REGISTERED NUMBER: |
ZYMOT FERTILITY UK LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
21 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
REGISTERED NUMBER: |
ZYMOT FERTILITY UK LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
21 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
ZYMOT FERTILITY UK LIMITED (REGISTERED NUMBER: 13928824) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 21 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
ZYMOT FERTILITY UK LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 21 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ZYMOT FERTILITY UK LIMITED (REGISTERED NUMBER: 13928824) |
BALANCE SHEET |
28 FEBRUARY 2023 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
ZYMOT FERTILITY UK LIMITED (REGISTERED NUMBER: 13928824) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 21 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
1. | STATUTORY INFORMATION |
Zymot Fertility UK Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. |
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1. |
The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Turnover |
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically dispatched to the customer. |
Taxation |
Taxation for the period 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. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
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. |
ZYMOT FERTILITY UK LIMITED (REGISTERED NUMBER: 13928824) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 21 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
2. | ACCOUNTING POLICIES - continued |
Financial assets |
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. |
Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. |
Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
Financial liabilities |
Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. |
Equity instruments |
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Amounts owed by group undertakings |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Taxation and social security |
Other creditors |
6. | ULTIMATE CONTROLLING PARTY |
The directors consider the ultimate parent undertaking to be Zymot Fertility Inc, a company incorporated under the laws of the state of Maryland, USA. These accounts are available from Zymot Fertility Inc, 401 Professional Drive, Suite 130, Gaithersburg, MD 20879, USA. |