Company Registration No. NI642417 (Northern Ireland)
Nutmeg Health Store Limited
Unaudited accounts
for the year ended 31 January 2025
Nutmeg Health Store Limited
Unaudited accounts
Contents
Nutmeg Health Store Limited
Company Information
for the year ended 31 January 2025
Directors
Peter Jez
Darren Magill
Company Number
NI642417 (Northern Ireland)
Registered Office
9A LOMBARD STREET
BELFAST
BT1 1RB
NORTHERN IRELAND
Accountants
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
Nutmeg Health Store Limited
Accountants' report
Accountants' report to the board of directors of Nutmeg Health Store Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Nutmeg Health Store Limited for the year ended
31 January 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Nutmeg Health Store Limited, as a body, in accordance with the terms of our engagement letter dated 1 February 2022. Our work has been undertaken solely to prepare for your approval the accounts of Nutmeg Health Store Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nutmeg Health Store Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Nutmeg Health Store Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Nutmeg Health Store Limited. You consider that Nutmeg Health Store Limited 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 accounts of Nutmeg Health Store Limited. 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 accounts.
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
1 October 2025
Nutmeg Health Store Limited
Statement of financial position
as at 31 January 2025
Tangible assets
44,514
54,886
Cash at bank and in hand
(1,995)
2,415
Creditors: amounts falling due within one year
(110,009)
(164,017)
Net current liabilities
(70,433)
(87,934)
Total assets less current liabilities
(26,414)
(33,048)
Creditors: amounts falling due after more than one year
(108,575)
(33,333)
Net liabilities
(134,989)
(66,381)
Called up share capital
100
100
Profit and loss account
(135,089)
(66,481)
Shareholders' funds
(134,989)
(66,381)
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2025 and were signed on its behalf by
Peter Jez
Director
Company Registration No. NI642417
Nutmeg Health Store Limited
Notes to the Accounts
for the year ended 31 January 2025
Nutmeg Health Store Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI642417. The registered office is 9A LOMBARD STREET, BELFAST, BT1 1RB, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% SL
Computer equipment
20% SL
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill - 15% straight line
Leasehold improvements - 10% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Nutmeg Health Store Limited
Notes to the Accounts
for the year ended 31 January 2025
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Intangible fixed assets
Goodwill
Nutmeg Health Store Limited
Notes to the Accounts
for the year ended 31 January 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2024
24,738
2,713
46,705
2,623
76,779
Additions
-
192
2,100
333
2,625
At 31 January 2025
24,738
2,905
48,805
2,956
79,404
At 1 February 2024
6,185
2,034
11,676
1,998
21,893
Charge for the year
-
699
11,764
534
12,997
At 31 January 2025
6,185
2,733
23,440
2,532
34,890
At 31 January 2025
18,553
172
25,365
424
44,514
At 31 January 2024
18,553
679
35,029
625
54,886
Amounts falling due within one year
Trade debtors
(9,120)
(7,200)
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
29,169
Trade creditors
73,773
18,500
Amounts owed to group undertakings and other participating interests
-
75,242
Loans from directors
37,070
41,106
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 9 (2024: 9).