Silverfin false false 30/04/2024 01/05/2023 30/04/2024 A Goggins 21/11/2019 G J Remfry 21/11/2019 B G J Williams 21/11/2019 13 January 2025 The principal activity of the Company during the financial year was that of of specialist medical practice and other other human health activities. 12327920 2024-04-30 12327920 bus:Director1 2024-04-30 12327920 bus:Director2 2024-04-30 12327920 bus:Director3 2024-04-30 12327920 2023-04-30 12327920 core:CurrentFinancialInstruments 2024-04-30 12327920 core:CurrentFinancialInstruments 2023-04-30 12327920 core:ShareCapital 2024-04-30 12327920 core:ShareCapital 2023-04-30 12327920 core:RetainedEarningsAccumulatedLosses 2024-04-30 12327920 core:RetainedEarningsAccumulatedLosses 2023-04-30 12327920 core:OtherPropertyPlantEquipment 2023-04-30 12327920 core:OtherPropertyPlantEquipment 2024-04-30 12327920 core:CostValuation 2023-04-30 12327920 core:CostValuation 2024-04-30 12327920 2023-05-01 2024-04-30 12327920 bus:FilletedAccounts 2023-05-01 2024-04-30 12327920 bus:SmallEntities 2023-05-01 2024-04-30 12327920 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 12327920 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12327920 bus:Director1 2023-05-01 2024-04-30 12327920 bus:Director2 2023-05-01 2024-04-30 12327920 bus:Director3 2023-05-01 2024-04-30 12327920 core:OtherPropertyPlantEquipment core:TopRangeValue 2023-05-01 2024-04-30 12327920 2022-05-01 2023-04-30 12327920 core:OtherPropertyPlantEquipment 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Company No: 12327920 (England and Wales)

KYROS PROJECT LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

KYROS PROJECT LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

KYROS PROJECT LIMITED

BALANCE SHEET

As at 30 April 2024
KYROS PROJECT LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 8,994 5,521
Investments 4 100 100
9,094 5,621
Current assets
Debtors 5 74,757 84,740
Cash at bank and in hand 139,425 101,026
214,182 185,766
Creditors: amounts falling due within one year 6 ( 61,393) ( 62,846)
Net current assets 152,789 122,920
Total assets less current liabilities 161,883 128,541
Net assets 161,883 128,541
Capital and reserves
Called-up share capital 3 3
Profit and loss account 161,880 128,538
Total shareholders' funds 161,883 128,541

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Kyros Project Limited (registered number: 12327920) were approved and authorised for issue by the Board of Directors on 13 January 2025. They were signed on its behalf by:

B G J Williams
Director
KYROS PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
KYROS PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kyros Project Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery etc. 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 6 6

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 May 2023 10,961 10,961
Additions 8,670 8,670
At 30 April 2024 19,631 19,631
Accumulated depreciation
At 01 May 2023 5,440 5,440
Charge for the financial year 5,197 5,197
At 30 April 2024 10,637 10,637
Net book value
At 30 April 2024 8,994 8,994
At 30 April 2023 5,521 5,521

4. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 May 2023 100
At 30 April 2024 100
Carrying value at 30 April 2024 100
Carrying value at 30 April 2023 100

5. Debtors

2024 2023
£ £
Trade debtors 29,692 34,363
Other debtors 45,065 50,377
74,757 84,740

6. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings 100 100
Corporation tax 21,220 23,833
Other taxation and social security 22,192 27,236
Other creditors 17,881 11,677
61,393 62,846