REGISTERED NUMBER: 06438716 (England and Wales)

Naturiol Bangor Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Professor M S Baird

Dr. O T Jones

Dr E M Jones

Dr U Gandhi

REGISTERED OFFICE:

MSParc

Parc Gwyddoniaeth Menai

Gaerwen

Anglesey

LL60 6AG

REGISTERED NUMBER:

06438716 (England and Wales)

ACCOUNTANTS:

Salisbury & Company

Chartered Accountants

Irish Square

Upper Denbigh Road

St Asaph

Denbighshire

LL17 0RN

FIXED ASSETS

Tangible assets

4

1,243

1,554

CURRENT ASSETS

Debtors

5

2,065

15,191

Cash at bank

11,107

14,027

13,172

29,218

CREDITORS

Amounts falling due within one year

6

151,625

150,682

NET CURRENT LIABILITIES

(138,453

)

(121,464

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(137,210

)

(119,910

)

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

99,902

99,902

Retained earnings

(237,212

)

(219,912

)

SHAREHOLDERS' FUNDS

(137,210

)

(119,910

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2026 and were signed on its behalf by:

Professor M S Baird - Director

1.	STATUTORY INFORMATION

Naturiol Bangor Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

The financial statements have been prepared on a going concern basis. The company is reliant on the continued support of the directors, who believe that through continued research and development, future trading will lead to the company becoming self-sufficient.

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.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

12,076

DEPRECIATION

At 1 January 2025

10,522

Charge for year

311

At 31 December 2025

10,833

NET BOOK VALUE

At 31 December 2025

1,243

At 31 December 2024

1,554

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,065

15,191

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,880

250

Taxation and social security

-

687

Other creditors

149,745

149,745

151,625

150,682

Other creditors include directors loans of £90,240. There are no defined repayment terms, and no interest is charged. It is the directors intention not to recall these loans for the foreseeable future.

7.	ULTIMATE CONTROLLING PARTY

No individual has ultimate control of the company.