CLOUD SYSTEMS LIMITED

Company Registration Number:
07157157 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

CLOUD SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

CLOUD SYSTEMS LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 425,761 205,000
Investments: 4 104 104
Total fixed assets: 425,865 205,104
Current assets
Stocks: 0 0
Debtors:   132,477 0
Cash at bank and in hand: 23,223 4,896
Investments:   0 0
Total current assets: 155,700 4,896
Creditors: amounts falling due within one year:   (97,653) 0
Net current assets (liabilities): 58,047 4,896
Total assets less current liabilities: 483,912 210,000
Creditors: amounts falling due after more than one year:   (84,145) 0
Provision for liabilities: 0 (102,500)
Total net assets (liabilities): 399,767 107,500
Capital and reserves
Called up share capital: 5,000 5,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 394,767 102,500
Shareholders funds: 399,767 107,500

The notes form part of these financial statements

CLOUD SYSTEMS LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 October 2023
and signed on behalf of the board by:

Name: Edward Heappey
Status: Director

The notes form part of these financial statements

CLOUD SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Assets are depreciated based on an expected usable life of 5 years.

Valuation and information policy

Investments are valued at purchase price.

CLOUD SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

CLOUD SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 205,000
Additions 261,783
At 28 February 2023 466,783
Depreciation
At 01 March 2022 0
Charge for year 41,022
At 28 February 2023 41,022
Net book value
At 28 February 2023 425,761
At 28 February 2022 205,000

CLOUD SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Fixed investments

Investments are valued based on purchase price.