IRIS Accounts Production v25.1.4.42 06390678 Board of Directors Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063906782023-03-31063906782024-03-31063906782023-04-012024-03-31063906782022-03-31063906782022-04-012023-03-31063906782023-03-3106390678ns15:EnglandWales2023-04-012024-03-3106390678ns14:PoundSterling2023-04-012024-03-3106390678ns10:Director12023-04-012024-03-3106390678ns10:Director22023-04-012024-03-3106390678ns10:Director32023-04-012024-03-3106390678ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106390678ns10:SmallEntities2023-04-012024-03-3106390678ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106390678ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106390678ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106390678ns10:FullAccounts2023-04-012024-03-310639067812023-04-012024-03-3106390678ns10:CompanySecretary12023-04-012024-03-3106390678ns10:RegisteredOffice2023-04-012024-03-3106390678ns5:CurrentFinancialInstruments2024-03-3106390678ns5:CurrentFinancialInstruments2023-03-3106390678ns5:ShareCapital2024-03-3106390678ns5:ShareCapital2023-03-3106390678ns5:SharePremium2024-03-3106390678ns5:SharePremium2023-03-3106390678ns5:RetainedEarningsAccumulatedLosses2024-03-3106390678ns5:RetainedEarningsAccumulatedLosses2023-03-3106390678ns5:PlantMachinery2023-04-012024-03-3106390678ns5:FurnitureFittings2023-04-012024-03-3106390678ns5:ComputerEquipment2023-04-012024-03-3106390678ns5:PatentsTrademarksLicencesConcessionsSimilar2023-03-3106390678ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-03-3106390678ns5:PatentsTrademarksLicencesConcessionsSimilar2023-04-012024-03-3106390678ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-04-012024-03-3106390678ns5:PatentsTrademarksLicencesConcessionsSimilar2024-03-3106390678ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-03-3106390678ns5:PatentsTrademarksLicencesConcessionsSimilar2023-03-3106390678ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-03-3106390678ns5:PlantMachinery2023-03-3106390678ns5:FurnitureFittings2023-03-3106390678ns5:ComputerEquipment2023-03-3106390678ns5:PlantMachinery2024-03-3106390678ns5:FurnitureFittings2024-03-3106390678ns5:ComputerEquipment2024-03-3106390678ns5:PlantMachinery2023-03-3106390678ns5:FurnitureFittings2023-03-3106390678ns5:ComputerEquipment2023-03-3106390678ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106390678ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 06390678 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ASEPTIUM LIMITED

ASEPTIUM LIMITED (REGISTERED NUMBER: 06390678)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASEPTIUM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P Stojalowski
C C Bryson
P Wu





SECRETARY: Mrs K Stojalowska





REGISTERED OFFICE: The Old Court House
26a Church Street
Bishops Stortford
Hertfordshire
CM23 2LY





REGISTERED NUMBER: 06390678 (England and Wales)





ACCOUNTANTS: Paul Dawson & Co Limited
The Old Courthouse
26A Church Street
Bishops Stortford
Hertfordshire
CM23 2LY

ASEPTIUM LIMITED (REGISTERED NUMBER: 06390678)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 509,688 448,256
Tangible assets 5 2,062 2,751
511,750 451,007

CURRENT ASSETS
Stocks 6 34,081 40,175
Debtors 7 68,871 67,955
Cash at bank 3,355 2,279
106,307 110,409
CREDITORS
Amounts falling due within one year 8 465,359 398,771
NET CURRENT LIABILITIES (359,052 ) (288,362 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,698

162,645

CAPITAL AND RESERVES
Called up share capital 255 255
Share premium 294,234 294,234
Retained earnings (141,791 ) (131,844 )
SHAREHOLDERS' FUNDS 152,698 162,645

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

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

ASEPTIUM LIMITED (REGISTERED NUMBER: 06390678)

BALANCE SHEET - continued
31 MARCH 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 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 19 June 2025 and were signed on its behalf by:




P Stojalowski - Director P Wu - Director




C C Bryson - Director


ASEPTIUM LIMITED (REGISTERED NUMBER: 06390678)

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


1. STATUTORY INFORMATION

Aseptium 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 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.
Plant and machinery - 25% on reducing balance
Equipment - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 4 ).

4. INTANGIBLE FIXED ASSETS
Patents
and Development
licences costs Totals
£    £    £   
COST
At 1 April 2023 22,470 425,786 448,256
Additions 8,501 52,931 61,432
At 31 March 2024 30,971 478,717 509,688
NET BOOK VALUE
At 31 March 2024 30,971 478,717 509,688
At 31 March 2023 22,470 425,786 448,256

ASEPTIUM LIMITED (REGISTERED NUMBER: 06390678)

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


5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery Equipment equipment Totals
£    £    £    £   
COST
At 1 April 2023 14,536 9,014 16,213 39,763
Additions - - 22,000 22,000
Disposals - - (22,000 ) (22,000 )
At 31 March 2024 14,536 9,014 16,213 39,763
DEPRECIATION
At 1 April 2023 12,726 8,613 15,673 37,012
Charge for year 453 101 135 689
At 31 March 2024 13,179 8,714 15,808 37,701
NET BOOK VALUE
At 31 March 2024 1,357 300 405 2,062
At 31 March 2023 1,810 401 540 2,751

6. STOCKS
2024 2023
£    £   
Stock and work-in-progress 34,081 40,175

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,320 17,528
Tax 62,256 47,981
VAT 2,295 2,446
68,871 67,955

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,038 7,199
Taxation and social security 1,763 1,323
Other creditors 462,558 390,249
465,359 398,771