CLOUD INSIGHT TECH LIMITED

Company Registration Number:
12615868 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

CLOUD INSIGHT TECH LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

CLOUD INSIGHT TECH LIMITED

Company Information

for the Period Ended 31 May 2023




Director: Olajumoke Alli
Registered office: 6
Sara Crescent
Greenhithe
England
DA9 9NY
Company Registration Number: 12615868 (England and Wales)

CLOUD INSIGHT TECH LIMITED

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
Olajumoke Alli

This report was approved by the board of directors on 22 February 2024
And Signed On Behalf Of The Board By:

Name: Olajumoke Alli
Status: Director

CLOUD INSIGHT TECH LIMITED

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£

2022
£
Turnover 53,190 63,900
Cost of sales ( 21,570 ) ( 30,618 )
Gross Profit or (Loss) 31,620 33,282
Administrative Expenses ( 29,912 ) ( 33,790 )
Operating Profit or (Loss) 1,708 ( 508 )
Profit or (Loss) Before Tax 1,708 ( 508 )
Tax on Profit ( 304 ) -
Profit or (Loss) for Period 1,404 ( 508 )

The notes form part of these financial statements

CLOUD INSIGHT TECH LIMITED

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,687 800
Total fixed assets: 1,687 800
Current assets
Cash at bank and in hand: 22 5,050
Total current assets: 22 5,050
Creditors: amounts falling due within one year: 5 ( 304 ) ( 6,357 )
Net current assets (liabilities): ( 282 ) ( 1,307 )
Total assets less current liabilities: 1,405 ( 507 )
Total net assets (liabilities): 1,405 ( 507 )

The notes form part of these financial statements

CLOUD INSIGHT TECH LIMITED

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,404 ( 508 )
Shareholders funds: 1,405 ( 507 )

For the year ending 31 May 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.

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

This report was approved by the board of directors on 22 February 2024
And Signed On Behalf Of The Board By:

Name: Olajumoke Alli
Status: Director

The notes form part of these financial statements

CLOUD INSIGHT TECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

CLOUD INSIGHT TECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

CLOUD INSIGHT TECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

CLOUD INSIGHT TECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 June 2022 1,200 1,200
Additions 1,287 1,287
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2023 2,487 2,487
Depreciation
At 01 June 2022 400 400
Charge for year 400 400
On disposals - -
Other adjustments - -
At 31 May 2023 800 800
Net book value
At 31 May 2023 1,687 1,687
At 31 May 2022 800 800

CLOUD INSIGHT TECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 304
Other creditors 6,357
Total 304 6,357