2022-04-012023-03-312023-03-31false06759129CLOUD NINE MEDIA (UK) LTD.2023-10-1859113iso4217:GBPxbrli:pure067591292022-04-01067591292023-03-31067591292022-04-012023-03-31067591292021-04-01067591292022-03-31067591292021-04-012022-03-3106759129bus:SmallEntities2022-04-012023-03-3106759129bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3106759129bus:FullAccounts2022-04-012023-03-3106759129bus:PrivateLimitedCompanyLtd2022-04-012023-03-3106759129core:WithinOneYear2023-03-3106759129core:AfterOneYear2023-03-3106759129core:WithinOneYear2022-03-3106759129core:AfterOneYear2022-03-3106759129core:ShareCapital2023-03-3106759129core:SharePremium2023-03-3106759129core:RevaluationReserve2023-03-3106759129core:OtherReservesSubtotal2023-03-3106759129core:RetainedEarningsAccumulatedLosses2023-03-3106759129core:ShareCapital2022-03-3106759129core:SharePremium2022-03-3106759129core:RevaluationReserve2022-03-3106759129core:OtherReservesSubtotal2022-03-3106759129core:RetainedEarningsAccumulatedLosses2022-03-3106759129core:LandBuildings2023-03-3106759129core:PlantMachinery2023-03-3106759129core:Vehicles2023-03-3106759129core:FurnitureFittings2023-03-3106759129core:OfficeEquipment2023-03-3106759129core:NetGoodwill2023-03-3106759129core:IntangibleAssetsOtherThanGoodwill2023-03-3106759129core:ListedExchangeTraded2023-03-3106759129core:UnlistedNon-exchangeTraded2023-03-3106759129core:LandBuildings2022-03-3106759129core:PlantMachinery2022-03-3106759129core:Vehicles2022-03-3106759129core:FurnitureFittings2022-03-3106759129core:OfficeEquipment2022-03-3106759129core:NetGoodwill2022-03-3106759129core:IntangibleAssetsOtherThanGoodwill2022-03-3106759129core:ListedExchangeTraded2022-03-3106759129core:UnlistedNon-exchangeTraded2022-03-3106759129core:LandBuildings2022-04-012023-03-3106759129core:PlantMachinery2022-04-012023-03-3106759129core:Vehicles2022-04-012023-03-3106759129core:FurnitureFittings2022-04-012023-03-3106759129core:OfficeEquipment2022-04-012023-03-3106759129core:NetGoodwill2022-04-012023-03-3106759129core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106759129core:ListedExchangeTraded2022-04-012023-03-3106759129core:UnlistedNon-exchangeTraded2022-04-012023-03-3106759129core:MoreThanFiveYears2022-04-012023-03-3106759129core:Non-currentFinancialInstruments2023-03-3106759129core:Non-currentFinancialInstruments2022-03-3106759129dpl:CostSales2022-04-012023-03-3106759129dpl:DistributionCosts2022-04-012023-03-3106759129core:LandBuildings2022-04-012023-03-3106759129core:PlantMachinery2022-04-012023-03-3106759129core:Vehicles2022-04-012023-03-3106759129core:FurnitureFittings2022-04-012023-03-3106759129core:OfficeEquipment2022-04-012023-03-3106759129dpl:AdministrativeExpenses2022-04-012023-03-3106759129core:NetGoodwill2022-04-012023-03-3106759129core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106759129dpl:GroupUndertakings2022-04-012023-03-3106759129dpl:ParticipatingInterests2022-04-012023-03-3106759129dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3106759129core:ListedExchangeTraded2022-04-012023-03-3106759129dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3106759129core:UnlistedNon-exchangeTraded2022-04-012023-03-3106759129dpl:CostSales2021-04-012022-03-3106759129dpl:DistributionCosts2021-04-012022-03-3106759129core:LandBuildings2021-04-012022-03-3106759129core:PlantMachinery2021-04-012022-03-3106759129core:Vehicles2021-04-012022-03-3106759129core:FurnitureFittings2021-04-012022-03-3106759129core:OfficeEquipment2021-04-012022-03-3106759129dpl:AdministrativeExpenses2021-04-012022-03-3106759129core:NetGoodwill2021-04-012022-03-3106759129core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3106759129dpl:GroupUndertakings2021-04-012022-03-3106759129dpl:ParticipatingInterests2021-04-012022-03-3106759129dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3106759129core:ListedExchangeTraded2021-04-012022-03-3106759129dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3106759129core:UnlistedNon-exchangeTraded2021-04-012022-03-3106759129core:NetGoodwill2023-03-3106759129core:IntangibleAssetsOtherThanGoodwill2023-03-3106759129core:LandBuildings2023-03-3106759129core:PlantMachinery2023-03-3106759129core:Vehicles2023-03-3106759129core:FurnitureFittings2023-03-3106759129core:OfficeEquipment2023-03-3106759129core:AfterOneYear2023-03-3106759129core:WithinOneYear2023-03-3106759129core:ListedExchangeTraded2023-03-3106759129core:UnlistedNon-exchangeTraded2023-03-3106759129core:ShareCapital2023-03-3106759129core:SharePremium2023-03-3106759129core:RevaluationReserve2023-03-3106759129core:OtherReservesSubtotal2023-03-3106759129core:RetainedEarningsAccumulatedLosses2023-03-3106759129core:NetGoodwill2022-03-3106759129core:IntangibleAssetsOtherThanGoodwill2022-03-3106759129core:LandBuildings2022-03-3106759129core:PlantMachinery2022-03-3106759129core:Vehicles2022-03-3106759129core:FurnitureFittings2022-03-3106759129core:OfficeEquipment2022-03-3106759129core:AfterOneYear2022-03-3106759129core:WithinOneYear2022-03-3106759129core:ListedEx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CLOUD NINE MEDIA (UK) LTD.

Registered Number
06759129
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

CLOUD NINE MEDIA (UK) LTD.
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

MAUD, Stephen
WALSH, Iain Duncan

Registered Address

Studio 601, Shepherds Building Charecroft Way
London
W14 0EE

Registered Number

06759129 (England and Wales)
CLOUD NINE MEDIA (UK) LTD.
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets536,44312,873
36,44312,873
Current assets
Debtors6139,725110,297
Cash at bank and on hand363,868203,728
503,593314,025
Creditors amounts falling due within one year7(178,489)(117,764)
Net current assets (liabilities)325,104196,261
Total assets less current liabilities361,547209,134
Provisions for liabilities(6,582)-
Net assets354,965209,134
Capital and reserves
Called up share capital101113
Profit and loss account354,864209,021
Shareholders' funds354,965209,134
The financial statements were approved and authorised for issue by the Board of Directors on 18 October 2023, and are signed on its behalf by:
MAUD, Stephen
Director
Registered Company No. 06759129
CLOUD NINE MEDIA (UK) LTD.
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Office Equipment25
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year75
5.Property, plant and equipment

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 April 221,97222,22324,195
Additions12,43918,78431,223
At 31 March 2314,41141,00755,418
Depreciation and impairment
At 01 April 2217711,14511,322
Charge for year2,1805,4737,653
At 31 March 232,35716,61818,975
Net book value
At 31 March 2312,05424,38936,443
At 31 March 221,79511,07812,873
6.Debtors

2023

2022

££
Trade debtors / trade receivables130,45595,725
Other debtors2,445-
Prepayments and accrued income6,82514,572
Total139,725110,297
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables42,7541,998
Bank borrowings and overdrafts65,72077,653
Taxation and social security69,97434,645
Other creditors41-
Accrued liabilities and deferred income-3,468
Total178,489117,764
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.