Company Registration No. 01791298 (England and Wales)
Sybersolve Solutions Limited
Unaudited accounts
for the year ended 31 December 2017
Sybersolve Solutions Limited
Unaudited accounts
Contents
Sybersolve Solutions Limited
Company Information
for the year ended 31 December 2017
Directors
D Plucinsky
S Kendrick
Ayr International Holdings Limited
Company Number
01791298 (England and Wales)
Registered Office
NO.1 FARRIER'S YARD
77 FULHAM PALACE ROAD
HAMMERSMITH
LONDON
W6 8JA
ENGLAND
Sybersolve Solutions Limited
Statement of financial position
as at 31 December 2017
Tangible assets
2,010
7,241
Cash at bank and in hand
239,860
558,039
Creditors: amounts falling due within one year
(592,319)
(925,563)
Net current assets
71,069
90,456
Called up share capital
2,000
2,000
Profit and loss account
71,079
95,697
Shareholders' funds
73,079
97,697
For the year ending 31 December 2017 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.
Approved by the Board on 27 September 2018.
S Kendrick
Director
Company Registration No. 01791298
Sybersolve Solutions Limited
Notes to the Accounts
for the year ended 31 December 2017
Sybersolve Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 01791298. The registered office is NO.1 FARRIER'S YARD, 77 FULHAM PALACE ROAD, HAMMERSMITH, LONDON, W6 8JA, ENGLAND.
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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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% Straight line basis
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Tangible fixed assets
Fixtures & fittings
At 31 December 2017
181,280
At 31 December 2017
179,270
Sybersolve Solutions Limited
Notes to the Accounts
for the year ended 31 December 2017
Trade debtors
108,276
179,748
Amounts due from group undertakings etc.
259,123
89,447
Deferred tax asset
492
492
Accrued income and prepayments
47,042
153,681
Other debtors
8,595
34,612
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Creditors: amounts falling due within one year
2017
2016
Trade creditors
51,018
101,166
Taxes and social security
165,462
175,380
Other creditors
322,685
452,526
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Operating lease commitments
2017
2016
At 31 December 2017 the company has commitments under non-cancellable operating leases as follows:
Operating leases expiring:
Within two to five years
59,358
51,938
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Transactions with related parties
During the year the company entered into the following transactions with related parties:
Lester Associates Limited: During the year the company charged £166,305 (2016 £162,502) to Lester Associates Limited for administrative services, a company in which D J Plucinsky is a director. The amount due from Lester Associates Limited at the end of the year was £100,427 (2016 £89,447).
LS Engage Ltd: During the year the company charged £135,000 (2016 £nil ) to LS Engage Ltd for administrative services, a company in which S Kendrick is a director. The amount due from LS Engage Ltd at the end of the year was £158,697 (2016 £nil ).
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Average number of employees
During the year the average number of employees was 54 (2016: 136).
