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REGISTERED NUMBER: 07142631 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2024

for

HEPREVIVE LIMITED

HEPREVIVE LIMITED (REGISTERED NUMBER: 07142631)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEPREVIVE LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Professor A Dhawan
Dr A Verma





SECRETARY: Dr A Verma





REGISTERED OFFICE: 1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG





REGISTERED NUMBER: 07142631 (England and Wales)





ACCOUNTANTS: Maths Partnership
1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG

HEPREVIVE LIMITED (REGISTERED NUMBER: 07142631)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,824 4,809
Investments 5 150 150
2,974 4,959

CURRENT ASSETS
Debtors 6 11,992 9,607
Investments 7 330,237 435,344
Cash at bank 635,144 374,528
977,373 819,479
CREDITORS
Amounts falling due within one year 8 41,369 23,566
NET CURRENT ASSETS 936,004 795,913
TOTAL ASSETS LESS CURRENT
LIABILITIES

938,978

800,872

PROVISIONS FOR LIABILITIES 683 1,014
NET ASSETS 938,295 799,858

CAPITAL AND RESERVES
Called up share capital 2 2
Capital redemption reserve 1 1
Retained earnings 938,292 799,855
SHAREHOLDERS' FUNDS 938,295 799,858

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 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.

HEPREVIVE LIMITED (REGISTERED NUMBER: 07142631)

Balance Sheet - 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.

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 19 December 2024 and were signed on its behalf by:





Professor A Dhawan - Director


HEPREVIVE LIMITED (REGISTERED NUMBER: 07142631)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

HepRevive 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

HEPREVIVE LIMITED (REGISTERED NUMBER: 07142631)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023 8,376
Additions 1,199
Disposals (2,435 )
At 31 March 2024 7,140
DEPRECIATION
At 1 April 2023 3,567
Charge for year 2,356
Eliminated on disposal (1,607 )
At 31 March 2024 4,316
NET BOOK VALUE
At 31 March 2024 2,824
At 31 March 2023 4,809

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 April 2023
and 31 March 2024 150
NET BOOK VALUE
At 31 March 2024 150
At 31 March 2023 150

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by participating interests 11,615 8,666
Other debtors 377 941
11,992 9,607

7. CURRENT ASSET INVESTMENTS
31.3.24 31.3.23
£    £   
Other 330,237 435,344

HEPREVIVE LIMITED (REGISTERED NUMBER: 07142631)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 33,335 16,321
Other creditors 8,034 7,245
41,369 23,566