Intellipalp Dx Limited

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2

Registered number: SC658518

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks		11,667		11,667
Debtors		122		126
Cash at bank and in hand		1,759		3,283

		13,548		15,076
Creditors: Amounts Falling Due Within One Year		(22,802 )		(22,752 )

NET CURRENT ASSETS (LIABILITIES)			(9,254 )		(7,676 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(9,254 )		(7,676 )

NET LIABILITIES			(9,254 )		(7,676 )

CAPITAL AND RESERVES
Called up share capital	4		100		100
Profit and Loss Account			(9,354 )		(7,776 )

SHAREHOLDERS' FUNDS			(9,254)		(7,676)

For the year ending 31 March 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.

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 Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Dr Stuart Alan McNeill

Director

30 December 2025

The notes on page 2 form part of these financial statements.

1. General Information

Intellipalp Dx Limited is a private company, limited by shares, incorporated in Scotland, registered number SC658518 . The registered office is 8 Larchfield, Balerno, EH14 7NN.

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. 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 reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.3. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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