Pistache Wellness Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 14276685

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,641,711		6,673,109

			11,641,711		6,673,109
CURRENT ASSETS
Stocks	5	60,681		-
Debtors	6	180,603		280,516
Cash at bank and in hand		442,686		1,992,919

		683,970		2,273,435
Creditors: Amounts Falling Due Within One Year	7	(2,376,539 )		(573,244 )

NET CURRENT ASSETS (LIABILITIES)			(1,692,569 )		1,700,191

TOTAL ASSETS LESS CURRENT LIABILITIES			9,949,142		8,373,300

Creditors: Amounts Falling Due After More Than One Year	8		(12,799,900 )		(8,999,900 )

NET LIABILITIES			(2,850,758 )		(626,600 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(2,850,858 )		(626,700 )

SHAREHOLDERS' FUNDS			(2,850,758)		(626,600)

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Pistache Wellness Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Rami Fustok

Director

24th August 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Pistache Wellness Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14276685 . The registered office is First Floor, 314 Regents Park Road, London, N3 2LT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

As at the balance sheet date, the company has net liabilities of £2,850,758 which includes £12,799,900 due to Parent company.

The company has received an undertaking from its parent company that it will continue to support the company and will not seek repayment of the funds until such time as the company has funds available for the purpose.

Accordingly the financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the continued financial support by its parent company and procuring profitable operations in the future.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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Pistache Wellness Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	- over 50 years.
Leasehold	- over the lease term.
Plant & Machinery	- over 5 years.
Fixtures & Fittings	- over 5 years.

No depreciation was provided in the current or previous years as assets were not brought in to use.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 September 2024	6,251,184	421,925	-	6,673,109
Additions	5,038,830	202,004	235,595	5,476,429

As at 31 August 2025	11,290,014	623,929	235,595	12,149,538

Depreciation
As at 1 September 2024	-	-	-	-
Provided during the period	335,922	124,786	47,119	507,827

As at 31 August 2025	335,922	124,786	47,119	507,827

Net Book Value
As at 31 August 2025	10,954,092	499,143	188,476	11,641,711

As at 1 September 2024	6,251,184	421,925	-	6,673,109

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Pistache Wellness Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Stocks

	2025	2024
	£	£
Stock	60,681	-

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	57,531	68,603
Other debtors	50,416	211,913
VAT	72,656	-

	180,603	280,516

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	169,387	561,244
Other creditors	2,201,152	12,000
Accruals and deferred income	6,000	-

	2,376,539	573,244

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Amounts owed to group undertakings	12,799,900	8,999,900

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

Newman Assets Limited

Amount due to the related party at the year end included in creditors of £12,799,900.00 (2024-£8,999,900.00)

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Pistache Wellness Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

11. Ultimate Controlling Party

In the opinion of the directors, the immediate and ultimate parent company is Newman Assets

Limited, a company incorporated in the British Virgin Islands

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