Company Registration No. SC820950 (Scotland)
Nature Inspired Ltd
Unaudited accounts
for the period from 28 August 2024 to 31 August 2025
Nature Inspired Ltd
Unaudited accounts
Contents
Nature Inspired Ltd
Company Information
for the period from 28 August 2024 to 31 August 2025
Directors
Lee Luis Fitzpatrick
Mohammed Al-Haifi
Company Number
SC820950 (Scotland)
Registered Office
6 Gorewater Gardens
Gorebridge
Midlothian
EH23 4FU
Scotland
Nature Inspired Ltd
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
145,060
Creditors: amounts falling due within one year
(89,850)
Profit and loss account
52,194
Shareholders' funds
52,194
For the period ending 31 August 2025 the company was entitled to exemption from audit 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by
Lee Luis Fitzpatrick
Director
Company Registration No. SC820950
Nature Inspired Ltd
Notes to the Accounts
for the period from 28 August 2024 to 31 August 2025
Nature Inspired Ltd is a private company, limited by shares, registered in Scotland, registration number SC820950. The registered office is 6 Gorewater Gardens, Gorebridge, Midlothian, EH23 4FU, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared on a going concern basis. The directors consider that the company has adequate resources to continue in operational existence for the foreseeable future, and therefore have adopted the going concern basis of accounting in preparing the financial statements.
Turnover is recognised to the extent that it is probable that the economic benefit will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Where payments are received from customers in advance of the goods being provided, these payments are accounted for as deferred income and included within creditors.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Income tax expense represents the sum of the tax payable and deferred tax.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The tax expense for the year comprises current. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates.
Nature Inspired Ltd
Notes to the Accounts
for the period from 28 August 2024 to 31 August 2025
Intangible fixed assets are included at cost less accumulated amortisation. Amortisation has been provided using the straight line method at the following rates in order to write off the assets over their estimated useful lives:
- Goodwill 10%
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
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.
Short term debtors are measured at transaction price, less any impairment. Loans receivables 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.
Short term trade 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.
Nature Inspired Ltd
Notes to the Accounts
for the period from 28 August 2024 to 31 August 2025
4
Intangible fixed assets
Other
Amounts falling due within one year
Accrued income and prepayments
833
Amounts falling due after more than one year
Accrued income and prepayments
(50,463)
6
Creditors: amounts falling due within one year
2025
Taxes and social security
26,178
Loans from directors
10,641
7
Average number of employees
During the period the average number of employees was 2.