Registration number:
Oblivion Elixir Ltd
for the
Period from 7 October 2024 to 31 October 2025
Oblivion Elixir Ltd
Company Information
|
Director |
Miss Malika Bagai |
|
Registered office |
|
Oblivion Elixir Ltd
(Registration number: 16001121)
Balance Sheet as at 31 October 2025
|
Note |
2025 |
|
|
Fixed assets |
||
|
Intangible assets |
|
|
|
Current assets |
||
|
Cash at bank and in hand |
|
|
|
Creditors: Amounts falling due within one year |
( |
|
|
Net current liabilities |
( |
|
|
Net liabilities |
( |
|
|
Capital and reserves |
||
|
Called up share capital |
1 |
|
|
Retained earnings |
(20,685) |
|
|
Shareholders' deficit |
(20,684) |
Director's responsibilities:
|
• |
|
|
• |
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
|
......................................... |
For the financial period ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Oblivion Elixir Ltd
Statement of Changes in Equity for the Period from 7 October 2024 to 31 October 2025
|
Share capital |
Retained earnings |
Total |
|
|
Loss for the year |
- |
( |
( |
|
New share capital subscribed |
|
- |
|
|
At 31 October 2025 |
|
( |
( |
Oblivion Elixir Ltd
Notes to the Unaudited Financial Statements for the Period from 7 October 2024 to 31 October 2025
|
General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.
Intangible assets
Separately acquired trademarks and licences are shown at historical cost.
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.
Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
|
Asset class |
Amortisation method and rate |
|
Trademarks, patents and licenses |
10 years |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Oblivion Elixir Ltd
Notes to the Unaudited Financial Statements for the Period from 7 October 2024 to 31 October 2025
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
|
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Oblivion Elixir Ltd
Notes to the Unaudited Financial Statements for the Period from 7 October 2024 to 31 October 2025
|
Intangible assets |
|
Trademarks, patents and licenses |
Total |
|
|
Cost or valuation |
||
|
Additions |
|
|
|
At 31 October 2025 |
|
|
|
Amortisation |
||
|
Amortisation charge |
|
|
|
At 31 October 2025 |
|
|
|
Carrying amount |
||
|
At 31 October 2025 |
|
|
|
Creditors |
Creditors: amounts falling due within one year
|
2025 |
|
|
Due within one year |
|
|
Accruals and deferred income |
|
|
Director loan account |
23,590 |
|
|
|
Share capital |
Allotted, called up and fully paid shares
|
2025 |
||
|
No. |
£ |
|
|
|
|
1 |