Deenova UK Limited - Accounts to registrar (filleted) - small 23.1.2
Deenova UK Limited - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 |
| FOR |
| DEENOVA UK LIMITED |
| DEENOVA UK LIMITED (REGISTERED NUMBER: 07697495) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| DEENOVA UK LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2023 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| 8th Floor |
| Becket House |
| 36 Old Jewry |
| London |
| EC2R 8DD |
| DEENOVA UK LIMITED (REGISTERED NUMBER: 07697495) |
| BALANCE SHEET |
| 30 JUNE 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 |
| DEENOVA UK LIMITED (REGISTERED NUMBER: 07697495) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2023 |
| 1. | STATUTORY INFORMATION |
| Deenova UK Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statement have been prepared on a going concern basis and for that reason, the company relies on the continuing support of its creditors. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Depreciation is provided at the following annual relates in order to write off each asset over its estimated useful life. |
| Computer Equipment - Straight line over 3 years |
| Plant and Machinery - Straight line over 4 years |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| The company runs a workplace pension scheme. |
| Cash and cash equivalents |
| Cash and equivalents comprise cash in hand and current balances with banks and similar institutions, which are readily convertible to known amounts of cash. |
| Due to their nature and short-term maturity, the fair values for cash and equivalents are estimated using their carrying values. |
| DEENOVA UK LIMITED (REGISTERED NUMBER: 07697495) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2023 |
| 2. | ACCOUNTING POLICIES - continued |
| Trade debtors and creditors |
| Debtors are carried at their original invoice amount less an estimate made for any doubtful receivables based on a review of all outstanding amounts at the year end, taking into account the nature, value and age of debts. |
| Creditors are carried at their original invoice value. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Development |
| costs |
| £ |
| COST |
| At 1 July 2022 |
| and 30 June 2023 |
| AMORTISATION |
| At 1 July 2022 |
| Amortisation for year |
| At 30 June 2023 |
| NET BOOK VALUE |
| At 30 June 2023 |
| At 30 June 2022 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| Additions |
| At 30 June 2023 |
| DEPRECIATION |
| Charge for year |
| At 30 June 2023 |
| NET BOOK VALUE |
| At 30 June 2023 |
| DEENOVA UK LIMITED (REGISTERED NUMBER: 07697495) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2023 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade debtors |
| Amount owed by group undertakings |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Tax |
| Social security and other taxes |
| VAT | 134,987 | 19,178 |
| Other creditors |
| Directors' current accounts | 167 | - |
| Accrued expenses |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | RELATED PARTY DISCLOSURES |
| During the year the company traded with Deenova Srl (formerly Santa Lucia Pharma Apps Srl) a company holding shares in Deenova UK Limited. |
| 30.6.23 | 30.6.22 |
| £ | £ |
| Balance owed to Deenova Srl (formerly Santa Lucia Pharma Apps Srl) | 409,355 | 256,057 |
| During the year the company traded with Deenova Services Limited. |
| 30.6.23 | 30.6.22 |
| £ | £ |
| Balance owed from Deenova Services Limited. | 145,155 | 23,352 |
| 10. | ULTIMATE CONTROLLING PARTY |
| The direct parent company is Deenova Srl based in Italy. The ultimate controlling party is H.I.G Europe Capital Partners II L.P. based in the Cayman Islands. |