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REGISTERED NUMBER: 07827958 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

SISU WELLNESS LIMITED

SISU WELLNESS LIMITED (REGISTERED NUMBER: 07827958)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SISU WELLNESS LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTORS: S Fay
S Martin





REGISTERED OFFICE: 35 Kingsland Road
London
E2 8AA





REGISTERED NUMBER: 07827958 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

SISU WELLNESS LIMITED (REGISTERED NUMBER: 07827958)

BALANCE SHEET
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 170 -
Tangible assets 5 177,739 3,835
177,909 3,835

CURRENT ASSETS
Debtors 6 363,483 162,153
Cash at bank 409,509 809,838
772,992 971,991
CREDITORS
Amounts falling due within one year 7 213,472 97,843
NET CURRENT ASSETS 559,520 874,148
TOTAL ASSETS LESS CURRENT
LIABILITIES

737,429

877,983

CREDITORS
Amounts falling due after more than one year 8 23,781 -
NET ASSETS 713,648 877,983

CAPITAL AND RESERVES
Called up share capital 9 4 4
Share premium 713,067 713,067
Retained earnings 577 164,912
SHAREHOLDERS' FUNDS 713,648 877,983

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

SISU WELLNESS LIMITED (REGISTERED NUMBER: 07827958)

BALANCE SHEET - continued
30 June 2024


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 13 August 2024 and were signed on its behalf by:





S Fay - Director


SISU WELLNESS LIMITED (REGISTERED NUMBER: 07827958)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

SISU Wellness Limited 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 company is reliant on the continuing financial support from the shareholders to remain as a going concern. In making their assessment, the directors have considered the position of the shareholders to continue to provide this support. After making enquires the directors have reasonable expectation that the shareholders and company have adequate resources to continue in operational existence and meet its liabilities as they fall due for at least one year and one day from the date of signing of the financial statements. Accordingly they continue to adopt the going concern basis in preparing the financial statements.

Turnover
Turnover relates to the provision of healthcare expertise, online platform, medical device and related services. Revenue is recognised when the risks and rewards are transferred to the customer.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33%
Plant and machinery - 20%

Financial instruments
Basic financial instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any Other Financial Instruments, as covered by Section 12 of FRS 102.

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.


SISU WELLNESS LIMITED (REGISTERED NUMBER: 07827958)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

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.

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 11 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 170
At 30 June 2024 170
NET BOOK VALUE
At 30 June 2024 170

SISU WELLNESS LIMITED (REGISTERED NUMBER: 07827958)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 7,797
Additions 189,641
At 30 June 2024 197,438
DEPRECIATION
At 1 July 2023 3,962
Charge for year 15,737
At 30 June 2024 19,699
NET BOOK VALUE
At 30 June 2024 177,739
At 30 June 2023 3,835

Included within plant & machinery are assets under a hire purchase agreement with net book value at 30th June 2024 of £75,880 (2023: £nil).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 359,578 58,089
Other debtors 3,905 104,064
363,483 162,153

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Finance leases 39,356 -
Trade creditors 34,493 26,588
Taxation and social security 131,443 53,561
Other creditors & accruals 8,180 17,694
213,472 97,843

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Finance leases 23,781 -

SISU WELLNESS LIMITED (REGISTERED NUMBER: 07827958)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
3,555,516 Ordinary Shares £0.000001 4 4

10. RELATED PARTY DISCLOSURES

At 30 June 2024, the amount owed to SISU Wellness Pty Ltd, a company under common control, was £198 (2023: £5,319).

During the year ended 30 June 2024, the amount paid to Kirk Road Pty Ltd, an associated company, was £31,203 (2023: £11,127).

At 30 June 2024, the overdrawn directors loan was £3,905 (2023: £3,905).

11. ULTIMATE CONTROLLING PARTY

In the opinion of the Directors, there is no ultimate controlling party.

12. ULTIMATE PARENT COMPANY

There is no ultimate parent company.