Bioganix (Holdings) Ltd Filleted accounts for Companies House (small and micro)
Bioganix (Holdings) Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
12106633
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For the year ended |
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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– |
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Investments |
5 |
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------------ |
-------- |
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Current assets
Debtors |
6 |
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Cash at bank and in hand |
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– |
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------------ |
-------- |
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Creditors: amounts falling due within one year |
7 |
(
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(
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------------ |
-------- |
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Net current assets/(liabilities) |
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(
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------------ |
-------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
(
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– |
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Provisions |
(
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– |
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------------ |
-------- |
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Net assets |
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-------- |
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Capital and reserves
Called up share capital |
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Revaluation reserve |
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– |
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Profit and loss account |
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– |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
5 December 2022
, and are signed on behalf of the board by:
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Director |
Company registration number:
12106633
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Notes to the Financial Statements |
Year ended 31 March 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bonby Lane, Bonby, Brigg, North Lincolnshire, DN20 0PJ.
2.
Statement of compliance
3.
Accounting policies
(a)
Basis of preparation
(b)
Going concern
(c)
Consolidation
(d)
Revenue recognition
(e)
Tangible assets
(f)
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
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(g)
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
(h)
Provisions
(i)
Financial instruments
4.
Tangible assets
Freehold property |
Plant and machinery |
Total |
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£ |
£ |
£ |
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Cost or valuation |
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At 1 April 2021 |
– |
– |
– |
Additions |
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Disposals |
(
|
– |
(
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Revaluations |
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– |
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------------ |
------- |
------------ |
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At 31 March 2022 |
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------------ |
------- |
------------ |
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Depreciation |
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At 1 April 2021 |
– |
– |
– |
Charge for the year |
– |
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------------ |
------- |
------------ |
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At 31 March 2022 |
– |
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------------ |
------- |
------------ |
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Carrying amount |
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At 31 March 2022 |
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------------ |
------- |
------------ |
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At 31 March 2021 |
– |
– |
– |
------------ |
------- |
------------ |
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5.
Investments
Shares in group undertakings |
Shares in participating interests |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2021 and 31 March 2022 |
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-------- |
---- |
-------- |
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Impairment |
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At 1 April 2021 and 31 March 2022 |
– |
– |
– |
-------- |
---- |
-------- |
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Carrying amount |
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At 31 March 2022 |
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-------- |
---- |
-------- |
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At 31 March 2021 |
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-------- |
---- |
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6.
Debtors
2022 |
2021 |
|
£ |
£ |
|
Trade debtors |
|
– |
Amounts owed by group undertakings |
|
– |
Other debtors |
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------------ |
-------- |
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------------ |
-------- |
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The debtors above include the following amounts falling due after more than one year:
2022 |
2021 |
|
£ |
£ |
|
Amounts owed by group undertakings |
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– |
------------ |
---- |
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7.
Creditors:
amounts falling due within one year
2022 |
2021 |
|
£ |
£ |
|
Bank loans |
|
– |
Trade creditors |
|
– |
Amounts owed to group undertakings |
– |
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Corporation tax |
|
– |
Social security and other taxes |
|
– |
Other creditors |
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--------- |
-------- |
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8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
|
£ |
£ |
|
Bank loans |
|
– |
Other creditors |
|
– |
------------ |
---- |
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– |
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Included within creditors: amounts falling due after more than one year is an amount of £348,000 (2021: £Nil) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.
The bank borrowings are secured on the assets of the company.
9.
Related party transactions
The company has taken advantage of the exemptions provided in FRS 102 from reporting transactions between wholly owned members of the group.
The directors and shareholders
have made loans to the company
. At the balance sheet date the total amounts owed to the directors and shareholders was £ 3,029,783
(2021 - £nil). No interest was charged on the loans in the year. Of the loans outstanding, £nil is repayable before 31 March 2023.