PROFERTIL (UK) LIMITED

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 09037267

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		2,455		2,710
Tangible Assets	5		4,257		5,321

			6,712		8,031
CURRENT ASSETS
Stocks	6	6,200		6,420
Debtors		22,280		24,280
Cash at bank and in hand		2		410

		28,482		31,110
Creditors: Amounts Falling Due Within One Year		(26,539 )		(37,548 )

NET CURRENT ASSETS (LIABILITIES)			1,943		(6,438 )

TOTAL ASSETS LESS CURRENT LIABILITIES			8,655		1,593

Creditors: Amounts Falling Due After More Than One Year	7		(13,248 )		(23,427 )

NET LIABILITIES			(4,593 )		(21,834 )

CAPITAL AND RESERVES
Called up share capital	9		72		72
Profit and Loss Account			(4,665 )		(21,906 )

SHAREHOLDERS' FUNDS			(4,593)		(21,834)

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PROFERTIL (UK) LIMITED

Abridged Balance Sheet (continued)

As At 29 May 2024

For the year ending 29 May 2024 the company was entitled to exemption from audit 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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 29 May 2024 in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the board of directors on 21 May 2025 and were signed on its behalf by:

Dr Edmond Edi-Osagie

Director

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

PROFERTIL (UK) LIMITED is a private company, limited by shares, incorporated in England & Wales.

The registered number is 09037267 .

The registered office is 74 Dickenson Road, Rusholme, Manchester, M14 5HF.

No dividends have been paid to the Directors and none are proposed.

Transactions with an associated company, Omondi Healthcare Limited, are reported in the notes to the accounts.

There are no other related party transactions to report.

There are no contingent liabilities or post balance sheet events to report.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover represents total invoiced fees for health care services. The business is not Value Added Tax (VAT) registered.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are software and web design and are stated at cost less accumulated amortisation.

Amortisation is calculated at 10% reducing balance in order to write off each asset over its estimated useful life.

No amortisation is charged in the year of acquisition.

2.4. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are Trademarks and are stated at cost less accumulated amortisation.

Amortisation is calculated at 1% reducing balance in order to write off each asset over its estimated useful life.

No amortisation is charged in the year of acquisition.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation.

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

Fixtures & Fittings	20% Reducing Balance
Computer Equipment	20% Reducing Balance

No depreciation is charged in the year of acquisition.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Work in Progress is valued at the prime cost of labour and materials plus other direct expenses.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Accounting Reference Date

The accounting reference has been changed to 27 May.

These accounts are nevertheless for the year ended 31 May 2024.

2.9. Comparative Figures

The comparative figures used throughout these accounts are as at 29 May 2023 or are for the year ended on that date.

2.10. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors who are employed under a contract of service during the year was as follows: NIL (2023: NIL)

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PROFERTIL (UK) LIMITED

Notes to the Abridged Financial Statements (continued)

For The Year Ended 29 May 2024

4. Intangible Assets

	Total
	£
Cost
As at 30 May 2023	5,232

As at 29 May 2024	5,232

Amortisation
As at 30 May 2023	2,522
Provided during the period	255

As at 29 May 2024	2,777

Net Book Value
As at 29 May 2024	2,455

As at 30 May 2023	2,710

5. Tangible Assets

	Total
	£
Cost
As at 30 May 2023	19,104

As at 29 May 2024	19,104

Depreciation
As at 30 May 2023	13,783
Provided during the period	1,064

As at 29 May 2024	14,847

Net Book Value
As at 29 May 2024	4,257

As at 30 May 2023	5,321

6. Stocks

	2024	2023
	£	£
Work in progress	6,200	6,420

8. Secured Creditors

Of the creditors the following amounts are secured.

	2024		2023
	£		£
Bank loans and overdrafts	-		16,442

9. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
720 Ordinary Shares of £ 0.10 each	72	72

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PROFERTIL (UK) LIMITED

Notes to the Abridged Financial Statements (continued)

For The Year Ended 29 May 2024

10. Pension Commitments

The company operates a defined contribution pension scheme.

The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date contributions of £Nil (2023 £Nil) were due to the fund and are included in Other Creditors.

11. Related Party Transactions

Associated Company

Omondi Healthcare Limited is an associated company under the control of the director Dr Edmond Edi-Osagie holds 775 10p Ordinary Shares there being 1000 10p Ordinary Shares in issue.

Dr Edmond Edi-Osagie is a director of Omondi Healthcare Limited.

Charges totalling £37,100 (2023 £50,860) were made by ProFertil (UK) Limited for surgical support and assistance and are included in turnover. The Directors report that charges were set in accordance with open market rates.

Transactions in the year with Omondi Healthcare Limited were then as follows:

Balance due to Omondi Healthcare Limited brought forward (24,280) (2023 (£29,280))

Monies received from Omondi Healthcare Limited in the period £39,100 (2023 £55,860)

Charges made by ProFertil (UK) Limited for medical services £37,100 (2023 £50,860)

Balance due to/(from) Omondi Healthcare Limited carried forward (£22,280 (2023 (£24,280))

12. Ultimate Controlling Party

Dr Edmond Edi-Osagie controlled the Company throughout the year by virtue of his 77.5% holding of the issued Ordinary Shares.

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