Company Registration No. 09900132 (England and Wales)
Cylvabirch Ltd
Unaudited accounts
for the year ended 31 March 2021
Cylvabirch Ltd
Unaudited accounts
Contents
Cylvabirch Ltd
Company Information
for the year ended 31 March 2021
Directors
Mr David Birch
Mrs Susan Birch
Company Number
09900132 (England and Wales)
Registered Office
2 The Links
Whitehill
Bordon
Hampshire
GU35 9HB
Accountants
Mad About Book-Keeping Limited
Wolfe Mead
Farnham Road
Bordon
Hampshire
GU35 0NH
Cylvabirch Ltd
Statement of financial position
as at 31 March 2021
Cash at bank and in hand
4,716
1,887
Creditors: amounts falling due within one year
(23,609)
(17,538)
Net current liabilities
(18,367)
(14,810)
Total assets less current liabilities
(16,682)
(13,865)
Creditors: amounts falling due after more than one year
(637)
-
Provisions for liabilities
Net liabilities
(17,319)
(14,045)
Called up share capital
2
2
Profit and loss account
(17,321)
(14,047)
Shareholders' funds
(17,319)
(14,045)
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2021 and were signed on its behalf by
Mr David Birch
Director
Company Registration No. 09900132
Cylvabirch Ltd
Notes to the Accounts
for the year ended 31 March 2021
Cylvabirch Ltd is a private company, limited by shares, registered in England and Wales, registration number 09900132. The registered office is 2 The Links, Whitehill, Bordon, Hampshire, GU35 9HB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
At the balance sheet date the company has net liabilities of £17,319. The ability of the company to continue to trade is dependant upon the continuing support of the directors.
The directors are of the opinion that the company will continue to receive this support and on this basis considers it appropriate to prepare the accounts on a going concern basis.
The financial statements do not include any adjustments that would result from the withdrawal of support by the directors.
Cylvabirch Ltd
Notes to the Accounts
for the year ended 31 March 2021
4
Tangible fixed assets
Computer equipment
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Computer equipment
976
-
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
526
841
6
Creditors: amounts falling due within one year
2021
2020
Obligations under finance leases and hire purchase contracts
347
-
Loans from directors
23,162
17,538
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
637
-
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
