IRIS Accounts Production v23.3.1.45 11182328 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111823282022-02-28111823282023-02-28111823282022-03-012023-02-28111823282021-02-28111823282021-03-012022-02-28111823282022-02-2811182328ns10:Originalns15:EnglandWales2022-03-012023-02-2811182328ns14:PoundSterlingns10:Original2022-03-012023-02-2811182328ns10:Originalns10:Director12022-03-012023-02-2811182328ns10:Original2022-03-012023-02-2811182328ns10:Original2023-02-2811182328ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2811182328ns10:Originalns10:SmallEntities2022-03-012023-02-2811182328ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2811182328ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2811182328ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2811182328ns10:Originalns10:FullAccounts2022-03-012023-02-2811182328ns10:Originalns10:RegisteredOffice2022-03-012023-02-2811182328ns10:Original2022-02-2811182328ns10:Originalns5:CurrentFinancialInstruments2023-02-2811182328ns10:Originalns5:CurrentFinancialInstruments2022-02-2811182328ns5:ShareCapitalns10:Original2023-02-2811182328ns5:ShareCapitalns10:Original2022-02-2811182328ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2811182328ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2811182328ns10:Originalns5:LeaseholdImprovements2022-03-012023-02-2811182328ns10:Originalns5:PlantMachinery2022-03-012023-02-2811182328ns10:Originalns5:FurnitureFittings2022-03-012023-02-2811182328ns10:Originalns5:MotorVehicles2022-03-012023-02-2811182328ns10:Originalns5:ComputerEquipment2022-03-012023-02-2811182328ns10:Original2021-03-012022-02-2811182328ns10:Originalns5:LeaseholdImprovements2022-02-2811182328ns10:Originalns5:PlantMachinery2022-02-2811182328ns10:Originalns5:FurnitureFittings2022-02-2811182328ns10:Originalns5:LeaseholdImprovements2023-02-2811182328ns10:Originalns5:PlantMachinery2023-02-2811182328ns10:Originalns5:FurnitureFittings2023-02-2811182328ns10:Originalns5:LeaseholdImprovements2022-02-2811182328ns10:Originalns5:PlantMachinery2022-02-2811182328ns10:Originalns5:FurnitureFittings2022-02-2811182328ns10:Originalns5:MotorVehicles2022-02-2811182328ns10:Originalns5:ComputerEquipment2022-02-2811182328ns10:Original2022-02-2811182328ns10:Originalns5:MotorVehicles2023-02-2811182328ns10:Originalns5:ComputerEquipment2023-02-2811182328ns10:Originalns5:MotorVehicles2022-02-2811182328ns10:Originalns5:ComputerEquipment2022-02-28
REGISTERED NUMBER: 11182328 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

CLOUDZEN LIMITED

CLOUDZEN LIMITED (REGISTERED NUMBER: 11182328)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CLOUDZEN LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2023







DIRECTOR: Miss C Baker





REGISTERED OFFICE: 92 Grosvenor Place
Margate
Kent
CT9 1UY





REGISTERED NUMBER: 11182328 (England and Wales)





ACCOUNTANTS: KNIGHT WHEELER LIMITED
Chartered Accountants
54 Sun Street
Waltham Abbey
Essex
EN9 1EJ

CLOUDZEN LIMITED (REGISTERED NUMBER: 11182328)

BALANCE SHEET
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 32,327 39,098

CURRENT ASSETS
Debtors 5 - 3,012
Cash at bank 816 2,615
816 5,627
CREDITORS
Amounts falling due within one year 6 (56,241 ) (56,241 )
NET CURRENT LIABILITIES (55,425 ) (50,614 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,098

)

(11,516

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (23,100 ) (11,518 )
(23,098 ) (11,516 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 20 November 2023 and were signed by:




Miss C Baker - Director


CLOUDZEN LIMITED (REGISTERED NUMBER: 11182328)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Cloudzen 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.

The presentation currency of the financial statement is the Pound Sterling (£) which is the functional currency of the company and rounded to the nearest £.

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

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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

CLOUDZEN LIMITED (REGISTERED NUMBER: 11182328)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Going concern
The company directors to whom the company owes the sum within creditors at the balance sheet date have given an undertaking that they will not seek to pursue the liability within 12 months of the date of approval of the 2023 financial statements to an extent that would prevent the company continuing as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 March 2022
and 28 February 2023 30,949 3,595 17,529
DEPRECIATION
At 1 March 2022 9,282 2,157 5,259
Charge for year 3,094 719 1,753
At 28 February 2023 12,376 2,876 7,012
NET BOOK VALUE
At 28 February 2023 18,573 719 10,517
At 28 February 2022 21,667 1,438 12,270

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 4,195 1,099 57,367
DEPRECIATION
At 1 March 2022 839 732 18,269
Charge for year 839 366 6,771
At 28 February 2023 1,678 1,098 25,040
NET BOOK VALUE
At 28 February 2023 2,517 1 32,327
At 28 February 2022 3,356 367 39,098

CLOUDZEN LIMITED (REGISTERED NUMBER: 11182328)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments - 3,012

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 55,041 55,041
Accrued expenses 1,200 1,200
56,241 56,241