Company No: 10914210 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

John Corbett

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

10914210 (England and Wales)

AUDITOR	Dixon Wilson Audit Services LLP
	Statutory Auditor
	22 Chancery Lane
	London
	WC2A 1LS

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	948		797
		948		797
Current assets
Stocks	4	263,074		271,040
Debtors	5	152,881		312,693
Cash at bank and in hand		432,908		750,195
		848,863		1,333,928
Creditors: amounts falling due within one year	6	( 306,402)		( 824,215)
Net current assets		542,461		509,713
Total assets less current liabilities		543,409		510,510
Net assets		543,409		510,510
Capital and reserves
Called-up share capital		100		100
Profit and loss account		543,309		510,410
Total shareholders' funds		543,409		510,510

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Bio Molecular Systems Limited (registered number: 10914210) were approved and authorised for issue by the Director on 21 August 2026. They were signed on its behalf by:

John Corbett Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Bio Molecular Systems Limited (the company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Foreign currency

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate of exchange ruling at the date of the transaction. Exchange differences are taken to the profit and loss account.

Turnover

Income from sale of goods is recognised when the risks and rewards of ownership of the goods have been transferred to the customer. Ownership is transferred when the goods have been delivered to the customer. Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods to customers.

Taxation

Current tax
The tax expense for the period comprises of current tax and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation

Office equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stock is stated at lower of cost, using the average cost method, and net realisable value.

Trade and other debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtors.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Ordinary share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year	2		2

3. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 September 2024	8,035		8,035
Additions	872		872
At 31 August 2025	8,907		8,907
Accumulated depreciation
At 01 September 2024	7,238		7,238
Charge for the financial year	721		721
At 31 August 2025	7,959		7,959
Net book value
At 31 August 2025	948		948
At 31 August 2024	797		797

4. Stocks

	2025		2024
	£		£
Stocks	263,074		271,040

5. Debtors

	2025		2024
	£		£
Trade debtors	10,576		140,061
Amounts owed by group undertakings	29,764		30,524
Amounts owed by parent undertakings	64,850		78,749
Deferred tax asset	18,519		35,120
Other debtors	29,172		28,239
	152,881		312,693

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	248,506		763,531
Taxation and social security	38,883		40,863
Other creditors	19,013		19,821
	306,402		824,215

7. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	35,120		0
(Charged)/credited to the Profit and Loss Account	( 16,601)		35,120
At the end of financial year	18,519		35,120

8. Related party transactions

Transactions with group companies

The company has availed of the exemption provided in FRS 102 Section 33 Related Party Disclosures not to disclose transactions entered into with fellow group companies that are wholly owned within the group of companies of which the company is a wholly owned member.

Transactions with company director

During the year, no advances were made to the director (2024 - £27,658). The interest charge for the year is £635 (2024 - £553). At the balance sheet date, the amount due from the director totalled £28,875 (2024 - £28,239).

9. Audit Opinion

The audit report on the full accounts was signed by Steven Wakefield as senior statutory auditor on behalf of Dixon Wilson Audit Services LLP, Statutory Auditor.

The audit report was unqualified and no reference was made to any matters to which the auditor drew attention by way of emphasis.