CYPHAS SOLUTIONS LTD

Company Registration Number
08042734
(England and Wales)

Private limited company limited by shares
Registered office: 82a James Carter Road, Mildenhall, Bury St. Edmunds, IP28 7DE, England

Audit Exempt Micro-Entity Accounts

For the Year Ended 30 April 2023

Prepared in accordance with the micro-entity provisions
of the Companies Act 2006 and FRS 105

CYPHAS SOLUTIONS LTD

Contents

Balance Sheet
Statement of Compliance
Notes to the Financial Statements

CYPHAS SOLUTIONS LTD

Balance sheet

As at 30 April 2023

2023
£		 2022
£
Fixed assets 1,222 1,070
 
Current assets 55,830 24,104
Creditors: amounts falling due within one year (61,427) (17,965)
Net current assets (liabilities) (5,598) 6,139
Total assets less current liabilities (4,376) 7,209
Creditors: amounts falling due after more than one year (6,387) (10,987)
Accruals and deferred income (1,528) (1,528)
 
Total net assets (liabilities) (12,291) (5,306)
 
Capital and reserves (12,291) (5,306)

CYPHAS SOLUTIONS LTD

Balance sheet continued

For the year ending 30 April 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

The accounts were approved by the Board of Directors and authorised for issue on 4 November 2026.

Mr Devereaux Ricardo Kerry Harry-Barnwell
Director

CYPHAS SOLUTIONS LTD

Notes to the Financial Statements

for the Year Ended 30 April 2023

1. Accounting Policies

Turnover
Turnover is recognised when goods are delivered or services are provided.

Taxation
Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors
Debtors are recognised at the settlement amount due.

Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors
Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

CYPHAS SOLUTIONS LTD

Notes to the Financial Statements (continued)

2. Basis of Preparation

These financial statements 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.

3. Employee Information

The average number of employees during the year was 2.

4. Off-balance sheet arrangements

The company had no off-balance sheet arrangements during the year.

CYPHAS SOLUTIONS LTD

Notes to the Financial Statements (continued)

5. Advances, credit and guarantees granted to directors

At the start of the year Mr Devereaux Ricardo Kerry Harry-Barnwell, a director, owed the company £13,591. During the year the company made an advance of £106,693 to Mr Devereaux Ricardo Kerry Harry-Barnwell, a director. The advance is interest-free. No guarantees were entered into on behalf of the directors.

Balance owed at the start of the year£13,591
Advanced during the year£106,693
Repaid during the year£86,269
Balance outstanding at the year end£34,015

£86,269 was repaid during the year, leaving £34,015 outstanding at the year end.

6. Financial commitments, guarantees and contingencies

The company had no financial commitments, guarantees or contingencies that are not included in the balance sheet.