Cysis Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04177986 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 APRIL 2015 TO 30 SEPTEMBER 2015

FOR

CYSIS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

H R Russell

REGISTERED OFFICE:

c/o Fletcher Thompson

8 Kings Court

Willie Snaith Road

Newmarket

Suffolk

CB8 7SG

REGISTERED NUMBER:

04177986 (England and Wales)

ACCOUNTANTS:

Fletcher Thompson

8 Kings Court

Willie Snaith Road

Newmarket

Suffolk

CB8 7SG

FIXED ASSETS

Tangible assets

2

-

341

CURRENT ASSETS

Debtors

24,996

30,536

Cash at bank

4,818

13,472

29,814

44,008

CREDITORS

Amounts falling due within one year

23,245

33,248

NET CURRENT ASSETS

6,569

10,760

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,569

11,101

PROVISIONS FOR LIABILITIES

-

68

NET ASSETS

6,569

11,033

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

6,469

10,933

SHAREHOLDERS' FUNDS

6,569

11,033

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 6 June 2016 and were signed by:

H R Russell - Director

1.	ACCOUNTING POLICIES

ACCOUNTING CONVENTION

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

TURNOVER

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added

Tax.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

1,922

Disposals

(1,922

)

At 30 September 2015

-

DEPRECIATION

At 1 April 2015

1,581

Eliminated on disposal

(1,581

)

At 30 September 2015

-

NET BOOK VALUE

At 30 September 2015

-

At 31 March 2015

341

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

31.3.15

value:

£

100

Ordinary

£1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 September 2015 and the year ended

31 March 2015:

30.9.15

31.3.15

£

H R Russell

Balance outstanding at start of period

490

28,971

Amounts advanced

17,439

-

Amounts repaid

-

(28,481

)

Balance outstanding at end of period

17,929

490

Interest has been charged on the average balance of the loan at a rate of 3%. The interest charged of £137 has been added

to the loan. The loan is repayable on demand.