Company Registration No. 08782143 (England and Wales)
Cloud Estates Ltd
Unaudited accounts
for the year ended 30 November 2023
Cloud Estates Ltd
Unaudited accounts
Contents
Cloud Estates Ltd
Company Information
for the year ended 30 November 2023
Directors
Jordan Bowe
James Skoyles
Company Number
08782143 (England and Wales)
Registered Office
108 - 110 Heaton Road
Heaton
Newcastle upon Tyne
NE6 5HL
Accountants
Assent Accountants Limited
Metropolitan House
Longrigg Road
Gateshead
Tyne and Wear
NE16 3AS
Cloud Estates Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
2,561
3,416
Cash at bank and in hand
60,856
60,520
Creditors: amounts falling due within one year
(54,788)
(56,223)
Net current assets
31,320
33,901
Total assets less current liabilities
33,881
37,317
Creditors: amounts falling due after more than one year
(33,231)
(38,048)
Net assets/(liabilities)
650
(731)
Called up share capital
100
100
Profit and loss account
550
(831)
Shareholders' funds
650
(731)
For the year ending 30 November 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 12 July 2024 and were signed on its behalf by
James Skoyles
Director
Company Registration No. 08782143
Cloud Estates Ltd
Notes to the Accounts
for the year ended 30 November 2023
Cloud Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 08782143. The registered office is 108 - 110 Heaton Road, Heaton, Newcastle upon Tyne, NE6 5HL.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
3,288
3,781
7,069
At 30 November 2023
3,288
3,781
7,069
At 1 December 2022
2,510
1,143
3,653
Charge for the year
195
660
855
At 30 November 2023
2,705
1,803
4,508
At 30 November 2023
583
1,978
2,561
At 30 November 2022
778
2,638
3,416
Amounts falling due within one year
Other debtors
25,252
27,604
Cloud Estates Ltd
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,399
6,586
Taxes and social security
21,218
8,572
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).