2022-06-01 12611200 2023-05-31 12611200 2022-06-01 2023-05-31 12611200 2022-05-31 12611200 2021-06-01 2022-05-31 12611200 uk-core:WithinOneYear 2022-05-31 12611200 uk-core:WithinOneYear 2023-05-31 12611200 uk-core:ShareCapital 2023-05-31 12611200 uk-core:ShareCapital 2022-05-31 12611200 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 12611200 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 12611200 uk-bus:Director1 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure 12611200 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 12611200 uk-bus:FRS102 2022-06-01 2023-05-31 12611200 uk-bus:FullAccounts 2022-06-01 2023-05-31 12611200 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
Reaching Cloud Velocity Limited
Registered Number:12611200
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
Reaching Cloud Velocity Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
12611200
As at 31 May 2023
Reaching Cloud Velocity Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
12,362
7,171
2
12,362
7,171
Current assets
Trade and other receivables
2,703
2,089
3
6,864
Cash and cash equivalents
10,456
12,545
9,567
Trade and other payables: amounts falling due
within one year
(1,320)
(5,904)
4
8,247
6,641
Net current assets
Total assets less current liabilities
19,003
15,418
19,003
Net assets
15,418
Capital and reserves
Called up share capital
2
2
Retained earnings
19,001
15,416
19,003
15,418
Shareholders' funds
For the year ended 31 May 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Jonathan Allen Director
These financial statements were approved and authorised for issue by the Board on 09 November 2023 and were signed by:
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4
Registered Number :
12611200
For the year ended 31 May 2023
Reaching Cloud Velocity Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 31 May 2023
Reaching Cloud Velocity Limited
Notes to the Financial Statements
Statutory Information
Reaching Cloud Velocity Limited is a private limited company, limited by shares, domiciled in England
and Wales, registration number 12611200.
Registered address:
31 Hubbard Road
Burton on the Wolds
Leicestershire
LE12 5AX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and
Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared
under the historical costs convention as modified by the revaluation of certain assets.
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 June 2022
9,296
9,145
Additions
At 31 May 2023
18,441
Provision for depreciation and impairmen
t
At 01 June 2022
2,125
Charge for year
3,954
At 31 May 2023
6,079
At 31 May 2023
Net book value
12,362
At 31 May 2022
7,171
3. Trade and other receivables
2022
2023
£
£
Trade debtors
2,089
2,703
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6
For the year ended 31 May 2023
Reaching Cloud Velocity Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
93
-
Other creditors
5,811
1,320
5,904
1,320
5. Average number of persons employed
During the year the average number of employees was 0 (2022 : 2)
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