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REGISTERED NUMBER: 07452136 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

YOUR CLOUD WORKS LTD

YOUR CLOUD WORKS LTD (REGISTERED NUMBER: 07452136)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YOUR CLOUD WORKS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: T Capewell





REGISTERED OFFICE: The Danes
2 Reindeer Court
Potterspury
Towcester
Northamptonshire
NN12 7FB





REGISTERED NUMBER: 07452136 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

YOUR CLOUD WORKS LTD (REGISTERED NUMBER: 07452136)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 40,582 17,698

CURRENT ASSETS
Debtors 5 76,234 79,500
Cash at bank 45,154 47,140
121,388 126,640
CREDITORS
Amounts falling due within one year 6 57,646 52,085
NET CURRENT ASSETS 63,742 74,555
TOTAL ASSETS LESS CURRENT
LIABILITIES

104,324

92,253

CREDITORS
Amounts falling due after more than one
year

7

(6,819

)

(11,576

)

PROVISIONS FOR LIABILITIES (9,937 ) (3,169 )
NET ASSETS 87,568 77,508

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 87,368 77,308
SHAREHOLDERS' FUNDS 87,568 77,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

YOUR CLOUD WORKS LTD (REGISTERED NUMBER: 07452136)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2024 and were signed by:





T Capewell - Director


YOUR CLOUD WORKS LTD (REGISTERED NUMBER: 07452136)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Your Cloud Works Ltd 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 statements is the Pound Sterling (£).


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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

YOUR CLOUD WORKS LTD (REGISTERED NUMBER: 07452136)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 April 2023 125 6,229 24,000 30,738 61,092
Additions 29,433 - - 1,866 31,299
At 31 March 2024 29,558 6,229 24,000 32,604 92,391
DEPRECIATION
At 1 April 2023 125 5,110 10,125 28,034 43,394
Charge for year 2,989 280 3,469 1,677 8,415
At 31 March 2024 3,114 5,390 13,594 29,711 51,809
NET BOOK VALUE
At 31 March 2024 26,444 839 10,406 2,893 40,582
At 31 March 2023 - 1,119 13,875 2,704 17,698

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 50,029 45,563
Other debtors 26,205 33,937
76,234 79,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 4,754 4,754
Trade creditors 28,206 16,991
Taxation and social security 22,850 27,794
Other creditors 1,836 2,546
57,646 52,085

YOUR CLOUD WORKS LTD (REGISTERED NUMBER: 07452136)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 6,819 11,576

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
200 Ordinary 1 200 200

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£ £
T Capewell
Balance outstanding at start of year 30,199 35,086
Amounts advanced 42,355 43,113
Amounts repaid (52,250 ) (48,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,304 30,199