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REGISTERED NUMBER: 07124160 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Cyber Automotive Solution Limited

Cyber Automotive Solution Limited (Registered number: 07124160)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cyber Automotive Solution Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Y Li





REGISTERED OFFICE: 7 Oliver Terrace
Pontypridd
Mid Glamorgan
CF37 1TN





REGISTERED NUMBER: 07124160 (England and Wales)





ACCOUNTANTS: Fong Baldwin & Co
Chartered Certified Accountants
PO Box 2664
London
W1A 3SD

Cyber Automotive Solution Limited (Registered number: 07124160)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 905 181

CURRENT ASSETS
Stocks 152,422 152,001
Debtors 5 320 1,741
Cash at bank and in hand 39,786 41,684
192,528 195,426
CREDITORS
Amounts falling due within one year 6 184,542 168,241
NET CURRENT ASSETS 7,986 27,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,891

27,366

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,791 27,266
SHAREHOLDERS' FUNDS 8,891 27,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 Income Statement has not been delivered.

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





Y Li - Director


Cyber Automotive Solution Limited (Registered number: 07124160)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Cyber Automotive Solution 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Cyber Automotive Solution Limited (Registered number: 07124160)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 508
Additions 950
At 31 January 2024 1,458
DEPRECIATION
At 1 February 2023 327
Charge for year 226
At 31 January 2024 553
NET BOOK VALUE
At 31 January 2024 905
At 31 January 2023 181

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 320 1,741

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 48,370 41,665
Taxation and social security 2,015 4,181
Other creditors 134,157 122,395
184,542 168,241