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REGISTERED NUMBER: 08629027 (England and Wales)


















Cryptech Solutions Ltd

Unaudited Financial Statements

for the Year Ended 31 July 2024






Cryptech Solutions Ltd (Registered number: 08629027)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cryptech Solutions Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr P S Goss





REGISTERED OFFICE: Delta 606
Delta Business Park
Welton Road
Swindon
SN5 7XF





REGISTERED NUMBER: 08629027 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

Cryptech Solutions Ltd (Registered number: 08629027)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,239 11,850

CURRENT ASSETS
Debtors 5 97,572 76,400
Cash at bank 42,867 27,648
140,439 104,048
CREDITORS
Amounts falling due within one year 6 (51,616 ) (34,970 )
NET CURRENT ASSETS 88,823 69,078
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,062

80,928

CREDITORS
Amounts falling due after more than one year 7 - (5,597 )
NET ASSETS 92,062 75,331

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 91,962 75,231
SHAREHOLDERS' FUNDS 92,062 75,331

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Cryptech Solutions Ltd (Registered number: 08629027)

Balance Sheet - continued
31 July 2024


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 4 February 2025 and were signed by:





Mr P S Goss - Director


Cryptech Solutions Ltd (Registered number: 08629027)

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

1. STATUTORY INFORMATION

Cryptech Solutions Ltd 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 - 20% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current 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 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.

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.

3. EMPLOYEES AND DIRECTORS

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

Cryptech Solutions Ltd (Registered number: 08629027)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 472 308 53,328 3,299 57,407
Additions 2,449 - - 1,265 3,714
Disposals - - - (417 ) (417 )
At 31 July 2024 2,921 308 53,328 4,147 60,704
DEPRECIATION
At 1 August 2023 335 283 42,663 2,276 45,557
Charge for year 581 23 10,658 1,062 12,324
Eliminated on disposal - - - (416 ) (416 )
At 31 July 2024 916 306 53,321 2,922 57,465
NET BOOK VALUE
At 31 July 2024 2,005 2 7 1,225 3,239
At 31 July 2023 137 25 10,665 1,023 11,850

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 19,200 3,600
Other debtors 78,372 72,800
97,572 76,400

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,597 8,396
Trade creditors 190 -
Taxation and social security 45,829 26,440
Other creditors - 134
51,616 34,970

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 5,597

Cryptech Solutions Ltd (Registered number: 08629027)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Mr P S Goss
Balance outstanding at start of year 100 -
Amounts advanced 24 100
Amounts repaid (100 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 24 100