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REGISTERED NUMBER: 08914204 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Cybake Limited

Cybake Limited (Registered number: 08914204)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cybake Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: F J Tyler
M Coyle
M C James
A W Scott





SECRETARY: M C James





REGISTERED OFFICE: King's House
12 King Street
York
YO1 9WP





REGISTERED NUMBER: 08914204 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
Oak Tree House, Harwood Road
Northminster Business Park
Upper Poppleton
York
YO26 6QU

Cybake Limited (Registered number: 08914204)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 12,716 12,637
12,716 12,637

CURRENT ASSETS
Debtors 6 292,528 219,727
Cash at bank 172,096 93,916
464,624 313,643
CREDITORS
Amounts falling due within one year 7 346,308 307,085
NET CURRENT ASSETS 118,316 6,558
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,032

19,195

PROVISIONS FOR LIABILITIES 9 2,402 2,402
NET ASSETS 128,630 16,793

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 128,530 16,693
SHAREHOLDERS' FUNDS 128,630 16,793

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Cybake Limited (Registered number: 08914204)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by:





M C James - Director


Cybake Limited (Registered number: 08914204)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Cybake Limited 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.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

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

Income recognition
Income is recognised when the conditions contained within a contract for services have been met.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual property is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 10% on cost
Computer equipment - 20% on cost

Government grants
Revenue based grants are credited to the profit and loss account when entitled.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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.


Cybake Limited (Registered number: 08914204)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued
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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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.

Leasing commitments
Rentals paid under operating leases are changed to the profit and loss account on a straight line basis over the period of the lease

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Intellectual
property
£   
COST
At 1 April 2022
and 31 March 2023 10,000
AMORTISATION
At 1 April 2022
and 31 March 2023 10,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

Cybake Limited (Registered number: 08914204)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Improvements
to Computer
property equipment Totals
£    £    £   
COST
At 1 April 2022 2,350 15,418 17,768
Additions - 3,679 3,679
At 31 March 2023 2,350 19,097 21,447
DEPRECIATION
At 1 April 2022 157 4,974 5,131
Charge for year 235 3,365 3,600
At 31 March 2023 392 8,339 8,731
NET BOOK VALUE
At 31 March 2023 1,958 10,758 12,716
At 31 March 2022 2,193 10,444 12,637

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 150,744 158,678
Other debtors 104,600 48,430
Prepayments 37,184 12,619
292,528 219,727

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 35,704 22,280
Taxation and social security 72,575 55,483
Other creditors - 42,864
Accruals and deferred income 238,029 186,458
346,308 307,085

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 598 911
Between one and five years 2,392 2,581
2,990 3,492

Cybake Limited (Registered number: 08914204)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 2,402 2,402

Deferred
tax
£   
Balance at 1 April 2022 2,402
Balance at 31 March 2023 2,402

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
53 'A' Ordinary £1 53 53
42 'C' Ordinary £1 42 42
5 'D' Ordinary £1 5 5
100 100

11. RELATED PARTY DISCLOSURES

2022 2021
£ £
Personnel of the entity:

Amount due to directors - 7,959

No interest has been charged.