REGISTERED NUMBER: 11541751 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Charis Life Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr S Ting

Dr I Ching

REGISTERED OFFICE:

33 Sidney Road

Walton-On-Thames

KT12 2NA

REGISTERED NUMBER:

11541751 (England and Wales)

ACCOUNTANTS:

Times Accountancy Services Limited

Chartered Certified Accountants and

Registered Auditors

Alcala

Rectory Lane

Woodmansterne

Surrey

SM7 3NY

FIXED ASSETS

Tangible assets

4

634,439

634,696

CURRENT ASSETS

Debtors

5

5,993

3,994

Cash at bank

5,256

5,499

11,249

9,493

CREDITORS

Amounts falling due within one year

6

3,556

661

NET CURRENT ASSETS

7,693

8,832

TOTAL ASSETS LESS CURRENT LIABILITIES

642,132

643,528

CREDITORS

Amounts falling due after more than one year

7

742,603

756,197

NET LIABILITIES

(100,471

)

(112,669

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

(100,473

)

(112,671

)

SHAREHOLDERS' FUNDS

(100,471

)

(112,669

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 22 May 2026 and were signed on its behalf by:

Dr S Ting - Director

Dr I Ching - Director

1.	STATUTORY INFORMATION

Charis Life 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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

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.

Going concern

The accounts have been prepared as a going concern with the continued support of the company's directors-shareholders.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

633,671

879

1,229

635,779

DEPRECIATION

At 1 September 2024

-

508

575

1,083

Charge for year

-

93

164

257

At 31 August 2025

-

601

739

1,340

NET BOOK VALUE

At 31 August 2025

633,671

278

490

634,439

At 31 August 2024

633,671

371

654

634,696

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

5,993

3,994

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Corporation Tax

2,866

-

Other creditors and accruals

690

661

3,556

661

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Other loans more 5yrs non-inst

471,266

471,253

Directors' loan accounts

271,337

284,944

742,603

756,197

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

471,266

471,253

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 September 2024

(112,671

)

Profit for the year

12,198

At 31 August 2025

(100,473

)