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REGISTERED NUMBER: 09521911 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

HOSTED CLOUD SOLUTIONS LIMITED

HOSTED CLOUD SOLUTIONS LIMITED (REGISTERED NUMBER: 09521911)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HOSTED CLOUD SOLUTIONS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2022







DIRECTOR: Mr D F Cox





SECRETARY:





REGISTERED OFFICE: 54 Sun Street
Waltham Abbey
Essex
EN9 1EJ





REGISTERED NUMBER: 09521911 (England and Wales)





ACCOUNTANTS: Knight Wheeler Sanson Limited
17 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

HOSTED CLOUD SOLUTIONS LIMITED (REGISTERED NUMBER: 09521911)

BALANCE SHEET
31 March 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,360 7,470

CURRENT ASSETS
Debtors 5 56,039 24,333
Cash at bank 72,585 106,261
128,624 130,594
CREDITORS
Amounts falling due within one year 6 (10,598 ) (2,569 )
NET CURRENT ASSETS 118,026 128,025
TOTAL ASSETS LESS CURRENT
LIABILITIES

126,386

135,495

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 125,386 134,495
SHAREHOLDERS' FUNDS 126,386 135,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 7 September 2022 and were signed by:





Mr D F Cox - Director


HOSTED CLOUD SOLUTIONS LIMITED (REGISTERED NUMBER: 09521911)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Hosted Cloud Solutions Limited 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.

2. 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.

The financial statements are presented in sterling (£) which is also the functional currency of the company and rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

Turnover represents the net invoiced value of commission due on the sourcing and renewal of customer telecommunication service contracts for both mobile and land line communication. Turnover is recognised on completion of the service and by reference to the stage of completion at the balance sheet date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued, non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

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.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and any short term deposits.

HOSTED CLOUD SOLUTIONS LIMITED (REGISTERED NUMBER: 09521911)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2021 16,745 608 17,353
Additions - 4,289 4,289
At 31 March 2022 16,745 4,897 21,642
DEPRECIATION
At 1 April 2021 9,680 203 9,883
Charge for year 1,766 1,633 3,399
At 31 March 2022 11,446 1,836 13,282
NET BOOK VALUE
At 31 March 2022 5,299 3,061 8,360
At 31 March 2021 7,065 405 7,470

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 54,800 -
Tax 1,239 22,852
VAT - 1,481
56,039 24,333

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors - 2
Social security and other taxes 332 336
VAT 8,669 -
Directors' current accounts 647 631
Accrued expenses 950 1,600
10,598 2,569

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D F Cox.