for the Period Ended 28 February 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 28 February 2023
Directors
The directors shown below have held office during the whole of the period from
1 March 2022 to 28 February 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | ( | ( |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | ( | |
Interest payable and similar charges: | ( | |
Profit(or loss) before tax: | ( | |
Tax: | | ( |
Profit(or loss) for the financial year: | ( | |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Provision for liabilities: | ( | ( | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 28 February 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 28 February 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 March 2022 | | | ||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 28 February 2023 | | | ||||
Depreciation | ||||||
At 1 March 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 28 February 2023 | | | ||||
Net book value | ||||||
At 28 February 2023 | | | ||||
At 28 February 2022 | | |
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Other debtors | | |
Total | | |
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Other creditors | | |
Total | | |
for the Period Ended 28 February 2023
Name of director receiving advance or credit: | |
Description of the transaction: | |
| |
£ | |
---|---|
Balance at 28 February 2022 | |
Advances or credits made: | |
Advances or credits repaid: | |
Balance at 28 February 2023 | |
Cyber Wales carries out activities aimed at raising awareness and skills in cyber security across Businesses, Academia, Law Enforcement, Defence and Government. These include networking groups (known as Clusters), training courses, international collaboration on innovation and research, negotiating and offering members specific deals with products/service providers, updating members with the latest news and opportunities in the field along with supporting NCSC, UK and Welsh Government's in a number of key areas including trade shows, international delegations, inward investment and other initiatives.
The Company's stakeholders are member colleges and their students, businesses, law enforcement, defence and government agencies. The directors of the company have a number of years' experience in Cyber Security and have developed the business model based on their ability to effectively transfer their knowledge of ways to combat rapidly increasing cyber-crime.The Company's main activities revolve around running informal networking group meetings. Since the company began trading, all of these meetings have been run remotely due to covid restrictions on face to face meetings. The meetings are run by the 9 Cluster Managers who are responsible for communicating with their target audiences (done during meetings, surveys of the membership and ad hoc contacts). The topics, speakers arrangements for the future meetings are continuously amended to suit the wishes of the members.The secondary activities revolve around capturing updates, advice and guidance from the range of cyber intelligence sources in Wales and communicating them to the membership via the website. This information is moderated by the 9 Cluster Managers (who form the Management Team) and the Steering Board made up of 9 members from a range of Corporate, Academic and Defence organisations.
The following remuneration was paid to the directors in the yearJason Davies - £9,996.33John Davies - £9,996.33The director Jason Davies was overdrawn by £2,167 at the year end but this loan has now been repaid.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 November 2023
And signed on behalf of the board by:
Name: John Davies
Status: Director