REGISTERED NUMBER: 12676333 (England and Wales)

Audited Financial Statements for the Year Ended 31 December 2025

for

NBD Bio Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J P Hughes

Mr G May

REGISTERED OFFICE:

HMH House

8 Falcon Court

Preston Farm

Stockton On Tees

Durham

TS18 3TS

REGISTERED NUMBER:

12676333 (England and Wales)

AUDITORS:

JBC Accountants Limited

Statutory Auditor

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

CURRENT ASSETS

Debtors

4

3,970

3,870

CREDITORS

Amounts falling due within one year

5

29,442

28,658

NET CURRENT LIABILITIES

(25,472

)

(24,788

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(25,472

)

(24,788

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(25,572

)

(24,888

)

SHAREHOLDERS' FUNDS

(25,472

)

(24,788

)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

Mr G May - Director

1.	STATUTORY INFORMATION

NBD Bio Ltd 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.

These financial statements have been prepared in accordance with FRS 102, Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Other debtors

3,970

3,870

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Amounts owed to group undertakings

28,792

28,158

Other creditors

650

500

29,442

28,658

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mrs Lynne Dickson FCA (Senior Statutory Auditor)

for and on behalf of JBC Accountants Limited

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the HMH Employee Ownership Trust by virtue of its majority shareholding in G May Investments Limited, the ultimate parent undertaking.