File

Registration number: 09899234

Cyber Defence Alliance Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 6

Cyber Defence Alliance Limited

Company Information

Directors

C S Gray M Rowe S Schaumann C T Rice P Ryan C W Timblin

Company secretary

M Ahmed

Registered office

1 Churchill Place - Level 22 Canary Wharf London E14 5HP

Bankers

Santander UK PLC 2 Triton Square Regent's Place London NW1 3AN

Auditors

Lambert Chapman LLP Chartered Accountants and Registered Statutory Auditors3 Warners Mill Silks Way Braintree Essex CM7 3GB

Cyber Defence Alliance Limited

(Registration number: 09899234)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	41,128	49,634
Current assets
Debtors	5	655,533	865,626
Cash at bank and in hand		4,479,035	3,229,266
		5,134,568	4,094,892
Creditors: Amounts falling due within one year	6	(3,776,863)	(3,426,911)
Net current assets		1,357,705	667,981
Net assets		1,398,833	717,615
Capital and reserves
Income and expenditure reserve		1,398,833	717,615
Total equity		1,398,833	717,615

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income and Expenditure Account.

Approved and authorised by the Board on 22 September 2026 and signed on its behalf by:
 

C T Rice
Director

Cyber Defence Alliance Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is: 1 Churchill Place - Level 22, Canary Wharf, London, E14 5HP.

These financial statements were authorised for issue by the Board on 22 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 22 September 2026 was Sean Wiegand FCA, who signed for and on behalf of Lambert Chapman LLP.

Revenue recognition and membership

The company recognises revenue from banks for membership fees on an accruals basis evenly over the membership period. Any proportion of membership fees received in advance are held in the balance sheet within accruals and deferred income. Income is shown net of value added tax.

The member banks are working together for the mutual benefit of each other to combat cyber fraud.

As part of the banks becoming members of Cyber Defence Alliance Limited they pay an annual membership fee and may provide seconded employees and use of office space and fixed assets which are not included within the financial statements.

An organisation can be admitted to membership where it satisfies the criteria and completes the application process required by the board and the decision is approved by the board.

Each member shall contribute a membership fee to the company, the amount and frequency and payment shall be set by decision of the board, taking into account the anticipated expenditure of the company.

Cyber Defence Alliance Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The company is a not for profit organisation and as such, the directors expect there to be no taxable income and consequently no Corporation Tax has been provided for other than on investment income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office and Computer equipment	33.33% Straight line method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are membership fees due from the members of the company.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at cost less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Cyber Defence Alliance Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 17 (2024 - 15). This does not include any seconded employees that the members may provide.

4	Tangible assets

	Office equipment  £	Total £
Cost or valuation
At 1 January 2025	135,611	135,611
Additions	15,030	15,030
At 31 December 2025	150,641	150,641
Depreciation
At 1 January 2025	85,977	85,977
Charge for the year	23,536	23,536
At 31 December 2025	109,513	109,513
Carrying amount
At 31 December 2025	41,128	41,128
At 31 December 2024	49,634	49,634

5

Debtors

	2025 £	2024 £
Trade debtors	516,247	721,895
Prepayments	139,286	143,731
	655,533	865,626

Cyber Defence Alliance Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	53,051	21,666
Taxation and social security	501,955	449,041
Other creditors	18,816	998
Corporation tax	10,226	10,467
Accruals and deferred income	3,192,815	2,944,739
	3,776,863	3,426,911