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REGISTERED NUMBER: 10806942 (England and Wales)















REVITAL HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024






REVITAL HOLDINGS LIMITED (REGISTERED NUMBER: 10806942)

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 3


REVITAL HOLDINGS 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
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 10806942 (England and Wales)





ACCOUNTANTS: Albury Associates Limited
2nd Floor, One Hobbs House,
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

REVITAL HOLDINGS LIMITED (REGISTERED NUMBER: 10806942)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 314,754 354,098
Tangible assets 5 179,120 268,680
Investments 6 2,550,200 2,550,200
3,044,074 3,172,978

CREDITORS
Amounts falling due within one year 7 932,947 928,747
NET CURRENT LIABILITIES (932,947 ) (928,747 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,111,127

2,244,231

CREDITORS
Amounts falling due after more than one year 8 1,500,000 1,500,000
NET ASSETS 611,127 744,231

CAPITAL AND RESERVES
Called up share capital 9 210,839 210,839
Share premium 10 839,161 839,161
Retained earnings 10 (438,873 ) (305,769 )
SHAREHOLDERS' FUNDS 611,127 744,231

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.

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 HOLDINGS LIMITED (REGISTERED NUMBER: 10806942)

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


1. STATUTORY INFORMATION

Revital Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Revital Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% 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 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.

REVITAL HOLDINGS LIMITED (REGISTERED NUMBER: 10806942)

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


2. ACCOUNTING POLICIES - continued

Going concern
The company is reliant upon the results of its wholly owned subsidiary Revital Limited. The directors of the subsidiary 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 subsidiary company, and in turn, 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 subsidiary returned a net profit of £36,737 for the year ended 30 April 2024 and, as of that date, the net subsidiary's assets amounted to £60,708. The subsidiary's Financial Statements have been prepared on a going concern basis, as the directors have:

- Prepared cash flow forecasts confirming that the subsidiary'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 subsidiary 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 3 (2023 - 3 ) .

REVITAL HOLDINGS LIMITED (REGISTERED NUMBER: 10806942)

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


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 393,442
AMORTISATION
At 1 May 2023 39,344
Charge for year 39,344
At 30 April 2024 78,688
NET BOOK VALUE
At 30 April 2024 314,754
At 30 April 2023 354,098

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 358,240
DEPRECIATION
At 1 May 2023 89,560
Charge for year 89,560
At 30 April 2024 179,120
NET BOOK VALUE
At 30 April 2024 179,120
At 30 April 2023 268,680

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 2,550,200
NET BOOK VALUE
At 30 April 2024 2,550,200
At 30 April 2023 2,550,200

REVITAL HOLDINGS LIMITED (REGISTERED NUMBER: 10806942)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 143,318 143,317
Amounts owed to group undertakings 264,225 558,348
Amounts owed to associates 391,798 97,676
Other creditors 133,606 129,406
932,947 928,747

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 1,500,000 1,500,000

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 1,125,000 1,125,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
151,626 Ordinary Shares £1 151,626 151,626
56,467 A Ordinary £1 56,467 56,467
1,696 B Ordinary £1 1,696 1,696
1,050 C Ordinary £1 1,050 1,050
210,839 210,839

All share classes have different rights on income and capital distributions. Additionally, holders of B Ordinary Shares are not entitled to receive notice of and attend any general meeting of the Company and shall not be entitled to vote on any written resolution of the company.

10. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 May 2023 (305,769 ) 839,161 533,392
Deficit for the year (133,104 ) (133,104 )
At 30 April 2024 (438,873 ) 839,161 400,288

11. RELATED PARTY DISCLOSURES

The company has taken advantage of 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 wholly owned subsidiaries within the group.

REVITAL HOLDINGS LIMITED (REGISTERED NUMBER: 10806942)

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


12. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are R S Vora and Mrs N Vora by virtue of shareholdings.