PROTAMINO NUTRITION LTD


Directors	AUSTIN, Jarlath
	MCCRUDDEN, Lisa


Registered Address	3 Corriewood Industrial Estate
	Station Road
	Castlewellan
	BT31 9NF


Registered Number	NI638278 (Northern Ireland)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		61,562		74,644
			61,562		74,644
Current assets
Stocks	4	429,292		407,946
Debtors		1,503,222		1,646,237
Cash at bank and on hand		103,692		101,859
		2,036,206		2,156,042
Creditors amounts falling due within one year	5	(1,293,908)		(1,461,282)
Net current assets (liabilities)			742,298		694,760
Total assets less current liabilities			803,860		769,404
Creditors amounts falling due after one year	6		(20,437)		(69,733)
Net assets			783,423		699,671
Capital and reserves
Called up share capital			100		100
Profit and loss account			783,323		699,571
Shareholders' funds			783,423		699,671

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 December 2025, and are signed on its behalf by:

AUSTIN, Jarlath
Director

MCCRUDDEN, Lisa
Director

Registered Company No. NI638278

PROTAMINO NUTRITION LTD

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	20
	Fixtures and fittings	20

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	13		12

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Total
	£	£	£
Cost or valuation
At 01 June 24	67,727	56,245	123,972
Additions	2,030	-	2,030
At 31 May 25	69,757	56,245	126,002
Depreciation and impairment
At 01 June 24	28,275	21,053	49,328
Charge for year	8,074	7,038	15,112
At 31 May 25	36,349	28,091	64,440
Net book value
At 31 May 25	33,408	28,154	61,562
At 31 May 24	39,452	35,192	74,644

4.	Stocks

	2025	2024
	£	£
Finished goods	429,292	407,946
Total	429,292	407,946

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	409,215	584,858
Bank borrowings and overdrafts	620,341	594,228
Amounts owed to related parties	97,799	108,986
Taxation and social security	55,049	44,391
Other creditors	104,503	121,819
Accrued liabilities and deferred income	7,001	7,000
Total	1,293,908	1,461,282


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	9,999	53,332
Other creditors	10,438	16,401
Total	20,437	69,733

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	10,438		16,401