Acorah Software Products - Accounts Production 16.1.300 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 12772884 Mr Nikolay Fetisov iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12772884 2023-03-31 12772884 2024-03-31 12772884 2023-04-01 2024-03-31 12772884 frs-core:ShareCapital 2024-03-31 12772884 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12772884 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12772884 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 12772884 frs-bus:SmallEntities 2023-04-01 2024-03-31 12772884 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12772884 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12772884 frs-bus:Director1 2023-04-01 2024-03-31 12772884 frs-countries:EnglandWales 2023-04-01 2024-03-31 12772884 2022-03-31 12772884 2023-03-31 12772884 2022-04-01 2023-03-31 12772884 frs-core:ShareCapital 2023-03-31 12772884 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12772884
CYCLONITE LIMITED
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 12772884
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 550 550
Debtors 23,812 884
Cash at bank and in hand 126 900
24,488 2,334
Creditors: Amounts Falling Due Within One Year (128,254 ) (9,252 )
NET CURRENT ASSETS (LIABILITIES) (103,766 ) (6,918 )
TOTAL ASSETS LESS CURRENT LIABILITIES (103,766 ) (6,918 )
NET LIABILITIES (103,766 ) (6,918 )
CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and Loss Account (103,767 ) (6,919 )
SHAREHOLDERS' FUNDS (103,766) (6,918)
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Nikolay Fetisov
Director
18/12/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
CYCLONITE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12772884 . The registered office is Gable House, 239 Regents Park Road, London, N3 3LF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the director has reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to
adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable and net of discounts. Turnover includes revenue earned from the sale of goods and rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3