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Registration number: 10289100

CDP Software Holding Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 December 2022

CDP Software Holding Limited

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 6

CDP Software Holding Limited

(Registration number: 10289100)
Abridged Balance Sheet as at 31 December 2022

| Note | 2022 £ | 2021 £
Fixed assets |  |  |
Investments | 4 | 453 | 453
Other financial assets | 5 | 4,437 | 4,437
|  | 4,890 | 4,890
Current assets |  |  |
Debtors |  | 1,891,791 | 1,897,089
Cash at bank and in hand |  | 5,205 | 36,921
|  | 1,896,996 | 1,934,010
Creditors: Amounts falling due within one year |  | (21,547) | (35,979)
Net current assets |  | 1,875,449 | 1,898,031
Total assets less current liabilities |  | 1,880,339 | 1,902,921
Accruals and deferred income |  | (1,400) | (1,400)
Net assets |  | 1,878,939 | 1,901,521
Capital and reserves |  |  |
Called up share capital | 6 | 1,000 | 1,000
Retained earnings |  | 1,877,939 | 1,900,521
Shareholders' funds |  | 1,878,939 | 1,901,521

For the financial year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 March 2023

CDP Software Holding Limited

(Registration number: 10289100)
Abridged Balance Sheet as at 31 December 2022

......................................... Mrs M Cozzi Director

CDP Software Holding Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2022

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5th Floor, North Side
7/10 Chandos Street
London
W1G 9DQ

These financial statements were authorised for issue by the director on 6 March 2023.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

CDP Software Holding Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2022

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

CDP Software Holding Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2022

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2021 - 0).

4 | Investments

| Total £
Cost or valuation
At 1 January 2022 | 453
Provision
Carrying amount
At 31 December 2022 | 453
At 31 December 2021 | 453

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2022 | 2021
Subsidiary undertakings
SDP Services Bulgaria Ltd | Bulgaria | Ordinary | 100% | 100%

Subsidiary undertakings
SDP Services Bulgaria Ltd The principal activity of SDP Services Bulgaria Ltd is IT consultancy services..

CDP Software Holding Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2022

5 | Other financial assets (current and non-current)

| Financial assets at cost less impairment £ | Total £
Non-current financial assets
Cost or valuation
At 1 January 2022 | 4,437 | 4,437
At 31 December 2022 | 4,437 | 4,437
Impairment
Carrying amount
At 31 December 2022 | 4,437 | 4,437
At 31 December 2021 | 4,437 | 4,437

6 | Share capital

Allotted, called up and fully paid shares

| 2022 | 2021
| No. | £ | No. | £
Ordinary shares of £1 each | 1,000 | 1,000 | 1,000 | 1,000

7 | Related party transactions

As at 31st of December 2022 within other creditors, there is a director's loan balance of £10,763.81Cr (2021: £8,398.51Cr).