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Company Registration No. 12673643 (England and Wales)
Cellcraft Ltd. Unaudited accounts for the year ended 30 June 2024
Cellcraft Ltd. Unaudited accounts Contents
Page
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Cellcraft Ltd. Company Information for the year ended 30 June 2024
Directors
Yash Mishra Clarisse Marie Esther Beurrier
Company Number
12673643 (England and Wales)
Registered Office
167-169 Great Portland Street 5th Floor London W1W 5PF England
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Cellcraft Ltd. Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,047 
- 
Tangible assets
45,942 
36,794 
Investments
2 
- 
46,991 
36,794 
Current assets
Debtors
36,837 
77,507 
Cash at bank and in hand
1,173,417 
2,034,439 
1,210,254 
2,111,946 
Creditors: amounts falling due within one year
(26,410)
(20,824)
Net current assets
1,183,844 
2,091,122 
Net assets
1,230,835 
2,127,916 
Capital and reserves
Called up share capital
1,427 
1,427 
Share premium
3,058,184 
3,058,184 
Profit and loss account
(1,828,776)
(931,695)
Shareholders' funds
1,230,835 
2,127,916 
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 11 February 2025 and were signed on its behalf by
Yash Mishra Director Company Registration No. 12673643
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Cellcraft Ltd. Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Cellcraft Ltd. is a private company, limited by shares, registered in England and Wales, registration number 12673643. The registered office is 167-169 Great Portland Street, 5th Floor, London, W1W 5PF, 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
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.
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:
Fixtures & fittings
10 years straight line
Computer equipment
4 years straight line
Other tangible fixed assets
3 years straight line
Government grants
Government 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.
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Intangible fixed assets
Intangible fixed assets are included at cost less accumulated amortisation.
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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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Cellcraft Ltd. 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.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2023
- 
Additions
1,047 
At 30 June 2024
1,047 
Amortisation
At 1 July 2023
- 
At 30 June 2024
- 
Net book value
At 30 June 2024
1,047 
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
36,442 
2,876 
39,318 
Additions
11,869 
6,090 
17,959 
At 30 June 2024
48,311 
8,966 
57,277 
Depreciation
At 1 July 2023
2,464 
60 
2,524 
Charge for the year
6,584 
2,227 
8,811 
At 30 June 2024
9,048 
2,287 
11,335 
Net book value
At 30 June 2024
39,263 
6,679 
45,942 
At 30 June 2023
33,978 
2,816 
36,794 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 July 2023
- 
Additions
2 
Valuation at 30 June 2024
2 
Investments in subsidiaries are stated at cost less any provision for impairment. The company assesses at each reporting date whether an investment may be impaired and records an impairment loss if necessary.
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Cellcraft Ltd. Notes to the Accounts for the year ended 30 June 2024
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
30,547 
65,667 
Amounts due from group undertakings etc.
3,290 
- 
Other debtors
3,000 
11,840 
36,837 
77,507 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
7,023 
3,343 
Taxes and social security
19,116 
16,916 
Other creditors
271 
565 
26,410 
20,824 
9
Average number of employees
During the year the average number of employees was 11 (2023: 9).
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