REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
17TH MARCH 2023 TO 31ST MARCH 2024 |
FOR |
FOVEO FERTILITY LTD |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
17TH MARCH 2023 TO 31ST MARCH 2024 |
FOR |
FOVEO FERTILITY LTD |
FOVEO FERTILITY LTD (REGISTERED NUMBER: 14739172) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 17TH MARCH 2023 TO 31ST MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
FOVEO FERTILITY LTD |
COMPANY INFORMATION |
FOR THE PERIOD 17TH MARCH 2023 TO 31ST MARCH 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants and Statutory Auditor |
1 & 2 Mercia Village |
Torwood Close |
Westwood Business Park |
Coventry |
West Midlands |
CV4 8HX |
FOVEO FERTILITY LTD (REGISTERED NUMBER: 14739172) |
BALANCE SHEET |
31ST MARCH 2024 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
The financial statements were approved by the director and authorised for issue on |
FOVEO FERTILITY LTD (REGISTERED NUMBER: 14739172) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 17TH MARCH 2023 TO 31ST MARCH 2024 |
1. | STATUTORY INFORMATION |
Foveo Fertility Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the period 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 balance sheet date. |
Foreign currencies |
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Going concern |
The financial statements have been prepared on going concern basis. The subsidiary is reliant on the financial support of its holding company and a start-up business with the group. the director has received confirmation from the holding company that it intends to continue to provide financial support for at least 12 months from the date of the approval of these financial statements. |
Accordingly, the director considers it appropriate to prepare the financial statements on a going concern basis. However she acknowledges that the reliance on the group support and the early-stage nature of the start-up represents material uncertainties that may cast significant doubt on the company's ability to continue as going concern. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by group undertakings |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
FOVEO FERTILITY LTD (REGISTERED NUMBER: 14739172) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 17TH MARCH 2023 TO 31ST MARCH 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Amounts owed to group undertakings |
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is NLC Ventures Netherlands B.V. |