (2024 : £10,000) loan which was received £100,000 in total on 03 November 2020. The loan was unsecured and interest free.

Amount due to group undertakings is convertible loan (convertible into equity) of £200,000 (2024 - £200,000) from the parent company, Triumph Holding KFT. and the loan is unsecured and interest free.

The company's ultimate parent undertaking at the balance sheet date was Triumph Holding KFT., a company registered in Hungary.