REGISTERED NUMBER: 13938556 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

MORIO LABS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Morinaga

REGISTERED OFFICE:

First Floor

38 Thurloe Place

London

SW7 2HP

REGISTERED NUMBER:

13938556 (England and Wales)

ACCOUNTANTS:

Blue Swift Accountants Limited

37 Riverside House

River Lawn Road

Tonbridge

Kent

TN9 1EP

FIXED ASSETS

Tangible assets

4

11,918

15,890

CURRENT ASSETS

Stocks

5

160,886

161,902

Debtors

6

30,417

17,511

Cash at bank

7,261

10,003

198,564

189,416

CREDITORS

Amounts falling due within one year

7

325,931

312,528

NET CURRENT LIABILITIES

(127,367

)

(123,112

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(115,449

)

(107,222

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(115,549

)

(107,322

)

SHAREHOLDERS' FUNDS

(115,449

)

(107,222

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2025 and were signed by:

A Morinaga - Director

1.	STATUTORY INFORMATION

Morio Labs 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.

Going concern

The company meets its day to day working capital requirements through the support of the directors and shareholders of the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.

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.

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 March 2024

and 28 February 2025

27,878

DEPRECIATION

At 1 March 2024

11,988

Charge for year

3,972

At 28 February 2025

15,960

NET BOOK VALUE

At 28 February 2025

11,918

At 29 February 2024

15,890

5.

STOCKS

28.2.25

29.2.24

£

£

Stocks

160,886

161,902

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Other debtors

30,417

17,511

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

-

288

Taxation and social security

2,085

2,156

Other creditors

323,846

310,084

325,931

312,528

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 March 2024

(107,322

)

Deficit for the year

(8,227

)

At 28 February 2025

(115,549

)

10.	RELATED PARTY DISCLOSURES

Included within other creditors is £4,116 (2024: £3,914) owed to a company director and £316,419.74 (2024: £302,420) owed to a company under common control.