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Registered Number: 02793570


 

 

 

CYPRUS-BRITISH CHAMBER OF COMMERCE AND INDUSTRY


Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
Directors Charalambos Michael SOPHOCLIDES
Antonios Prodromou YEROLEMOU
Registered Number 02793570
Registered Office C/O HAGLEY COURT 1ST FLOOR
40 VICARAGE ROAD BIRMINGHAM
B15 3EZ
Accountants Marneros Marcus & Co Ltd
First Floor, Hagley Court
40 Vicarage Road, Edgbaston
Birmingham
West Midlands
B15 3EZ
1
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 31 March 2024.
Principal activities
Principal activity of the company during the financial was of to promote trading between Cyprus and United Kingdom.
Directors
The directors who served the company throughout the year were as follows:
Charalambos Michael SOPHOCLIDES
Antonios Prodromou YEROLEMOU
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
Charalambos Michael SOPHOCLIDES
Director

Date approved: 05 April 2024
2
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Marneros Marcus & Co Ltd
31 March 2024



....................................................
Marneros Marcus & Co Ltd
First Floor, Hagley Court
40 Vicarage Road, Edgbaston
Birmingham
West Midlands
B15 3EZ
05 April 2024
3
 
 
Notes
 
2024
£
  2023
£
Current assets      
Cash at bank and in hand 1    1 
Net current assets 1    1 
 
Total assets less current liabilities 1    1 
Net assets 1    1 
 

Capital and reserves
     
Profit and loss account 1    1 
Shareholder's funds 1    1 
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 05 April 2024 and were signed on its behalf by:


-------------------------------
Charalambos Michael SOPHOCLIDES
Director
4
  Retained Earnings   Total
£ £
At 01 April 2022 1 
Total comprehensive income for the year
Total investments by and distributions to owners
At 31 March 2023 1 
At 01 April 2023 1 
Total comprehensive income for the year
Total investments by and distributions to owners
At 31 March 2024 1 
5
General Information
CYPRUS-BRITISH CHAMBER OF COMMERCE AND INDUSTRY is a private company, limited by shares, registered in , registration number 02793570, registration address C/O HAGLEY COURT 1ST FLOOR, 40 VICARAGE ROAD BIRMINGHAM, B15 3EZ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
6