VITAVERVE_NUTRITION_LIMIT - Accounts

VITAVERVE LIMITED - Company Information

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Company Registration No. 04876378 (England and Wales)

VITAVERVE NUTRITION LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2016

VITAVERVE NUTRITION LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

2 - 3

Notes to the abbreviated accounts

4 - 5

VITAVERVE NUTRITION LIMITED

REPORT TO THE DIRECTORS ON THE PREPARATION OF THE

UNAUDITED STATUTORY ACCOUNTS OF VITAVERVE NUTRITION LIMITED

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 5 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Vitaverve Nutrition Limited for the year ended 31 August 2016 set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Vitaverve Nutrition Limited, as a body, in accordance with the terms of our engagement letter dated 26 May 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Vitaverve Nutrition Limited and state those matters that we have agreed to state to the Board of Directors of Vitaverve Nutrition Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vitaverve Nutrition Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Vitaverve Nutrition Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Vitaverve Nutrition Limited. You consider that Vitaverve Nutrition Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Vitaverve Nutrition Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Jackson Calvert Limited

31 May 2017

Chartered Certified Accountants

Bennett Corner House

33 Coleshill Street

Sutton Coldfield

West Midlands

B72 1SD

VITAVERVE NUTRITION LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2016

- 2 -

2016

2015

Notes

Fixed assets

Tangible assets

267,699

267,773

Current assets

Stocks

10,000

Debtors

17,863

39,977

Cash at bank and in hand

16,042

13,626

43,905

53,603

Creditors: amounts falling due within one year

(7,147)

(1,656)

Net current assets

36,758

51,947

Total assets less current liabilities

304,457

319,720

Capital and reserves

Called up share capital

Profit and loss account

304,455

319,718

Shareholders' funds

304,457

319,720

VITAVERVE NUTRITION LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 AUGUST 2016

- 3 -

For the financial year ended 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 31 May 2017

Mrs L Hardy

Director

Company Registration No. 04876378

VITAVERVE NUTRITION LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

- 4 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

No Depreciation

Computer equipment

25% reducing balance

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Tangible assets

Cost

At 1 September 2015 & at 31 August 2016

270,878

Depreciation

At 1 September 2015

3,105

Charge for the year

At 31 August 2016

3,179

Net book value

At 31 August 2016

267,699

At 31 August 2015

267,773

VITAVERVE NUTRITION LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2016

- 5 -

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary Shares of £1 each