REGISTERED NUMBER: 06922338 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MAY 2025

FOR

CYNAPPS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Chawla

Mrs S Mashari

REGISTERED OFFICE:

4th Floor

Radius House

51 Clarendon Road

Watford

WD17 1HP

REGISTERED NUMBER:

06922338 (England and Wales)

ACCOUNTANTS:

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

5

2,828

4,863

Investments

6

21,296

10,078

24,124

14,941

CURRENT ASSETS

Debtors

3,500

9,810

Cash at bank

117,584

98,342

121,084

108,152

CREDITORS

Amounts falling due within one year

15,082

19,168

NET CURRENT ASSETS

106,002

88,984

TOTAL ASSETS LESS CURRENT LIABILITIES

130,126

103,925

PROVISIONS FOR LIABILITIES

4,324

1,519

NET ASSETS

125,802

102,406

CAPITAL AND RESERVES

Called up share capital

7

2

2

Fair value reserve

12,971

4,558

Retained earnings

112,829

97,846

SHAREHOLDERS' FUNDS

125,802

102,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 December 2025 and were signed on its behalf by:

Mr S Chawla - Director

1.	STATUTORY INFORMATION

Cynapps Limited 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Bicycle

-

25% on reducing balance

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2024

38,638

Additions

1,356

At 31 May 2025

39,994

DEPRECIATION

At 1 June 2024

33,775

Charge for year

3,391

At 31 May 2025

37,166

NET BOOK VALUE

At 31 May 2025

2,828

At 31 May 2024

4,863

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 June 2024

10,078

Revaluations

11,218

At 31 May 2025

21,296

NET BOOK VALUE

At 31 May 2025

21,296

At 31 May 2024

10,078

Cost or valuation at 31 May 2025 is represented by:

Totals

£

Valuation in 2023

1,653

Valuation in 2024

4,424

Valuation in 2025

11,218

Cost

4,001

21,296

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

8.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £5,066 (2024 - £4,660).

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

2025

2024

£

£

Mr S Chawla

Balance outstanding at start of year

1,010

(1,281

)

Amounts advanced

7,515

5,290

Amounts repaid

(10,273

)

(2,999

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,748

)

1,010

Mrs S Mashari

Balance outstanding at start of year

(28

)

(28

)

Amounts repaid

(300

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(328

)

(28

)