2022-11-012023-10-312023-10-31false11650906SUPPLYLIFE GROUP LIMITED2024-06-2486900iso4217:GBPxbrli:pure116509062022-11-01116509062023-10-31116509062022-11-012023-10-31116509062021-11-01116509062022-10-31116509062021-11-012022-10-3111650906bus:SmallEntities2022-11-012023-10-3111650906bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3111650906bus:AbridgedAccounts2022-11-012023-10-3111650906bus:PrivateLimitedCompanyLtd2022-11-012023-10-3111650906core:WithinOneYear2023-10-3111650906core:AfterOneYear2023-10-3111650906core:WithinOneYear2022-10-3111650906core:AfterOneYear2022-10-3111650906core:ShareCapital2023-10-3111650906core:SharePremium2023-10-3111650906core:RevaluationReserve2023-10-3111650906core:OtherReservesSubtotal2023-10-3111650906core:RetainedEarningsAccumulatedLosses2023-10-3111650906core:ShareCapital2022-10-3111650906core:SharePremium2022-10-3111650906core:RevaluationReserve2022-10-3111650906core:OtherReservesSubtotal2022-10-3111650906core:RetainedEarningsAccumulatedLosses2022-10-3111650906core:LandBuildings2023-10-3111650906core:PlantMachinery2023-10-3111650906core:Vehicles2023-10-3111650906core:FurnitureFittings2023-10-3111650906core:OfficeEquipment2023-10-3111650906core:NetGoodwill2023-10-3111650906core:IntangibleAssetsOtherThanGoodwill2023-10-3111650906core:ListedExchangeTraded2023-10-3111650906core:UnlistedNon-exchangeTraded2023-10-3111650906core:LandBuildings2022-10-3111650906core:PlantMachinery2022-10-3111650906core:Vehicles2022-10-3111650906core:FurnitureFittings2022-10-3111650906core:OfficeEquipment2022-10-3111650906core:NetGoodwill2022-10-3111650906core:IntangibleAssetsOtherThanGoodwill2022-10-3111650906core:ListedExchangeTraded2022-10-3111650906core:UnlistedNon-exchangeTraded2022-10-3111650906core:LandBuildings2022-11-012023-10-3111650906core:PlantMachinery2022-11-012023-10-3111650906core:Vehicles2022-11-012023-10-3111650906core:FurnitureFittings2022-11-012023-10-3111650906core:OfficeEquipment2022-11-012023-10-3111650906core:NetGoodwill2022-11-012023-10-3111650906core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3111650906core:ListedExchangeTraded2022-11-012023-10-3111650906core:UnlistedNon-exchangeTraded2022-11-012023-10-3111650906core:MoreThanFiveYears2022-11-012023-10-3111650906core:Non-currentFinancialInstruments2023-10-3111650906core:Non-currentFinancialInstruments2022-10-3111650906dpl:CostSales2022-11-012023-10-3111650906dpl:DistributionCosts2022-11-012023-10-3111650906core:LandBuildings2022-11-012023-10-3111650906core:PlantMachinery2022-11-012023-10-3111650906core:Vehicles2022-11-012023-10-3111650906core:FurnitureFittings2022-11-012023-10-3111650906core:OfficeEquipment2022-11-012023-10-3111650906dpl:AdministrativeExpenses2022-11-012023-10-3111650906core:NetGoodwill2022-11-012023-10-3111650906core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3111650906dpl:GroupUndertakings2022-11-012023-10-3111650906dpl:ParticipatingInterests2022-11-012023-10-3111650906dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3111650906core:ListedExchangeTraded2022-11-012023-10-3111650906dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3111650906core:UnlistedNon-exchangeTraded2022-11-012023-10-3111650906dpl:CostSales2021-11-012022-10-3111650906dpl:DistributionCosts2021-11-012022-10-3111650906core:LandBuildings2021-11-012022-10-3111650906core:PlantMachinery2021-11-012022-10-3111650906core:Vehicles2021-11-012022-10-3111650906core:FurnitureFittings2021-11-012022-10-3111650906core:OfficeEquipment2021-11-012022-10-3111650906dpl:AdministrativeExpenses2021-11-012022-10-3111650906core:NetGoodwill2021-11-012022-10-3111650906core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3111650906dpl:GroupUndertakings2021-11-012022-10-3111650906dpl:ParticipatingInterests2021-11-012022-10-3111650906dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3111650906core:ListedExchangeTraded2021-11-012022-10-3111650906dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3111650906core:UnlistedNon-exchangeTraded2021-11-012022-10-3111650906core:NetGoodwill2023-10-3111650906core:IntangibleAssetsOtherThanGoodwill2023-10-3111650906core:LandBuildings2023-10-3111650906core:PlantMachinery2023-10-3111650906core:Vehicles2023-10-3111650906core:FurnitureFittings2023-10-3111650906core:OfficeEquipment2023-10-3111650906core:AfterOneYear2023-10-3111650906core:WithinOneYear2023-10-3111650906core:ListedExchangeTraded2023-10-3111650906core:UnlistedNon-exchangeTraded2023-10-3111650906core:ShareCapital2023-10-3111650906core:SharePremium2023-10-3111650906core:RevaluationReserve2023-10-3111650906core:OtherReservesSubtotal2023-10-3111650906core:RetainedEarningsAccumulatedLosses2023-10-3111650906core:NetGoodwill2022-10-3111650906core:IntangibleAssetsOtherThanGoodwill2022-10-3111650906core:LandBuildings2022-10-3111650906core:PlantMachinery2022-10-3111650906core:Vehicles2022-10-3111650906core:FurnitureFittings2022-10-3111650906core:OfficeEquipment2022-10-3111650906core:AfterOneYear2022-10-3111650906core:WithinOneYear2022-10-3111650906core:L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SUPPLYLIFE GROUP LIMITED

Registered Number
11650906
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

SUPPLYLIFE GROUP LIMITED
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

PATWAL, Amreek

Registered Address

Dyffryrn Court Moorhen Close
Riverside Business Park
Swansea
SA7 0AP

Registered Number

11650906 (England and Wales)
SUPPLYLIFE GROUP LIMITED
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets39,5244,003
9,5244,003
Current assets
Debtors58,36332,410
Cash at bank and on hand1,051,200527,196
1,109,563559,606
Creditors amounts falling due within one year(657,031)(273,682)
Net current assets (liabilities)452,532285,924
Total assets less current liabilities462,056289,927
Creditors amounts falling due after one year(15,853)(18,042)
Provisions for liabilities(2,121)(801)
Net assets444,082271,084
Capital and reserves
Called up share capital200200
Share premium129,901129,901
Profit and loss account313,981140,983
Shareholders' funds444,082271,084
The financial statements were approved and authorised for issue by the Director on 24 June 2024, and are signed on its behalf by:
PATWAL, Amreek
Director
Registered Company No. 11650906
SUPPLYLIFE GROUP LIMITED
Notes to the Financial Statements
for the year ended 31 October 2023

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
2.Average number of employees

20232022
Average number of employees during the year72
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 November 227,004
Additions8,456
At 31 October 2315,461
Depreciation and impairment
At 01 November 223,001
Charge for year2,935
At 31 October 235,937
Net book value
At 31 October 239,524
At 31 October 224,003