1 March 2022 false No description of principal activity Taxfiler 2023.10 SC557204business:PrivateLimitedCompanyLtd2022-03-012023-03-31 SC5572042022-02-28 SC5572042022-03-012023-03-31 SC557204business:AuditExemptWithAccountantsReport2022-03-012023-03-31 SC557204business:FilletedAccounts2022-03-012023-03-31 SC5572042023-03-31 SC557204business:Director12022-03-012023-03-31 SC557204business:Director22022-03-012023-03-31 SC557204business:RegisteredOffice2022-03-012023-03-31 SC5572042022-02-28 SC557204core:WithinOneYear2023-03-31 SC557204core:WithinOneYear2022-02-28 SC557204core:AfterOneYear2023-03-31 SC557204core:AfterOneYear2022-02-28 SC557204core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC557204core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 SC557204core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC557204core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 SC557204core:PreviouslyStatedAmount2023-03-31 SC557204core:PreviouslyStatedAmount2022-02-28 SC557204business:SmallEntities2022-03-012023-03-31 SC557204countries:Scotland2022-03-012023-03-31 SC557204core:PlantMachinery2022-03-012023-03-31 SC557204core:FurnitureFittings2022-03-012023-03-31 SC557204core:PlantMachinery2022-02-28 SC557204core:FurnitureFittings2022-02-28 SC557204core:PlantMachinery2023-03-31 SC557204core:FurnitureFittings2023-03-31 SC5572042021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC557204 (Scotland)
The Room Cloud Limited Unaudited accounts for the period from 1 March 2022 to 31 March 2023
The Room Cloud Limited Unaudited accounts Contents
Page
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The Room Cloud Limited Company Information for the period from 1 March 2022 to 31 March 2023
Directors
Antony Fryer Elizabeth Fryer
Company Number
SC557204 (Scotland)
Registered Office
10 Binniehill Road Cumbernauld Glasgow Lanarkshire G68 9AJ Scotland
Accountants
SYKAM & Co 19 Greek Thomson Road Balfron Glasgow G63 0RE
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The Room Cloud Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,820 
9,400 
Investment property
430,000 
420,000 
436,820 
429,400 
Current assets
Debtors
100,004 
167,733 
Cash at bank and in hand
21,840 
14,110 
121,844 
181,843 
Creditors: amounts falling due within one year
(476,781)
(468,006)
Net current liabilities
(354,937)
(286,163)
Total assets less current liabilities
81,883 
143,237 
Creditors: amounts falling due after more than one year
(23,357)
(92,099)
Net assets
58,526 
51,138 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
58,426 
51,038 
Shareholders' funds
58,526 
51,138 
For the period ending 31 March 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2023 and were signed on its behalf by
Antony Fryer Director Company Registration No. SC557204
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The Room Cloud Limited Notes to the Accounts for the period from 1 March 2022 to 31 March 2023
1
Statutory information
The Room Cloud Limited is a private company, limited by shares, registered in Scotland, registration number SC557204. The registered office is 10 Binniehill Road, Cumbernauld, Glasgow, Lanarkshire, G68 9AJ, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
8
Fixtures & fittings
4
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
18,451 
4,429 
22,880 
Disposals
(1,000)
- 
(1,000)
At 31 March 2023
17,451 
4,429 
21,880 
Depreciation
At 1 March 2022
9,051 
4,429 
13,480 
Charge for the period
1,580 
- 
1,580 
At 31 March 2023
10,631 
4,429 
15,060 
Net book value
At 31 March 2023
6,820 
- 
6,820 
At 28 February 2022
9,400 
- 
9,400 
5
Investment property
2023 
£ 
Fair value at 1 March 2022
420,000 
Net gain from fair value adjustments
10,000 
At 31 March 2023
430,000 
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The Room Cloud Limited Notes to the Accounts for the period from 1 March 2022 to 31 March 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
4,000 
Other debtors
100,004 
163,733 
100,004 
167,733 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,467 
3,384 
Loans from directors
471,562 
461,534 
Accruals
1,752 
3,088 
476,781 
468,006 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
23,357 
27,099 
Other creditors
- 
65,000 
23,357 
92,099 
9
Average number of employees
During the period the average number of employees was 0 (2022: 0).
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