Cynet Group Limited
Cynet Group Limited
Registered number: 09847239
Unaudited Financial Statements
For The Year Ended 31 October 2017
Cynet Group Limited
Unaudited Financial Statements
For The Year Ended 31 October 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3—4 |
Cynet Group Limited
Balance Sheet
As at
31 October 2017
Balance Sheet
Registered number:
09847239
For the year ending 31 October 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2017 | 2016 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 2 |
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| Creditors: Amounts Falling Due Within One Year | 3 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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| NET ASSETS |
( |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 4 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | (1,408) | (649) | |||
Directors' responsibilities:
-
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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Page 1
Cynet Group Limited
Balance Sheet (continued)
As at
31 October 2017
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Cynet Group Limited
Notes to the Financial Statements
For The Year Ended 31 October 2017
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
1.3.
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.
Investments
| Listed | |
|---|---|
| £ | |
| Cost | |
| As at |
5,000 |
| As at |
5,000 |
| Provision | |
| As at |
- |
| As at |
- |
| Net Book Value | |
| As at |
5,000 |
| As at |
5,000 |
Investments represents 25% share capital in Cineark Limited, a company registered and incorporated in United Kingdom.
3.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| Sharesholders account |
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| Accruals |
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Page 3
Cynet Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2017
4.
Share Capital
| 2017 | 2016 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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| Value | Number | 2017 | 2016 | ||
|---|---|---|---|---|---|
| Allotted and called up | £ | £ | £ | ||
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100 | 100 | |
5.
General Information
Cynet Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09847239 . The registered office is 22 Eastcheap, 2nd Floor, London, United Kingdom, EC3M 1EU.
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