Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 08379739 Mr Phil Topliss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08379739 2023-01-31 08379739 2024-01-31 08379739 2023-02-01 2024-01-31 08379739 frs-core:Non-currentFinancialInstruments 2024-01-31 08379739 frs-core:ComputerEquipment 2023-02-01 2024-01-31 08379739 frs-core:FurnitureFittings 2023-02-01 2024-01-31 08379739 frs-core:PlantMachinery 2023-02-01 2024-01-31 08379739 frs-core:ShareCapital 2024-01-31 08379739 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08379739 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08379739 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 08379739 frs-bus:SmallEntities 2023-02-01 2024-01-31 08379739 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08379739 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08379739 frs-bus:Director1 2023-02-01 2024-01-31 08379739 frs-countries:EnglandWales 2023-02-01 2024-01-31 08379739 2022-01-31 08379739 2023-01-31 08379739 2022-02-01 2023-01-31 08379739 frs-core:Non-currentFinancialInstruments 2023-01-31 08379739 frs-core:ShareCapital 2023-01-31 08379739 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 08379739
Cyclo Monster Limited
ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Nicholson Tax & Accounts
8 Chapel Street
Belper
DE56 1AR
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 08379739
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,650 6,574
5,650 6,574
CURRENT ASSETS
Stocks 147,685 184,127
Debtors 2,480 5,708
Cash at bank and in hand 64,695 103,107
214,860 292,942
Creditors: Amounts Falling Due Within One Year (103,362 ) (122,839 )
NET CURRENT ASSETS (LIABILITIES) 111,498 170,103
TOTAL ASSETS LESS CURRENT LIABILITIES 117,148 176,677
Creditors: Amounts Falling Due After More Than One Year (15,833 ) (25,833 )
NET ASSETS 101,315 150,844
CAPITAL AND RESERVES
Called up share capital 5 1 1
Profit and Loss Account 101,314 150,843
SHAREHOLDERS' FUNDS 101,315 150,844
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Phil Topliss
Director
29th October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Cyclo Monster Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08379739 . The registered office is 76 Derby Road, Spondon, Derby, DE21 7LX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 7)
6 7
4. Tangible Assets
Total
£
Cost
As at 1 February 2023 26,249
Additions 959
As at 31 January 2024 27,208
Depreciation
As at 1 February 2023 19,675
Provided during the period 1,883
As at 31 January 2024 21,558
Net Book Value
As at 31 January 2024 5,650
As at 1 February 2023 6,574
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4