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Registered number:
FOR THE PERIOD ENDED 31 JULY 2025
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MUSCLE FOODS LIMITED
COMPANY INFORMATION
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MUSCLE FOODS LIMITED
CONTENTS
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MUSCLE FOODS LIMITED
STRATEGIC REPORT
FOR THE PERIOD ENDED 31 JULY 2025
The directors present their strategic report for the period ended 31 July 2025 for Muscle Foods Limited ("the Company").
The Company has continued to face challenging trading conditions in recent years. A combination of external factors, including the global pandemic, the conflict in Ukraine and sustained domestic inflation, resulted in supply chain disruption and increased cost pressures.
Turnover for the period decreased by 25% from the prior year, reflecting the prior strategic intention to maintain a break-even position rather than pursue revenue growth. Gross margin remained constant at 17%, with increases in material costs not fully passed on to customers. Profit before tax for the year was £1,175,535, primarily attributable to the write-off of a historic creditor balance. At the end of the financial period the immediate group, of which the Company is a member, was separated from its previous group and acquired by new ownership with relevant sector experience. Subsequent to the year end, a restructuring review was undertaken to stabilise operations and address legacy inefficiencies. Early indicators show improved performance following the implementation of these measures. The new owners have introduced a revised strategic plan intended to return the business to a sustainable growth trajectory.
The principal risks and uncertainties facing the Company continue to include market competition, supply chain volatility and developments in technology. Management monitors these risks on an ongoing basis and has implemented appropriate controls to mitigate their potential impact.
Market competition remains a key risk, with competitor activity continually assessed to ensure the Company maintains an appropriate market position. The Company continues to engage closely with customers to safeguard service levels and product quality, while marketing expenditure is monitored to ensure that investment delivers measurable returns. The supply chain environment remains exposed to fluctuations in availability, lead times and input costs. The Company works proactively with its suppliers to maintain quality standards and to reduce the risk of disruption. Product innovation continues to be an important strategic focus, and the Company collaborates with its supply chain to ensure that its customer proposition remains competitive and aligned to market expectations. Technology-related risks are managed through ongoing investment in the Company’s IT infrastructure and business systems. The Company’s platforms provide real-time visibility of trading performance, supporting accurate forecasting and informed operational decision-making. Continued development in these systems is expected to enhance both customer experience and internal efficiency. Given the broader international nature of the supply chain, global economic and geopolitical events continue to present potential risks to availability and cost of raw materials. The insight and support provided by the Company’s shareholders and new ownership structure remain valuable in identifying and managing these wider external risks.
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MUSCLE FOODS LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2025
This report was approved by the board and signed on its behalf.
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MUSCLE FOODS LIMITED
DIRECTORS' REPORT
FOR THE PERIOD ENDED 31 JULY 2025
The directors present their report and the financial statements for the period ended 31 July 2025.
The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements and other information included in Directors' reports may differ from legislation in other jurisdictions.
The profit for the period, after taxation, amounted to £902,285 (2024 - loss £6,834,752).
No dividends will be distributed for the period ended 31 July 2025 (2024 - £Nil).
The directors who served during the period were:
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MUSCLE FOODS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2025
As set out in the Strategic Report, the immediate group, of which the Company is a member, was acquired by new owners shortly before the end of the accounting period. Following the acquisition, management commenced a significant restructuring programme and implemented a revised strategic direction to stabilise and reposition the business.
The Company reported a profit before tax of £1,175,535 for the period, driven primarily by the impact of the sale and associated restructuring activities. Net liabilities decreased by £2,002,285 compared with the prior year. Trading performance subsequent to the year end has shown further improvement, with results to date consistent with the expectations of the new strategic plan. As part of the going concern assessment, management has prepared detailed cash flow forecasts for a period of at least two years (FY26 and FY27), which have been compared to actual trading performance and updated to reflect the revised strategic direction. These forecasts indicate that the Company is expected to be cash generative over the forecast period and will have adequate resources to meet its liabilities as they fall due, subject to the achievement of the projected trading results. Revenue performance to date is broadly in line with budget. While the Company continues to report operating losses, the forecasts prepared by management project a return to profitability during FY27. This is supported by a number of initiatives already underway, including diversification of revenue streams and the realisation of synergy savings across the wider group. The Directors have considered the forecasts, the availability of funding and the actions taken by management to strengthen the operational and financial position of the business. On this basis, the Directors are satisfied that the Company has sufficient financial resources to continue to trade for the foreseeable future and that the going concern basis of preparation remains appropriate. Notwithstanding this assessment, the directors recognise that there are issues which indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.
Objectives and policies
The Company's principal financial instruments comprise bank balances, trade creditors, trade debtors and hire purchase agreements. The main purpose of these instruments is to raise funds for the Company's operations and to finance the Company's operations. Price risk, credit risk, liquidity risk and cash flow risk Liquidity risk is managed by maintaining a balance between the continuity of funding and flexibility throughcareful management of the day to day cashflows. In respect of loans, these comprise loans from hire purchase financing institutions. Interest rates on loans from financial institutions are variable but repayments are fixed. The Company ensures that sufficient funds are available to meet repayments. Trade debtors are managed by policies concerning the credit offered to customers and regular monitoring of amounts outstanding. Trade creditors liquidity risk is managed by ensuring that sufficient funds are available to meet amounts falling due.
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MUSCLE FOODS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2025
The auditor, Barnes Roffe Audit Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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MUSCLE FOODS LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MUSCLE FOODS LIMITED
We have audited the financial statements of Muscle Foods Limited (the 'Company') for the period ended 31 July 2025, which comprise the Statement of comprehensive income, the Balance sheet, the Statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
We draw attention to note 2.3 in the financial statements, which indicates that the ongoing performance of the Company with restraints to cashflows is indicative of material uncertainty regarding the adoption of the going concern basis within the financial statements. As stated in note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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MUSCLE FOODS LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MUSCLE FOODS LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic report and the Directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.
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MUSCLE FOODS LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MUSCLE FOODS LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with law and regulations, was as follows:
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report.
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants
Statutory Auditor
Leytonstone House
3 Hanbury Drive
London
E11 1GA
Date:
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MUSCLE FOODS LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED 31 JULY 2025
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MUSCLE FOODS LIMITED
REGISTERED NUMBER: 09019725
BALANCE SHEET
AS AT 31 JULY 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 12 to 30 form part of these financial statements.
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MUSCLE FOODS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 JULY 2025
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
Muscle Foods Limited ("the Company") is a private company, limited by shares, registered in England and Wales. The Company's registered number, registered office and principal place of business can be found on the Company Information page.
The Company's principal activity is that of the online retail of high protein meals and goal-based meal subscriptions.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Musclefood Group Limited as at 31 July 2025 and these financial statements may be obtained from 23-25 Park Lane Business Park, Park Lane, Old Basford, Nottingham NG6 0DW.
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
2.Accounting policies (continued)
Management has prepared detailed cash flow forecasts for a period of at least two years (FY26 and FY27), which have been compared to actual trading performance and updated to reflect the revised strategic direction. These forecasts indicate that the Company is expected to be cash generative over the forecast period and will have adequate resources to meet its liabilities as they fall due, subject to the achievement of the projected trading results. Revenue performance to date is broadly in line with budget. While the Company continues to report operating losses, the forecasts prepared by management project a return to profitability during FY27. This is supported by a number of initiatives already underway, including diversification of revenue streams and the realisation of synergy savings across the wider group. The Directors have considered the forecasts, the availability of funding and the actions taken by management to strengthen the operational and financial position of the business. On this basis, the Directors are satisfied that the Company has sufficient financial resources to continue to trade for the foreseeable future and that the going concern basis of preparation remains appropriate. Notwithstanding this assessment, the directors recognise that there are issues which indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
2.Accounting policies (continued)
Functional and presentation currency
Transactions and balances
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
2.Accounting policies (continued)
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
Termination benefits are recognised as an expense when the entity is demonstrably committed, without realistic possibility of withdrawal, to a formal detailed plan to either terminate employment before the normal retirement date, or to provide termination benefits as a result of an offer made to encourage redundancy. Termination benefits for voluntary redundancies are recognised as an expense if the entity has made an offer of voluntary redundancy, it is probable that the offer will be accepted, and the number of acceptances can be estimated reliably. If benefits are payable more than 12 months after the reporting date, then they are discounted to their present value.
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
2.Accounting policies (continued)
Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.
Other intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
The estimated useful lives range as follows:
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
2.Accounting policies (continued)
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 bases:
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.
At each balance sheet 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.
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
2.Accounting policies (continued)
102 to all of its financial instruments.
Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Impairment of financial assets
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
2.Accounting policies (continued)
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. In preparing these financial statements, the directors have made the following judgments and estimates: (a) Intangible fixed assets Intangible fixed assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. The assets are amortised over their useful lives, taking into account residual values. Residual value assessments consider issues such as expected future market conditions, the remaining life of the asset and projected disposal values. Net book value of intangible fixed assets as at 31 July 2025 was £347,102 (30 June 2024 - £3,890,686). The key judgements made are whether the asset qualifies for capitalisation, its useful economic life and whether any impairment should be recognised. (b) Tangible fixed assets Tangible fixed assets are depreciated over the useful lives, taking into account residual values where appropriate. Net book value of tangible fixed assets as at 31 July 2025 was £71,432 (30 June 2024 - £126,144). The key judgement is the useful economic life of the asset and whether any impairment should berecognised. (c) Deferred tax asset A deferred tax assets is recognised in respect of taxable losses carried forward when it is probable that the Company will generate sufficient future taxable profits against which the losses can be offset. The asset is disclosed within the financial statements as being due after more than one year when it is anticipated that the Company will not generate sufficient taxable profits to offset against the losses in the 12 months following the end of the financial reporting period. The key judgement is whether there is any uncertainty over the Company's ability to generate sufficient futureprofits to utilise the taxable losses it has available and the timing of the utilisation of those losses (d) Going concern As disclosed in Note 2, going concern is considered a key judgment.
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
Page 22
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
Page 23
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
9.Taxation (continued)
The Company has taxable losses of £17,872,678 (2024 - £14,225,785) available for offset against future taxable profits.
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
Page 25
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
Page 26
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
Page 27
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
Page 28
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
Share premium account
Capital contribution reserve
Profit and loss account
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 £55,838 (2024 - £68,130). Contributions totalling £8,869 (2024 - £13,212) were payable to the fund at the balance sheet date and are included in creditors.
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MUSCLE FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
The immediate parent company is Musclefood Group Ltd, a company incorporated in England and Wales.
Following the acquisition of the Group, of which the Company is a member, the ultimate parent company is now We Are Soupa Ltd, a company incorporated in England and Wales. The most senior parent entity producing publicly available consolidated financial statements which include the Company is Musclefood Group Ltd. These financial statements are available from 23-25 Park Lane Business Park, Park Lane, Old Basford, Nottingham NG6 0DW.
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