Company registration number 06752379 (England and Wales)
CYGNUS CAPITAL PARTNERS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2026
PAGES FOR FILING WITH REGISTRAR
Airport House
Purley Way
Croydon
CR0 0XZ
CYGNUS CAPITAL PARTNERS LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Statement of changes in equity
4
Notes to the financial statements
5 - 9
CYGNUS CAPITAL PARTNERS LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr L. Whitehead
Company number
06752379
Registered office
Calancombe
Coombe Farm
Modbury
Devon
PL21 0TU
Accountants
TC Group
Airport House
Purley Way
Croydon
CR0 0XZ
CYGNUS CAPITAL PARTNERS LIMITED
BALANCE SHEET
AS AT 31 MAY 2026
31 May 2026
- 2 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,146
2,155
Current assets
Debtors
4
51,111
57,862
Cash at bank and in hand
50,419
84,891
101,530
142,753
Creditors: amounts falling due within one year
5
(71,188)
(74,724)
Net current assets
30,342
68,029
Total assets less current liabilities
31,488
70,184
Creditors: amounts falling due after more than one year
6
-
0
(354)
Provisions for liabilities
(218)
(410)
Net assets
31,270
69,420
Capital and reserves
Called up share capital
7
10,000
10,000
Profit and loss reserves
21,270
59,420
Total equity
31,270
69,420
CYGNUS CAPITAL PARTNERS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2026
31 May 2026
- 3 -

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 4 August 2026
Mr L. Whitehead
Director
Company Registration No. 06752379
CYGNUS CAPITAL PARTNERS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2026
- 4 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 June 2024
10,000
43,331
53,331
Year ended 31 May 2025:
Profit and total comprehensive income for the year
-
16,089
16,089
Balance at 31 May 2025
10,000
59,420
69,420
Year ended 31 May 2026:
Loss and total comprehensive income for the year
-
(38,150)
(38,150)
Balance at 31 May 2026
10,000
21,270
31,270
CYGNUS CAPITAL PARTNERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2026
- 5 -
1
Accounting policies
Company information

Cygnus Capital Partners Limited, registration number 06752379 is a private company limited by shares incorporated in England and Wales. The registered office is Calancombe, Coombe Farm, Modbury, Devon, PL21 0TU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

T urnover from the rendering of services is recognised by reference to the stage of completion of the contract, when the amount of turnover can be measured reliably and it is probable that the company will receive the consideration due under the contract.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). An impairment loss is recognised for the amount by which the asset's carrying value exceeds its recoverable amount. The recoverable amount is the higher of an asset's fair value less costs to sell and value in use.

CYGNUS CAPITAL PARTNERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
1
Accounting policies
(Continued)
- 6 -
1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

CYGNUS CAPITAL PARTNERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
1
Accounting policies
(Continued)
- 7 -
1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
1
1
CYGNUS CAPITAL PARTNERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
- 8 -
3
Tangible fixed assets
Plant and equipment
£
Cost
At 1 June 2025
18,671
Additions
1,232
At 31 May 2026
19,903
Depreciation and impairment
At 1 June 2025
16,516
Depreciation charged in the year
2,241
At 31 May 2026
18,757
Carrying amount
At 31 May 2026
1,146
At 31 May 2025
2,155
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
51,111
57,862
5
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
354
4,194
Trade creditors
9,818
19,725
Taxation and social security
-
0
3,068
Other creditors
61,016
47,737
71,188
74,724
CYGNUS CAPITAL PARTNERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2026
- 9 -
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
-
0
354
7
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
10,000
10,000
10,000
10,000
8
Directors' transactions

During the year, £14,804 (2025: £1,104) was advanced to the director and £19,534 (2025: £19,395) was repaid. At the reporting date, £31,133 (2025: £26,404) was owed to the director by the company. This loan is interest free and repayable on demand.

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