Company Registration No. 12036970 (England and Wales)
CYGNUS HEALTHCARE LTD
Unaudited accounts
for the year ended 31 March 2022
CYGNUS HEALTHCARE LTD
Unaudited accounts
Contents
CYGNUS HEALTHCARE LTD
Company Information
for the year ended 31 March 2022
Company Number
12036970 (England and Wales)
Registered Office
42 TATES WAY
STEVENAGE
SG1 4WP
UNITED KINGDOM
Accountants
Pearl Accountants Limited
Profile West
Suite 2, Floor 1, 950 Great West Road
Brentford
Middlesex
TW8 9ES
CYGNUS HEALTHCARE LTD
Statement of financial position
as at
31 March 2022
Tangible assets
2,426
3,479
Cash at bank and in hand
88,172
135,646
Creditors: amounts falling due within one year
(53,104)
(41,133)
Net current assets
111,068
100,564
Total assets less current liabilities
113,494
104,043
Creditors: amounts falling due after more than one year
-
133
Net assets
113,494
104,176
Called up share capital
100
100
Profit and loss account
113,394
104,076
Shareholders' funds
113,494
104,176
For the year ending 31 March 2022 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 16 December 2022 and were signed on its behalf by
Kalyan Bollam
Director
Company Registration No. 12036970
CYGNUS HEALTHCARE LTD
Notes to the Accounts
for the year ended 31 March 2022
CYGNUS HEALTHCARE LTD is a private company, limited by shares, registered in England and Wales, registration number 12036970. The registered office is 42 TATES WAY, STEVENAGE, SG1 4WP, UNITED KINGDOM.
2
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.
These financial statements for the year ended 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
has been depreciated using the straight line method over 5 years.
Computer equipment
has been depreciated using the straight line method over 5 years.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2021
4,233
1,028
5,261
At 31 March 2022
4,233
1,028
5,261
At 1 April 2021
1,694
88
1,782
Charge for the year
847
206
1,053
At 31 March 2022
2,541
294
2,835
At 31 March 2022
1,692
734
2,426
At 30 June 2021
2,539
940
3,479
CYGNUS HEALTHCARE LTD
Notes to the Accounts
for the year ended 31 March 2022
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
49,638
29,113
Loans from directors
3,466
12,020
7
Creditors: amounts falling due after more than one year
2022
2021
Taxes and social security
-
(133)
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).