CYPRO CONSULTING LTD


Directors	MCBRIDE, Robert Peter
	PELTER, Jonathan David


Registered Address	Level 39, One Canada Square
	Canary Wharf
	London
	E14 5AB


Registered Number	14543659 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		3,068		1,345
			3,068		1,345
Current assets
Debtors	4	323,325		122,607
Cash at bank and on hand		80,346		121,360
		403,671		243,967
Creditors amounts falling due within one year	5	(404,968)		(174,135)
Net current assets (liabilities)			(1,297)		69,832
Total assets less current liabilities			1,771		71,177
Provisions for liabilities	6		(767)		(336)
Net assets			1,004		70,841
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			4		69,841
Shareholders' funds			1,004		70,841

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 4 June 2026, and are signed on its behalf by:

MCBRIDE, Robert Peter
Director
Registered Company No. 14543659

CYPRO CONSULTING LTD

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Judgements and key sources of estimation uncertainty
	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below: When calculating the deferred income balance of £179,545 (2024: £nil) as at the year end, an assessment is made using a percentage of completion method. The stage of completion is assessed by management with reference to project progress and underlying contractual terms.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below:

When calculating the deferred income balance of £179,545 (2024: £nil) as at the year end, an assessment is made using a percentage of completion method. The stage of completion is assessed by management with reference to project progress and underlying contractual terms.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

	Defined contribution pension plan
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

	Share-based payments
	The company provides share-based payment arrangements to certain employees. Equity-settled arrangements are measured at fair value (excluding the effect of non-market based vesting conditions) at the date of the grant. The fair value is expensed on a straightline basis over the vesting period. The amount recognised as an expense is adjusted to reflect the actual number of shares or options that will vest. Where equity-settled arrangements are modified, and are of benefit to the employee, the incremental fair value is recognised over the period from the date of modification to date of vesting. Where a modification is not beneficial to the employee there is no change to the charge for share-based payment. Settlements and cancellations are treated as an acceleration of vesting and the unvested amount is recognised immediately in the income statement. No share based payment charge has been recognised, as the fair value of the options at grant date is not material to the financial statements.

Share-based payments

The company provides share-based payment arrangements to certain employees. Equity-settled arrangements are measured at fair value (excluding the effect of non-market based vesting conditions) at the date of the grant. The fair value is expensed on a straightline basis over the vesting period. The amount recognised as an expense is adjusted to reflect the actual number of shares or options that will vest.

Where equity-settled arrangements are modified, and are of benefit to the employee, the incremental fair value is recognised over the period from the date of modification to date of vesting. Where a modification is not beneficial to the employee there is no change to the charge for share-based payment. Settlements and cancellations are treated as an acceleration of vesting and the unvested amount is recognised immediately in the income statement.

No share based payment charge has been recognised, as the fair value of the options at grant date is not material to the financial statements.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	4

2.	Average number of employees


		2025		2024
	Average number of employees during the year	12		3

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 25	2,068	2,068
Additions	2,569	2,569
At 31 December 25	4,637	4,637
Depreciation and impairment
At 01 January 25	723	723
Charge for year	846	846
At 31 December 25	1,569	1,569
Net book value
At 31 December 25	3,068	3,068
At 31 December 24	1,345	1,345

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	102,551	114,556
Other debtors	214,229	3,469
Prepayments and accrued income	6,545	4,582
Total	323,325	122,607


	During the year two Directors advanced loans of £160,430 (2024: £10,980) from the Company. At the balance sheet date, the directors owed the Company £159,423 (2024: £50 owed from the Company) and this amount is included within Other debtors (2024: included within Other creditors). These loans are unsecured, repayable on demand, and bear interest at 2.25% per annum up until March 2025, which increased to 3.75% per annum from April 2025. The full advance of £160,430 (2024: £10,980) represents the highest amount outstanding throughout the year.

During the year two Directors advanced loans of £160,430 (2024: £10,980) from the Company. At the balance sheet date, the directors owed the Company £159,423 (2024: £50 owed from the Company) and this amount is included within Other debtors (2024: included within Other creditors). 

These loans are unsecured, repayable on demand, and bear interest at 2.25% per annum up until March 2025, which increased to 3.75% per annum from April 2025. 

The full advance of £160,430 (2024: £10,980) represents the highest amount outstanding throughout the year.

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	14,649	3,338
Taxation and social security	206,262	168,292
Other creditors	2,512	2,505
Accrued liabilities and deferred income	181,545	-
Total	404,968	174,135

6.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	767	336
Total	767	336

7.	Operating lease commitments
	At 31 December 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £47,325 of which £20,558 is due within one year and £26,767 is due greater than one year and within five years.

8.	Related party transactions
	During the year, the company incurred expenditure of £nil (2024: £2,354) on behalf of a related party, Cypro Ltd, a company controlled by a director of Cypro Consulting Limited. At the reporting date, the loan balance was of £2,354 due from this related party was written off in full to the profit and loss account.