2022-01-202023-01-312023-01-31false13860862THE EDIT CLOUD LIMITED2023-10-20iso4217:GBPxbrli:pure138608622022-01-20138608622023-01-31138608622022-01-202023-01-31138608622022-01-19138608622022-01-19138608622022-01-192022-01-1913860862bus:SmallEntities2022-01-202023-01-3113860862bus:AuditExempt-NoAccountantsReport2022-01-202023-01-3113860862bus:FullAccounts2022-01-202023-01-3113860862bus:PrivateLimitedCompanyLtd2022-01-202023-01-3113860862core:WithinOneYear2023-01-3113860862core:AfterOneYear2023-01-3113860862core:WithinOneYear2022-01-1913860862core:AfterOneYear2022-01-1913860862core:ShareCapital2023-01-3113860862core:SharePremium2023-01-3113860862core:RevaluationReserve2023-01-3113860862core:OtherReservesSubtotal2023-01-3113860862core:RetainedEarningsAccumulatedLosses2023-01-3113860862core:ShareCapital2022-01-1913860862core:SharePremium2022-01-1913860862core:RevaluationReserve2022-01-1913860862core:OtherReservesSubtotal2022-01-1913860862core:RetainedEarningsAccumulatedLosses2022-01-1913860862core:LandBuildings2023-01-3113860862core:PlantMachinery2023-01-3113860862core:Vehicles2023-01-3113860862core:FurnitureFittings2023-01-3113860862core:OfficeEquipment2023-01-3113860862core:NetGoodwill2023-01-3113860862core:IntangibleAssetsOtherThanGoodwill2023-01-3113860862core:ListedExchangeTraded2023-01-3113860862core:UnlistedNon-exchangeTraded2023-01-3113860862core:LandBuildings2022-01-1913860862core:PlantMachinery2022-01-1913860862core:Vehicles2022-01-1913860862core:FurnitureFittings2022-01-1913860862core:OfficeEquipment2022-01-1913860862core:NetGoodwill2022-01-1913860862core:IntangibleAssetsOtherThanGoodwill2022-01-1913860862core:ListedExchangeTraded2022-01-1913860862core:UnlistedNon-exchangeTraded2022-01-1913860862core:LandBuildings2022-01-202023-01-3113860862core:PlantMachinery2022-01-202023-01-3113860862core:Vehicles2022-01-202023-01-3113860862core:FurnitureFittings2022-01-202023-01-3113860862core:OfficeEquipment2022-01-202023-01-3113860862core:NetGoodwill2022-01-202023-01-3113860862core:IntangibleAssetsOtherThanGoodwill2022-01-202023-01-3113860862core:ListedExchangeTraded2022-01-202023-01-3113860862core:UnlistedNon-exchangeTraded2022-01-202023-01-3113860862core:MoreThanFiveYears2022-01-202023-01-3113860862core:Non-currentFinancialInstruments2023-01-3113860862core:Non-currentFinancialInstruments2022-01-1913860862dpl:CostSales2022-01-202023-01-3113860862dpl:DistributionCosts2022-01-202023-01-3113860862dpl:AdministrativeExpenses2022-01-202023-01-3113860862core:LandBuildings2022-01-202023-01-3113860862core:PlantMachinery2022-01-202023-01-3113860862core:Vehicles2022-01-202023-01-3113860862core:FurnitureFittings2022-01-202023-01-3113860862core:OfficeEquipment2022-01-202023-01-3113860862core:NetGoodwill2022-01-202023-01-3113860862core:IntangibleAssetsOtherThanGoodwill2022-01-202023-01-3113860862dpl:GroupUndertakings2022-01-202023-01-3113860862dpl:ParticipatingInterests2022-01-202023-01-3113860862dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-202023-01-3113860862core:ListedExchangeTraded2022-01-202023-01-3113860862dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-202023-01-3113860862core:UnlistedNon-exchangeTraded2022-01-202023-01-3113860862dpl:CostSales2022-01-192022-01-1913860862dpl:DistributionCosts2022-01-192022-01-1913860862dpl:AdministrativeExpenses2022-01-192022-01-1913860862core:LandBuildings2022-01-192022-01-1913860862core:PlantMachinery2022-01-192022-01-1913860862core:Vehicles2022-01-192022-01-1913860862core:FurnitureFittings2022-01-192022-01-1913860862core:OfficeEquipment2022-01-192022-01-1913860862core:NetGoodwill2022-01-192022-01-1913860862core:IntangibleAssetsOtherThanGoodwill2022-01-192022-01-1913860862dpl:GroupUndertakings2022-01-192022-01-1913860862dpl:ParticipatingInterests2022-01-192022-01-1913860862dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-192022-01-1913860862core:ListedExchangeTraded2022-01-192022-01-1913860862dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-192022-01-1913860862core:UnlistedNon-exchangeTraded2022-01-192022-01-1913860862core:NetGoodwill2023-01-3113860862core:IntangibleAssetsOtherThanGoodwill2023-01-3113860862core:LandBuildings2023-01-3113860862core:PlantMachinery2023-01-3113860862core:Vehicles2023-01-3113860862core:FurnitureFittings2023-01-3113860862core:OfficeEquipment2023-01-3113860862core:AfterOneYear2023-01-3113860862core:WithinOneYear2023-01-3113860862core:ListedExchangeTraded2023-01-3113860862core:UnlistedNon-exchangeTraded2023-01-3113860862core:ShareCapital2023-01-3113860862core:SharePremium2023-01-3113860862core:RevaluationReserve2023-01-3113860862core:OtherReservesSubtotal2023-01-3113860862core:RetainedEarningsAccumulatedLosses2023-01-3113860862core:NetGoodwill2022-01-1913860862core:IntangibleAssetsOtherThanGoodwill2022-01-1913860862core:LandBuildings2022-01-1913860862core:PlantMachinery2022-01-1913860862core:Vehicles2022-01-1913860862core:FurnitureFittings2022-01-1913860862core:OfficeEquipment2022-01-1913860862core:AfterOneYear2022-01-1913860862core:WithinOneYear2022-01-1913860862core:ListedExch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THE EDIT CLOUD LIMITED

Registered Number
13860862
(England and Wales)

Unaudited Financial Statements for the Period ended
31 January 2023

THE EDIT CLOUD LIMITED
Company Information
for the period from 20 January 2022 to 31 January 2023

Director

Simon Green

Registered Address

151 Wardour Street
London
W1F 8WE

Registered Number

13860862 (England and Wales)
THE EDIT CLOUD LIMITED
Balance Sheet as at
31 January 2023

Notes

2023

£

£

Fixed assets
Tangible assets6526
526
Current assets
Debtors7219,636
Cash at bank and on hand148
219,784
Creditors amounts falling due within one year8(417,158)
Net current assets (liabilities)(197,374)
Total assets less current liabilities(196,848)
Net assets(196,848)
Capital and reserves
Called up share capital1
Share premium51,000
Profit and loss account(247,849)
Shareholders' funds(196,848)
The financial statements were approved and authorised for issue by the Director on 20 October 2023, and are signed on its behalf by:
Simon Green
Director
Registered Company No. 13860862
THE EDIT CLOUD LIMITED
Notes to the Financial Statements
for the period ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company in the year under review was that of software development and services.
4.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment3
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Going concern
Whilst the business has been loss making in the financial year, the Directors regularly review the cash position and forecast and believe there is sufficient funds to pay liabilities as they fall due. As such, the Directors agree the going concern basis is the appropriate method to prepare these financial statements.
5.Employee information

2023
Average number of employees during the year1
6.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
Additions541541
At 31 January 23541541
Depreciation and impairment
Charge for year1515
At 31 January 231515
Net book value
At 31 January 23526526
At 19 January 22--
7.Debtors

2023

£
Trade debtors / trade receivables211,936
Other debtors7,700
Total219,636
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

£
Trade creditors / trade payables40,905
Taxation and social security26,495
Other creditors299
Accrued liabilities and deferred income349,459
Total417,158
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.