Cygnus-Universal Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05548366 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

31 AUGUST 2014

FOR

CYGNUS-UNIVERSAL LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

A R Oliver

Mrs C A Oliver

SECRETARY:

Mrs C A Oliver

REGISTERED OFFICE:

Cygnus

37B Walden Road

Sewards End

Saffron Walden

Essex

CB10 2LF

REGISTERED NUMBER:

05548366 (England and Wales)

ACCOUNTANTS:

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Cygnus-Universal Limited for the year ended 31 August 2014 which comprise the Profit and

Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Cygnus-Universal Limited, as a body, in accordance with our

terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Cygnus-Universal Limited and state those matters that we have agreed to state to the Board of Directors of

Cygnus-Universal Limited, as a body, in this report in accordance with the requirements of the Association of

Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted

by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a

body, for our work or for this report.

It is your duty to ensure that Cygnus-Universal Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and loss of

Cygnus-Universal Limited. You consider that Cygnus-Universal Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cygnus-Universal Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

2 December 2014

FIXED ASSETS

Tangible assets

2

-

928

CURRENT ASSETS

Debtors

1,300

111

Cash at bank and in hand

12,264

27,927

13,564

28,038

CREDITORS

Amounts falling due within one year

2,787

3,167

NET CURRENT ASSETS

10,777

24,871

TOTAL ASSETS LESS CURRENT LIABILITIES

10,777

25,799

PROVISIONS FOR LIABILITIES

-

90

NET ASSETS

10,777

25,709

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

10,767

25,699

SHAREHOLDERS' FUNDS

10,777

25,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 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 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 Board of Directors on 1 December 2014 and were signed on its behalf by:

A R Oliver - Director

Mrs C A Oliver - 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 April 2008).

Tangible fixed assets

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

Computer equipment

-

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

4,442

Disposals

(4,442

)

At 31 August 2014

-

DEPRECIATION

At 1 September 2013

3,514

Eliminated on disposal

(3,514

)

At 31 August 2014

-

NET BOOK VALUE

At 31 August 2014

-

At 31 August 2013

928

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

10

Ordinary

£1

10

10

4.	RELATED PARTY DISCLOSURES

5.	CONTROLLING PARTY