COMPANY REGISTRATION NUMBER:
10886882
Bioganix (Welland) Limited |
|
Unaudited Financial Statements |
|
Bioganix (Welland) Limited |
|
Year ended 31 March 2023
The directors present their report and the unaudited financial statements of the company for the year ended
31 March 2023
.
Principal activities
The principal activity of the company during the 2021 year was that of waste disposal, digestate recycling, treatment for oil recovery and energy generation. The company ceased trading on 31 March 2021 and has remained dormant since that date.
Directors
The directors who served the company during the year were as follows:
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
15 March 2024
and signed on behalf of the board by:
Registered office: |
Bonby Lane |
Bonby |
Brigg |
North Lincolnshire |
DN20 0PJ |
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Bioganix (Welland) Limited |
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Statement of Financial Position |
|
31 March 2023
Current assets
Debtors |
4 |
100 |
|
100 |
|
---- |
|
---- |
Net current assets |
|
100 |
100 |
|
|
---- |
---- |
Total assets less current liabilities |
|
100 |
100 |
|
|
---- |
---- |
|
|
|
|
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Capital and reserves
Called up share capital |
|
100 |
100 |
|
|
---- |
---- |
Shareholders funds |
|
100 |
100 |
|
|
---- |
---- |
|
|
|
|
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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
.
These financial statements were approved by the
board of directors
and authorised for issue on
15 March 2024
, and are signed on behalf of the board by:
Company registration number:
10886882
Bioganix (Welland) Limited |
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Notes to the Financial Statements |
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Year ended 31 March 2023
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
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
(a)
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b)
Current and deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
(c)
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities
.
4.
Debtors
|
2023 |
2022 |
|
£ |
£ |
Amounts owed by group undertakings |
100 |
100 |
|
---- |
---- |
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|
|
5.
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.
6.
Controlling party
For the entire period, the parent company was
Bioganix Ltd
, a company registered in England and Wales. The registered office address of Bioganix Ltd is Bonby Lane, Bonby, Brigg, North Lincolnshire, DN20 0PJ.