Mind Nutrition Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07152429 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Mind Nutrition Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

5,864

4,044

Current assets

Stocks

59,679

59,373

Debtors

5

20,012

17,844

Cash at bank

39,396

20,175

119,087

97,392

Creditors

Amounts falling due within one year

6

32,113

18,679

Net current assets

86,974

78,713

Total assets less current liabilities

92,838

82,757

Capital and reserves

Called up share capital

1

Retained earnings

92,837

82,756

Shareholders' funds

92,838

82,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2026 and were signed by:

R Smolak - Director

1.	Statutory information

Mind Nutrition Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07152429

Registered office:

Pound House

62a Highgate High Street

London

N6 5HX

2.	Accounting policies

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

20% on cost

Plant and machinery

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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

3.	Employees and directors

The average number of employees during the year was 1 (2025 - 1 ) .

4.	Tangible fixed assets

Short

Plant and

leasehold

machinery

Totals

£

Cost

At 1 March 2025

22,842

39,807

62,649

Additions

-

3,869

At 28 February 2026

22,842

43,676

66,518

Depreciation

At 1 March 2025

22,080

36,525

58,605

Charge for year

762

1,287

2,049

At 28 February 2026

22,842

37,812

60,654

Net book value

At 28 February 2026

-

5,864

At 28 February 2025

762

3,282

4,044

5.

Debtors: amounts falling due within one year

2026

2025

£

Trade debtors

12,819

10,651

Other debtors

7,193

20,012

17,844

6.

Creditors: amounts falling due within one year

2026

2025

£

Other loans

12,000

-

Amounts owed to group undertakings

2,000

Corporation tax

1,941

7,291

VAT

3,369

3,125

Other creditors

10,848

4,533

Directors' current accounts

5

Accrued expenses

1,950

1,725

32,113

18,679

7.	Ultimate controlling party

The ultimate controlling party is R Smolak.