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REGISTERED NUMBER: 09090390 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

TIKA DIAGNOSTICS LIMITED

TIKA DIAGNOSTICS LIMITED (REGISTERED NUMBER: 09090390)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


TIKA DIAGNOSTICS LIMITED

COMPANY INFORMATION
For The Year Ended 31 July 2024







DIRECTORS: K Hilpert
T J Bull
M Cranmer





REGISTERED OFFICE: C/O Dr Tim Bull
Jenner Block, Mailbox J1b,
St George's University of London
Cranmer Terrace
London
SW17 0RE





REGISTERED NUMBER: 09090390 (England and Wales)

TIKA DIAGNOSTICS LIMITED (REGISTERED NUMBER: 09090390)

ABRIDGED BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 13,195 16,494

CURRENT ASSETS
Debtors 668 141
Cash at bank 53,522 60,208
54,190 60,349
NET CURRENT ASSETS 54,190 60,349
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,385

76,843

PROVISIONS FOR LIABILITIES 2,507 3,134
NET ASSETS 64,878 73,709

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 64,868 73,699
SHAREHOLDERS' FUNDS 64,878 73,709

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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings 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:





T J Bull - Director


TIKA DIAGNOSTICS LIMITED (REGISTERED NUMBER: 09090390)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024


1. STATUTORY INFORMATION

Tika Diagnostics 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.

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.

Turnover
Turnover represents income for services relating to the research into bacterial disease diagnostics, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.

Plant and machinery-20% on reducing balance

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are 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.

3. EMPLOYEES AND DIRECTORS

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

TIKA DIAGNOSTICS LIMITED (REGISTERED NUMBER: 09090390)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 July 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023
and 31 July 2024 99,133
DEPRECIATION
At 1 August 2023 82,639
Charge for year 3,299
At 31 July 2024 85,938
NET BOOK VALUE
At 31 July 2024 13,195
At 31 July 2023 16,494