THE BIOFACTORY LTD

Company Registration Number:
11618581 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

THE BIOFACTORY LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

THE BIOFACTORY LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 15,545 20,535
Total fixed assets: 15,545 20,535
Current assets
Stocks: 23,983 121,045
Debtors: 4 14,254 6,345
Cash at bank and in hand: 171,949 295,771
Total current assets: 210,186 423,161
Creditors: amounts falling due within one year: 5 (101,885) (19,126)
Net current assets (liabilities): 108,301 404,035
Total assets less current liabilities: 123,846 424,570
Provision for liabilities: (4,775) (2,610)
Total net assets (liabilities): 119,071 421,960
Capital and reserves
Called up share capital: 2 2
Share premium account: 933,543 933,543
Profit and loss account: (814,474) (511,585)
Shareholders funds: 119,071 421,960

The notes form part of these financial statements

THE BIOFACTORY LTD

Balance sheet statements

For the year ending 31 December 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 09 May 2025
and signed on behalf of the board by:

Name: Eoin Sharkey
Status: Director

The notes form part of these financial statements

THE BIOFACTORY LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

THE BIOFACTORY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

THE BIOFACTORY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 34,972
Additions 1,544
At 31 December 2024 36,516
Depreciation
At 01 January 2024 14,437
Charge for year 6,534
At 31 December 2024 20,971
Net book value
At 31 December 2024 15,545
At 31 December 2023 20,535

THE BIOFACTORY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

THE BIOFACTORY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Trade creditors £17,882 Taxation & social security £15,294 Accruals & deferred income £67,370 Other creditors £1,339