The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

Cloud Made Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 82 St John Street, London, EC1M 4JN.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The accounts have been prepared on a going concern basis despite net liabilities of £5,212 (2023: £48,184,296 net assets) on the basis that the directors and shareholder have agreed and confirmed to support the company for the foreseeable future.true

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Cash at bank and in hand are basic financial assets and include cash in hand and deposits held at call with banks.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Consolidation

The company has taken advantage of exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as as small group. The financial statements present information about the company as an individual entity and not about its group.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of person (including director) employed by the company during the year was:

On 22 November 2024, 106,164 Ordinary shares of Series 'A' of £0.001 each were issued at par and 36,527 Ordinary shares of Series 'B' of £0.001 each were issued at par.

Included in other debtors

Cloud Made Limited is a 100% subsidiary of Cloud Made Holdings Limited, while Cloud Made Ukraine LLC and Cloud Made Inc. are 100% sub-subsidiaries of Cloud Made Holdings Limited.

Cloud Made Limited

During the year, Cloud Made Limited paid expenses on behalf of Cloud Made Holdings Limited, amounting to £5,433 (2023: £3,575). Cloud Made Holdings Limited advanced loan of £2,899,030 (2023: £Nil) to Cloud Made Limited. During the year, a balance of £30,411,677 was written off for Cloud Made Limited. The amount due from Cloud Made Limited as at 31 December 2024 was £Nil (2023: £27,518,080).

Cloud Made Ukraine LLC

During the year, the company has made foreign exchange provisions of £13,741. During the year, a balance of £901,768 was written off for Cloud Made Ukraine LLC. The amount due from Cloud Made Ukraine LLC as at 31 December 2024 was £Nil (2023: £888,027).

Cloud Made Inc.

During the year, the company has made foreign exchange provisions of £46,996. During the year, a balance of £3,084,079 was written off for Cloud Made Inc. The amount due from Cloud Made Inc. as at 31 December 2024 was £Nil (2023: £3,037,083).

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

The company is under the control of Star Global Consulting Inc, by virtue of it's 100% shareholding.