Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2022-04-01legal and management services11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08305401 2022-04-01 2023-03-31 08305401 2021-04-01 2022-03-31 08305401 2023-03-31 08305401 2022-03-31 08305401 c:Director1 2022-04-01 2023-03-31 08305401 d:OfficeEquipment 2022-04-01 2023-03-31 08305401 d:OfficeEquipment 2023-03-31 08305401 d:OfficeEquipment 2022-03-31 08305401 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08305401 d:CurrentFinancialInstruments 2023-03-31 08305401 d:CurrentFinancialInstruments 2022-03-31 08305401 d:Non-currentFinancialInstruments 2023-03-31 08305401 d:Non-currentFinancialInstruments 2022-03-31 08305401 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08305401 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 08305401 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 08305401 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 08305401 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 08305401 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-03-31 08305401 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 08305401 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 08305401 d:ShareCapital 2023-03-31 08305401 d:ShareCapital 2022-03-31 08305401 d:RetainedEarningsAccumulatedLosses 2023-03-31 08305401 d:RetainedEarningsAccumulatedLosses 2022-03-31 08305401 c:FRS102 2022-04-01 2023-03-31 08305401 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08305401 c:FullAccounts 2022-04-01 2023-03-31 08305401 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08305401 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 08305401









CYBERTECHNOLOGY MANAGEMENT & LEGAL SERVICES LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
CYBERTECHNOLOGY MANAGEMENT & LEGAL SERVICES LIMITED
REGISTERED NUMBER: 08305401

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
130
173

  

Creditors: amounts falling due within one year
 6 
(14,436)
(15,689)

Total assets less current liabilities
  
(14,306)
(15,516)

Creditors: amounts falling due after more than one year
 7 
(4,497)
(6,500)

  

Net liabilities
  
(18,803)
(22,016)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(18,903)
(22,116)

  
(18,803)
(22,016)


Page 1

 
CYBERTECHNOLOGY MANAGEMENT & LEGAL SERVICES LIMITED
REGISTERED NUMBER: 08305401
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 February 2024.




Ms O Adeniran
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CYBERTECHNOLOGY MANAGEMENT & LEGAL SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Cybertechnology Management & Legal Services Limited is a company limited by shares, incorporated in England, United Kingdom. The address of the registered office is 7 Bell Yard, Bell Yard, London, England WC2A 2JR. The principal activity of the company continued to be that of legal and management services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
CYBERTECHNOLOGY MANAGEMENT & LEGAL SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 -1).

Page 4

 
CYBERTECHNOLOGY MANAGEMENT & LEGAL SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2022
1,300



At 31 March 2023

1,300



Depreciation


At 1 April 2022
1,127


Charge for the year on owned assets
43



At 31 March 2023

1,170



Net book value



At 31 March 2023
130



At 31 March 2022
173


5.


Cash and cash equivalents

2023
2022
£
£

Bank overdrafts
(7,151)
(7,226)



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
7,151
7,226

Bank loans
2,000
2,006

Corporation tax
91
91

Other creditors
70
4

Accruals and deferred income
5,124
6,362

14,436
15,689


Page 5

 
CYBERTECHNOLOGY MANAGEMENT & LEGAL SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
4,497
6,500



8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
2,000
2,006

Amounts falling due 1-2 years

Bank loans
2,000
2,000

Amounts falling due 2-5 years

Bank loans
2,497
4,500


6,497
8,506


 
Page 6