C2 Cyber Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09885860 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 24 NOVEMBER 2015 TO 30 NOVEMBER 2016

FOR

C2 CYBER LTD

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Intangible assets

4

90

Tangible assets

5

4,303

4,393

Current assets

Debtors

6

11,074

Cash at bank

2,508

13,582

Creditors

Amounts falling due within one year

7

16,942

Net current liabilities

(3,360

)

Total assets less current liabilities

1,033

Provisions for liabilities

8

861

Net assets

172

Capital and reserves

Called up share capital

9

2

Retained earnings

170

Shareholders' funds

172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 31 July 2017 and were signed on its behalf by:

Mr T O'Sullivan - Director

1.	Statutory information

C2 Cyber Limited is a private company, limited by shares, registered in England and Wales. The company's registered

number is 09885860. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ and business address

is 22 Kingsclere Drive, Bishop's Cleeve, Cheltenham, Gloucestershire, GL52 8TG.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts receivable, excluding value added tax, in respect of services provided in the ordinary course

of business. Turnover is recognised when the service has been provided to the customer.

Trademark

The trademark acquired in 2016 is being amortised over its estimated useful life of 10 years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or

past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of

current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing

differences are differences between taxable profits and total comprehensive income as stated in the financial statements

that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are

recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet

date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible

fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the

contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract

that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any

losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the period was 3 .

4.	Intangible fixed assets

Other

intangible

assets

£

Cost

Additions

100

At 30 November 2016

100

Amortisation

Charge for period

10

At 30 November 2016

10

Net book value

At 30 November 2016

90

5.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

Additions

3,810

2,169

5,979

At 30 November 2016

3,810

2,169

5,979

Depreciation

Charge for period

953

723

1,676

At 30 November 2016

953

723

1,676

Net book value

At 30 November 2016

2,857

1,446

4,303

6.

Debtors: amounts falling due within one year

£

Trade debtors

9,187

Prepayments and accrued income

1,887

11,074

7.

Creditors: amounts falling due within one year

£

Tax

3,626

VAT

2,772

Other creditors

3,375

Directors' current accounts

4,775

Accruals and deferred income

2,394

16,942

8.	Provisions for liabilities

£

Deferred tax

861

Deferred

tax

£

Provided during period

861

Balance at 30 November 2016

861

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

10.	Ultimate controlling party

The company is under the control of it's directors, Mr T O'Sullivan and Mr J Wood, by virtue of their combined holding of

100% of the share capital of the company.