REGISTERED NUMBER: 14249063 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

CIFRA SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

K P Shapley

Mrs J Shapley

REGISTERED OFFICE:

Fairway House

Links Business Park

St Mellons

Cardiff

South Glamorgan

CF3 0LT

REGISTERED NUMBER:

14249063 (England and Wales)

ACCOUNTANTS:

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

FIXED ASSETS

Tangible assets

5

2,174

1,924

CURRENT ASSETS

Debtors

6

51,753

24,639

Cash at bank and in hand

34

691

51,787

25,330

CREDITORS

Amounts falling due within one year

7

(30,353

)

(16,230

)

NET CURRENT ASSETS

21,434

9,100

TOTAL ASSETS LESS CURRENT LIABILITIES

23,608

11,024

CREDITORS

Amounts falling due after more than one year

8

(30,471

)

(33,680

)

PROVISIONS FOR LIABILITIES

9

(413

)

(366

)

NET LIABILITIES

(7,276

)

(23,022

)

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

(7,277

)

(23,023

)

SHAREHOLDERS' FUNDS

(7,276

)

(23,022

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 September 2025 and were signed on its behalf by:

K P Shapley - Director

Mrs J Shapley - Director

1.	STATUTORY INFORMATION

Cifra 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.

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

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.

Significant judgements and estimates

The financial statements are prepared under the going concern basis. The directors believe that this is appropriate as they believe that the company has the necessary resources at its disposal to meet its liabilities as they fall due.

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of 12 months from the date of approval of these financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Computer equipment

-

33% on 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 August 2024

2,477

1,685

4,162

Additions

-

2,126

2,126

At 31 July 2025

2,477

3,811

6,288

DEPRECIATION

At 1 August 2024

1,238

1,000

2,238

Charge for year

619

1,257

1,876

At 31 July 2025

1,857

2,257

4,114

NET BOOK VALUE

At 31 July 2025

620

1,554

2,174

At 31 July 2024

1,239

685

1,924

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

22,823

3,302

Other debtors

28,930

21,337

51,753

24,639

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,210

3,210

Trade creditors

3,926

1,138

Tax

16,299

7,561

Social security and other taxes

5,028

1,188

Directors' current accounts

390

1,633

Accrued expenses

1,500

1,500

30,353

16,230

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

3,571

3,571

Bank loans - 2-5 years

13,323

13,323

Bank loans more 5 yr by instal

13,577

16,786

30,471

33,680

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

13,577

16,786

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

413

366

Deferred

tax

£

Balance at 1 August 2024

366

Provided during year

47

Balance at 31 July 2025

413

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary shares

£1

1

1

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Amounts owed to the Director as at the 31st July 2025 £390.00

.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K P Shapley.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cifra Solutions Ltd for the year ended 31 July 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Cifra Solutions Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cifra Solutions Ltd and state those matters that we have agreed to state to the Board of Directors of Cifra Solutions Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cifra Solutions Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cifra Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cifra Solutions Ltd. You consider that Cifra Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cifra Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

8 September 2025