REGISTERED NUMBER: 11732072 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

LA SIDDHI CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr Kamleshkumar Patel

Mrs Hetalbahen Patel

REGISTERED OFFICE:

16 St. Michaels Avenue

Hemel Hempstead

HP3 8HF

REGISTERED NUMBER:

11732072 (England and Wales)

AUDITORS:

Ashford Louis

187 High Road Leyton

London

E15 2BY

FIXED ASSETS

Intangible assets

4

200,000

225,000

Tangible assets

5

70,975

88,634

Investment property

6

660,000

660,000

930,975

973,634

CURRENT ASSETS

Debtors

7

1,163,278

647,114

Cash at bank

28,266

1,872

1,191,544

648,986

CREDITORS

Amounts falling due within one year

8

2,091,787

1,595,517

NET CURRENT LIABILITIES

(900,243

)

(946,531

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,732

27,103

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

30,632

27,003

SHAREHOLDERS' FUNDS

30,732

27,103

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 27 May 2026 and were signed on its behalf by:

Mrs Hetalbahen Patel - Director

1.	STATUTORY INFORMATION

La Siddhi Consultancy 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

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 represents net invoiced sales of goods and services, excluding value added tax. The total turnover of the company for the year has been derived from the provision of goods and services falling within the company's principal activities.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Investment property

Investment properties, which comprise properties held for rental, are revalued each year to fair value (equivalent to open market value) and aggregate surplus or deficit transferred to the Fair Value Reserve.

The cost less depreciation model is used only if fair value cannot be measured reliably without undue cost or effort. No provision is made for depreciation of investment properties. This is a departure from the requirements of the Regulations, which require all properties to be depreciated, is in the opinion of the Directors, necessary for Financial Statement to show a true and fair view in accordance with applicable accounting standards. If this departure had not been made, the profit for the financial year would have been reduced by depreciation. However, the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

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

As of 31 March 2025, the Company's current liabilities exceed its current assets. This condition indicates the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.The directors have assessed the situation and is confident in the Company's ability to continue as a going concern due to financial support provided by the associated companies. The directors have confirmed their commitment and that of the associated companies to provide the necessary financial support to meet the Company's obligations as when they fall due, hence the financial statements have prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

250,000

AMORTISATION

At 1 April 2024

25,000

Amortisation for year

25,000

At 31 March 2025

50,000

NET BOOK VALUE

At 31 March 2025

200,000

At 31 March 2024

225,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

102,815

11,830

1,772

116,417

Additions

-

5,250

-

5,250

At 31 March 2025

102,815

17,080

1,772

121,667

DEPRECIATION

At 1 April 2024

25,704

1,479

600

27,783

Charge for year

19,278

3,244

387

22,909

At 31 March 2025

44,982

4,723

987

50,692

NET BOOK VALUE

At 31 March 2025

57,833

12,357

785

70,975

At 31 March 2024

77,111

10,351

1,172

88,634

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

660,000

NET BOOK VALUE

At 31 March 2025

660,000

At 31 March 2024

660,000

The Investment Property was revalued by the director to fair value (equivalent to open market value) as at 31 March 2025. The company directors, as required by FRS 102, to remeasure all Investment properties to fair value as at the balance sheet date. They have assessed the fair value based on properties of similar in nature and in the same surrounding areas where the property is located. After the assessment, substantiated by the information gathered, the director concluded that there were no significant movement in the market price to be reported and values to be equal to amount reported last year.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

36,000

2,970

Amounts owed by associates

483,387

193,610

Other debtors

643,891

450,534

1,163,278

647,114

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

136,799

401,557

Amounts owed to associates

1,300,264

240,551

Taxation and social security

15,207

5,306

Other creditors

639,517

948,103

2,091,787

1,595,517

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary shares

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

27,003

Profit for the year

3,629

At 31 March 2025

30,632

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Hayford Doh FCCA (Senior Statutory Auditor)

for and on behalf of Ashford Louis

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company received a commercial rent totalling £31,433 (2024 : £44,325) from Sciom Limited. The Company was also provided with research and development consultancy services totalling £1,635,000 (2024 : £396,000) by Orbit Pharma Limited. All these companies are connected by a common directorship.

At the balance sheet date, the company owed £1,300,264 (2024 : £226,255) to Orbit Pharma Limited; and was owed £40,689 (2023 : £14,296; owed to) by Sciom Limited. The company was also owed £442,098 (2024 : £193,610) by Topia Life Sciences Limited.

At the balance sheet date, the company owed £356,708 (2024 : £574,994) to its directors.