CAPSARIS (UK) LIMITED


Directors	ANYAMENE, Ifesinachi Chidinma
	ANYAMENE, Okechukwu Joseph
	NZE, Ebele
	NZE, Ikenna Uzodimma


Company Secretary	ANYAMENE, Okechukwu Joseph


Registered Address	64 Windham Avenue, New Addington
	Croydon
	Surrey
	CR0 0HW


Registered Number	05026736 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		7,689		11,609
			7,689		11,609
Current assets
Stocks	4	20,975		25,450
Debtors	5	341,535		336,199
Cash at bank and on hand		37,373		38,854
		399,883		400,503
Creditors amounts falling due within one year	6	(263,745)		(234,303)
Net current assets (liabilities)			136,138		166,200
Total assets less current liabilities			143,827		177,809
Creditors amounts falling due after one year	7		(10,000)		(27,293)
Net assets			133,827		150,516
Capital and reserves
Called up share capital			200		200
Profit and loss account			133,627		150,316
Shareholders' funds			133,827		150,516

The company was entitled to exemption from audit for this reporting period 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 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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 October 2026, and are signed on its behalf by:

NZE, Ikenna Uzodimma
Director
Registered Company No. 05026736

CAPSARIS (UK) LIMITED

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	15	-
Fixtures and fittings	25	-
Vehicles	-	4
Office Equipment	-	3

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	7		8

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 February 25	15,027	6,517	52,377	7,234	81,155
At 31 January 26	15,027	6,517	52,377	7,234	81,155
Depreciation and impairment
At 01 February 25	9,553	6,517	49,380	4,096	69,546
Charge for year	821	-	750	2,349	3,920
At 31 January 26	10,374	6,517	50,130	6,445	73,466
Net book value
At 31 January 26	4,653	-	2,247	789	7,689
At 31 January 25	5,474	-	2,997	3,138	11,609

4.	Stocks

	2026	2025
	£	£
Finished goods	20,975	25,450
Total	20,975	25,450

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	6,263	105,207
Amounts owed by group undertakings	178,861	180,668
Other debtors	49,393	50,324
Prepayments and accrued income	107,018	-
Total	341,535	336,199

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	168,585	142,289
Bank borrowings and overdrafts	3,588	11,040
Taxation and social security	17,160	12,659
Payments received on account	46,283	40,794
Other creditors	349	371
Accrued liabilities and deferred income	27,780	27,150
Total	263,745	234,303

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	-	2,293
Other creditors	10,000	25,000
Total	10,000	27,293

8.	Related party transactions
	At the yearend, Capsaris Pharma Limited and Capsaris Holdings UK Ltd owed £178,861 (2025: £180,668) and £13,078 (2025: £13,078) to Capsaris (UK) Ltd respectively. The companies are related as Capsaris (UK) Ltd owns 100% share capital of Capsaris Pharma Ltd.