Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31false372024-04-01No description of principal activity33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07556994 2024-04-01 2025-03-31 07556994 2023-04-01 2024-03-31 07556994 2025-03-31 07556994 2024-03-31 07556994 c:Director1 2024-04-01 2025-03-31 07556994 c:Director2 2024-04-01 2025-03-31 07556994 c:Director3 2024-04-01 2025-03-31 07556994 c:RegisteredOffice 2024-04-01 2025-03-31 07556994 d:Buildings 2024-04-01 2025-03-31 07556994 d:Buildings d:ShortLeaseholdAssets 2024-04-01 2025-03-31 07556994 d:Buildings d:ShortLeaseholdAssets 2025-03-31 07556994 d:Buildings d:ShortLeaseholdAssets 2024-03-31 07556994 d:PlantMachinery 2024-04-01 2025-03-31 07556994 d:PlantMachinery 2025-03-31 07556994 d:PlantMachinery 2024-03-31 07556994 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07556994 d:FurnitureFittings 2024-04-01 2025-03-31 07556994 d:FurnitureFittings 2025-03-31 07556994 d:FurnitureFittings 2024-03-31 07556994 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07556994 d:ComputerEquipment 2024-04-01 2025-03-31 07556994 d:ComputerEquipment 2025-03-31 07556994 d:ComputerEquipment 2024-03-31 07556994 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07556994 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07556994 d:CurrentFinancialInstruments 2025-03-31 07556994 d:CurrentFinancialInstruments 2024-03-31 07556994 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 07556994 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07556994 d:ShareCapital 2025-03-31 07556994 d:ShareCapital 2024-03-31 07556994 d:SharePremium 2025-03-31 07556994 d:SharePremium 2024-03-31 07556994 d:RetainedEarningsAccumulatedLosses 2025-03-31 07556994 d:RetainedEarningsAccumulatedLosses 2024-03-31 07556994 c:FRS102 2024-04-01 2025-03-31 07556994 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07556994 c:FullAccounts 2024-04-01 2025-03-31 07556994 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07556994 d:WithinOneYear 2025-03-31 07556994 d:WithinOneYear 2024-03-31 07556994 d:BetweenOneFiveYears 2025-03-31 07556994 d:BetweenOneFiveYears 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 07556994







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025


CYBERIS LIMITED






































img0597.png                        

 


CYBERIS LIMITED
 


 
COMPANY INFORMATION


Directors
G R Jones 
N K King 
G L Moore 




Registered number
07556994



Registered office
Unit E, The Courtyard
Tewkesbury Business Park

Tewkesbury

Gloucestershire

GL20 8GD




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

KT22 8DY





 


CYBERIS LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7


 


CYBERIS LIMITED
REGISTERED NUMBER:07556994



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,222
10,001

  
3,222
10,001

Current assets
  

Debtors: amounts falling due within one year
 5 
798,825
737,195

Cash at bank and in hand
  
1,400,998
937,789

  
2,199,823
1,674,984

Creditors: amounts falling due within one year
 6 
(1,028,689)
(778,725)

Net current assets
  
 
 
1,171,134
 
 
896,259

Total assets less current liabilities
  
1,174,356
906,260

  

Net assets
  
1,174,356
906,260


Capital and reserves
  

Allotted, called up and fully paid share capital
  
6
6

Share option reserve
  
15,216
12,325

Profit and loss account
  
1,159,134
893,929

  
1,174,356
906,260


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
 
Page 1

 


CYBERIS LIMITED
REGISTERED NUMBER:07556994


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025


The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



G L Moore
Director

Date: 12 June 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


CYBERIS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Cyberis Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office, which is also the trading address, is given in the company information page of there financial statements.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise      specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

 
2.3

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held   separately from the company in independently administered funds.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

 


CYBERIS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.5

Share options

Where share options are awarded to employees, the fair value of the options at the date of grant is charged to profit or loss over the vesting period. Non-market vesting conditions are taken into account by adjusting the number of equity instruments expected to vest at each reporting date so that, ultimately, the cumulative amount recognised over the vesting period is based on the number of options that eventually vest. Market vesting conditions are factored into the fair value of the options granted. The cumulative expense is not adjusted for failure to achieve a market vesting condition.
The fair value of the award also takes into account non-vesting conditions. These are either factors beyond the control of either party (such as a target based on an index) or factors which are within the control of one or other of the parties (such as the Company keeping the scheme open or the employee maintaining any contributions required by the scheme).
Where the terms and conditions of options are modified before they vest, the increase in the fair value of the options, measured immediately before and after the modification, is also charged to profit or loss over the remaining vesting period.
Where equity instruments are granted to persons other than employees, profit or loss is charged with fair value of goods and services received.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the reducing balance basis, and the straight-line method.

Depreciation is provided on the following basis:

Leasehold improvements
-
in accordance with the property
Plant and machinery
-
25% on reducing balance
Fixtures and fittings
-
25% on reducing balance
Computer equipment
-
33% on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 37 (2024 - 33).

Page 4

 


CYBERIS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Improvements to property
Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2024
4,450
3,990
25,014
114,784
148,238


Disposals
-
(2,100)
-
(99,231)
(101,331)



At 31 March 2025

4,450
1,890
25,014
15,553
46,907



Depreciation


At 1 April 2024
4,450
3,542
22,618
107,627
138,237


Charges for the year
-
112
600
5,978
6,690


Disposals
-
(2,011)
-
(99,231)
(101,242)



At 31 March 2025

4,450
1,643
23,218
14,374
43,685



Net book value



At 31 March 2025
-
247
1,796
1,179
3,222



At 31 March 2024
-
448
2,396
7,157
10,001


5.


Debtors

2025
2024
£
£


Trade debtors
573,765
569,920

Other debtors
-
5,042

Prepayments and accrued income
136,218
117,108

Amounts recoverable on long term contracts
82,425
41,880

Deferred taxation
6,417
3,245

798,825
737,195


Page 5

 


CYBERIS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
15,648
-

Trade creditors
83,108
28,942

Corporation tax
255,475
232,777

Other taxation and social security
309,869
251,379

Other creditors
27,815
21,641

Accruals and deferred income
336,774
243,986

1,028,689
778,725



7.


Prior year adjustment

During the year, the directors reviewed the classification of certain expenses previously included within administration expenses. As a result of this review, the directors determined that these costs would be more appropriately classified as cost of sales.

There is no impact on the overall profit for the prior years and there is also no impact on taxation or retained earnings.


8.


Commitments under operating leases

At 31 March 2025 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2025
2024
£
£


Not later than 1 year
33,500
26,614

Later than 1 year and not later than 5 years
127,114
-

160,614
26,614


9.


Share-based payment transactions

On 7 February 2020 the company issued 54 options under the Cyberis Limited EMI Share Option Plan. None were forfeited, exercised or expired in the period. An earnings based valuation was undertaken by a professional firm   and agreed with HM Revenue and Customs. An expense of £2,181 was recognised in the profit and loss account for the year to 31 March 2025 (2024: £2,181) in respect of these, and a carrying amount of £13,086 (2024: £10,905) is shown in reserves at the end of the period.
On 31 March 2023 the company issued 26 options under the Cyberis Limited EMI Share Option Plan. None were forfeited, exercised or expired in the period. An earnings based valuation was undertaken by a professional firm   and agreed with HM Revenue and Customs. An expense of £710 was recognised in the profit and loss account for the year to 31 March 2025 (2024: £710) in respect of these, and a carrying amount of £2,130 (2024: £1,420) is shown in reserves at the end of the period.

Page 6

 


CYBERIS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

10.


Directors' advances, credits and guarantees


2025
2024
£
£

Outstanding at the start of the year
(1,421)
(2,245)
Amounts advanced
505,986
412,706
Amounts repaid
(506,114)
(411,882)
Outstanding at the year end
(1,549)
(1,421)

No interest has been charged on these loans (2024: £nil).

 
Page 7