Registered number
06651566
CYBERSECURE TECHNOLOGY LTD
Filleted Accounts
31 July 2023
CYBERSECURE TECHNOLOGY LTD
Registered number: 06651566
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,652 2,202
Current assets
Debtors 4 197 294
Cash at bank and in hand 22,027 69,313
22,224 69,607
Creditors: amounts falling due within one year 5 2,941 1,545
Net current assets 25,165 71,152
Total assets less current liabilities 26,817 73,354
Creditors: amounts falling due after more than one year 6 (20,739) (27,512)
Net assets 6,078 45,842
Capital and reserves
Called up share capital 2 2
Profit and loss account 6,076 45,840
Shareholders' funds 6,078 45,842
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Rakesh Soni
Director
Approved by the board on 29 July 2024
CYBERSECURE TECHNOLOGY LTD
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2022 3,496
At 31 July 2023 3,496
Depreciation
At 1 August 2022 1,294
Charge for the year 550
At 31 July 2023 1,844
Net book value
At 31 July 2023 1,652
At 31 July 2022 2,202
4 Debtors 2023 2022
£ £
Other debtors 197 294
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs (3,492) (3,492)
Other creditors 551 1,947
(2,941) (1,545)
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 20,739 27,512
7 Other information
CYBERSECURE TECHNOLOGY LTD is a private company limited by shares and incorporated in England. Its registered office is:
67 The Larches
Ubridge
Middlesex
United Kingdom
UB10 0DN
CYBERSECURE TECHNOLOGY LTD 06651566 false 2022-08-01 2023-07-31 2023-07-31 VT Final Accounts April 2024 Mr Rakesh Soni No description of principal activity 06651566 2021-08-01 2022-07-31 06651566 core:WithinOneYear 2022-07-31 06651566 core:AfterOneYear 2022-07-31 06651566 core:ShareCapital 2022-07-31 06651566 core:RetainedEarningsAccumulatedLosses 2022-07-31 06651566 2022-08-01 2023-07-31 06651566 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 06651566 bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 06651566 bus:Director40 2022-08-01 2023-07-31 06651566 1 2022-08-01 2023-07-31 06651566 2 2022-08-01 2023-07-31 06651566 core:PlantMachinery 2022-08-01 2023-07-31 06651566 countries:England 2022-08-01 2023-07-31 06651566 bus:FRS102 2022-08-01 2023-07-31 06651566 bus:FilletedAccounts 2022-08-01 2023-07-31 06651566 2023-07-31 06651566 core:WithinOneYear 2023-07-31 06651566 core:AfterOneYear 2023-07-31 06651566 core:ShareCapital 2023-07-31 06651566 core:RetainedEarningsAccumulatedLosses 2023-07-31 06651566 core:PlantMachinery 2023-07-31 06651566 2022-07-31 06651566 core:PlantMachinery 2022-07-31 iso4217:GBP xbrli:pure