CyberOne Limited 05585059 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is the provision of cyber security managed services Digita Accounts Production Advanced 6.30.9574.0 true true 05585059 2024-02-01 2025-01-31 05585059 2025-01-31 05585059 bus:Director2 1 2025-01-31 05585059 bus:OrdinaryShareClass1 2025-01-31 05585059 bus:OrdinaryShareClass2 bus:CumulativeShares 2025-01-31 05585059 core:CurrentFinancialInstruments 2025-01-31 05585059 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 05585059 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 05585059 core:FurnitureFittingsToolsEquipment 2025-01-31 05585059 core:OtherPropertyPlantEquipment 2025-01-31 05585059 core:OtherRelatedParties 2025-01-31 05585059 bus:SmallEntities 2024-02-01 2025-01-31 05585059 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 05585059 bus:FilletedAccounts 2024-02-01 2025-01-31 05585059 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 05585059 bus:RegisteredOffice 2024-02-01 2025-01-31 05585059 bus:Director2 2024-02-01 2025-01-31 05585059 bus:Director2 1 2024-02-01 2025-01-31 05585059 bus:OrdinaryShareClass1 2024-02-01 2025-01-31 05585059 bus:OrdinaryShareClass2 bus:CumulativeShares 2024-02-01 2025-01-31 05585059 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 05585059 core:NegativeGoodwill 2024-02-01 2025-01-31 05585059 core:FurnitureFittings 2024-02-01 2025-01-31 05585059 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 05585059 core:OfficeEquipment 2024-02-01 2025-01-31 05585059 core:OtherPropertyPlantEquipment 2024-02-01 2025-01-31 05585059 core:PlantMachinery 2024-02-01 2025-01-31 05585059 core:OtherRelatedParties 2024-02-01 2025-01-31 05585059 countries:EnglandWales 2024-02-01 2025-01-31 05585059 2024-01-31 05585059 bus:Director2 1 2024-01-31 05585059 core:FurnitureFittingsToolsEquipment 2024-01-31 05585059 core:OtherPropertyPlantEquipment 2024-01-31 05585059 core:OtherRelatedParties 2024-01-31 05585059 2023-02-01 2024-01-31 05585059 2024-01-31 05585059 bus:Director2 1 2024-01-31 05585059 bus:OrdinaryShareClass1 2024-01-31 05585059 bus:OrdinaryShareClass2 bus:CumulativeShares 2024-01-31 05585059 core:CurrentFinancialInstruments 2024-01-31 05585059 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 05585059 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 05585059 core:FurnitureFittingsToolsEquipment 2024-01-31 05585059 core:OtherPropertyPlantEquipment 2024-01-31 05585059 core:OtherRelatedParties 2024-01-31 05585059 bus:Director2 1 2023-02-01 2024-01-31 05585059 2023-01-31 05585059 bus:Director2 1 2023-01-31 05585059 core:OtherRelatedParties 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05585059

CyberOne Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 January 2025

CyberOne Limited

(Registration number: 05585059)
Abridged Balance Sheet as at 31 January 2025

| Note | 2025 £ | 2024 £
Tangible assets | 4 | 41,087 | 29,879
Current assets |  |  |
Debtors | 5 | 1,807,704 | 2,173,789
Cash at bank and in hand |  | 467,071 | 84,448
|  | 2,274,775 | 2,258,237
Prepayments and accrued income |  | 1,024,896 | 903,304
Creditors: Amounts falling due within one year | 6.1 | (1,506,943) | (1,321,445)
Net current assets |  | 1,792,728 | 1,840,096
Total assets less current liabilities |  | 1,833,815 | 1,869,975
Creditors: Amounts falling due after more than one year | 6.2 | (50,000) | (100,000)
Provisions for liabilities |  | - | (9,318)
Accruals and deferred income |  | (1,627,568) | (1,358,638)
Net assets |  | 156,247 | 402,019
Capital and reserves |  |  |
Called up share capital | 7 | 103 | 100
Share premium reserve |  | 29,997 | -
Retained earnings |  | 126,147 | 401,919
Shareholders' funds |  | 156,247 | 402,019

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

CyberOne Limited

(Registration number: 05585059)
Abridged Balance Sheet as at 31 January 2025

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 September 2025 and signed on its behalf by:

......................................... D J I List Director

CyberOne Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 6 Linford Forum
18 Rockingham Drive
Milton Keynes
Bucks
MK14 6LY

These financial statements were authorised for issue by the Board on 15 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Grants are recorded on a receivable basis.

CyberOne Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 20% reducing balance basis
Furniture and fittings | 15% reducing balance basis
Office equipment | 20% reducing balance basis

Negative goodwill

Negative goodwill arising on an acquisition is recognised on the face of the balance sheet on the acquisition date and subsequently the excess up to the fair value of non-monetary assets acquired is recognised in profit or loss in the periods in which the non-monetary assets are recovered.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

CyberOne Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

CyberOne Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 33 (2024 - 33).

4 | Tangible assets

| Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
At 1 February 2024 | 175,759 | 50,408 | 226,167
Additions | 21,052 | - | 21,052
At 31 January 2025 | 196,811 | 50,408 | 247,219
Depreciation
At 1 February 2024 | 147,241 | 49,047 | 196,288
Charge for the year | 9,572 | 272 | 9,844
At 31 January 2025 | 156,813 | 49,319 | 206,132
Carrying amount
At 31 January 2025 | 39,998 | 1,089 | 41,087
At 31 January 2024 | 28,518 | 1,361 | 29,879

5 | Debtors

Debtors includes £Nil (2024 - £Nil) due after more than one year.

CyberOne Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

6 | Creditors

Creditors: amounts falling due within one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £50,000 (2024- £50,000).

Creditors: amounts falling due after more than one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £50,000 (2024 - £100,000).

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £0.001 each | 100,000 | 100 | 100,000 | 100
B Ordinary shares of £0.001 each | 3,157 | 3 | - | -
| 103,157 | 103 | 100,000 | 100

8 | Related party transactions

CyberOne Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

Transactions with directors

2025 | At 1 February 2024 £ | Advances to director £ | Repayments by director £ | At 31 January 2025 £
D J I List
Directors loan account | (299,749) | (319,059) | 299,749 | (319,059)

2024 | At 1 February 2023 £ | Advances to director £ | Repayments by director £ | At 31 January 2024 £
D J I List
Directors loan account | (240,000) | (299,749) | 240,000 | (299,749)

CyberOne Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2025

Directors' remuneration

Summary of transactions with other related parties

Digital Labs (Technologies) Ltd (a company under common control)
Expenditure incurred and recharged

Loans to related parties

2025 | Other related parties £ | Total £
At start of period | 630,086 | 630,086
At end of period | 630,086 | 630,086

2024 | Other related parties £ | Total £
At start of period | 630,086 | 630,086
At end of period | 630,086 | 630,086