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REGISTERED NUMBER: 09082655 (England and Wales)


















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Sunvit-D3 Limited

Sunvit-D3 Limited (Registered number: 09082655)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Sunvit-D3 Limited (Registered number: 09082655)

Balance Sheet
30 June 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 22,325 40,625
Tangible assets 5 3,779 6,504
26,104 47,129

CURRENT ASSETS
Stocks 583,677 428,083
Debtors 6 660,070 604,545
Cash at bank and in hand 1,009,647 1,080,405
2,253,394 2,113,033
CREDITORS
Amounts falling due within one year 7 (427,204 ) (445,775 )
NET CURRENT ASSETS 1,826,190 1,667,258
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,852,294

1,714,387

CREDITORS
Amounts falling due after more than one
year

8

(45,166

)

(258,408

)

PROVISIONS FOR LIABILITIES (544 ) (812 )
NET ASSETS 1,806,584 1,455,167

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,806,484 1,455,067
SHAREHOLDERS' FUNDS 1,806,584 1,455,167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

Sunvit-D3 Limited (Registered number: 09082655)

Balance Sheet - continued
30 June 2023


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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2023 and were signed on its behalf by:





R O Allen - Director


Sunvit-D3 Limited (Registered number: 09082655)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Sunvit-D3 Limited 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: 09082655

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Trademarks
Trademarks are being amortised evenly over the estimated useful life of ten years.

Computer software
Computer Software is being amortised evenly over the estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% on cost
Computer equipment - 33% on cost

Inventories
Inventories have be valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, costs include a relevant proportion of overheads according to completion.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.


Sunvit-D3 Limited (Registered number: 09082655)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 5 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 150,000 13,123 163,123
AMORTISATION
At 1 July 2022 120,000 2,498 122,498
Charge for year 15,000 3,300 18,300
At 30 June 2023 135,000 5,798 140,798
NET BOOK VALUE
At 30 June 2023 15,000 7,325 22,325
At 30 June 2022 30,000 10,625 40,625

Sunvit-D3 Limited (Registered number: 09082655)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 41,962
Additions 1,046
At 30 June 2023 43,008
DEPRECIATION
At 1 July 2022 35,458
Charge for year 3,771
At 30 June 2023 39,229
NET BOOK VALUE
At 30 June 2023 3,779
At 30 June 2022 6,504

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 648,410 575,258
Other debtors 11,660 29,287
660,070 604,545

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 132,362 140,388
Amounts owed to parent company 108,300 50,000
Taxation and social security 122,203 179,241
Other creditors 64,339 76,146
427,204 445,775

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Amounts owed to parent company 45,166 258,408

9. SECURED DEBTS

Lloyds bank commercial finance limited has a fixed and floating charge against all the business assets.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is ADAllen Pharma Limited.

Registered office is Treviot House, 186-192 High Road, Ilford, Essex, IG1 1LR