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Registered number: 13429805
LIFETEX INDUSTRY (UK) CO., LTD
Unaudited Financial Statements
For The Year Ended 31 May 2025
WD Accountants Ltd
LIFETEX INDUSTRY (UK) CO., LTD
Contents
Contents

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

Page 1
LIFETEX INDUSTRY (UK) CO., LTD
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 13429805

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 3,794 |  | 6,001
Investments | 5 |  | 24,991,285 |  | -
|  |  | 24,995,079 |  | 6,001
CURRENT ASSETS
Debtors |  | 317,759 |  | 40,391 |
Cash at bank and in hand |  | 92,117 |  | 78,345 |
|  | 409,876 |  | 118,736 |
Creditors: Amounts Falling Due Within One Year |  | (15,810 ) |  | (15,711 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 394,066 |  | 103,025
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 25,389,145 |  | 109,026
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (25,984,219 ) |  | (1,041,412 )
NET LIABILITIES |  |  | (595,074 ) |  | (932,386 )
CAPITAL AND RESERVES
Called up share capital |  |  | 500,000 |  | 500,000
Profit and Loss Account |  |  | (1,095,074 ) |  | (1,432,386 )
SHAREHOLDERS' FUNDS |  |  | (595,074) |  | (932,386)

Page 1
Page 2
LIFETEX INDUSTRY (UK) CO., LTD
Balance Sheet (continued)
As At 31 May 2025
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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

Ms H CHENG Director
28/01/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
LIFETEX INDUSTRY (UK) CO., LTD
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
LIFETEX INDUSTRY (UK) CO., LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13429805 . The registered office is Suite 403, The Cotton Exchange, Old Hall Street, Liverpool, England, L3 9LQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The Company has net liabilities of £594,074 and is dependent on the continued financial support of its parent undertaking.
The parent undertaking has confirmed that it will continue to provide financial support and will not request repayment of existing intercompany loans for at least 12 months from the date of approval of these financial statements.
Accordingly, the directors consider the going concern basis to be appropriate.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. 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:

Computer Equipment | 25% on Cost

2.5. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Investments in Subsidiaries
Investments in subsidiary undertakings are stated at cost less impairment. The directors assess at each reporting date whether indicators of impairment exist.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 9)
9 9
Page 3
Page 4
LIFETEX INDUSTRY (UK) CO., LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 June 2024 | 8,829
As at 31 May 2025 | 8,829
Depreciation
As at 1 June 2024 | 2,828
Provided during the period | 2,207
As at 31 May 2025 | 5,035
Net Book Value
As at 31 May 2025 | 3,794
As at 1 June 2024 | 6,001

5. Investments

| Subsidiaries
--- | ---
| £
Cost or Valuation
As at 1 June 2024 | -
Additions | 24,991,285
As at 31 May 2025 | 24,991,285
Provision
As at 1 June 2024 | -
As at 31 May 2025 | -
Net Book Value
As at 31 May 2025 | 24,991,285
As at 1 June 2024 | -

In September 2024, the Company acquired 100% of the issued share capital of Colheim GmbH & Co. KG, a company incorporated in Germany, for a total consideration of EUR 29,942,951.14.
Colheim GmbH & Co. KG holds several subsidiaries, the most significant being Outlast Technologies GmbH, a company incorporated in Germany and wholly owned (100%) by Colheim GmbH & Co. KG.
6. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 25,984,219 |  | 1,041,412

The loan from the Company’s holding company is classified as a non-current liability. The loan is interest-free and no fixed repayment terms.
7. Related Party Transactions
As at the year end, the Company owed its holding company £25,984,219 (2024: £1,041,411). The loan is interest-free and no fixed repayment terms.
Page 4
Page 5
LIFETEX INDUSTRY (UK) CO., LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
8. Ultimate Controlling Party
The immediate parent undertaking is Shanghai Sunwin Industry Group Co., Ltd, which owns 100% of the issued share capital of the Company.
The ultimate controlling party is Mr Shadow Wang, who controls Shanghai Sunwin Investment Holding Group Co., Ltd through his 90% shareholding and therefore exercises ultimate control over the Group.
9. Audit Exemption
The Directors of the Company have determined that the Company satisfies the criteria for a small company and is therefore entitled to exemption from audit for the financial year ended 31 May 2025.
Page 5