Company registration number: 12330846
Unaudited financial statements
for the year ended 31 December 2024
for
La Vie Holdings Ltd
Pages for filing with the Registrar
Company registration number: 12330846
La Vie Holdings Ltd
Balance sheet
as at 31 December 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 34,256 33,939
34,256 33,939
Current assets
Stocks 887,762 460,756
Debtors 471,213 130,643
Cash at bank and in hand 1,124,433 637,142
2,483,408 1,228,541
Creditors: amounts falling due within one
year 		(397,373) (407,230)
Net current assets 2,086,035 821,311
Total assets less current liabilities 2,120,291 855,250
Creditors: Amounts falling due after more
than one year 		(1,571,151) -
NET ASSETS 549,140 855,250
Capital and reserves
Called up share capital 364 333
Share premium account 3,090,229 2,453,260
Profit and loss account (2,541,453) (1,598,343)
TOTAL EQUITY 549,140 855,250
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12330846
La Vie Holdings Ltd
Balance sheet - continued
as at 31 December 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 and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 25 September 2025 and signed on its behalf by:
C Cottam, Director
25 September 2025
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La Vie Holdings Ltd
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
La Vie Holdings Ltd is a private company registered in England and Wales. Its registered number is 12330846. The company is limited by shares. Its registered office is 7 Bell Yard, London, England, WC2A 2JR.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 33% straight line
Fixtures & fittings - 50% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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La Vie Holdings Ltd
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 6 (2023 - 5).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2024 65,048
Additions 23,931
Disposals (958)
At 31 December 2024 88,021
Depreciation
At 1 January 2024 31,109
Charge for year 23,135
Eliminated on disposal (479)
At 31 December 2024 53,765
Net book value
At 31 December 2024 34,256
At 31 December 2023 33,939
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La Vie Holdings Ltd
Notes to the financial statements - continued
for the year ended 31 December 2024
5 Convertible debts
On 5 April 2024, the Board of Directors approved the issuance of unsecured convertible loan notes totaling £2 million to a group of investors. The actual amount received by the Company was £1,908,151. The Notes do not carry any interest, have no specified maturity date, and are unsecured obligations of the Company.

Under the terms of the Notes, conversion into equity shares is triggered automatically upon the Company completing a fundraising round in which gross proceeds of at least £2 million are received. In such circumstances, the conversion price is set at the lower of the price per share in that fundraising round or a pre-agreed conversion cap. In the event of a liquidation or exit, noteholders may elect to either convert their Notes at the same pricing basis or receive repayment of the principal. If none of these events occur, the majority of noteholders may require the Company to repay the Notes, extend the term for the purposes of completing a next fundraising, or convert them into shares on equivalent terms.

During the year, the Company completed a qualifying fundraising round that triggered automatic conversion under the Notes. As a result, £337,000 of the Notes were converted into 15,645 ordinary shares of £0.001 nominal value each. The conversion was effected at the applicable conversion price in accordance with the terms of the Notes. No gain or loss was recognised on the extinguishment of the liability.

As at 31 December 2024, convertible loan notes with a principal balance of £1,571,151 remained outstanding. Management has assessed the classification of the remaining Notes in accordance with FRS 102 1A, and determined that, given the absence of a fixed maturity date, interest, or unconditional obligation to convert, the Notes are classified in full as a financial liability until settlement or conversion occurs.
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