IRIS Accounts Production v24.2.0.383 06016849 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060168492022-12-31060168492023-12-31060168492023-01-012023-12-31060168492021-12-31060168492022-01-012022-12-31060168492022-12-3106016849ns15:EnglandWales2023-01-012023-12-3106016849ns14:PoundSterling2023-01-012023-12-3106016849ns10:Director12023-01-012023-12-3106016849ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3106016849ns10:SmallEntities2023-01-012023-12-3106016849ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3106016849ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3106016849ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3106016849ns10:AbridgedAccounts2023-01-012023-12-3106016849ns10:Director22023-01-012023-12-3106016849ns10:CompanySecretary12023-01-012023-12-3106016849ns10:RegisteredOffice2023-01-012023-12-3106016849ns5:CurrentFinancialInstruments2023-12-3106016849ns5:CurrentFinancialInstruments2022-12-3106016849ns5:Non-currentFinancialInstruments2023-12-3106016849ns5:Non-currentFinancialInstruments2022-12-3106016849ns5:ShareCapital2023-12-3106016849ns5:ShareCapital2022-12-3106016849ns5:RetainedEarningsAccumulatedLosses2023-12-3106016849ns5:RetainedEarningsAccumulatedLosses2022-12-3106016849ns5:FurnitureFittings2023-01-012023-12-3106016849ns5:ComputerEquipment2023-01-012023-12-31
REGISTERED NUMBER: 06016849 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

M2M Cloud Limited

M2M Cloud Limited (Registered number: 06016849)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


M2M Cloud Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: C Papakyriacou
A Fraser





SECRETARY: C Papakyriacou





REGISTERED OFFICE: 1 Stanyards Courtyard
Stanyards Farm
Chertsey Road
Chobham
Surrey
GU24 8JE





REGISTERED NUMBER: 06016849 (England and Wales)





ACCOUNTANTS: Ahmad York Limited
Chartered Certified Accountants
1 Stanyards Courtyard
Stanyards Farm
Chertsey Road
Chobham
Surrey
GU24 8JE

M2M Cloud Limited (Registered number: 06016849)

Abridged Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,082 577

CURRENT ASSETS
Stocks 4,375 7,563
Debtors 168,921 183,040
Prepayments and accrued income 3,828 -
Cash at bank 219,004 186,491
396,128 377,094
CREDITORS
Amounts falling due within one year 239,034 230,112
NET CURRENT ASSETS 157,094 146,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,176

147,559

CREDITORS
Amounts falling due after more than one
year

(14,806

)

(24,946

)

PROVISIONS FOR LIABILITIES (206 ) (110 )
NET ASSETS 143,164 122,503

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 142,964 122,303
SHAREHOLDERS' FUNDS 143,164 122,503

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

M2M Cloud Limited (Registered number: 06016849)

Abridged Statement of Financial Position - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





C Papakyriacou - Director


M2M Cloud Limited (Registered number: 06016849)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

M2M Cloud 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.

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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instrument transactions in accordance with Section 11. Financial assets and liabilities are measured at cost and financial assets are assessed at the end of each reporting period for objective evidence of impairment.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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 9 (2022 - 9 ) .

M2M Cloud Limited (Registered number: 06016849)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 749
Additions 725
At 31 December 2023 1,474
DEPRECIATION
At 1 January 2023 172
Charge for year 220
At 31 December 2023 392
NET BOOK VALUE
At 31 December 2023 1,082
At 31 December 2022 577