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REGISTERED NUMBER: 07303197 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

CAMCOOL RESEARCH LIMITED

CAMCOOL RESEARCH LIMITED (REGISTERED NUMBER: 07303197)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAMCOOL RESEARCH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: C Liu
G G Lonzarich
S Saxena





REGISTERED OFFICE: 44 Thornton Close
Girton
Cambridge
CB3 0NG





REGISTERED NUMBER: 07303197 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

CAMCOOL RESEARCH LIMITED (REGISTERED NUMBER: 07303197)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 25,052 29,918

CURRENT ASSETS
Debtors 5 204 4,660
Cash at bank and in hand 19,224 4,203
19,428 8,863
CREDITORS
Amounts falling due within one year 6 149,715 147,070
NET CURRENT LIABILITIES (130,287 ) (138,207 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(105,235

)

(108,289

)

CREDITORS
Amounts falling due after more than one
year

7

164,717

164,717
NET LIABILITIES (269,952 ) (273,006 )

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings (269,957 ) (273,011 )
SHAREHOLDERS' FUNDS (269,952 ) (273,006 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

CAMCOOL RESEARCH LIMITED (REGISTERED NUMBER: 07303197)

BALANCE SHEET - continued
31 JULY 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by:





C Liu - Director


CAMCOOL RESEARCH LIMITED (REGISTERED NUMBER: 07303197)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Camcool Research Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements include the results of the company's operations all of which are continuing. The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31 July 2024 the company's current liabilities exceeded its current assets by £130,287 and total liabilities of the company were £314,432. The company is reliant upon the continued support of its directors, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided as necessary to enable the company to continue as a going concern.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Scientific equipment - 33% on cost and Over 15 years
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

CAMCOOL RESEARCH LIMITED (REGISTERED NUMBER: 07303197)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Scientific and Computer
equipment fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 112,839 628 20,583 134,050
Additions - - 3,658 3,658
At 31 July 2024 112,839 628 24,241 137,708
DEPRECIATION
At 1 August 2023 83,502 522 20,108 104,132
Charge for year 7,333 106 1,085 8,524
At 31 July 2024 90,835 628 21,193 112,656
NET BOOK VALUE
At 31 July 2024 22,004 - 3,048 25,052
At 31 July 2023 29,337 106 475 29,918

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax - 4,660
VAT 204 -
204 4,660

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 10,000 10,000
Directors' current accounts 138,630 136,065
Accruals and deferred income 1,085 1,005
149,715 147,070

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans - due in 2-5 years 164,717 164,717

Included in creditors due after one year is a loan from C Liu for £164,717. This is lent interest free, without a fixed repayment date and is unsecured and subordinate to all the other company's creditors.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C Liu.