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REGISTERED NUMBER: 07136436 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

CAMBIVAC LIMITED

CAMBIVAC LIMITED (REGISTERED NUMBER: 07136436)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAMBIVAC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: G C Austin
A P A Mockett
T D K Brown
Z Penzes
S J I Seneque





REGISTERED OFFICE: Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH





REGISTERED NUMBER: 07136436 (England and Wales)





ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH

CAMBIVAC LIMITED (REGISTERED NUMBER: 07136436)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 38,388 39,004
38,388 39,004

CURRENT ASSETS
Debtors 6 126,611 310,942
Cash at bank and in hand 350,955 97,670
477,566 408,612
CREDITORS
Amounts falling due within one year 7 36,229 28,594
NET CURRENT ASSETS 441,337 380,018
TOTAL ASSETS LESS CURRENT
LIABILITIES

479,725

419,022

PROVISIONS FOR LIABILITIES 9 7,294 7,411
NET ASSETS 472,431 411,611

CAPITAL AND RESERVES
Called up share capital 10 10 10
Retained earnings 472,421 411,601
SHAREHOLDERS' FUNDS 472,431 411,611

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

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

The directors acknowledge their 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.

CAMBIVAC LIMITED (REGISTERED NUMBER: 07136436)

BALANCE SHEET - continued
31 DECEMBER 2022


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





G C Austin - Director


CAMBIVAC LIMITED (REGISTERED NUMBER: 07136436)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022


1. STATUTORY INFORMATION

Cambivac Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 50% on cost and 25% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

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.

CAMBIVAC LIMITED (REGISTERED NUMBER: 07136436)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2022
and 31 December 2022 150,000
AMORTISATION
At 1 January 2022
and 31 December 2022 150,000
NET BOOK VALUE
At 31 December 2022 -
At 31 December 2021 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2022 168,310 13,124 13,380 194,814
Additions - 1,124 1,652 2,776
At 31 December 2022 168,310 14,248 15,032 197,590
DEPRECIATION
At 1 January 2022 134,640 10,527 10,643 155,810
Charge for year 593 639 2,160 3,392
At 31 December 2022 135,233 11,166 12,803 159,202
NET BOOK VALUE
At 31 December 2022 33,077 3,082 2,229 38,388
At 31 December 2021 33,670 2,597 2,737 39,004

CAMBIVAC LIMITED (REGISTERED NUMBER: 07136436)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors - 209,763
Other debtors 126,611 101,179
126,611 310,942

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 7,902 20,357
Taxation and social security 20,999 6,201
Other creditors 7,328 2,036
36,229 28,594

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2022 2021
£    £   
Within one year 69,345 61,640

The amount stated here is the annual commitment should the lease be renewed on or after 09 August 2023 which is the end date of the current lease at the year end date.

9. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 7,294 7,411

Deferred
tax
£   
Balance at 1 January 2022 7,411
Provided during year (117 )
Balance at 31 December 2022 7,294

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
870 Ordinary £0.01 10 10
30 A Ordinary £0.01 - -
10 10

CAMBIVAC LIMITED (REGISTERED NUMBER: 07136436)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


10. CALLED UP SHARE CAPITAL - continued

During the period, a repayment out of distributable reserves was made totalling £90,000. This represented the repurchase of 100 of the £0.01 Ordinary Shares, but rather than cancelling these shares and creating a Capital Redemption Reserve, these shares are now held in Treasury and can be re-issued at a later date.

11. RELATED PARTY DISCLOSURES

There were no material transactions with related parties that were not concluded under normal market conditions.