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REGISTERED NUMBER: 03395992 (England and Wales)












Audited Financial Statements

for the Year Ended 31 December 2024

for

Crif Decision Solutions Limited

Crif Decision Solutions Limited (Registered number: 03395992)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Crif Decision Solutions Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Ms S Costantini
Mr C Gherardi
Ms S Ghielmetti





SECRETARY: Vistra Cosec Limited





REGISTERED OFFICE: Suite 1, 7th Floor 50 Broadway
London
United Kingdom
SW1H 0BL





REGISTERED NUMBER: 03395992 (England and Wales)





AUDITORS: S&W Partners Audit Limited
Statutory Auditor
Chartered Accountants
17 Queens Lane
Newcastle
NE1 1RN

Crif Decision Solutions Limited (Registered number: 03395992)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 415,567 288,391
Tangible assets 6 3,025 3,522
Investments 7 2,800,001 2,800,001
3,218,593 3,091,914

CURRENT ASSETS
Stocks 863,080 271,565
Debtors 8 6,583,249 6,009,187
Cash at bank 2,203,640 1,829,380
9,649,969 8,110,132
CREDITORS
Amounts falling due within one year 9 (6,727,417 ) (4,592,673 )
NET CURRENT ASSETS 2,922,552 3,517,459
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,141,145

6,609,373

CAPITAL AND RESERVES
Called up share capital 1,190,000 1,190,000
Profit and loss account 4,951,145 5,419,373
6,141,145 6,609,373

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:




Mr C Gherardi - Director



Ms S Ghielmetti - Director


Crif Decision Solutions Limited (Registered number: 03395992)

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

1. STATUTORY INFORMATION

Crif Decision Solutions Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Going concern
The directors have a reasonable expectation that the company has adequate resources available to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statement.

Preparation of consolidated financial statements
The financial statements contain information about Crif Decision Solutions Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
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', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable from the provision of added value solutions, consumer profiling and information service activities, stated net of discounts and of value added tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the company.

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.

Computer software is being amortised evenly over its estimated useful life of four years.

Crif Decision Solutions Limited (Registered number: 03395992)

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

3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Depreciation methods,useful lives and residual values are reviewed if there is an indication of a significant change since last annual reporting date in the pattern by which the company expects to consume an asset's future economic benefits.

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Investments in subsidiaries
Investments in subsidiaries and associates are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments on non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

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 and other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Current and deferred tax assets and liabilities are not discounted.

Foreign currencies
Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of exchange ruling at the date of the transaction.

Balances at the year end denominated in a foreign currency are translated into sterling at the rate of exchange ruling at the balance sheet date.

Employee benefits
Short term employee benefits, including contributions to defined contribution plans are recognised as an expense in the period in which they are incurred.

Crif Decision Solutions Limited (Registered number: 03395992)

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 9 ) .

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024 426,347
Additions 228,684
At 31 December 2024 655,031
AMORTISATION
At 1 January 2024 137,956
Charge for year 101,508
At 31 December 2024 239,464
NET BOOK VALUE
At 31 December 2024 415,567
At 31 December 2023 288,391

6. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 21,317 1,165 107,145 129,627
Additions - - 1,068 1,068
At 31 December 2024 21,317 1,165 108,213 130,695
DEPRECIATION
At 1 January 2024 21,317 1,165 103,623 126,105
Charge for year - - 1,565 1,565
At 31 December 2024 21,317 1,165 105,188 127,670
NET BOOK VALUE
At 31 December 2024 - - 3,025 3,025
At 31 December 2023 - - 3,522 3,522

7. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 2,800,001
NET BOOK VALUE
At 31 December 2024 2,800,001
At 31 December 2023 2,800,001

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Whiteblueocean Limited
Registered office: Suite 1, 7th Floor, 50 Broadway, London, England, SW1H 0BL
Nature of business: Computer Consultancy Activities
%
Class of shares: holding
Ordinary 100.00

Crif Decision Solutions Limited (Registered number: 03395992)

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

7. FIXED ASSET INVESTMENTS - continued

CRIF Realtime Limited
Registered office: Suite 1, 7th Floor, 50 Broadway, London, England, SW1H 0BL
Nature of business: Computer Consultancy Activities
%
Class of shares: holding
Ordinary 100.00

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,791,909 3,516,372
Amounts owed by group undertakings 2,301,226 1,850,846
Other debtors 9,024 30,675
Tax 258,939 95,457
Prepayments and accrued income 1,222,151 515,837
6,583,249 6,009,187

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 135,470 150,676
Amounts owed to group undertakings 3,586,589 2,330,617
Deferred tax 103,886 574
Social security and other taxes 351,905 468,531
Other creditors 6,615 3,443
Accruals and deferred income 2,542,952 1,638,832
6,727,417 4,592,673

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

The Report of the Auditors was unqualified.

Nicola Scarr ACA (Senior Statutory Auditor)
for and on behalf of S&W Partners Audit Limited

11. ULTIMATE CONTROLLING PARTY

The company was a subsidiary undertaking of CRIF SpA, incorporated in Italy. The group in which the results of the company are consolidated is that headed by CRIF SpA.

The consolidated accounts of CRIF SpA are available to the public and may be obtained from CRIF SpA Via Beverara n.21. 40131 Bologna Italy.