Cybersoft Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02992820 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

CYBERSOFT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

N Nicholaou

D M Kaye

Secretary:

N Nicholaou

Registered office:

Northside House

69 Tweedy Road

Bromley

Kent

BR1 3WA

Registered number:

02992820 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

Northside House

69 Tweedy Road

Bromley

Kent

BR1 3WA

Fixed assets

Tangible assets

4

341

455

Current assets

Stocks

11,000

11,343

Debtors

5

1,026

240

Cash at bank

28,449

16,988

40,475

28,571

Creditors

Amounts falling due within one year

6

32,623

7,106

Net current assets

7,852

21,465

Total assets less current liabilities

8,193

21,920

Capital and reserves

Called up share capital

7

100

100

Retained earnings

8

8,093

21,820

Shareholders' funds

8,193

21,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 30 April 2018 and were signed on its behalf by:

N Nicholaou - Director

1.	Statutory information

Cybersoft Limited 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 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 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 each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

3.	Employees and directors

The average number of employees during the year was 1 (2016 - 1 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

Cost

At 1 January 2017

and 31 December 2017

2,255

539

2,794

Depreciation

At 1 January 2017

1,802

537

2,339

Charge for year

113

1

114

At 31 December 2017

1,915

538

2,453

Net book value

At 31 December 2017

340

1

341

At 31 December 2016

453

2

455

5.

Debtors: amounts falling due within one year

31.12.17

31.12.16

£

£

Trade debtors

1,026

-

Other debtors

-

240

1,026

240

6.

Creditors: amounts falling due within one year

31.12.17

31.12.16

£

£

Taxation and social security

3,673

4,790

Other creditors

28,950

2,316

32,623

7,106

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.17

31.12.16

value:

£

£

100

Ordinary

£1

100

100

8.

Reserves

Retained

earnings

£

At 1 January 2017

21,820

Profit for the year

7,273

Dividends

(21,000

)

At 31 December 2017

8,093

9.	Related party disclosures

During the year, total dividends of £21,000 were paid to the directors .

N Nicholaou

Director

31.12.17

31.12.16

£

£

Amount due to related party at the balance sheet date

26,650

116