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REGISTERED NUMBER: 08934169 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Cyrus Health Limited

Cyrus Health Limited (Registered number: 08934169)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cyrus Health Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Dr C Cyrus





REGISTERED OFFICE: 1434 London Road
Leigh on Sea
Essex
SS9 2UL





REGISTERED NUMBER: 08934169 (England and Wales)





ACCOUNTANTS: Butlers Chartered Accountants
1434 London Road
Leigh on Sea
Essex
SS9 2UL

Cyrus Health Limited (Registered number: 08934169)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,867 21,116

CURRENT ASSETS
Debtors 5 758 600
Cash at bank and in hand 137,723 110,027
138,481 110,627
CREDITORS
Amounts falling due within one year 6 22,048 9,973
NET CURRENT ASSETS 116,433 100,654
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,300

121,770

CREDITORS
Amounts falling due after more than one
year

7

(11,781

)

(13,864

)

PROVISIONS FOR LIABILITIES (2,992 ) (3,990 )
NET ASSETS 117,527 103,916

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 117,427 103,816
SHAREHOLDERS' FUNDS 117,527 103,916

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Cyrus Health Limited (Registered number: 08934169)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 February 2025 and were signed by:





Dr C Cyrus - Director


Cyrus Health Limited (Registered number: 08934169)

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

1. STATUTORY INFORMATION

Cyrus Health 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company contributes into a personal pension scheme of the director. Contributions payable for the year are charged in the profit and loss account.

Cyrus Health Limited (Registered number: 08934169)

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

2. ACCOUNTING POLICIES - continued

Pensions paid
The company makes payments into the personal pension of the director. The amounts paid are disclosed in the year in which they are made.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023
and 31 May 2024 8,814 5,558 27,577 4,809 46,758
DEPRECIATION
At 1 June 2023 8,042 1,715 12,065 3,820 25,642
Charge for year 163 961 3,878 247 5,249
At 31 May 2024 8,205 2,676 15,943 4,067 30,891
NET BOOK VALUE
At 31 May 2024 609 2,882 11,634 742 15,867
At 31 May 2023 772 3,843 15,512 989 21,116

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 27,577
DEPRECIATION
At 1 June 2023 12,065
Charge for year 3,878
At 31 May 2024 15,943
NET BOOK VALUE
At 31 May 2024 11,634
At 31 May 2023 15,512

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 758 600

Cyrus Health Limited (Registered number: 08934169)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 2,083 1,856
Taxation and social security 19,546 7,436
Other creditors 419 681
22,048 9,973

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 11,781 13,864

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr C Cyrus.