Company Registration No. 10131881 (England and Wales)
CYRUS SOFT POWER LTD
for the year ended 30 April 2023
CYRUS SOFT POWER LTD
Contents
CYRUS SOFT POWER LTD
Company Information
for the year ended 30 April 2023
Company Number
10131881 (England and Wales)
Registered Office
51 Douglas Road
Kingston Upon Thames
KT1 3PS
United Kingdom
CYRUS SOFT POWER LTD
Statement of financial position
as at 30 April 2023
Intangible assets
9,092
9,092
Tangible assets
4,395
4,395
Cash at bank and in hand
-
2,124
Creditors: amounts falling due within one year
(86,041)
(86,041)
Net current liabilities
(86,041)
(83,917)
Total assets less current liabilities
(72,554)
(70,430)
Creditors: amounts falling due after more than one year
(44,760)
(29,034)
Net liabilities
(117,314)
(99,464)
Called up share capital
1
1
Profit and loss account
(117,315)
(99,465)
Shareholders' funds
(117,314)
(99,464)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2024 and were signed on its behalf by
Mr J H HA
Director
Company Registration No. 10131881
CYRUS SOFT POWER LTD
Notes to the Accounts
for the year ended 30 April 2023
CYRUS SOFT POWER LTD is a private company, limited by shares, registered in England and Wales, registration number 10131881. The registered office is 51 Douglas Road, Kingston Upon Thames, KT1 3PS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction.
4
Intangible fixed assets
Goodwill
CYRUS SOFT POWER LTD
Notes to the Accounts
for the year ended 30 April 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
9,060
8,800
1,163
19,023
At 30 April 2023
9,060
8,800
1,163
19,023
At 1 May 2022
6,594
7,107
927
14,628
At 30 April 2023
6,594
7,107
927
14,628
At 30 April 2023
2,466
1,693
236
4,395
At 30 April 2022
2,466
1,693
236
4,395
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
40,465
40,465
Other creditors
21,600
21,600
Loans from directors
5,976
5,976
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 2).