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Company Registration No. 13298511 (England and Wales)
Cyra Group Ltd Unaudited accounts for the year ended 31 March 2025
Cyra Group Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Cyra Group Ltd Company Information for the year ended 31 March 2025
Director
David John O'Flynn
Company Number
13298511 (England and Wales)
Registered Office
UNIT 25 MOUNT PLEASANT INDUSTRIAL ESTATE SOUTHAMPTON SO14 0SP ENGLAND
Accountants
Accountancy Solutions (Winchester) Limited Trafalgar House 223 Southampton Road Portchester Hampshire PO6 4PY
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Cyra Group Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
2,953
4,593
Tangible assets
5
646
4,877
3,599
9,470
Current assets
Inventories
12,476
3,172
Debtors
6
14,281
14,174
Cash at bank and in hand
6,863
4,344
33,620
21,690
Creditors: amounts falling due within one year
7
(8,447)
(210)
Net current assets
25,173
21,480
Total assets less current liabilities
28,772
30,950
Creditors: amounts falling due after more than one year
8
(6,007)
(10,008)
Net assets
22,765
20,942
Capital and reserves
Called up share capital
10
10
Profit and loss account
22,755
20,932
Shareholders' funds
22,765
20,942
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 October 2025 and were signed on its behalf by
David John O'Flynn Director Company Registration No. 13298511
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Cyra Group Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Cyra Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13298511. The registered office is UNIT 25 MOUNT PLEASANT INDUSTRIAL ESTATE, SOUTHAMPTON, SO14 0SP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Going concern
The directors have confirmed that they will continue to give financial support to the company until such time as its position improves. The directors consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support were withdrawn
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortised at 20% SL
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Cyra Group Ltd Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 April 2024
-
8,201
8,201
At 31 March 2025
-
8,201
8,201
Amortisation
At 1 April 2024
-
3,608
3,608
Charge for the year
1,640
-
1,640
At 31 March 2025
1,640
3,608
5,248
Net book value
At 31 March 2025
(1,640)
4,593
2,953
At 31 March 2024
-
4,593
4,593
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
4,286
10,350
2,284
16,920
At 31 March 2025
4,286
10,350
2,284
16,920
Depreciation
At 1 April 2024
3,214
7,116
1,713
12,043
Charge for the year
1,072
2,588
571
4,231
At 31 March 2025
4,286
9,704
2,284
16,274
Net book value
At 31 March 2025
-
646
-
646
At 31 March 2024
1,072
3,234
571
4,877
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
(315)
(460)
Trade debtors
10,973
11,728
Deferred tax asset
2,160
2,160
Other debtors
1,463
746
14,281
14,174
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
8,628
204
Taxes and social security
(181)
6
8,447
210
- 6 -
Cyra Group Ltd Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
6,007
10,008
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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