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REGISTERED NUMBER: 14067305 (England and Wales)















Audited Financial Statements for the Year Ended 31 March 2024

for

Climate Connect Digital Ltd.

Climate Connect Digital Ltd. (Registered number: 14067305)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Climate Connect Digital Ltd.

Company Information
for the Year Ended 31 March 2024







DIRECTORS: N Kathuria
N Tanwar





REGISTERED OFFICE: 3-33 Huddle office 3 Shortlands
Hammersmith, London
United Kingdom
W6 8DA





REGISTERED NUMBER: 14067305 (England and Wales)





AUDITORS: Brayan and Spencer Associates Limited
25 Leeming Road
Borehamwood
England
WD6 4EB

Climate Connect Digital Ltd. (Registered number: 14067305)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 108,434 300,490
Cash at bank 129,640 3,271
238,074 303,761
CREDITORS
Amounts falling due within one year 5 127,312 392,694
NET CURRENT ASSETS/(LIABILITIES) 110,762 (88,933 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,762

(88,933

)

CREDITORS
Amounts falling due after more than one
year

6

172,351

-
NET LIABILITIES (61,589 ) (88,933 )

CAPITAL AND RESERVES
Called up share capital 441,666 150,000
Share premium 58,333 -
Capital redemption reserve 20,835 -
Retained earnings (582,423 ) (238,933 )
(61,589 ) (88,933 )

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 Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





N Tanwar - Director


Climate Connect Digital Ltd. (Registered number: 14067305)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Climate Connect Digital 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.

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 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 108,434 254,895
Other debtors - 45,595
108,434 300,490

Climate Connect Digital Ltd. (Registered number: 14067305)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 94,438 334,971
Taxation and social security 1,044 -
Other creditors 31,830 57,723
127,312 392,694

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors 172,351 -

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Patanjali Sharma (Senior Statutory Auditor)
for and on behalf of Brayan and Spencer Associates Limited

8. ULTIMATE CONTROLLING PARTY

The Ultimate controlling parties are Mr Nitin Tanwar and Mr Sanand Sudheer Sule, by the virtue of directorship and shareholding.

9. POST BALANCE SHEET EVENTS

The directors of Climate Connect Digital LTD and Renew Power International LTD under the share purchase agreement have agreed to purchase the entire shareholding from previous shareholder Regent Climate Connect Knowledge Solution Pvt Limited. at a price of £39,635 on 30/12/2023. All outstanding monies due to previous shareholder are cleared on 26th June 2024.

The valuation is prepared by Jain Gandharv & Associates (Chartered accountants firm registered in India), Brayan & Spencer was not involved in the valuation process, however, there is nothing that comes to our attention post valuation that suggests company was either over or under valued.