For the financial period ended 31 October 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 of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

Eliv Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Heathwell House, Stone Lane, Colchester, Essex, England, C05 0PR.

The company was incorporated on 23 October 2024. As such, the accounting period is not equal to one year and will not be wholly comparable to future periods.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the period was:

Included within other creditors are 15,000 redeemable preference shares of £1 each.

The A ordinary shares have the right to vote and to receive dividends declared on the A ordinary shares. The A ordinary shares have a right to participate on a return of capital after payment of the amounts due to the holders of the preference shares in accordance with the provisions of article 14.15. The A ordinary shares are non-redeemable.

The B ordinary shares have the right to vote and to receive dividends declared on the B ordinary shares. The B ordinary shares have a right to participate on a return of capital after payment of the amounts due to the holders of the preference shares in accordance with the provisions of article 14.15. The B ordinary shares are non-redeemable.

The C ordinary shares have no right to vote but have the right to receive dividends declared on the C ordinary shares. The C ordinary shares have a right to participate on a return of capital after payment of the amounts due to the holders of the preference shares in accordance with the provisions of article 14.15. The C ordinary shares are non-redeemable.

The D ordinary shares have no right to vote but have the right to receive dividends declared on the D ordinary shares. The D ordinary shares have a right to participate on a return of capital after payment of the amounts due to the holders of the preference shares in accordance with the provisions of article 14.15. The D ordinary shares are non-redeemable.

The Deferred shares have no right to vote or to receive dividends or participate in any other distribution of the company's profit. On a return of capital, the deferred shares shall have, subject to the repayment of £10,000,000 per ordinary share, the right to repayment of the capital paid up on the deferred shares in accordance with article 14.15 of the company's articles of association but shall have no further rights of participation in the assets of the company.

Additionally, the company has in issue 15,000 redeemable preference shares of £1 each, classified as liabilities. These preference shares have no right to vote but are entitled to a fixed, cumulative, preferential dividend at an annual rate of 0.5% of the nominal value per preference share. Save for the fixed dividend, the preference shares shall have no right to participate in any dividend or distribution of the profits of the company. On a return of capital, the holders of preference shares shall be entitled to receive all unpaid arrears and accruals of the fixed dividend and to receive the nominal value of the preference shares in priority to any distributions made on any other class of share in accordance with article 14.15. The preference shares are redeemable.