CLOUD SECURITY ALLIANCE (EUROPE) CIC

Company limited by guarantee

Company Registration Number:
SC413149 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

CLOUD SECURITY ALLIANCE (EUROPE) CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CLOUD SECURITY ALLIANCE (EUROPE) CIC

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 1,029,698 1,224,389
Cost of sales: ( 920,526 ) ( 1,316,646 )
Gross profit(or loss): 109,172 (92,257)
Administrative expenses: ( 57,561 ) ( 53,111 )
Operating profit(or loss): 51,611 (145,368)
Interest receivable and similar income: 273
Interest payable and similar charges: ( 252 )
Profit(or loss) before tax: 51,884 (145,620)
Profit(or loss) for the financial year: 51,884 (145,620)

CLOUD SECURITY ALLIANCE (EUROPE) CIC

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Current assets
Debtors: 3 117,221 293,031
Cash at bank and in hand: 140,827 19,957
Total current assets: 258,048 312,988
Creditors: amounts falling due within one year: 4 ( 505,674 ) ( 612,498 )
Net current assets (liabilities): (247,626) (299,510)
Total assets less current liabilities: (247,626) ( 299,510)
Total net assets (liabilities): (247,626) (299,510)
Members' funds
Profit and loss account: (247,626) ( 299,510)
Total members' funds: ( 247,626) (299,510)

The notes form part of these financial statements

CLOUD SECURITY ALLIANCE (EUROPE) CIC

Balance sheet statements

For the year ending 31 December 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.

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

This report was approved by the board of directors on 26 September 2025
and signed on behalf of the board by:

Name: Daniele Cattedu
Status: Director

The notes form part of these financial statements

CLOUD SECURITY ALLIANCE (EUROPE) CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Income and expenditure Income represents amounts receivable from cloud computing services net of VAT, and grant income receivable from public bodies. Membership fee income represents revenue under the sale of annual subscriptions to individuals and member organisations. Membership fees are recognised on a straight line basis over the period to which they relate. Membership fees received, but not recognised, are included in accruals and deferred income. The company receives income from certifications through training and royalties. The income for training is recognised within the period that the training takes place. Royalties are recognised on a straight line basis over the period to which the relate. The company recognises grant income using the accruals model within FRS 102. Revenue is recognised as earned when the company obtains the right to funding as a result of incurring costs as specified under these grant agreements. Where expenditure is incurred which relates to events which have not taken place by the year end, the costs and related revenue are deferred until the event takes place. Grant income received, but not recognised, is included in accruals and deferred income.

    Tangible fixed assets depreciation policy

    Tangible fixed assets Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life. Computer equipment - 33% on cost

CLOUD SECURITY ALLIANCE (EUROPE) CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 5

CLOUD SECURITY ALLIANCE (EUROPE) CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
£ £
Trade debtors 54,526 249,642
Other debtors 62,695 43,389
Total 117,221 293,031

CLOUD SECURITY ALLIANCE (EUROPE) CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 4,300 63,248
Taxation and social security 31,061 52,299
Accruals and deferred income 470,313 496,951
Total 505,674 612,498

COMMUNITY INTEREST ANNUAL REPORT

CLOUD SECURITY ALLIANCE (EUROPE) CIC

Company Number: SC413149 (Scotland)

Year Ending: 31 December 2024

Company activities and impact

We have set up a number of peer-to-peer working groups of organisations and individuals engaged within cyber security. The CSA also has chapters located throughout the UK and Europe who promote our objectives and mission. We manage a training programs on cloud security, governance, compliance and auditing (CCSK, CCAK, CCZT); we worked on the creation of a new training program on Zero Trust Architecture, a new version of the CSA cloud control matrix (CCM V4) framework; we maintain a resource base to offer guidance in compliance of the European Data Protection Board using the CSA Code of Conduct for GDPR Compliance, amongst other areas this year. We continue to conduct online awareness webinars (Cloudbytes and Virtual Summits) to educate the public in subjects such as Artificial Intelligence (AI) and Zero Trust. Our existing training programme (CCSK) continues to be active part of our activities. All material, including downloadable research artifacts, are free to the public, as is membership for individuals.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Daniele Catteddu Directors fees amounting to £nil (2023 - £251,861) were paid to Daniele Catteddu via DC Consultancy OY. At the balance sheet date £nil (2023 - £nil) was due to DC Consultancy OY.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
26 September 2025

And signed on behalf of the board by:
Name: Daniele Cattedu
Status: Director