Ss Livity Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08979849 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Ss Livity Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr S S Sadana

SECRETARY:

REGISTERED OFFICE:

130 Trotwood

Chigwell

IG7 5JW

REGISTERED NUMBER:

08979849 (England and Wales)

ACCOUNTANTS:

Clear Book Accountants

1C Bourn Court

Southend Road

Woodford Green

Ilford

Essex

IG8 8HD

FIXED ASSETS

Tangible assets

4

16,110

-

Investments

5

15,000

-

31,110

-

CURRENT ASSETS

Debtors

6

24,229

48,028

Cash at bank

3,538

6,019

27,767

54,047

CREDITORS

Amounts falling due within one year

7

46,262

35,928

NET CURRENT (LIABILITIES)/ASSETS

(18,495

)

18,119

TOTAL ASSETS LESS CURRENT LIABILITIES

12,615

18,119

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

12,614

18,118

12,615

18,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 17 June 2022 and were signed by:

Dr S S Sadana - Director

1.	STATUTORY INFORMATION

Ss Livity 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

18,953

At 31 March 2022

18,953

DEPRECIATION

Charge for year

2,843

At 31 March 2022

2,843

NET BOOK VALUE

At 31 March 2022

16,110

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

15,000

At 31 March 2022

15,000

NET BOOK VALUE

At 31 March 2022

15,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade debtors

21,729

48,028

Other debtors

2,500

-

24,229

48,028

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade creditors

(1

)

1

Taxation and social security

2,935

8,723

Other creditors

43,328

27,204

46,262

35,928