Registered Number
:
09518075
|
For the year ended 31 March 2020
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2020
Cygnus Investments Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Cygnus Investments Ltd
Statement of Financial Position
2019
2020
Property
,
plant and equipment
|
2,178,439
1,651,020
2
2,178,439
1,651,020
Trade and other receivables
|
315,578
10,109
3
291
Cash and cash equivalents
|
12
10,121
315,869
Trade and other payables
:
amounts falling due within one
|
year
|
(55,146)
(43,276)
4
260,723
(33,155)
Net current liabilities
Total assets less current liabilities
|
2,145,284
1,911,743
Trade and other payables
:
amounts falling due after more
|
than one year
|
(1,495,999)
(1,654,547)
5
490,737
Net assets
415,744
74
74
299,528
299,528
191,135
116,142
490,737
415,744
Shareholders' funds
For the year ended 31 March 2020 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 of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 16 September 2020 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2020
Cygnus Investments Ltd
Notes to the Financial Statements
Statutory Information
Cygnus Investments Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
09518075
.
|
8 Axis
Swansea
SA7 9AJ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
2
.
Property
,
plant and equipment
|
1,651,275
1,275
1,650,000
1,650,000
1,275
1,651,275
Provision for depreciation and impairment
|
255
255
-
Charge for year
255
255
-
(527,674)
-
(527,674)
(527,164)
510
(527,674)
2,177,674
765
2,178,439
1,650,000
1,020
1,651,020
3
.
Trade and other receivables
|
2019
2020
10,109
125,955
-
189,623
315,578
10,109
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For the year ended 31 March 2020
Cygnus Investments Ltd
Notes to the Financial Statements Continued
4
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
7,473
31,375
Taxation and social security
|
29,303
23,771
6,500
-
43,276
55,146
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2019
2020
1,654,547
1,495,999
6
.
Average number of persons employed
|
During the year the average number of employees was 0
3 of 3