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REGISTERED NUMBER: 10308972 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ONAUDIENCE LTD

ONAUDIENCE LTD (REGISTERED NUMBER: 10308972)






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


ONAUDIENCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: M Sawa





REGISTERED OFFICE: Ealing Cross, 1st Floor
85 Uxbridge Road
London
W5 5BW





REGISTERED NUMBER: 10308972 (England and Wales)





ACCOUNTANTS: J.Dauman Finance Ltd
Chartered Accountants
Craven House
Ground Floor
40-44 Uxbridge Road
Ealing
London
W5 2BS

ONAUDIENCE LTD (REGISTERED NUMBER: 10308972)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,854,669 1,744,845
Tangible assets 5 685 945
3,855,354 1,745,790

CURRENT ASSETS
Debtors 6 3,922,330 3,922,829
Prepayments and accrued income 1,027,095 1,352,489
Cash at bank 1,309,894 5,491,225
6,259,319 10,766,543
CREDITORS
Amounts falling due within one year 7 8,204,827 7,174,893
NET CURRENT (LIABILITIES)/ASSETS (1,945,508 ) 3,591,650
TOTAL ASSETS LESS CURRENT LIABILITIES 1,909,846 5,337,440

CREDITORS
Amounts falling due after more than one year 8 - (3,255,095 )

PROVISIONS FOR LIABILITIES - (5,947 )
NET ASSETS 1,909,846 2,076,398

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,908,846 2,075,398
SHAREHOLDERS' FUNDS 1,909,846 2,076,398

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 24 June 2024 and were signed by:



M Sawa - Director


ONAUDIENCE LTD (REGISTERED NUMBER: 10308972)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

OnAudience 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of eight years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 2 (2022 - 2 ) .

ONAUDIENCE LTD (REGISTERED NUMBER: 10308972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023 3,411,817
Additions 3,234,170
At 31 December 2023 6,645,987
AMORTISATION
At 1 January 2023 1,666,972
Charge for year 1,124,346
At 31 December 2023 2,791,318
NET BOOK VALUE
At 31 December 2023 3,854,669
At 31 December 2022 1,744,845

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 1,041
DEPRECIATION
At 1 January 2023 96
Charge for year 260
At 31 December 2023 356
NET BOOK VALUE
At 31 December 2023 685
At 31 December 2022 945

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 1,266,156 1,169,510
Amts owed by companies under com ctrl 1,309,627 2,102,297
Other debtors 424,665 4,212
3,000,448 3,276,019

ONAUDIENCE LTD (REGISTERED NUMBER: 10308972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. DEBTORS - continued
2023 2022
£    £   
Amounts falling due after more than one year:
Other debtors 921,882 646,810

Aggregate amounts 3,922,330 3,922,829

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,327 -
Trade creditors 1,500 666
Amts owed to companies under com ctrl 695,222 -
Amts owed to companies under com ctrl 7,435,107 6,780,053
Taxation and social security 47,227 176,659
Other creditors 24,444 217,515
8,204,827 7,174,893

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Amts owed by companies under com ctrl - 488,119
Amts owed by companies under com ctrl - 2,766,976
- 3,255,095

9. 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. This exemption permits non-disclosure of related party transactions between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by the same parent.

10. CONTROLLING PARTY

The controlling party is Cloud Technologies S.A., a company incorporated in Poland.