LIGHTYEAR CLOUD UK LTD

Company Registration Number:
NI648587 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

LIGHTYEAR CLOUD UK LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

LIGHTYEAR CLOUD UK LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Current assets
Debtors: 3 393,812 72,199
Cash at bank and in hand:   117,826
Total current assets: 393,812 190,025
Creditors: amounts falling due within one year: 4   (159,542)
Net current assets (liabilities): 393,812 30,483
Total assets less current liabilities: 393,812 30,483
Total net assets (liabilities): 393,812 30,483
Capital and reserves
Called up share capital: 2,161 2,161
Profit and loss account: 391,651 28,322
Shareholders funds: 393,812 30,483

The notes form part of these financial statements

LIGHTYEAR CLOUD UK LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 March 2025
and signed on behalf of the board by:

Name: Adam John Witherow Brown
Status: Director

The notes form part of these financial statements

LIGHTYEAR CLOUD UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LIGHTYEAR CLOUD UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

LIGHTYEAR CLOUD UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024
£
Debtors due after more than one year: 393,812

Amounts due from group undertakings

LIGHTYEAR CLOUD UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

Trade Creditors £Nil (2023: £150,000) Taxes and social security £Nil (2023: £3,604) Other creditors £Nil (2023: £3,820) Accruals £ Nil (2023: £2,118) Total £Nil (2023: £159,542)

LIGHTYEAR CLOUD UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Related party transactions

The Company and its trade and assets were taken over by Access UK Ltd on 31 May 2024 and the Company ceased to trade on that date. Software charges represent purchases from a UK company under common beneficial ownership and control, The Lightyear Corporation Ltd NI648586. The intercompany balance is with Lightyear Corporation. These companies were not part of a group prior to the change of ownership on 31 May 2024.