Cibsys Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06090821

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,287		7,049

			5,287		7,049
CURRENT ASSETS
Debtors	5	10,904		26,840
Cash at bank and in hand		14,048		10,747

		24,952		37,587
Creditors: Amounts Falling Due Within One Year	6	(17,122 )		(31,319 )

NET CURRENT ASSETS (LIABILITIES)			7,830		6,268

TOTAL ASSETS LESS CURRENT LIABILITIES			13,117		13,317

Creditors: Amounts Falling Due After More Than One Year	7		-		(4,499 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,005 )		(1,339 )

NET ASSETS			12,112		7,479

CAPITAL AND RESERVES
Called up share capital	9		10,000		10,000
Profit and Loss Account			2,112		(2,521 )

SHAREHOLDERS' FUNDS			12,112		7,479

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Cibsys Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr C P Ham

Director

10/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Cibsys Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06090821 . The registered office is No1 2 Greystoke Place, London, EC4A 1GP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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

2.3. Research and Development

Expenditure on research and development is written off in the year in which it is incurred.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.5. Foreign Currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 5)

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Cibsys Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	409	37,061	37,470

As at 31 December 2025	409	37,061	37,470

Depreciation
As at 1 January 2025	222	30,199	30,421
Provided during the period	47	1,715	1,762

As at 31 December 2025	269	31,914	32,183

Net Book Value
As at 31 December 2025	140	5,147	5,287

As at 1 January 2025	187	6,862	7,049

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	9,960	23,400
Other debtors	944	3,440

	10,904	26,840

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	36	6,527
Bank loans and overdrafts	4,220	8,015
Other creditors	7,967	2,597
Taxation and social security	4,899	14,180

	17,122	31,319

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	4,499

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Cibsys Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 January 2025	1,339	1,339
Deferred taxation	(334 )	(334 )

Balance at 31 December 2025	1,005	1,005

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

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