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Company Registration No. 14661116 (England and Wales)
Biotwin Limited Unaudited accounts for the year ended 28 February 2025
Biotwin Limited Unaudited accounts Contents
Page
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Biotwin Limited Company Information for the year ended 28 February 2025
Directors
Kwan Kit Chong Matt ELTON
Company Number
14661116 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ United Kingdom
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Biotwin Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,169 
5,760 
Tangible assets
23,720 
5,069 
28,889 
10,829 
Current assets
Debtors
77,019 
24,501 
Cash at bank and in hand
14,763 
91,016 
91,782 
115,517 
Creditors: amounts falling due within one year
(53,042)
(4,280)
Net current assets
38,740 
111,237 
Net assets
67,629 
122,066 
Capital and reserves
Called up share capital
2 
2 
Share premium
249,997 
174,997 
Profit and loss account
(182,370)
(52,933)
Shareholders' funds
67,629 
122,066 
For the year ending 28 February 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by
Kwan Kit Chong Director Company Registration No. 14661116
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Biotwin Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Biotwin Limited is a private company, limited by shares, registered in England and Wales, registration number 14661116. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance Method
Computer equipment
25% Reducing Balance Method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation at 10% Straight Line Method.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2024
5,912 
At 28 February 2025
5,912 
Amortisation
At 1 March 2024
152 
Charge for the year
591 
At 28 February 2025
743 
Net book value
At 28 February 2025
5,169 
At 29 February 2024
5,760 
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Biotwin Limited Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
- 
5,514 
5,514 
Additions
23,173 
- 
23,173 
At 28 February 2025
23,173 
5,514 
28,687 
Depreciation
At 1 March 2024
- 
445 
445 
Charge for the year
3,255 
1,267 
4,522 
At 28 February 2025
3,255 
1,712 
4,967 
Net book value
At 28 February 2025
19,918 
3,802 
23,720 
At 29 February 2024
- 
5,069 
5,069 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
22,704 
11,368 
Deferred tax asset
52,815 
11,633 
Other debtors
1,500 
1,500 
77,019 
24,501 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
45,638 
1,509 
Trade creditors
2,484 
- 
Taxes and social security
3,035 
2,496 
Other creditors
1,130 
- 
Accruals
755 
275 
53,042 
4,280 
8
Average number of employees
During the year the average number of employees was 3 (2024: 2).
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