Cycad Security Ltd - Filleted accounts

Registered number

06330365

Cycad Security Ltd

Unaudited Filleted Accounts

31 August 2025

Cycad Security Ltd
Registered number:	06330365
Balance Sheet
as at 31 August 2025

		2025			2024
£		£	£		£

Fixed assets		8,158			1,579
Current assets	385,845			301,904
Prepayments and accrued income	18,549			11,698
	404,394			313,602
Creditors: amounts falling due within one year	(343,772)			(258,242)
Net current assets		60,622			55,360
Total assets less current liabilities		68,780			56,939
Creditors: amounts falling due after more than one year		-			(6,249)
Accruals and deferred income		(63,124)			(50,577)
Net assets		5,656			113

Capital and reserves		5,656			113

Number			Number
Average number of employees		3			1

Other debtors include an interest free loan to a director of £256,541 (2024: £215,121). Advanced during the year was £47,998. Repaid in the year was £6,578. The loan is unsecured, interest free and repayable. At the end of the year the company had a government guaranteed bounce bank loan of £6,195 (2024: £14,489).
The company has a leasing commitment on a vehicle totalling £5,388 (2024:£9,000). At the year end the company had total commitments under non-cancellable operating leases of £76,500. (2024: NIL).
The company is a private company limited by shares and incorporated in England. Its registered office is 34 Arlington Road, London NW1 7HU.
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J D Tyler
Director
Approved by the board on 31 August 2026