Company Registration No. 13072839 (England and Wales)
Calita Nutraceuticals Ltd
Unaudited accounts
for the year ended 31 December 2024
Calita Nutraceuticals Ltd
Unaudited accounts
Contents
Calita Nutraceuticals Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
97,566
168,650
Inventories
254,524
282,483
Cash at bank and in hand
25,735
62,499
Creditors: amounts falling due within one year
(302,385)
(408,197)
Net current assets
197,717
184,001
Total assets less current liabilities
295,283
352,651
Creditors: amounts falling due after more than one year
(1,141,129)
(990,964)
Provisions for liabilities
Deferred tax
(2,781)
(31,795)
Net liabilities
(848,627)
(670,108)
Called up share capital
100
100
Profit and loss account
(848,727)
(670,208)
Shareholders' funds
(848,627)
(670,108)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Alka Agarwal
Director
Company Registration No. 13072839
Calita Nutraceuticals Ltd
Notes to the Accounts
for the year ended 31 December 2024
Calita Nutraceuticals Ltd is a private company, limited by shares, registered in England and Wales, registration number 13072839. The registered office is Unit 1B, Great Central Industrial Estate, Great Central Way, Rugby, CV21 3XH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the term of the lease
Plant & machinery
Straight line over 3 years
Fixtures & fittings
Straight line over 3 years
Computer equipment
Straight line over 3 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Calita Nutraceuticals Ltd
Notes to the Accounts
for the year ended 31 December 2024
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
117,266
257,778
31,074
4,645
410,763
Additions
-
-
2,748
-
2,748
At 31 December 2024
117,266
257,778
33,822
4,645
413,511
At 1 January 2024
27,397
195,608
17,310
1,798
242,113
Charge for the year
13,128
51,040
8,322
1,342
73,832
At 31 December 2024
40,525
246,648
25,632
3,140
315,945
At 31 December 2024
76,741
11,130
8,190
1,505
97,566
At 31 December 2023
89,869
62,170
13,764
2,847
168,650
Amounts falling due within one year
Trade debtors
184,519
209,979
Accrued income and prepayments
8,156
7,638
Other debtors
27,168
29,599
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
254,079
355,799
Taxes and social security
10,746
12,788
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Creditors: amounts falling due after more than one year
2024
2023
Other creditors
813,129
662,964
Loans from directors
328,000
328,000
Calita Nutraceuticals Ltd
Notes to the Accounts
for the year ended 31 December 2024
8
Transactions with related parties
During the year, Life On Health Care Ltd, a Company connected to Mrs Agarwal, loaned £40,000 (2023: £175,000) to the Company. This loan and previous loans are being charged at 8%. Interest of £50,164, has been charged to the profit and loss account in the year. At the balance sheet date, the Company owed Life On Health Care Ltd, £753,128 (2023: £662,964).
9
Average number of employees
During the year the average number of employees was 36 (2023: 36).