Company registration number 14163878 (England and Wales)
CITY TRAX LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
CITY TRAX LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
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The director presents his annual report and financial statements for the year ended 31 August 2023.

Principal activities

The primary focus of our company throughout the year remained on the development of cutting-edge born-in-the-cloud software solutions, encompassing advanced AI and data management capabilities. Notably, we sustained our commitment to advancing our data platform, achieving remarkable milestones in production enhancements. Simultaneously, our synergistic data and content management solutions, now fortified with enhanced AI functionality, demonstrated significant progress.

In the past fiscal year, our technology garnered substantial traction among customers, and we anticipate this positive trend to persist in the foreseeable future. Recognising that our technology's sales cycle is lengthier than initially projected, we are actively strategizing to streamline the process, aiming for greater efficiency in future cycles.

An instrumental development this year was the establishment of a robust partnership with AWS. We attained the Software Development competency and an AWS partnership in the Public Sector, a testament to our commitment to excellence. Looking ahead, we are poised to build on this foundation over the coming years, leveraging the strength of our AWS partnership for continued growth and innovation.

In conclusion, our company remains at the forefront of technological innovation, with a steadfast dedication to delivering exceptional AI and data management solutions. The achievements of this year lay a strong foundation for our future endeavours, and we are excited about the opportunities that lie ahead.

 

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr N Matthews
(Appointed 10 June 2022)

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.

On behalf of the board
Mr N Matthews
Director
7 March 2024
CITY TRAX LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2023
31 August 2023
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2023
£
£
Current assets
23,154
Creditors: amounts falling due within one year
(26,049)
Net current liabilities
(2,895)
Net liabilities
(2,895)
Capital and reserves
(2,895)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
Number
Employees
1
Subcontractors
4

City Trax Limited is a private company limited by shares incorporated in England and Wales. The registered office is 100 Downhouse Road, Waterlooville, Hants, UK, PO8 0TY.

For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 7 March 2024
Mr N Matthews
Director
Company registration number 14163878 (England and Wales)
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