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REGISTERED NUMBER: 07783101 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

FOR

ARCULUS CYBER SECURITY LIMITED

ARCULUS CYBER SECURITY LIMITED (REGISTERED NUMBER: 07783101)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ARCULUS CYBER SECURITY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023







DIRECTORS: A J France
A E Young
Ms R Billen





REGISTERED OFFICE: 40 Caversham Road
Reading
Berkshire
RG1 7EB





REGISTERED NUMBER: 07783101 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

ARCULUS CYBER SECURITY LIMITED (REGISTERED NUMBER: 07783101)

BALANCE SHEET
31 DECEMBER 2023

2023 2023
Comparative
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 2,883 -
Investments 4 150 150
3,033 150

CURRENT ASSETS
Debtors 5 617,794 362,112
Cash at bank 323,447 528,216
941,241 890,328
CREDITORS
Amounts falling due within one year 6 813,326 762,271
NET CURRENT ASSETS 127,915 128,057
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,948

128,207

PROVISIONS FOR LIABILITIES 548 -
NET ASSETS 130,400 128,207

CAPITAL AND RESERVES
Called up share capital 152 152
Retained earnings 130,248 128,055
SHAREHOLDERS' FUNDS 130,400 128,207

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

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

The directors acknowledge their 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





A J France - Director


ARCULUS CYBER SECURITY LIMITED (REGISTERED NUMBER: 07783101)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

1. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on cost
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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 period 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - 2 ).

ARCULUS CYBER SECURITY LIMITED (REGISTERED NUMBER: 07783101)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

3. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 458 - 458
Additions - 3,179 3,179
Disposals - (458 ) (458 )
At 31 December 2023 458 2,721 3,179
DEPRECIATION
At 1 April 2023 458 - 458
Charge for period - 296 296
Eliminated on disposal (458 ) - (458 )
At 31 December 2023 - 296 296
NET BOOK VALUE
At 31 December 2023 458 2,425 2,883
At 31 March 2023 - - -

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 December 2023 150
NET BOOK VALUE
At 31 December 2023 150
At 31 March 2023 150

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
Comparative
£    £   
Trade debtors 606,468 -
Amounts owed by group undertakings 4,276 4,276
Directors' loan accounts 410 -
VAT 3,712 73,167
Accruals - 284,669
Prepayments 2,928 -
617,794 362,112

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
Comparative
£    £   
Trade creditors 601,815 522,746
Tax 1,847 10,782
Other creditors 200,000 200,000
Accrued expenses 9,664 28,743
813,326 762,271

ARCULUS CYBER SECURITY LIMITED (REGISTERED NUMBER: 07783101)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 December 2023 and 31 March 2023:

2023 2023
Comparative
£    £   
P Ellis
Balance outstanding at start of period - -
Amounts advanced 410 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 410 -

This balance represented the maximum amount outstanding during the period, and loan was interest free and repayable on demand.

8. RELATED PARTY DISCLOSURES

At the balance sheet date, included in other creditors, £200,000 (£2023: £200,000) was owed to G&P Holdings Limited a shareholder in the company of which P Ellis was also a director.

9. POST BALANCE SHEET EVENTS

On 12 March 2024, after the balance sheet date, the company was 100% acquired by Bridewell Consulting Limited. The new ultimate parent company at that point was Bridewell Group Holdings Limited.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.

This was by virtue of their 80% holding of the issued share capital.