Essence of Life Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05252748

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		506,595		464,543
Investments	5		1,000		1,000

			507,595		465,543
CURRENT ASSETS
Stocks	6	264,217		254,242
Debtors	7	1,026,285		1,050,025
Cash at bank and in hand		47,608		163,647

		1,338,110		1,467,914
Creditors: Amounts Falling Due Within One Year	8	(863,049 )		(792,774 )

NET CURRENT ASSETS (LIABILITIES)			475,061		675,140

TOTAL ASSETS LESS CURRENT LIABILITIES			982,656		1,140,683

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,881 )		(13,601 )

NET ASSETS			970,775		1,127,082

CAPITAL AND RESERVES
Called up share capital	9		120		120
Profit and Loss Account			970,655		1,126,962

SHAREHOLDERS' FUNDS			970,775		1,127,082

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Essence of Life Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Hatim Jodiyawalla

Director

2 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Essence of Life 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

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	5% on cost
Plant & Machinery	50% on cost
Motor Vehicles	25% on reducing balance

2.4. Investment Properties

Investments in subsidiary undertakings are recognised at cost.

2.5. Stocks and Work in Progress

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

2.6. 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.

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.

2.7. Pensions

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. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 7)

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Essence of Life Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 April 2024	436,319	49,997	24,208	510,524
Additions	78,231	13,549	-	91,780

As at 31 March 2025	514,550	63,546	24,208	602,304

Depreciation
As at 1 April 2024	10,247	21,313	14,421	45,981
Provided during the period	25,067	22,214	2,447	49,728

As at 31 March 2025	35,314	43,527	16,868	95,709

Net Book Value
As at 31 March 2025	479,236	20,019	7,340	506,595

As at 1 April 2024	426,072	28,684	9,787	464,543

5. Investments

	Other
	£
Cost
As at 1 April 2024	1,000

As at 31 March 2025	1,000

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	1,000

As at 1 April 2024	1,000

6. Stocks

	2025	2024
	£	£
Stock	264,217	254,242

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Essence of Life Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	59,062	44,755
Other debtors	51,317	89,364

	110,379	134,119
Due after more than one year
Other debtors	915,906	915,906

	1,026,285	1,050,025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	122,547	28,754
Other creditors	737,804	720,256
Taxation and social security	2,698	43,764

	863,049	792,774

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	120	120

10. Related Party Transactions

Essence of Life Limited provided a loan of £915,906 (2024: £915,906) to the subsidiary Essence of Life Property Limited. The loan is unsecured, interest free and repayable on demand.

Essence of Life Limited paid office rent of £60,072 (2024: Nil) to Essence of Life Property Limited.

Essence of Life Limited received services of £1,000 (2024: £42,000) from and provided a loan of £3,283 (2024: £3,283) to Volcano Consulting Limited, a company controlled by the director Hatim Jodiyawalla.

The above transactions were conducted in the normal course of the business and on arm's lenght basis.

11. Ultimate Controlling Party

The controlling party is Hatim & Sakina Jodiyawalla .

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