CELESTIAL LABS LTD

Company Registration Number:
12391157 (England and Wales)

Unaudited abridged accounts for the year ended 30 March 2024

Period of accounts

Start date: 01 April 2023

End date: 30 March 2024

CELESTIAL LABS LTD

Contents of the Financial Statements

for the Period Ended 30 March 2024

Balance sheet
Notes

CELESTIAL LABS LTD

Balance sheet

As at 30 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 80,108 55,334
Tangible assets: 4 208,346 266,154
Investments: 5 745,000 0
Total fixed assets: 1,033,454 321,488
Current assets
Stocks: 0 0
Debtors:   424,699 383,963
Cash at bank and in hand: 51,347 69,718
Total current assets: 476,046 453,681
Creditors: amounts falling due within one year:   (1,169,479) (792,385)
Net current assets (liabilities): (693,433) (338,704)
Total assets less current liabilities: 340,021 (17,216)
Creditors: amounts falling due after more than one year:   (1,288,785) (274,993)
Total net assets (liabilities): (948,764) (292,209)
Capital and reserves
Called up share capital: 21 21
Share premium account: 1,870,106 1,845,112
Profit and loss account: (2,818,891) (2,137,342)
Shareholders funds: (948,764) (292,209)

The notes form part of these financial statements

CELESTIAL LABS LTD

Balance sheet statements

For the year ending 30 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 April 2025
and signed on behalf of the board by:

Name: John Hopkins
Status: Director

The notes form part of these financial statements

CELESTIAL LABS LTD

Notes to the Financial Statements

for the Period Ended 30 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CELESTIAL LABS LTD

Notes to the Financial Statements

for the Period Ended 30 March 2024

2. Employees

2024 2023
Average number of employees during the period 28 22

CELESTIAL LABS LTD

Notes to the Financial Statements

for the Period Ended 30 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 72,421
Additions 53,120
Disposals 0
Revaluations 0
Transfers 0
At 30 March 2024 125,541
Amortisation
At 01 April 2023 17,087
Charge for year 28,346
On disposals 0
Other adjustments 0
At 30 March 2024 45,433
Net book value
At 30 March 2024 80,108
At 31 March 2023 55,334

CELESTIAL LABS LTD

Notes to the Financial Statements

for the Period Ended 30 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 998,174
Additions 198,386
Disposals 0
Revaluations 0
Transfers 0
At 30 March 2024 1,196,560
Depreciation
At 01 April 2023 732,020
Charge for year 256,194
On disposals 0
Other adjustments 0
At 30 March 2024 988,214
Net book value
At 30 March 2024 208,346
At 31 March 2023 266,154

CELESTIAL LABS LTD

Notes to the Financial Statements

for the Period Ended 30 March 2024

5. Fixed investments

Additions at cost during the year - 745,000