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REGISTERED NUMBER: 08332394 (England and Wales)


Longevita London Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2024






Longevita London Limited (Registered number: 08332394)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Longevita London Limited

Company Information
for the year ended 31 March 2024







DIRECTOR: Mr K Seymenoglu





REGISTERED OFFICE: 239-241 Kennington Lane
London
SE11 5QU





REGISTERED NUMBER: 08332394 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Longevita London Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Longevita London Limited for the year ended 31 March 2024 which comprise the Abridged Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Longevita London Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Longevita London Limited and state those matters that we have agreed to state to the director of Longevita London Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Longevita London Limited and its director for our work or for this report.

It is your duty to ensure that Longevita London 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 profit of Longevita London Limited. You consider that Longevita London 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 Longevita London 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 financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


29 November 2024

Longevita London Limited (Registered number: 08332394)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 150 175
Property, plant and equipment 5 85,298 95,914
Investments 6 - 100
85,448 96,189

CURRENT ASSETS
Debtors 7 3,704,317 1,524,249
Cash at bank and in hand 1,133,600 7,888,063
4,837,917 9,412,312
CREDITORS
Amounts falling due within one year 8 319,150 491,960
NET CURRENT ASSETS 4,518,767 8,920,352
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,604,215

9,016,541

PROVISIONS FOR LIABILITIES 9 21,325 18,225
NET ASSETS 4,582,890 8,998,316

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 11 4,582,889 8,998,315
SHAREHOLDERS' FUNDS 4,582,890 8,998,316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Longevita London Limited (Registered number: 08332394)

Statement of Financial Position - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





Mr K Seymenoglu - Director


Longevita London Limited (Registered number: 08332394)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Longevita London 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the fee received from the ordinary activities of the business provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 10% on cost
Computer equipment - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


Longevita London Limited (Registered number: 08332394)

Notes to the Financial Statements - continued
for the year ended 31 March 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 statement of financial position 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.

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 3 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 250
AMORTISATION
At 1 April 2023 75
Charge for year 25
At 31 March 2024 100
NET BOOK VALUE
At 31 March 2024 150
At 31 March 2023 175

Longevita London Limited (Registered number: 08332394)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 12,647 109,359 1,235 123,241
Additions - - 1,598 1,598
At 31 March 2024 12,647 109,359 2,833 124,839
DEPRECIATION
At 1 April 2023 11,588 15,492 247 27,327
Charge for year 711 10,936 567 12,214
At 31 March 2024 12,299 26,428 814 39,541
NET BOOK VALUE
At 31 March 2024 348 82,931 2,019 85,298
At 31 March 2023 1,059 93,867 988 95,914

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023 100
Disposals (100 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 100

Fixed asset investment represent the cost of investing in the 100% holding in TXS Properties Limited-an unquoted company registered in England.

Longevita London Limited (Registered number: 08332394)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,548,049 1,516,363
Other debtors 2,156,268 7,886
3,704,317 1,524,249

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 514 236
Trade creditors 72,107 172,494
Taxation and social security 243,097 312,057
Other creditors 3,432 7,173
319,150 491,960

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 21,325 18,225

Deferred
tax
£   
Balance at 1 April 2023 18,225
Charge to Statement of Income and Retained Earnings during year 3,100
Balance at 31 March 2024 21,325

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

Longevita London Limited (Registered number: 08332394)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

11. RESERVES
Retained
earnings
£   

At 1 April 2023 8,998,315
Profit for the year 1,400,214
Dividends (5,815,640 )
At 31 March 2024 4,582,889

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr K Seymenoglu
Balance outstanding at start of year - -
Amounts advanced 2,150,184 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,150,184 -

Director repaid overdrawn amounts on 19th November 2024.

13. RELATED PARTY DISCLOSURES

Included in debtors are amounts owed by company under common control at balance sheet date of £1,499,254 (2023: £1,499,254). No interest is charged on this balance and it is repayable on demand.