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REGISTERED NUMBER: 06056764 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2023

FOR

CY UK LTD

CY UK LTD (REGISTERED NUMBER: 06056764)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CY UK LTD

COMPANY INFORMATION
for the Year Ended 31st January 2023







DIRECTOR: C Liu





REGISTERED OFFICE: 326 High Street
Harbourn West
Birmingham
B17 9PU





REGISTERED NUMBER: 06056764 (England and Wales)

CY UK LTD (REGISTERED NUMBER: 06056764)

BALANCE SHEET
31st January 2023

31/1/23 31/1/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80,971 54,724

CURRENT ASSETS
Debtors 5 744,808 544,849
Cash at bank 362,647 353,197
1,107,455 898,046
CREDITORS
Amounts falling due within one year 6 455,156 262,704
NET CURRENT ASSETS 652,299 635,342
TOTAL ASSETS LESS CURRENT LIABILITIES 733,270 690,066

CREDITORS
Amounts falling due after more than one
year

7

(56,726

)

(47,796

)

PROVISIONS FOR LIABILITIES 8 (6,264 ) (4,958 )
NET ASSETS 670,280 637,312

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 15,144 15,144
Retained earnings 655,036 622,068
670,280 637,312

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CY UK LTD (REGISTERED NUMBER: 06056764)

BALANCE SHEET - continued
31st January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5th October 2023 and were signed by:





C Liu - Director


CY UK LTD (REGISTERED NUMBER: 06056764)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023


1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 12 ) .

CY UK LTD (REGISTERED NUMBER: 06056764)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2022 81,121
Additions 67,127
Disposals (32,400 )
At 31st January 2023 115,848
DEPRECIATION
At 1st February 2022 26,397
Charge for year 21,440
Eliminated on disposal (12,960 )
At 31st January 2023 34,877
NET BOOK VALUE
At 31st January 2023 80,971
At 31st January 2022 54,724

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/23 31/1/22
£    £   
Trade debtors 647,599 498,372
Other debtors 97,209 46,477
744,808 544,849

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/23 31/1/22
£    £   
Bank loans and overdrafts 10,564 11,124
Hire purchase contracts 6,914 4,091
Trade creditors 225,654 90,325
Taxation and social security 56,545 49,840
Other creditors 155,479 107,324
455,156 262,704

CY UK LTD (REGISTERED NUMBER: 06056764)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/1/23 31/1/22
£    £   
Bank loans 23,333 32,669
Hire purchase contracts 33,393 15,127
56,726 47,796

8. PROVISIONS FOR LIABILITIES
31/1/23 31/1/22
£    £   
Deferred tax
Accelerated capital allowances 6,264 4,958

Deferred
tax
£   
Balance at 1st February 2022 4,958
Provided during year 1,306
Balance at 31st January 2023 6,264