CORTECH HOLDINGS LIMITED

CORTECH HOLDINGS LIMITED

CORTECH HOLDINGS LIMITED - Company Information

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CORTECH HOLDINGS LIMITED

Company Registration Number:
12935444 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2022

Period of accounts

Start date: 01 July 2021

End date: 30 June 2022

CORTECH HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2022

Balance sheet
Notes

CORTECH HOLDINGS LIMITED

Balance sheet

As at 30 June 2022


Notes
2022
9 months to 30 June 2021


£
£
Fixed assets
Intangible assets: 3 458,416 509,474
Tangible assets: 4 531 3,094
Total fixed assets: 458,947 512,568
Current assets
Stocks: 57,788 16,353
Debtors: 5 26,633 12,365
Cash at bank and in hand: 61,504 5,574
Total current assets: 145,925 34,292
Creditors: amounts falling due within one year:   (156,002) (123,288)
Net current assets (liabilities): (10,077) (88,996)
Total assets less current liabilities: 448,870 423,572
Creditors: amounts falling due after more than one year:   (667,461) (435,000)
Total net assets (liabilities): (218,591) (11,428)
Capital and reserves
Called up share capital: 508,840 485,840
Share premium account: 92,000
Profit and loss account: (819,431) (497,268)
Shareholders funds: (218,591) (11,428)

The notes form part of these financial statements

CORTECH HOLDINGS LIMITED

Balance sheet statements

For the year ending 30 June 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 July 2022
and signed on behalf of the board by:

Name: Richard Varney
Status: Director

The notes form part of these financial statements

CORTECH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CORTECH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

2. Employees

2022 9 months to 30 June 2021
Average number of employees during the period 3 3

CORTECH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

3. Intangible Assets

Total
Cost £
At 01 July 2021 510,538
At 30 June 2022 510,538
Amortisation
At 01 July 2021 1,064
Charge for year 51,058
At 30 June 2022 52,122
Net book value
At 30 June 2022 458,416
At 30 June 2021 509,474

CORTECH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

4. Tangible Assets

Total
Cost £
At 01 July 2021 28,056
At 30 June 2022 28,056
Depreciation
At 01 July 2021 24,962
Charge for year 2,563
At 30 June 2022 27,525
Net book value
At 30 June 2022 531
At 30 June 2021 3,094

CORTECH HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

5. Debtors

2022 9 months to 30 June 2021
££
Debtors due after more than one year: 0 0