| REGISTERED NUMBER: |
| Nature Spirits Limited |
| Financial Statements For The Year Ended 31 May 2025 |
| REGISTERED NUMBER: |
| Nature Spirits Limited |
| Financial Statements For The Year Ended 31 May 2025 |
| Nature Spirits Limited (Registered number: SC203950) |
| Contents of the Financial Statements |
| For The Year Ended 31 May 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Chartered Accountants' Report | 8 |
| Nature Spirits Limited |
| Company Information |
| For The Year Ended 31 May 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Park House Centre |
| South Street |
| Elgin |
| IV30 1JB |
| Nature Spirits Limited (Registered number: SC203950) |
| Balance Sheet |
| 31 May 2025 |
| 31.5.25 | 31.5.24 |
| as restated |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
| PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings | 11 | 114,535 |
| SHAREHOLDERS' FUNDS |
| Nature Spirits Limited (Registered number: SC203950) |
| Balance Sheet - continued |
| 31 May 2025 |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Nature Spirits Limited (Registered number: SC203950) |
| Notes to the Financial Statements |
| For The Year Ended 31 May 2025 |
| 1. | STATUTORY INFORMATION |
| Nature Spirits Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Trademark |
| The trademark is being amortised evenly over its estimated useful life of 10 years. |
| Tangible fixed assets |
| Equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Nature Spirits Limited (Registered number: SC203950) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 May 2025 |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| At 1 June 2024 |
| Additions |
| Disposals | ( |
) |
| At 31 May 2025 |
| AMORTISATION |
| At 1 June 2024 |
| Eliminated on disposal | ( |
) |
| At 31 May 2025 |
| NET BOOK VALUE |
| At 31 May 2025 |
| At 31 May 2024 |
| The company`s intangible assets were transferred at net book value to the parent company Nature Spirits Group Ltd. |
| 5. | TANGIBLE FIXED ASSETS |
| Land and |
| buildings | Equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 June 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 May 2025 |
| DEPRECIATION |
| At 1 June 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 May 2025 |
| NET BOOK VALUE |
| At 31 May 2025 |
| At 31 May 2024 |
| Nature Spirits Limited (Registered number: SC203950) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 May 2025 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.25 | 31.5.24 |
| as restated |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.25 | 31.5.24 |
| as restated |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.5.25 | 31.5.24 |
| as restated |
| £ | £ |
| Other creditors |
| 9. | PROVISIONS FOR LIABILITIES |
| 31.5.25 | 31.5.24 |
| as restated |
| £ | £ |
| Deferred tax | 7,134 | 8,700 |
| Deferred |
| tax |
| £ |
| Balance at 1 June 2024 |
| Provided during year | ( |
) |
| Balance at 31 May 2025 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.5.25 | 31.5.24 |
| value: | as restated |
| £ | £ |
| Ordinary | £1 | 1,000 | 1,000 |
| Nature Spirits Limited (Registered number: SC203950) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 May 2025 |
| 11. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 June 2024 |
| Prior year adjustment |
| Deficit for the year | ( |
) |
| Dividends | ( |
) |
| At 31 May 2025 |
| 12. | RELATED PARTY DISCLOSURES |
| Mrs I Housby |
| is a director in the company |
| The director has given the company an interest free directors loan. There are no repayment terms. |
| 31.5.25 | 31.5.24 |
| as restated |
| £ | £ |
| Amount due to related party at the balance sheet date | 9,066 | 14,542 |
| Nature Spirits Group Ltd |
| A Company which controls Nature Spirits Ltd |
| An interest free loan is included in debtors (see note 10). There are no repayment terms. |
| 31.5.25 | 31.5.24 |
| as restated |
| £ | £ |
| Amount due from related party at the balance sheet date | 31,214 | - |
| 13. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Nature Spirits Group Limited. |
| The ultimate controlling party is |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Nature Spirits Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nature Spirits Limited for the year ended 31 May 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of Nature Spirits Limited, 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 Nature Spirits Limited and state those matters that we have agreed to state to the Board of Directors of Nature Spirits Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nature Spirits Limited and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Nature Spirits Limited 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 Nature Spirits Limited. You consider that Nature Spirits 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 financial statements of Nature Spirits 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 financial statements. |
| Park House Centre |
| South Street |
| Elgin |
| IV30 1JB |