Registered number
05823626
The Fertility Support Company Limited
Unaudited Filleted Accounts
31 March 2024
The Fertility Support Company Limited
Registered number: 05823626
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 5,612 8,397
Tangible assets 4 7 9
5,619 8,406
Current assets
Debtors 5 43,282 43,282
Cash at bank and in hand 7,707 6,811
50,989 50,093
Creditors: amounts falling due within one year 6 (13,164) (39,387)
Net current assets 37,825 10,706
Net assets 43,444 19,112
Capital and reserves
Called up share capital 2 2
Profit and loss account 43,442 19,110
Shareholder's funds 43,444 19,112
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Naava Carman
Naava Carman
Director
Approved by the board on 27 August 2024
The Fertility Support Company Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Goodwill Patents and Licences Total
Cost
At 1 April 2023 53,260 2,424 55,684
At 31 March 2024 53,260 2,424 55,684
Amortisation
At 1 April 2023 29,293 1,284 47,287
Provided during the year 2,663 122 2,785
At 31 March 2024 31,956 1,406 50,072
Net book value
At 31 March 2024 21,304 1,018 5,612
At 31 March 2023 23,967 1,140 8,397
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 500
At 31 March 2024 500
Depreciation
At 1 April 2023 491
Charge for the year 2
At 31 March 2024 493
Net book value
At 31 March 2024 7
At 31 March 2023 9
5 Debtors 2024 2023
£ £
Other debtors 43,282 43,282
6 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 6,361 4,743
Other creditors 6,803 34,644
13,164 39,387
7 Called up share capital
Allotted, issued and fully paid
Number Class Nominal 31.03.2024 31.03.2023
Value
2 Ordinary 2 2 2
8 Other information
The Fertility Support Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
Staple House
5 Eleanor's Cross
Dunstable
Bedfordshire
LU6 1SU
The company is controlled by N Carman.
The Fertility Support Company Limited 05823626 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 Naava Carman No description of principal activity 05823626 2022-04-01 2023-03-31 05823626 core:WithinOneYear 2023-03-31 05823626 core:ShareCapital 2023-03-31 05823626 core:RetainedEarningsAccumulatedLosses 2023-03-31 05823626 2023-04-01 2024-03-31 05823626 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05823626 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05823626 bus:Director40 2023-04-01 2024-03-31 05823626 1 2023-04-01 2024-03-31 05823626 2 2023-04-01 2024-03-31 05823626 core:Goodwill 2023-04-01 2024-03-31 05823626 core:PlantMachinery 2023-04-01 2024-03-31 05823626 countries:England 2023-04-01 2024-03-31 05823626 bus:FRS102 2023-04-01 2024-03-31 05823626 bus:FilletedAccounts 2023-04-01 2024-03-31 05823626 2024-03-31 05823626 core:WithinOneYear 2024-03-31 05823626 core:ShareCapital 2024-03-31 05823626 core:RetainedEarningsAccumulatedLosses 2024-03-31 05823626 core:Goodwill 2024-03-31 05823626 core:PlantMachinery 2024-03-31 05823626 2023-03-31 05823626 core:Goodwill 2023-03-31 05823626 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure