Alcyonmay Solutions Limited 08482507 false 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is Management consultancy activities other than financial management Digita Accounts Production Advanced 6.30.9574.0 true true 08482507 2022-05-01 2023-04-30 08482507 2023-04-30 08482507 core:RetainedEarningsAccumulatedLosses 2023-04-30 08482507 core:ShareCapital 2023-04-30 08482507 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 08482507 core:OtherPropertyPlantEquipment 2023-04-30 08482507 bus:SmallEntities 2022-05-01 2023-04-30 08482507 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 08482507 bus:FullAccounts 2022-05-01 2023-04-30 08482507 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 08482507 bus:RegisteredOffice 2022-05-01 2023-04-30 08482507 bus:Director1 2022-05-01 2023-04-30 08482507 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 08482507 core:OtherPropertyPlantEquipment 2022-05-01 2023-04-30 08482507 core:PlantMachinery 2022-05-01 2023-04-30 08482507 countries:England 2022-05-01 2023-04-30 08482507 2022-04-30 08482507 core:OtherPropertyPlantEquipment 2022-04-30 08482507 2021-05-01 2022-04-30 08482507 2022-04-30 08482507 core:RetainedEarningsAccumulatedLosses 2022-04-30 08482507 core:ShareCapital 2022-04-30 08482507 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-30 08482507 core:OtherPropertyPlantEquipment 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 08482507

Alcyonmay Solutions Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2023

 

Alcyonmay Solutions Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 6

 

Alcyonmay Solutions Limited

(Registration number: 08482507)
Balance Sheet as at 30 April 2023

Note

2023
 £

2022
 £

Fixed assets

 

Tangible assets

4

1,065

1,597

Current assets

 

Cash at bank and in hand

 

13,838

15,774

Creditors: Amounts falling due within one year

5

(924)

(943)

Net current assets

 

12,914

14,831

Net assets

 

13,979

16,428

Capital and reserves

 

Called up share capital

1

1

Profit and loss account

13,978

16,427

Total equity

 

13,979

16,428

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 1 October 2023
 

J C Morris

Director

 

Alcyonmay Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office and principal place of business is:
149 Greenfell Mansions
Glaisher Street
Greenwich
LONDON
SE8 3EX

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including section 1A of Financial Reporting Standard 102 - 'The Financial Reporting standard applicable in the United Kingdom and Republic of Ireland' FRS 102 1A, and with the Companies Act 2006.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historic experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

 

Alcyonmay Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets is stated in the statement of financial position 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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% straight line

 

Alcyonmay Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Financial assets are classified as financial assets at fair value through profit or loss, loans and debtors, held-to-maturity investments, available-for-sale financial assets, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial assets at initial recognition.

Financial liabilities are classified as financial liabilities at fair value through profit and loss, loans and borrowings, trade and other creditors, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial liabilities at initial recognition.

 Recognition and measurement
All financial instruments are recognised initially at fair value plus transaction costs. Thereafter financial instruments are stated at amortised cost using the effective interest rate method (less impairment where appropriate) unless the effect of discounting would be immaterial in which case they are stated at cost (less impairment where appropriate). The exception to this are those financial instruments where it is a requirement to continue recording them at fair value through profit and loss.

 Impairment
Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

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. Accounts payable 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.

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.

 

Alcyonmay Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 5).

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 May 2022

5,880

5,880

At 30 April 2023

5,880

5,880

Depreciation

At 1 May 2022

4,283

4,283

Charge for the year

532

532

At 30 April 2023

4,815

4,815

Carrying amount

At 30 April 2023

1,065

1,065

At 30 April 2022

1,597

1,597

 

Alcyonmay Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

5

Creditors

2023
 £

2022
 £

Due within one year

Other creditors

924

943