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REGISTERED NUMBER: 04429471 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2013

FOR

BIOINDUCTION LTD

BIOINDUCTION LTD (REGISTERED NUMBER: 04429471)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

BIOINDUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2013







DIRECTORS: I S Gillbe
J P Ottaway
N K Patel





SECRETARY: J B M Smith





REGISTERED OFFICE: 178-180 Hotwell Road
Bristol
BS84RP





REGISTERED NUMBER: 04429471 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

BIOINDUCTION LTD (REGISTERED NUMBER: 04429471)

ABBREVIATED BALANCE SHEET
31 MARCH 2013

31.3.13 31.3.12
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,698 818
Investments 3 55 55
1,753 873

CURRENT ASSETS
Stocks 5,455 39,591
Debtors 177,512 176,701
182,967 216,292
CREDITORS
Amounts falling due within one year 63,400 62,076
NET CURRENT ASSETS 119,567 154,216
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,320

155,089

CREDITORS
Amounts falling due after more than
one year

327,883

250,883
NET LIABILITIES (206,563 ) (95,794 )

CAPITAL AND RESERVES
Called up share capital 4 2,913 2,668
Share premium 1,443,917 1,321,662
Profit and loss account (1,653,393 ) (1,420,124 )
SHAREHOLDERS' FUNDS (206,563 ) (95,794 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BIOINDUCTION LTD (REGISTERED NUMBER: 04429471)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2013


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 20 December 2013 and were
signed on its behalf by:





I S Gillbe - Director


BIOINDUCTION LTD (REGISTERED NUMBER: 04429471)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2013

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in
accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on cost
Computer equipment - 33% on cost

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

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated
but not reversed at the balance sheet date.

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 the profit and loss account in the period to which
they relate.

Going concern
The company made a loss of £200,912 (2012: £141,289) during the year, however the
financial statements have been prepared on a going concern basis as the shareholders
continue to provide the company with the necessary financial support for at least the next
twelve months.

BIOINDUCTION LTD (REGISTERED NUMBER: 04429471)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2013

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2012 3,551
Additions 1,695
At 31 March 2013 5,246
DEPRECIATION
At 1 April 2012 2,733
Charge for year 815
At 31 March 2013 3,548
NET BOOK VALUE
At 31 March 2013 1,698
At 31 March 2012 818

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 April 2012
and 31 March 2013 55
NET BOOK VALUE
At 31 March 2013 55
At 31 March 2012 55

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.13 31.3.12
value: £    £   
291,325 Ordinary £0.01 2,913 2,668

The share premium reserve increased £122,255 (2012: £54,890) following the issuance of
35,500 ordinary shares