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REGISTERED NUMBER: 07497266 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CLOUDCONNX LIMITED

| CLOUDCONNX LIMITED (REGISTERED NUMBER: 07497266) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| CLOUDCONNX LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | R K Cottrill

| J D Mathieson

| SECRETARY: | Ms J K R Mccarthy-Penman

| REGISTERED OFFICE: | Town Hall

| Grove Road

| Eastbourne

| East Sussex

| BN21 4UG

| REGISTERED NUMBER: | 07497266 (England and Wales)

| ACCOUNTANTS: | Galloways Accounting (Hove) Limited

| 15 West Street

| Brighton

| East Sussex

| BN1 2RL

| CLOUDCONNX LIMITED (REGISTERED NUMBER: 07497266) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 3 | 68,597 |  | 62,879 |  |

Investments | 4 | 25,000 |  | 25,000 |  |

93,597 |  | 87,879 |  |

CURRENT ASSETS

Debtors | 5 | 160,510 |  | 298,607 |  |

Cash at bank | 37,975 |  | 245,995 |  |

198,485 |  | 544,602 |  |

CREDITORS

Amounts falling due within one year | 6 | 234,899 |  | 472,622 |  |

NET CURRENT (LIABILITIES)/ASSETS | (36,414 | ) | 71,980 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 57,183 |  | 159,859 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 200,537 |  | 241,937 |  |

NET LIABILITIES | (143,354 | ) | (82,078 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (143,454 | ) | (82,178 | ) |

(143,354 | ) | (82,078 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

| CLOUDCONNX LIMITED (REGISTERED NUMBER: 07497266) |

BALANCE SHEET - continued

31 MARCH 2025

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 December 2025 and were signed on its behalf by:

J D Mathieson - Director

| CLOUDCONNX LIMITED (REGISTERED NUMBER: 07497266) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | 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.

| These financial statements have been prepared on the basis that the company has ceased to trade as of the balance sheet date. All known assets and liabilities arising at that date have been accounted for within the financial statements.

| Turnover

| Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 33% on cost, 20% on cost and 10% 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.

| 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.

| Investments in non tangible assets

| Investments in non tangible assets are recognised at net realisable value with fair value being recognised in the profit and loss.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 3 ) .

| CLOUDCONNX LIMITED (REGISTERED NUMBER: 07497266) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | TANGIBLE FIXED ASSETS

| Plant and |  | Computer |

| machinery |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 209,295 |  | 3,650 |  | 212,945 |  |

| Additions | 8,365 |  | 147 |  | 8,512 |  |

| Disposals | (112,656 | ) | (1,709 | ) | (114,365 | ) |

| At 31 March 2025 | 105,004 |  | 2,088 |  | 107,092 |  |

| DEPRECIATION

| At 1 April 2024 | 147,487 |  | 2,579 |  | 150,066 |  |

| Charge for year | 2,031 |  | 763 |  | 2,794 |  |

| Eliminated on disposal | (112,656 | ) | (1,709 | ) | (114,365 | ) |

| At 31 March 2025 | 36,862 |  | 1,633 |  | 38,495 |  |

| NET BOOK VALUE

| At 31 March 2025 | 68,142 |  | 455 |  | 68,597 |  |

| At 31 March 2024 | 61,808 |  | 1,071 |  | 62,879 |  |

4. | FIXED ASSET INVESTMENTS

| Other

| investment

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 25,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 25,000 |  |

| At 31 March 2024 | 25,000 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 45,080 |  | 187,087 |  |

| Amounts owed by group undertakings | 3,288 |  | 1,584 |  |

| Other debtors | 1,557 |  | 2,000 |  |

| Prepayments and accrued income | 91,456 |  | 104,186 |  |

| Accruals | 19,129 |  | 3,750 |  |

160,510 |  | 298,607 |  |

| CLOUDCONNX LIMITED (REGISTERED NUMBER: 07497266) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 41,790 |  | 41,720 |  |

| Trade creditors | 131,227 |  | 128,891 |  |

| Social security and other taxes | 1,465 |  | 3,066 |  |

| VAT | 7,935 |  | 49,552 |  |

| Other creditors | 209 |  | 209 |  |

| Directors' loan accounts | 18,090 |  | 25,890 |  |

| Deferred income | 27,785 |  | 221,845 |  |

| Accrued expenses | 6,398 |  | 1,449 |  |

234,899 |  | 472,622 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 41,790 |  | 41,720 |  |

| Bank loans - 2-5 years | 125,370 |  | 125,160 |  |

| Bank loans more 5 yr by instal | 33,377 |  | 75,057 |  |

200,537 |  | 241,937 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 33,377 |  | 75,057 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| During the year, J D Mathieson decreased his loan to the company. As at 31 March 2025, the company owed him £18,090 (2024: £25,890). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

9. | ULTIMATE CONTROLLING PARTY

| The controlling party is J D Mathieson.

| This was by virtue of his 55% holding of the issued share capital.

10. | ACCOUNTING BASIS

| As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a loss of £61,276, and as at the year end the current liabilities exceeded current assets by £36,414.

| The validity of this basis depends upon the continued support of Eastbourne Borough Council. The directors have confirmed that Eastbourne Borough Council will continue to give the required support to the company.