23 16 Northman Nutrition Ltd 09613126 false 2024-10-01 2025-09-30 2025-09-30 The principal activity of the company is the manufacture and supply of nutraceutical products. Digita Accounts Production Advanced 6.30.9574.0 true true true 09613126 2024-10-01 2025-09-30 09613126 2025-09-30 09613126 bus:OrdinaryShareClass1 2025-09-30 09613126 bus:Consolidated 2025-09-30 09613126 core:RetainedEarningsAccumulatedLosses 2025-09-30 09613126 core:ShareCapital 2025-09-30 09613126 core:CurrentFinancialInstruments 2025-09-30 09613126 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 09613126 core:Goodwill 2025-09-30 09613126 core:FurnitureFittingsToolsEquipment 2025-09-30 09613126 core:LandBuildings 2025-09-30 09613126 core:OtherPropertyPlantEquipment 2025-09-30 09613126 bus:SmallEntities 2024-10-01 2025-09-30 09613126 bus:Audited 2024-10-01 2025-09-30 09613126 bus:FilletedAccounts 2024-10-01 2025-09-30 09613126 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 09613126 bus:RegisteredOffice 2024-10-01 2025-09-30 09613126 bus:Director1 2024-10-01 2025-09-30 09613126 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 09613126 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 09613126 core:Goodwill 2024-10-01 2025-09-30 09613126 core:FurnitureFittings 2024-10-01 2025-09-30 09613126 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 09613126 core:LandBuildings 2024-10-01 2025-09-30 09613126 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 09613126 core:PlantMachinery 2024-10-01 2025-09-30 09613126 1 2024-10-01 2025-09-30 09613126 countries:EnglandWales 2024-10-01 2025-09-30 09613126 2024-09-30 09613126 core:Goodwill 2024-09-30 09613126 core:FurnitureFittingsToolsEquipment 2024-09-30 09613126 core:LandBuildings 2024-09-30 09613126 core:OtherPropertyPlantEquipment 2024-09-30 09613126 2023-10-01 2024-09-30 09613126 2024-09-30 09613126 bus:OrdinaryShareClass1 2024-09-30 09613126 core:RetainedEarningsAccumulatedLosses 2024-09-30 09613126 core:ShareCapital 2024-09-30 09613126 core:CurrentFinancialInstruments 2024-09-30 09613126 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09613126 core:FurnitureFittingsToolsEquipment 2024-09-30 09613126 core:LandBuildings 2024-09-30 09613126 core:OtherPropertyPlantEquipment 2024-09-30 xbrli:pure iso4217:GBP xbrli:shares

Northman Nutrition Ltd
Annual Report and Financial Statements
Year Ended 30 September 2025

Registration number: 09613126

Northman Nutrition Ltd

Contents

Balance Sheet | 1
Notes to the Financial Statements | 2 to 7

Northman Nutrition Ltd

Balance Sheet

30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | - | 38,476
Current assets |  |  |
Stocks | 6 | - | 99,601
Debtors | 7 | 23,544 | 352,476
Cash at bank and in hand |  | - | 38,731
|  | 23,544 | 490,808
Creditors: Amounts falling due within one year | 8 | - | (393,543)
Net current assets |  | 23,544 | 97,265
Net assets |  | 23,544 | 135,741
Capital and reserves |  |  |
Called up share capital | 9 | 100 | 100
Profit and loss account |  | 23,444 | 135,641
Shareholders' funds |  | 23,544 | 135,741

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 23 February 2026 and signed on its behalf by:

......................................... G Dunbar Director

Company Registration Number: 09613126

Northman Nutrition Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 21
Flightway Business Park
Dunkeswell
Honiton
England
EX14 4RD

These financial statements were authorised for issue by the Board on 23 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There are no material departures from FRS 102.

Basis of preparation

These financial statements have been prepared using the historical cost convention, modified to include certain items at fair value.
The functional currency is considered to be pounds sterling because that is the currency of the primary economic environment in which the company operates in.

Going concern

On 30 September 2025, Northman Nutrition's trade and assets were hived across to another group company, Rain Nutrience Ltd, incoporated in England and Wales. At 30 September 2025 the company had net current assets of £23.5k. The directors have reviewed its position, in light of the hived across activities, and are of the opinion that the group has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Revenue recognition

Revenue is recognised when the risks and rewards associated with the company's products are transferred to the customer, which is either on despatch or delivery, depending on the inco terms agreed with each customer.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Exchange differences are taken into account in arriving at the operating profit.

Northman Nutrition Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Deferred tax

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Goodwill represents the excess of the cost of acquisition of unincorporated business over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 6 years.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | 33% straight line
Furniture, fittings and equipment | 33% straight line
Plant and machinery | 33% straight line

Northman Nutrition Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
The cost of finished goods and work in progress comprises direct materials. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Financial instruments

Classification
The company holds the following financial instruments:
• Short term trade and other debtors and creditors; and
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 23 (2024 - 16).

Northman Nutrition Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 October 2024 | 59,995 | 59,995
Disposals | (59,995) | (59,995)
At 30 September 2025 | - | -
Amortisation
At 1 October 2024 | 59,995 | 59,995
Amortisation eliminated on disposals | (59,995) | (59,995)
At 30 September 2025 | - | -
Carrying amount
At 30 September 2025 | - | -

5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Plant and machinery £ | Total £
Cost or valuation
At 1 October 2024 | 10,882 | 34,883 | 170,677 | 216,442
Additions | - | 828 | - | 828
Disposals | (10,882) | (35,711) | (170,677) | (217,270)
At 30 September 2025 | - | - | - | -
Depreciation
At 1 October 2024 | 8,656 | 13,212 | 156,098 | 177,966
Charge for the year | 954 | 9,949 | 3,421 | 14,324
Eliminated on disposal | (9,610) | (23,161) | (159,519) | (192,290)
At 30 September 2025 | - | - | - | -
Carrying amount
At 30 September 2025 | - | - | - | -
At 30 September 2024 | 2,226 | 21,671 | 14,579 | 38,476

Northman Nutrition Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

6 | Stocks

| 2025 £ | 2024 £
Raw materials and consumables | - | 97,725
Finished goods and goods for resale | - | 1,876
| - | 99,601

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | - | 329,448
Amounts owed by group undertakings | 23,544 | -
Prepayments | - | 23,028
| 23,544 | 352,476

8 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | - | 98,282
Amounts owed to group undertakings | - | 199,146
Taxation and social security | - | 57,176
Accruals and deferred income | - | 15,770
Other creditors | - | 23,169
| - | 393,543

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 100 | 100 | 100 | 100

Northman Nutrition Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

10 | Parent and ultimate parent undertaking

The company's immediate and ultimate parent is Rain Nutrience Holding Limited, incorporated in England and Wales.

The parent of the group in which these financial statements are consolidated is Rain Nutrience Holding Limited, incorporated in England and Wales. These financial statements are available upon request from Companies House.

11 | Audit report

The Independent Auditors' Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report was Robert Deare, who signed for and on behalf of PKF Francis Clark on 23 February 2026.