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REGISTERED NUMBER: 02570370 (England and Wales)















REVITAL LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024






REVITAL LIMITED (REGISTERED NUMBER: 02570370)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


REVITAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: R S Vora
R R Vora





SECRETARY: Mrs N Vora





REGISTERED OFFICE: 71-75 Shelton Street
London
United Kingdom
WC2H 9JQ





REGISTERED NUMBER: 02570370 (England and Wales)






REVITAL LIMITED (REGISTERED NUMBER: 02570370)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 25,470 53,207
25,470 53,207

CURRENT ASSETS
Stocks 874,590 796,629
Debtors 6 2,108,589 2,471,833
Cash at bank and in hand 2,731 5,186
2,985,910 3,273,648
CREDITORS
Amounts falling due within one year 7 2,879,943 3,176,360
NET CURRENT ASSETS 105,967 97,288
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,437

150,495

CREDITORS
Amounts falling due after more than one year 8 70,729 126,524
NET ASSETS 60,708 23,971

CAPITAL AND RESERVES
Called up share capital 10 2,550,000 2,550,000
Retained earnings (2,489,292 ) (2,526,029 )
SHAREHOLDERS' FUNDS 60,708 23,971

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

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

REVITAL LIMITED (REGISTERED NUMBER: 02570370)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 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 20 January 2025 and were signed on its behalf by:





R R Vora - Director


REVITAL LIMITED (REGISTERED NUMBER: 02570370)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Revital 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party transactions
For the purposes of these financial statements, a related party is considered to be related to the company if:

- The party has the ability, directly or indirectly, through one or more intermediaries, to control the company or
exercise significant influence over the company in making financial and operating policy decisions, or has
joint control over the company.
- The company and the party are subject to common control.
- The party is an associate of the company or a joint venture in which the company is a venturer.
- The parties are a member of key management personnel of the company or the company's parent, or a
close family member of such an individual, or is an entity under the control, joint control or significant
influence of such individuals.
- The party, or any member of a group of which it is a party, provides key management personnel services to
the company or its parent.

Close family members of an individual are those members who are expected to influence, or be influenced by, that individual in their dealings with the entity.

Turnover
Turnover is the amount derived from ordinary activities, and is measured at the fair value of the consideration received or receivable, excluding value added tax and other sales taxes.

Specifically in relation to retail sales, turnover is recognised at the point of sale or dispatch of the goods.

Goodwill
Goodwill, being the amount paid in connection therewith the acquisition of businesses over a number of years, is being amortised evenly over its estimated useful life.

Having being fully amortised in previous years, no further amortisation would be applied to the carrying values of goodwill.

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.

Having being fully amortised in previous years, no further amortisation would be applied to the carrying values of patents and licences.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold- in accordance with the lease.
Fixtures and fittings- 25% on cost


REVITAL LIMITED (REGISTERED NUMBER: 02570370)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.

When stocks are sold, the carrying amount of these stocks are recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised in the period in which the reversal occurs.

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 statement of financial position date.

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.

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.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Trade and other debtors
Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the and discounted amount expected to be received, net of impairment.

Trade and other debtors that are receivable after more than one year or that constitute financing transactions are recorded initially at the fair value less transaction costs and subsequently at amortised cost, net of impairment.

Trade and other creditors
Trade and other creditors are initially recognised and fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting is immaterial, in which case they are stated at cost.

REVITAL LIMITED (REGISTERED NUMBER: 02570370)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

Going concern
The directors have continued to take action to manage the business risk by:

- Continuously developing and improving the structure of e-commerce sales; &
- Significantly improving the distribution and administrative processes, resulting in a reduction in payroll costs
and staff numbers.

Accordingly, they have a reasonable expectation that the company has sufficient resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.

The Company returned a net profit of £36,737 for the year ended 30 April 2024 and, as of that date, the Company's net assets amounted to £60,708. The Financial Statements have been prepared on a going concern basis, as the directors have:

- Prepared cash flow forecasts confirming that the company's liquidity will be maintained to meet its day-to-day
commitments for a period of at least 24 months from the year end date.
- The company is constantly reviewing and managing its cash flow, having taken positive steps to ensure that
major costs were curtailed as in the previous years.
- Increased presence in e-commerce, without necessarily increasing costs associated to this additional channel
of revenue.
- Continuously managed a negotiated credit terms with suppliers.
- Further reduced central administrative costs by significant use of technology.

In addition to the improvements to cash flow management and savings achieved as highlighted above, strategically, the directors have:

- Successfully increased the revenue stream from the monthly e-commerce subscription service. This has
resulted in a regular income stream from repeat customers increasing significantly in comparison to the
previous years.
- Increased the product range available through the Amazon store and at the same time launched online sales
through additional marketplace channels.
- Continued to research and source additional products available in the UK, further overcoming supply chain
issues by sourcing of products predominantly from the UK only as in the previous years.
- Significantly extended the range of own branded goods, having carried out research and commenced the
manufacturing process of own branded goods in previous years.

As a result of the actions listed above, the directors are of the opinion that the going concern basis is therefore appropriate to the preparation of these Financial Statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 73 (2023 - 79 ) .

REVITAL LIMITED (REGISTERED NUMBER: 02570370)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 897,694 31,242 928,936
AMORTISATION
At 1 May 2023
and 30 April 2024 897,694 31,242 928,936
NET BOOK VALUE
At 30 April 2024 - - -
At 30 April 2023 - - -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 428,361
Additions 17,839
At 30 April 2024 446,200
DEPRECIATION
At 1 May 2023 375,154
Charge for year 45,576
At 30 April 2024 420,730
NET BOOK VALUE
At 30 April 2024 25,470
At 30 April 2023 53,207

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 31,550 26,340
Amounts owed by group undertakings 1,714,561 2,008,684
Other debtors 362,478 436,809
2,108,589 2,471,833

REVITAL LIMITED (REGISTERED NUMBER: 02570370)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 519,860 459,058
Trade creditors 1,714,325 1,812,617
Amounts owed to group undertakings 8,718 153,534
Taxation and social security 74,503 87,198
Other creditors 562,537 663,953
2,879,943 3,176,360

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 70,729 126,524

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank Loans and overdrafts 464,064 404,808

At the year-end date a guarantee and debenture, dated 15 October 2019 in favour of HSBC UK Bank plc, secured by way of a fixed and floating charge over the assets of the company existed.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2,550,000 Ordinary Shares £1 2,550,000 2,550,000

During the year, the company issued 2,500,000 Ordinary shares for £1 each, for non-cash consideration, in order to capitalise an inter company loan with its Parent Undertaking Revital Holdings Limited.

11. OTHER FINANCIAL COMMITMENTS

At the year-end date, the company had the following commitments registered as charges or rent deposit deeds:

- Three rent deposit deeds amounting to £87,244.

- One rent deposit deed of an unspecified amount.

REVITAL LIMITED (REGISTERED NUMBER: 02570370)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


12. RELATED PARTY DISCLOSURES

During the year the company paid rent to a related party totalling £111,618 (2023: £104,892). At the balance sheet date, included within Creditors, is an amount of £8,718 (2023: £85,134) owed to RVNV Properties Limited.

During the year the company received services from a related party totalling £74,100 (2023: £74,400). At the balance sheet date, included within Creditors, is an amount of £NIL (2022: £93,630) owed to Asra Management Services LLP.

The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with entities within the same group.