NU MIND WELLNESS LTD


Directors	HIGGINS, Samuel Thomas
	HIGGINS, William Edward


Registered Address	Quintos Priorswood
	Compton
	Guildford
	GU3 1DR


Registered Number	12619694 (England and Wales)

Balance Sheet as at
30 September 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		2,355		-
			2,355		-
Current assets
Stocks	4	623,776		125,604
Debtors		81,158		67,096
Cash at bank and on hand		545,678		217,348
		1,250,612		410,048
Creditors amounts falling due within one year	5	(1,241,824)		(683,012)
Net current assets (liabilities)			8,788		(272,964)
Total assets less current liabilities			11,143		(272,964)
Provisions for liabilities	6		(589)		-
Net assets			10,554		(272,964)
Capital and reserves
Called up share capital			2		2
Profit and loss account			10,552		(272,966)
Shareholders' funds			10,554		(272,964)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 October 2026, and are signed on its behalf by:

HIGGINS, Samuel Thomas
Director
Registered Company No. 12619694

NU MIND WELLNESS LTD

Notes to the Financial Statements
for the year ended 30 September 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	3

	Stocks and work in progress
	Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. At each reporting date, stocks are reviewed for impairment. Where the estimated selling price less costs to complete and sell falls below cost, or where items are identified as slow-moving or obsolete, provision is made and the resulting loss is recognised in profit or loss. When stocks are sold, the carrying amount is recognised as an expense within cost of sales in the same period as the related revenue.

Stocks and work in progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. At each reporting date, stocks are reviewed for impairment. Where the estimated selling price less costs to complete and sell falls below cost, or where items are identified as slow-moving or obsolete, provision is made and the resulting loss is recognised in profit or loss. When stocks are sold, the carrying amount is recognised as an expense within cost of sales in the same period as the related revenue.

	Financial instruments
	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans to and from related parties. Debt instruments that are payable or receivable within one year are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss. Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans to and from related parties. 

Debt instruments that are payable or receivable within one year are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

	Share capital
	Allotted, called up and fully paid: 650,000 A Ordinary shares of £0.000002 each (£1.30) and 350,000 B Ordinary shares of £0.000002 each (£0.70) - £2.00. The share capital was subdivided and reclassified during the year; total nominal value unchanged.

	Related parties
	Included within other creditors is the following amounts owed to the directors: - Mr S Higgins £234,928 - Mr W Higgins £238,204 The balances are unsecured, interest free and is repayable on demand.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 October 25	2,877	2,877
Additions	2,665	2,665
Disposals	(2,877)	(2,877)
At 30 September 26	2,665	2,665
Depreciation and impairment
At 01 October 25	2,877	2,877
Charge for year	310	310
On disposals	(2,877)	(2,877)
At 30 September 26	310	310
Net book value
At 30 September 26	2,355	2,355
At 30 September 25	-	-

4.	Stocks

	2026	2025
	£	£
Finished goods	321,094	112,466
Payments on account, stocks	302,682	13,138
Total	623,776	125,604

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	703,807	164,134
Taxation and social security	61,668	36,977
Other creditors	474,605	440,902
Accrued liabilities and deferred income	1,744	40,999
Total	1,241,824	683,012

6.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	589	-
Total	589	-

7.	Prior period policy changes
	These financial statements are the first prepared in accordance with FRS 102 Section 1A. The company previously applied the micro-entity provisions of FRS 105. The date of transition to FRS 102 is 1 October 2024. The transition has had no effect on the company’s reported equity at 1 October 2024 or 30 September 2025, or on its reported profit for the year ended 30 September 2025. Certain comparative amounts have been reclassified to conform with the presentation required by FRS 102 Section 1A; other income of £2,251 previously presented separately is included within turnover.

Prior period policy changes

These financial statements are the first prepared in accordance with FRS 102 Section 1A. The company previously applied the micro-entity provisions of FRS 105. The date of transition to FRS 102 is 1 October 2024.

The transition has had no effect on the company’s reported equity at 1 October 2024 or 30 September 2025, or on its reported profit for the year ended 30 September 2025. Certain comparative amounts have been reclassified to conform with the presentation required by FRS 102 Section 1A; other income of £2,251 previously presented separately is included within turnover.