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REGISTERED NUMBER: 08532111 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CRYOPOD LIMITED

CRYOPOD LIMITED (REGISTERED NUMBER: 08532111)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CRYOPOD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr K J Benn
Mr P W Broom
Mr B J Drury
Mr G R Dale



REGISTERED OFFICE: 11 Queen Street
Ulverston
Cumbria
LA12 7AF



REGISTERED NUMBER: 08532111 (England and Wales)



BANKERS: National Westminster Bank plc
113 Dalton Road
Barrow in Furness
Cumbria
LA14 1WY

CRYOPOD LIMITED (REGISTERED NUMBER: 08532111)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - -
Investments 6 79 79
79 79

CURRENT ASSETS
Stocks 186,160 186,160
Debtors 149,388 145,534
Cash at bank and in hand 3,518 8,775
339,066 340,469
CREDITORS
Amounts falling due within one year 282,205 277,697
NET CURRENT ASSETS 56,861 62,772
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,940

62,851

CAPITAL AND RESERVES
Called up share capital 7 248 248
Share premium 499,866 499,866
Retained earnings (443,174 ) (437,263 )
SHAREHOLDERS' FUNDS 56,940 62,851

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

CRYOPOD LIMITED (REGISTERED NUMBER: 08532111)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 13 May 2024 and were signed on its behalf by:





Mr P W Broom - Director


CRYOPOD LIMITED (REGISTERED NUMBER: 08532111)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Cryopod 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 represents net invoiced sales of goods and services, excluding VAT

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.

Development costs 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 - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 4 ).

CRYOPOD LIMITED (REGISTERED NUMBER: 08532111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 95,209
AMORTISATION
At 1 January 2023
and 31 December 2023 95,209
NET BOOK VALUE

At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 65,579
DEPRECIATION
At 1 January 2023
and 31 December 2023 65,579
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2023
and 31 December 2023 79
NET BOOK VALUE
At 31 December 2023 79
At 31 December 2022 79

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2,480 Ordinary 10p 248 248

CRYOPOD LIMITED (REGISTERED NUMBER: 08532111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Mr K J Benn
Balance outstanding at start of year 59,268 57,964
Amounts advanced 1,334 1,304
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 60,602 59,268

Interest is charged at 2.25% per annum on the balance of the loan.

The loan is secured against the directors shareholding and is repayable on demand.

9. RELATED PARTY DISCLOSURES

Cryopod Limited owns 100% of the share capital of Cryopod Inc, a subsidiary located in the United States of America. The investment is included at cost on Cryopod Limited's balance sheet.

In the year to 31 December 2023, Cryopod Ltd made sales to Cryopod Inc totalling £
Nil (2022: £Nil).

At 31 December 2023 Cryopod Limited had loaned Cryopod Inc £5,367 (2022: £3,867). The loan is unsecured and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

There was no single controlling party in the period.