REGISTERED NUMBER: 06053925 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Cusulyer Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J P Olver

SECRETARY:

Mrs J D Olver

REGISTERED OFFICE:

36 The Grove

Hales Road

Cheltenham

Gloucestershire

GL52 6SX

REGISTERED NUMBER:

06053925 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

CURRENT ASSETS

Debtors

5

18,538

27,769

Cash at bank

10,538

14,466

29,076

42,235

CREDITORS

Amounts falling due within one year

6

26,611

42,683

NET CURRENT ASSETS/(LIABILITIES)

2,465

(448

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,465

(448

)

CAPITAL AND RESERVES

Called up share capital

7

11

11

Retained earnings

8

2,454

(459

)

SHAREHOLDERS' FUNDS

2,465

(448

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2026 and were signed by:

Mr J P Olver - Director

1.	STATUTORY INFORMATION

Cusulyer Ltd 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

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 the cost less estimated residual value of each asset over its estimated useful life.

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

24,261

458

24,719

Disposals

(24,261

)

-

(24,261

)

At 31 March 2026

-

458

458

DEPRECIATION

At 1 April 2025

24,261

458

24,719

Eliminated on disposal

(24,261

)

-

(24,261

)

At 31 March 2026

-

458

458

NET BOOK VALUE

At 31 March 2026

-

-

-

At 31 March 2025

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

18,024

27,319

Prepayments

514

450

18,538

27,769

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Corporation tax

3,029

1,148

Social security and other taxes

-

199

VAT

1,063

1,648

Directors' current accounts

21,549

38,768

Accrued expenses

970

920

26,611

42,683

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

10

"A" Ordinary

£1

10

10

1

"B" Ordinary

£1

1

1

11

11

8.

RESERVES

Retained

earnings

£

At 1 April 2025

(459

)

Profit for the year

12,913

Dividends

(10,000

)

At 31 March 2026

2,454

9.	RELATED PARTY DISCLOSURES

During the year the director, Mr J P Olver, made net withdrawals from his account of £17,219. The balance on his account at 31 March 2026 was £21,549 in credit (2025 - £38,768).

Also during the year Mr Olver received net dividends from the company of £10,000 (2025 - £1,000).

10.	ULTIMATE CONTROLLING PARTY

Mr J P Olver is the ultimate controlling party by virtue of his holding all of the company's voting share capital.