ACCOUNTS - Final Accounts

Registered number: 05408996

BY NATURE LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 March 2025

BY NATURE LTD

Registered number: 05408996

STATEMENT OF FINANCIAL POSITION

As at 31 March 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		693		944
			693		944
Current assets
Stocks		2,896		3,415
Debtors: amounts falling due within one year	5	30		547
Cash at bank and in hand	6	693		1,386
		3,619		5,348
Creditors: amounts falling due within one year	7	(4,217)		(4,375)
Net current (liabilities)/assets			(598)		973
Total assets less current liabilities			95		1,917

Net assets			95		1,917

Capital and reserves
Called up share capital	8	100	100
Profit and loss account	9	(5)	1,817
		95	1,917

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BY NATURE LTD

Registered number: 05408996

STATEMENT OF FINANCIAL POSITION (CONTINUED)

As at 31 March 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 December 2025.

Annabelle Randles

Director

The notes on pages 4 to 9 form part of these financial statements.

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BY NATURE LTD

STATEMENT OF CHANGES IN EQUITY

For the year ended 31 March 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 April 2023	100	1,501	1,601
Comprehensive income for the year
Profit for the year	-	316	316
Total comprehensive income for the year	-	316	316
Total transactions with owners	-	-	-

At 1 April 2024	100	1,817	1,917
Comprehensive income for the year
Loss for the year	-	(1,822)	(1,822)
Total comprehensive income for the year	-	(1,822)	(1,822)
Total transactions with owners	-	-	-
At 31 March 2025	100	(5)	95

The notes on pages 4 to 9 form part of these financial statements.

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BY NATURE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2025

1.Accounting policies

1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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BY NATURE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2025

1.Accounting policies (continued)

1.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

1.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

1.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

1.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

1.8

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

1.9

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

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BY NATURE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2025

1.Accounting policies (continued)

1.10

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.	Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Prepayments & Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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BY NATURE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2025

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 April 2024	2,154
	Additions	115
	At 31 March 2025	2,269
	Depreciation
	At 1 April 2024	1,209
	Charge for the year on owned assets	367
	At 31 March 2025	1,576
	Net book value
	At 31 March 2025	693
	At 31 March 2024	944

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BY NATURE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2025

Debtors

					2025	2024
					£	£


Trade debtors	-	543
Other debtors	30	4
	30	547

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	693	1,386
	693	1,386

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	-	2,283
Other creditors	3,067	942
Accruals and deferred income	1,150	1,150
	4,217	4,375

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

Reserves

Profit & loss account

The profit and loss reserve is fully distributable.

Page 8

BY NATURE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2025

10.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,000 (2024 - £1,200). There were no contributions payable to the fund at the reporting date.

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