REGISTERED NUMBER: 03663739 (England and Wales)

CYCLAIRE LTD

Unaudited Financial Statements

for the Year Ended 30 September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J T Powell

D Boulton

SECRETARY:

J T Powell

REGISTERED OFFICE:

Claxton House

Claxton

York

North Yorkshire

YO60 7SD

REGISTERED NUMBER:

03663739 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

44,467

51,143

44,467

51,143

CURRENT ASSETS

Stocks

262,651

196,500

Cash at bank and in hand

113,104

113,776

375,755

310,276

CREDITORS

Amounts falling due within one year

6

134,890

96,823

NET CURRENT ASSETS

240,865

213,453

TOTAL ASSETS LESS CURRENT LIABILITIES

285,332

264,596

CREDITORS

Amounts falling due after more than one year

7

6,902

17,230

NET ASSETS

278,430

247,366

CAPITAL AND RESERVES

Called up share capital

197

197

Share premium

156,429

156,429

Retained earnings

121,804

90,740

SHAREHOLDERS' FUNDS

278,430

247,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

D Boulton - Director

J T Powell - Director

1.	STATUTORY INFORMATION

CYCLAIRE LTD 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.

Patents & licences

Patents and licences are amortised on a straight line basis over a ten year period so as to write off the cost of the assets over the estimated useful lives.

Research & development costs

The company capitalises expenditure on specific product design and related activities which directly contribute to technological advancement which it will actively market to its customers in future years. Such expenditure is amortised over the succeeding five years in equal instalments.

Prototypes

Prototype costs are amortised on a straight line basis over a three year period so as to write off the cost of the assets over the estimated useful lives.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tooling

-

at variable rates on reducing balance

Fixtures and fittings

-

15% on reducing balance

Office equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Research

Patents

& developments

and

costs

licences

Design

Prototypes

Totals

£

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

179,060

30,552

10,415

9,145

229,172

AMORTISATION

At 1 October 2024

and 30 September 2025

179,060

30,552

10,415

9,145

229,172

NET BOOK VALUE

At 30 September 2025

-

-

-

-

-

At 30 September 2024

-

-

-

-

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

Tooling

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2024

251,284

6,167

8,063

265,514

Additions

-

-

1,170

1,170

At 30 September 2025

251,284

6,167

9,233

266,684

DEPRECIATION

At 1 October 2024

205,104

2,681

6,586

214,371

Charge for year

6,927

523

396

7,846

At 30 September 2025

212,031

3,204

6,982

222,217

NET BOOK VALUE

At 30 September 2025

39,253

2,963

2,251

44,467

At 30 September 2024

46,180

3,486

1,477

51,143

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

77,575

38,575

Taxation

35,215

36,148

Other creditors

22,100

22,100

134,890

96,823

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

6,902

17,230

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

6,902

17,230