1 July 2023 false No description of principal activity Taxfiler 2024.6 09675330business:PrivateLimitedCompanyLtd2023-07-012024-06-30 096753302023-06-30 096753302023-07-012024-06-30 09675330business:AuditExemptWithAccountantsReport2023-07-012024-06-30 09675330business:FilletedAccounts2023-07-012024-06-30 096753302024-06-30 09675330business:Director12023-07-012024-06-30 09675330business:Director22023-07-012024-06-30 09675330business:RegisteredOffice2023-07-012024-06-30 096753302023-06-30 09675330core:WithinOneYear2024-06-30 09675330core:WithinOneYear2023-06-30 09675330core:AfterOneYear2024-06-30 09675330core:AfterOneYear2023-06-30 09675330core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 09675330core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 09675330core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 09675330core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 09675330core:PreviouslyStatedAmount2024-06-30 09675330core:PreviouslyStatedAmount2023-06-30 09675330business:SmallEntities2023-07-012024-06-30 09675330countries:EnglandWales2023-07-012024-06-30 09675330core:PlantMachinery2023-07-012024-06-30 09675330core:FurnitureFittings2023-07-012024-06-30 09675330core:ComputerEquipment2023-07-012024-06-30 09675330core:PlantMachinery2023-06-30 09675330core:FurnitureFittings2023-06-30 09675330core:ComputerEquipment2023-06-30 09675330core:PlantMachinery2024-06-30 09675330core:FurnitureFittings2024-06-30 09675330core:ComputerEquipment2024-06-30 09675330core:PlantMachinerycore:LeasedAssetsHeldAsLessee2024-06-30 09675330core:PlantMachinerycore:LeasedAssetsHeldAsLessee2023-06-30 09675330business:OrdinaryShareClass12023-07-012024-06-30 09675330business:OrdinaryShareClass12022-07-012023-06-30 09675330core:BetweenOneFiveYears2024-06-30 09675330core:BetweenOneFiveYears2023-06-30 096753302022-07-012023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09675330 (England and Wales)
BIOAPP SOLUTIONS LIMITED Unaudited accounts for the year ended 30 June 2024
BIOAPP SOLUTIONS LIMITED Unaudited accounts Contents
Page
- 2 -
BIOAPP SOLUTIONS LIMITED Company Information for the year ended 30 June 2024
Directors
J Allanson M Abrar
Company Number
09675330 (England and Wales)
Registered Office
2A LOW CATTON ROAD STAMFORD BRIDGE EAST YORKSHIRE YO41 1DQ ENGLAND
Accountants
EK Accounting & Tax Services Limited Fusion@Magna Business Centre, Unit 23 Magna Way Rotherham S60 1FE
- 3 -
BIOAPP SOLUTIONS LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
314,508 
204,853 
Current assets
Debtors
124,354 
117,645 
Cash at bank and in hand
464,038 
211,929 
588,392 
329,574 
Creditors: amounts falling due within one year
(141,942)
(40,226)
Net current assets
446,450 
289,348 
Total assets less current liabilities
760,958 
494,201 
Creditors: amounts falling due after more than one year
(63,752)
(32,500)
Net assets
697,206 
461,701 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
697,204 
461,699 
Shareholders' funds
697,206 
461,701 
For the year ending 30 June 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 23 August 2024 and were signed on its behalf by
J Allanson Director Company Registration No. 09675330
- 4 -
BIOAPP SOLUTIONS LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
BIOAPP SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09675330. The registered office is 2A LOW CATTON ROAD, STAMFORD BRIDGE, EAST YORKSHIRE, YO41 1DQ, ENGLAND.
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
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
- 5 -
BIOAPP SOLUTIONS LIMITED Notes to the Accounts for the year ended 30 June 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Grants
Grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
328,570 
12,039 
16,739 
357,348 
Additions
227,377 
761 
4,725 
232,863 
At 30 June 2024
555,947 
12,800 
21,464 
590,211 
Depreciation
At 1 July 2023
136,981 
6,501 
9,013 
152,495 
Charge for the year
118,520 
1,575 
3,113 
123,208 
At 30 June 2024
255,501 
8,076 
12,126 
275,703 
Net book value
At 30 June 2024
300,446 
4,724 
9,338 
314,508 
At 30 June 2023
191,589 
5,538 
7,726 
204,853 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
166,888 
141,600 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,386 
- 
Trade debtors
23,759 
2,808 
Other debtors
99,209 
114,837 
124,354 
117,645 
- 6 -
BIOAPP SOLUTIONS LIMITED Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
- 
Obligations under finance leases and hire purchase contracts
83,549 
- 
Taxes and social security
4,662 
4,886 
Other creditors
492 
- 
Loans from directors
34,040 
34,040 
Accruals
9,199 
1,300 
141,942 
40,226 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,500 
32,500 
Obligations under finance leases and hire purchase contracts
51,252 
- 
63,752 
32,500 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 June 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
14,332 
23,329 
Later than one year and not later than five years
18,517 
32,849 
32,849 
56,178 
10
Transactions with related parties
Within other debtors is an amount owed to Bioapp Holdings Limited of £90,000 (2023: £90,000) a company that the directors are shareholders of. The registered office is 2a Low Catton Road, Stamford Bridge, York, England, YO41 1DQ.
11
Average number of employees
During the year the average number of employees was 7 (2023: 7).
- 7 -