CYGNET FOOD GROUP (HOLDINGS) LIMITED

Company Registration Number:
15095743 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 25 August 2023

End date: 31 August 2023

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Additional notes
Balance sheet notes

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Balance sheet

As at 31 August 2023

Notes 1 month to 31 August 2023


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 956,215
Tangible assets: 4 456,255
Investments: 5 585,621
Total fixed assets: 1,998,091
Current assets
Stocks: 6 45,000
Debtors: 7 24,500
Cash at bank and in hand: 345,325
Investments: 8 585,621
Total current assets: 1,000,446
Prepayments and accrued income: 2,524,583
Net current assets (liabilities): 3,525,029
Total assets less current liabilities: 5,523,120
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: ( 524,522 )
Accruals and deferred income: ( 214,588 )
Total net assets (liabilities): 4,784,010
Capital and reserves
Called up share capital: 1
Share premium account: 0
Other reserves: 0
Profit and loss account: 4,784,009
Total Shareholders' funds: 4,784,010

The notes form part of these financial statements

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 22 February 2024
and signed on behalf of the board by:

Name: L Waldron-Perkins
Status: Director

The notes form part of these financial statements

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    1 month to 31 August 2023
    Average number of employees during the period 28

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 956,215 956,215
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 August 2023 956,215 956,215
Amortisation
Charge for year 0 0
On disposals 0 0
Other adjustments
At 31 August 2023 0 0
Net book value
At 31 August 2023 956,215 956,215

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 205,255 110,000 25,000 18,000 98,000 456,255
Disposals
Revaluations
Transfers
At 31 August 2023 205,255 110,000 25,000 18,000 98,000 456,255
Depreciation
Charge for year
On disposals
Other adjustments
At 31 August 2023
Net book value
At 31 August 2023 205,255 110,000 25,000 18,000 98,000 456,255

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Fixed assets investments note

A fixed asset is a tangible piece of property, plant or equipment (PP&E); a fixed asset is also known as a non-current asset. An asset is fixed because it is an item that a business will not consume, sell or convert to cash within an accounting calendar year.

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Stocks

1 month to 31 August 2023
£
Stocks 45,000
Total 45,000

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

7. Debtors

1 month to 31 August 2023
£
Trade debtors 24,500
Other debtors 0
Total 24,500
Debtors due after more than one year: 0

CYGNET FOOD GROUP (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

8. Current assets investments note

Additions were negative for some categories at 31 August 2023 due to revisions to cost estimates for assets capitalized in 2023-24 relative to the amounts accrued at 31 March 2024.