1 April 2023 false No description of principal activity Taxfiler 2024.5 11834573business:PrivateLimitedCompanyLtd2023-04-012024-03-31 118345732023-03-31 118345732023-04-012024-03-31 11834573business:AuditExemptWithAccountantsReport2023-04-012024-03-31 11834573business:FilletedAccounts2023-04-012024-03-31 118345732024-03-31 11834573business:Director12023-04-012024-03-31 11834573business:Director22023-04-012024-03-31 11834573business:Director32023-04-012024-03-31 11834573business:Director42023-04-012024-03-31 11834573business:Director52023-04-012024-03-31 11834573business:CompanySecretary12023-04-012024-03-31 11834573business:RegisteredOffice2023-04-012024-03-31 118345732023-03-31 11834573core:WithinOneYear2024-03-31 11834573core:WithinOneYear2023-03-31 11834573core:AfterOneYear2024-03-31 11834573core:AfterOneYear2023-03-31 11834573core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 11834573core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11834573core:SharePremiumcore:PreviouslyStatedAmount2024-03-31 11834573core:SharePremiumcore:PreviouslyStatedAmount2023-03-31 11834573core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 11834573core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11834573core:PreviouslyStatedAmount2024-03-31 11834573core:PreviouslyStatedAmount2023-03-31 11834573business:SmallEntities2023-04-012024-03-31 11834573countries:EnglandWales2023-04-012024-03-31 11834573core:ComputerEquipment2023-04-012024-03-31 11834573core:ComputerEquipment2023-03-31 11834573core:ComputerEquipment2024-03-31 11834573core:WithinOneYear2023-04-012024-03-31 11834573core:AfterOneYear2023-04-012024-03-31 118345732022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11834573 (England and Wales)
Presymptom Health Limited Unaudited accounts for the year ended 31 March 2024
Presymptom Health Limited Unaudited accounts Contents
Page
- 2 -
Presymptom Health Limited Company Information for the year ended 31 March 2024
Directors
Tito Adolfo Bacarese-Hamilton Simon Paul Earwicker Mark Gostock Iain David Miller Nadia Whittley
Secretary
MBM Secretarial Services Ltd
Company Number
11834573 (England and Wales)
Registered Office
1 Aire Street Leeds LS1 4PR United Kingdom
Accountants
Forest Edge Accountancy 2 Appletree Close Redlynch Salisbury Wiltshire SP5 2JG
- 3 -
Presymptom Health Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
694 
- 
Current assets
Debtors
2,925 
417,908 
Cash at bank and in hand
1,028,953 
276,060 
1,031,878 
693,968 
Creditors: amounts falling due within one year
(69,096)
(270,828)
Net current assets
962,782 
423,140 
Total assets less current liabilities
963,476 
423,140 
Creditors: amounts falling due after more than one year
(1,026,986)
- 
Net (liabilities)/assets
(63,510)
423,140 
Capital and reserves
Called up share capital
136 
136 
Share premium
622,558 
622,558 
Profit and loss account
(686,204)
(199,554)
Shareholders' funds
(63,510)
423,140 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by
Iain David Miller Director Company Registration No. 11834573
- 4 -
Presymptom Health Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Presymptom Health Limited is a private company, limited by shares, registered in England and Wales, registration number 11834573. The registered office is 1 Aire Street, Leeds, LS1 4PR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Consultancy Fees
During the year consultancy fees of £253,116 were paid. The largest payments were paid to Granted Consultancy Limited for £59,070 and Portsmouth Hospital for £50,000.
Other Legal and Professional
These fees are expenses relating to Clinical Trials (£275,365).
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
- 
Additions
1,041 
At 31 March 2024
1,041 
Depreciation
Charge for the year
347 
At 31 March 2024
347 
Net book value
At 31 March 2024
694 
- 5 -
Presymptom Health Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
406,223 
Accrued income and prepayments
864 
91 
Other debtors
2,061 
11,594 
2,925 
417,908 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(37,343)
100,720 
Trade creditors
90,654 
136,115 
Taxes and social security
10,891 
10,627 
Other creditors
4,144 
21,755 
Accruals
750 
1,611 
69,096 
270,828 
UK Innovation & Science Seed Fund LP has provided a loan to the company of £1,708. This remains unpaid as at the year end.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
1,026,986 
- 
During the year, a convertible loan note instrument was created.
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
- 6 -