IRIS Accounts Production v24.1.0.578 08719121 director 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary 0.10000 Ordinary A 0.10000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087191212022-10-31087191212023-10-31087191212022-11-012023-10-31087191212021-10-31087191212021-11-012022-10-31087191212022-10-3108719121ns15:EnglandWales2022-11-012023-10-3108719121ns14:PoundSterling2022-11-012023-10-3108719121ns10:Director12022-11-012023-10-3108719121ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3108719121ns10:SmallEntities2022-11-012023-10-3108719121ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3108719121ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3108719121ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3108719121ns10:FullAccounts2022-11-012023-10-3108719121ns10:OrdinaryShareClass12022-11-012023-10-3108719121ns10:OrdinaryShareClass22022-11-012023-10-3108719121ns10:RegisteredOffice2022-11-012023-10-3108719121ns5:CurrentFinancialInstruments2023-10-3108719121ns5:CurrentFinancialInstruments2022-10-3108719121ns5:ShareCapital2023-10-3108719121ns5:ShareCapital2022-10-3108719121ns5:RetainedEarningsAccumulatedLosses2023-10-3108719121ns5:RetainedEarningsAccumulatedLosses2022-10-3108719121ns5:MotorVehicles2022-10-3108719121ns5:ComputerEquipment2022-10-3108719121ns5:MotorVehicles2022-11-012023-10-3108719121ns5:ComputerEquipment2022-11-012023-10-3108719121ns5:MotorVehicles2023-10-3108719121ns5:ComputerEquipment2023-10-3108719121ns5:MotorVehicles2022-10-3108719121ns5:ComputerEquipment2022-10-3108719121ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3108719121ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3108719121ns10:OrdinaryShareClass12023-10-3108719121ns10:OrdinaryShareClass22023-10-31
REGISTERED NUMBER: 08719121 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CERBERUS BUSINESS SOLUTIONS LIMITED

CERBERUS BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08719121)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CERBERUS BUSINESS SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Mr J G McAveety





REGISTERED OFFICE: 96 Curlew Drive
Chippenham
Wiltshire
SN146YQ





REGISTERED NUMBER: 08719121 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Chartered Accountants & Tax Advisers
Unit 2.02 High Weald House
Glovers End, Bexhill,
East Sussex,
United Kingdom
TN39 5ES

CERBERUS BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08719121)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,396 9,009

CURRENT ASSETS
Debtors 5 22,121 19,200
Cash at bank 144,360 187,319
166,481 206,519
CREDITORS
Amounts falling due within one year 6 12,639 37,573
NET CURRENT ASSETS 153,842 168,946
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,238

177,955

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 172,228 177,945
SHAREHOLDERS' FUNDS 172,238 177,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2024 and were signed by:





Mr J G McAveety - Director


CERBERUS BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08719121)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Cerberus Business Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

ACCOUNTING ESTIMATES AND JUDGEMENTS
In preparing the financial statements, management were not required to make any estimates or judgements which materially affect reported income, expenses, assets, liabilities or disclosure of contingent assets and liabilities.

DIVIDENDS
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

TURNOVER
Turnover represents net invoiced sales of services, excluding value added tax.

TANGIBLE FIXED ASSETS
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the financial positionstatement of financial position date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DEBTORS
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

CERBERUS BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08719121)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 November 2022 - 22,028 22,028
Additions 8,250 5,058 13,308
At 31 October 2023 8,250 27,086 35,336
Depreciation
At 1 November 2022 - 13,019 13,019
Charge for year - 3,921 3,921
At 31 October 2023 - 16,940 16,940
Net book value
At 31 October 2023 8,250 10,146 18,396
At 31 October 2022 - 9,009 9,009

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors - 19,200
Other debtors 22,121 -
22,121 19,200

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Taxation and social security 12,639 30,154
Other creditors - 7,419
12,639 37,573

CERBERUS BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08719121)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
70 Ordinary 0.1 7 10
30 Ordinary A 0.1 3 -
10 10