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REGISTERED NUMBER: 13036309 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 23 NOVEMBER 2020 TO 31 DECEMBER 2021

FOR

COALITION RISK SOLUTIONS LTD.

COALITION RISK SOLUTIONS LTD. (REGISTERED NUMBER: 13036309)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 23 NOVEMBER 2020 TO 31 DECEMBER 2021










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


COALITION RISK SOLUTIONS LTD.

COMPANY INFORMATION
FOR THE PERIOD 23 NOVEMBER 2020 TO 31 DECEMBER 2021







DIRECTORS: J J Motta
J B Roberts





SECRETARY: Taylor Wessing Secretaries Limited





REGISTERED OFFICE: 34-36 Lime Street
London
United Kingdom
EC3M 7AT





REGISTERED NUMBER: 13036309 (England and Wales)





INDEPENDENT AUDITORS: Byrd Link Audit & Accountancy Services Limited
Honeybourne Place
Jessop Avenue
Cheltenham
Gloucestershire
GL50 3SH

COALITION RISK SOLUTIONS LTD. (REGISTERED NUMBER: 13036309)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2021

Notes £   
CURRENT ASSETS
Debtors: amounts falling due within
one year

4

113,311
Cash at bank 19,603
132,914
CREDITORS
Amounts falling due within one year 5 114,545
NET CURRENT ASSETS 18,369
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,369

CAPITAL AND RESERVES
Called up share capital 6 1,000
Retained earnings 17,369
SHAREHOLDERS' FUNDS 18,369

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2022 and were signed on its behalf by:





J J Motta - Director


COALITION RISK SOLUTIONS LTD. (REGISTERED NUMBER: 13036309)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 23 NOVEMBER 2020 TO 31 DECEMBER 2021


1. STATUTORY INFORMATION

Coalition Risk Solutions Ltd. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

COALITION RISK SOLUTIONS LTD. (REGISTERED NUMBER: 13036309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 23 NOVEMBER 2020 TO 31 DECEMBER 2021


2. ACCOUNTING POLICIES - continued

Going concern
The directors have sought and received response from the parent company that financial support will be forthcoming for the next 12 months. On this basis, the director continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on Debtors.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 85,446
VAT 22,215
Prepayments 5,650
113,311

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 99,948
Corporation tax 4,847
Accrued expenses 9,750
114,545

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,000 Ordinary Shares £1 1,000

COALITION RISK SOLUTIONS LTD. (REGISTERED NUMBER: 13036309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 23 NOVEMBER 2020 TO 31 DECEMBER 2021


7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Auditors' Report was unqualified.

Russel Byrd FCA FCCA (Senior Statutory Auditor)
for and on behalf of Byrd Link Audit & Accountancy Services Limited

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', Section 33.1A, not to disclose related party transactions with wholly owned members within the group.

9. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Coalition, Inc. a company organized in Delaware, USA.
The smallest and largest group in which the results of the company are consolidated is that headed by Coalition, Inc. The consolidated financial statements may be obtained from their address at 1160 Battery Street, Suite 350, San Francisco, CA 94111, USA