for the Period Ended 30 November 2024
Company Information - 3 | |
Report of the Directors - 4 | |
Balance sheet - 5 | |
Additional notes - 7 |
for the Period Ended 30 November 2024
Director: |
|
|
|
||
Registered office: |
England |
|
Company Registration Number: |
|
|
The directors present their report with the financial statements of the company for the period ended 30 November 2024
Directors
The directors shown below have held office during the whole of the period from 15 November 2023 to 30 November 2024
The company was dormant and did not trade in the period.
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
As at
Notes |
13 months to 30 Nov 2024 £ |
|
---|---|---|
Fixed assets | ||
Total fixed assets: | - | |
Current assets | ||
Cash at bank and in hand: |
|
|
Total current assets: |
|
|
Net current assets (liabilities): |
|
|
Total assets less current liabilities: |
|
|
Total net assets (liabilities): |
|
The notes form part of these financial statements
As at 30 November 2024
Notes |
13 months to 30 Nov 2024 £ |
|
---|---|---|
Capital and reserves | ||
Called up share capital: |
|
|
Shareholders funds: |
|
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 November 2024
Basis of measurement and preparation
Turnover policy
This policy outlines the turnover restrictions for BioChill (UK) Ltd, a dormant company registered in the UK. The company remains dormant as defined by Companies House and HMRC, meaning it has no significant accounting transactions during the financial year.
2. Definition of Dormancy
A company is considered dormant if:
It has no significant transactions recorded in its accounting records (excluding mandatory filings such as Companies House fees, penalties, or share transactions).
It is not actively trading and has no business income, expenses, or corporation tax liabilities.
3. Turnover Restrictions
To maintain dormant status, BioChill (UK) Ltd:
Must not generate any income (turnover) from sales, services, investments, or other business activities.
Must not issue invoices, receive payments from customers, or enter into sales agreements.
Must not engage in financial transactions that affect the company’s profit and loss statement.
4. Permitted Transactions
The following transactions do not count as turnover and will not affect dormant status:
Filing fees paid to Companies House
Penalties or fines imposed by Companies House
Payments for share issuance or share capital movements
Bank interest (only if no other transactions occur)
5. Bank Account Management
BioChill (UK) Ltd may hold a bank account, but no deposits or withdrawals should be made, except for permitted transactions.
Any funds contributed by BioChill’s parent company or directors should be recorded as shareholder funds or loan capital to avoid misclassification as turnover.
6. Maintaining Dormant Status
To remain dormant, BioChill (UK) Ltd must: File Dormant Company Accounts (DCA) annually with Companies House.
Notify HMRC that the company is dormant to avoid corporation tax filings.
Avoid business activities that generate income or require VAT registration.
7. Review & Compliance
This policy will be reviewed annually to ensure continued compliance with UK regulations. Any changes in financial activity must be reported to the company directors for re-evaluation of dormant status.
for the Period Ended 30 November 2024
13 months to 30 Nov 2024 |
||
---|---|---|
Average number of employees during the period |
|
for the Period Ended 30 November 2024
for the Period Ended 30 November 2024
Name of director receiving advance or credit: |
|
Description of the transaction: | |
|
|
Advances or credits made: |
|
Advances or credits repaid: |
|
Balance at 30 November 2024 |
|