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REGISTERED NUMBER: 13088931 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Cloudficient Solutions LTD

Cloudficient Solutions LTD (Registered number: 13088931)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cloudficient Solutions LTD

Company Information
for the Year Ended 31 December 2023







DIRECTOR: PA Parker





SECRETARY: PA Parker





REGISTERED OFFICE: Willow House
Copythorne Common
Copythorne
Southampton
SO40 2PG





REGISTERED NUMBER: 13088931 (England and Wales)





ACCOUNTANTS: WHITTINGTONS
Chartered Accountants
1 High Street
Guildford
Surrey
GU2 4HP

Cloudficient Solutions LTD (Registered number: 13088931)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 5 2,243,199 203,807
Cash at bank 211,551 84,672
2,454,750 288,479
CREDITORS
Amounts falling due within one year 6 2,966,245 87,015
NET CURRENT (LIABILITIES)/ASSETS (511,495 ) 201,464
TOTAL ASSETS LESS CURRENT
LIABILITIES

(511,495

)

201,464

CREDITORS
Amounts falling due after more than one
year

7

-

(48,629

)

PROVISIONS FOR LIABILITIES - (16,412 )
NET (LIABILITIES)/ASSETS (511,495 ) 136,423

CAPITAL AND RESERVES
Called up share capital 2 1
Other reserves - 114,849
Retained earnings (511,497 ) 21,573
SHAREHOLDERS' FUNDS (511,495 ) 136,423

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 15 August 2024 and were signed by:





PA Parker - Director


Cloudficient Solutions LTD (Registered number: 13088931)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Cloudficient 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.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 7 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 200,000
Impairments (200,000 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -

Cloudficient Solutions LTD (Registered number: 13088931)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 1,490,349 202,151
Other debtors 752,850 1,656
2,243,199 203,807

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 63,395 87,015
Amounts owed to group undertakings 1,034,987 -
Taxation and social security 87,562 -
Other creditors 1,780,301 -
2,966,245 87,015

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security - 23,635
Other creditors - 24,994
- 48,629

8. ULTIMATE CONTROLLING PARTY

Cloudficient Global Inc governing by the U.S. Law and register in the U.S with registration number EIN-99-1586969 is ultimate controlling party which holds directly or indirectly 75% or more of the shares in the company.