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REGISTERED NUMBER: 07756576 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 June 2024

for

Autologyx Ltd

Autologyx Ltd (Registered number: 07756576)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Autologyx Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: SD Bullock
B Stoneham
RL Hargreaves
B Wightwick





SECRETARY: H Jackson





REGISTERED OFFICE: 1 Chancery Lane
London
WC2A 1LF





REGISTERED NUMBER: 07756576 (England and Wales)





ACCOUNTANTS: Jacksons Accountants (Ascot) Limited
The Old Bakehouse
Course Road
Ascot
Berkshire
SL5 7HL

Autologyx Ltd (Registered number: 07756576)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,457 5,098

CURRENT ASSETS
Debtors 5 152,424 271,852
Cash at bank 236,592 436,999
389,016 708,851
CREDITORS
Amounts falling due within one year 6 803,079 859,535
NET CURRENT LIABILITIES (414,063 ) (150,684 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(412,606

)

(145,586

)

CREDITORS
Amounts falling due after more than one
year

7

115,648

181,204
NET LIABILITIES (528,254 ) (326,790 )

CAPITAL AND RESERVES
Called up share capital 920,558 863,608
Share premium 5,533,582 5,248,933
Retained earnings (6,982,394 ) (6,439,331 )
SHAREHOLDERS' FUNDS (528,254 ) (326,790 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Autologyx Ltd (Registered number: 07756576)

Statement of Financial Position - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by:





SD Bullock - Director


Autologyx Ltd (Registered number: 07756576)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Autologyx Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future based on current forecasts. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, as adjusted for deferred income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office & computer equipment - 20-33% on cost
Furniture & fixtures - 20-33% on cost
Website - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

Autologyx Ltd (Registered number: 07756576)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Office &
computer Furniture
equipment & fixtures Website Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 86,427 29,304 51,032 166,763
DEPRECIATION
At 1 July 2023 81,329 29,304 51,032 161,665
Charge for year 3,641 - - 3,641
At 30 June 2024 84,970 29,304 51,032 165,306
NET BOOK VALUE
At 30 June 2024 1,457 - - 1,457
At 30 June 2023 5,098 - - 5,098

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 61,860 21,150
Other debtors 90,564 250,702
152,424 271,852

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts (see note 8) 10,000 10,000
Other loan (see note 8) 55,556 55,556
Trade creditors 68,350 201,102
Social security and other taxes 68,603 49,673
Other creditors 8,851 79,369
Deferred income 538,980 405,352
Accruals 52,739 58,483
803,079 859,535

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans (see note 8) 9,167 19,167
Other loan (see note 8) 106,481 162,037
115,648 181,204

Autologyx Ltd (Registered number: 07756576)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£    £   
Amounts falling due within one year or on demand:
Bank loan 10,000 10,000
Other loan 55,556 55,556
65,556 65,556

Amounts falling due between two and five years:
Bank loan 9,167 19,167
Other loan 106,481 162,037
115,648 181,204

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Other loan 195,263 217,593

The other loan is secured by way of a fixed and floating charge over the assets of the company.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
B Stoneham
Balance outstanding at start of year 1,603 5,187
Amounts repaid (1,603 ) (3,584 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,603

11. POST BALANCE SHEET EVENTS

Subsequent to the year-end, a further £298,948.20 of funding was raised by way of the issue of 498,247 shares at 60p each.