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REGISTERED NUMBER: 08140718 (England and Wales)















CITYCOM SOLUTIONS (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2018






CITYCOM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 08140718)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CITYCOM SOLUTIONS (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2018







DIRECTORS: M P Whiteman
V Ul-Haq





REGISTERED OFFICE: C/O Wilkins Kennedy LLP
Bridge House
4 Borough High Street
London
SE1 9QR





REGISTERED NUMBER: 08140718 (England and Wales)

CITYCOM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 08140718)

BALANCE SHEET
30 SEPTEMBER 2018

2018 2017
Notes £    £   
FIXED ASSETS
Investments 4 37 37

CURRENT ASSETS
Debtors 5 24,125 25,665
Cash at bank 105,938 10,697
130,063 36,362
CREDITORS
Amounts falling due within one year 6 (862,114 ) (984,103 )
NET CURRENT LIABILITIES (732,051 ) (947,741 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(732,014

)

(947,704

)

CREDITORS
Amounts falling due after more than one
year

7

(372,869

)

-
NET LIABILITIES (1,104,883 ) (947,704 )

CAPITAL AND RESERVES
Called up share capital 2,950 2,950
Share premium 1,552,108 1,552,108
Retained earnings (2,659,941 ) (2,502,762 )
SHAREHOLDERS' FUNDS (1,104,883 ) (947,704 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 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.

CITYCOM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 08140718)

BALANCE SHEET - continued
30 SEPTEMBER 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 12 November 2018 and were signed
on its behalf by:





M P Whiteman - Director


CITYCOM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 08140718)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018


1. STATUTORY INFORMATION

Citycom Solutions (UK) Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the
Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

These financial statements for the year ended 30 September 2017 are the first financial statements
that comply with Section 1A "Small Entities" of Financial Reporting Standard 102. The company
transitioned from previously extant UK GAAP to FRS 102 as at 1 October 2015. An explanation of
how transition to FRS 102 Section 1A "Small Entities" has affected the reported financial position
and financial performance is given in the notes.

Significant judgements and estimates
The preparation of financial statements requires management to make judgements, estimates and
assumptions about the carrying values of assets and liabilities that are not readily apparent from
other sources. The estimates and underlying assumptions are based on historical experience and
other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised if the revision
affects only that period, or in the period of the revision and future periods if the revision affects both
current and future periods.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax and
adjusted for accrued revenue calculated by reference to the fair value of services performed up to
the balance sheet date but not invoiced.

Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the
current or past reporting periods using tax rates that have been enacted or substantively enacted by
the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax
losses and other deferred tax assets are recognised only to the extent that it is probable that they will
be recovered against future taxable profits or against the reversal of deferred tax liabilities.

Deferred tax relating to a non-depreciable asset that is measured using the revaluation model, or to
investment properties measured at fair value, is measured using the tax rates and allowances that
apply to the sale of the asset.

Deferred tax is calculated using tax rates that have been enacted or substantively enacted by the
reporting date that are expected to apply to the reversal of the timing difference.

CITYCOM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 08140718)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2018


2. ACCOUNTING POLICIES - continued

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
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
of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving
at the operating result.

Debtors
Trade and other debtors are measured at transaction price less any impairment unless the
arrangement constitutes a financing transaction in which case the transaction is measured at the
present value of the future receipts discounted at the prevailing market rate of interest . Loans are
initially measured at fair value and are subsequently measured at amortised cost using the effective
interest method less any impairment.

Creditors
Trade and other creditors are measured at their transaction price unless the arrangement constitutes
a financing transaction in which case the transaction is measured at present value of future
payments discounted at prevailing market rate of interest. Other financial liabilities are initially
measured at fair value net of their transaction costs. They are subsequently measured at amortised
cost using the effective interest method.

Cash at bank
Cash at bank in the balance sheet comprise cash at banks and in hand and short term deposits with
an original maturity date of three months or less.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 5 ).

4. FIXED ASSET INVESTMENTS

Citycom Solutions (UK) Limited assists businesses in monitoring and recording their corporate
business communications together with managing the associated risk. A global approach to these
services is provided and the two wholly owned subsidiaries in New York and Hong Kong being
Citycom Solutions Inc and Citycom Solutions (Far East) Limited, act as marketing and fulfilment
offices.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 2,644 4,824
Other debtors 21,481 20,841
24,125 25,665

CITYCOM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 08140718)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2018


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 154,969 196,077
Trade creditors 52,605 161,621
Other creditors 654,540 626,405
862,114 984,103

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Other creditors 372,869 -

8. RELATED PARTY DISCLOSURES

As at 30 September 2018 included in creditors are loans from one of the directors V. Ul - Haq and
companies in which he is a director and shareholder totalling £639,741 (2017: £331,514).

As at 30 September 2018 included in creditors:- amounts falling due in more one year are loans from
a shareholder and former director Mr I.Summerfield totalling £358,002 (2017: £292,447).

As at 30 September 2018 included in creditors: amounts falling due to in more than one year are
loans from the director Mark Whiteman totalling £14,867 (2017: nil).

Mr I Summerfield resign as a director on 14 December 2016.