Polygraphs don't detect lies, merely the slight changes in a person's pulse etc when anserwing certain questions. The detection of 'lies' is down to the operator who must be skilled in using the machine and also setting up the equipment and the subject with a whole battery of tuning questions to gauge the subject's responses to known answers.
If the subject could not remember the incident, then their answer of 'no' would be genuine as far as they were concerned and the polygraph operator would mark their response as an accurate one.
Further to the last answer, no, they are not accurate and are not permissable as evidence in UK courts because of this.