Company registration number 12016198 (England and Wales)
CAYP PSYCHOLOGY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
CAYP PSYCHOLOGY LIMITED
COMPANY INFORMATION
Director
Mr D Weisberg
Company number
12016198
Registered office
122 Bury New Road
Whitefield
Manchester
M45 6AD
Accountants
Lopian Gross Barnett & Co
1st Floor Cloister House
Riverside, New Bailey Street
Manchester
M3 5FS
Business address
122 Bury New Road
Whitefield
Manchester
M45 6AD
CAYP PSYCHOLOGY LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
CAYP PSYCHOLOGY LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CAYP PSYCHOLOGY LIMITED FOR THE YEAR ENDED 31 MAY 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CAYP Psychology Limited for the year ended 31 May 2023, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of CAYP Psychology Limited, as a body, in accordance with the terms of our engagement letter dated 18 May 2022. Our work has been undertaken solely to prepare for your approval the financial statements of CAYP Psychology Limited and state those matters that we have agreed to state to the board of directors of CAYP Psychology Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CAYP Psychology Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that CAYP Psychology Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that CAYP Psychology Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of CAYP Psychology Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Lopian Gross Barnett & Co
26 October 2023
Chartered Accountants
1st Floor Cloister House
Riverside, New Bailey Street
Manchester
M3 5FS
CAYP PSYCHOLOGY LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MAY 2023
- 2 -
2023
2022
£
£
Turnover
311,311
219,041
Other income
716
263
Cost of raw materials and consumables
(29,473)
(12,875)
Staff costs
(56,458)
(21,987)
Depreciation and other amounts written off assets
(8,745)
(5,344)
Other charges
(150,198)
(98,483)
Tax
(13,898)
(11,332)
Profit
53,255
69,283
CAYP PSYCHOLOGY LIMITED
BALANCE SHEET
- 3 -
2023
2022
£
£
£
£
Fixed assets
15,548
20,897
Current assets
80,194
56,051
Prepayments and accrued income
756
756
Creditors: amounts falling due within one year
(33,265)
(22,976)
Net current assets
47,685
33,831
Total assets less current liabilities
63,233
54,728
Creditors: amounts falling due after more than one year
(7,500)
(11,250)
Net assets
55,733
43,478
Capital and reserves
55,733
43,478
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
CAYP Psychology Limited is a private company limited by shares incorporated in England and Wales. The registered office is 122 Bury New Road, Whitefield, Manchester, M45 6AD.
For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
CAYP PSYCHOLOGY LIMITED
BALANCE SHEET (CONTINUED)
- 4 -
The financial statements were approved and signed by the director and authorised for issue on 26 October 2023
..............................................
Mr D Weisberg
Director
Company registration number 12016198 (England and Wales)
CAYP PSYCHOLOGY LIMITED
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 MAY 2023