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REGISTERED NUMBER: 05700982 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Jovik Ltd

Jovik Ltd (Registered number: 05700982)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Report of the Accountants | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

Jovik Ltd

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | R Baranauskaite

| V Jokubauskas

| SECRETARY: |

| REGISTERED OFFICE: | 32 Longbridge Road

| Barking

| IG11 8RY

| REGISTERED NUMBER: | 05700982 (England and Wales)

| ACCOUNTANTS: | Business Help UK Ltd

| 1st - 2nd Floor

| 138 South Street

| Romford

| Essex

| RM1 1TE

Jovik Ltd

Report of the Accountants to the Directors of

Jovik Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Business Help UK Ltd

1st - 2nd Floor

138 South Street

Romford

Essex

RM1 1TE

28 November 2025

Jovik Ltd (Registered number: 05700982)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 11,095 |  | 14,703 |  |

CURRENT ASSETS

Stocks | 271,301 |  | 262,805 |  |

Debtors | 5 | 7,500 |  | 1,132 |  |

Cash at bank and in hand | 18,882 |  | 12,811 |  |

297,683 |  | 276,748 |  |

CREDITORS

Amounts falling due within one year | 6 | 23,990 |  | 33,384 |  |

NET CURRENT ASSETS | 273,693 |  | 243,364 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 284,788 |  | 258,067 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 102,085 |  | 73,271 |  |

NET ASSETS | 182,703 |  | 184,796 |  |

Jovik Ltd (Registered number: 05700982)

Balance Sheet - continued

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 8 | 4 |  | 4 |  |

Retained earnings | 182,699 |  | 184,792 |  |

SHAREHOLDERS' FUNDS | 182,703 |  | 184,796 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 28 November 2025 and were signed on its behalf by:

R Baranauskaite - Director

V Jokubauskas - Director

Jovik Ltd (Registered number: 05700982)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Jovik Ltd 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.

| Plant and machinery etc | - | 25% on reducing balance

| Stocks

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

| 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 balance sheet date.

Jovik Ltd (Registered number: 05700982)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 12 (2024 - 12 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024 | 122,055 |  |

| Additions | 999 |  |

| Disposals | (5,392 | ) |

| At 31 March 2025 | 117,662 |  |

| DEPRECIATION

| At 1 April 2024 | 107,352 |  |

| Charge for year | 3,698 |  |

| Eliminated on disposal | (4,483 | ) |

| At 31 March 2025 | 106,567 |  |

| NET BOOK VALUE

| At 31 March 2025 | 11,095 |  |

| At 31 March 2024 | 14,703 |  |

Jovik Ltd (Registered number: 05700982)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | DEBTORS

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts falling due within one year:

| Other debtors | - |  | 1,132 |  |

| Amounts falling due after more than one year:

| Other debtors | 7,500 |  | - |  |

| Aggregate amounts | 7,500 |  | 1,132 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | (2 | ) | - |  |

| Taxation and social security | 3,378 |  | 5,678 |  |

| Other creditors | 20,614 |  | 27,706 |  |

23,990 |  | 33,384 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 13,085 |  | 23,271 |  |

| Other creditors | 89,000 |  | 50,000 |  |

102,085 |  | 73,271 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 4 | Ordinary | 1 | 4 |  | 4 |  |