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REGISTERED NUMBER: 10411271 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31st October 2023

for

Complete Cloud Computing Ltd

Complete Cloud Computing Ltd (Registered number: 10411271)

Contents of the Financial Statements
for the Year Ended 31st October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Complete Cloud Computing Ltd

Company Information
for the Year Ended 31st October 2023







Director: P L Wood





Registered office: 10 Park Place
Manchester
M4 4EY





Registered number: 10411271 (England and Wales)





Accountants: DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY

Complete Cloud Computing Ltd (Registered number: 10411271)

Balance Sheet
31st October 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 949 1,898

Current assets
Debtors 5 1,169,285 1,154,158

Creditors
Amounts falling due within one year 6 2,400 2,150
Net current assets 1,166,885 1,152,008
Total assets less current liabilities 1,167,834 1,153,906

Pension liability (403,000 ) (543,000 )
Net assets 764,834 610,906

Capital and reserves
Called up share capital 7 100 100
Retained earnings 764,734 610,806
Shareholders' funds 764,834 610,906

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2023 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.

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 Income Statement has not been delivered.

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





P L Wood - Director


Complete Cloud Computing Ltd (Registered number: 10411271)

Notes to the Financial Statements
for the Year Ended 31st October 2023


1. Statutory information

Complete Cloud Computing 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on cost

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

Pension
For a defined benefit scheme, the liability recorded in the balance sheet is the present value of the defined obligation at that date. The defined benefit obligation is calculated on an annual basis by independent actuaries.

Actuarial gains and losses are recognised in full in the period in which they occur and are shown in Other Comprehensive Income.

Current and past service costs, along with settlements or curtailments, are charged to the Income Statement. Interest on pension plan liabilities are recognised within finance expense.

3. Employees and directors

The average number of employees during the year was NIL (2022 - NIL).

Complete Cloud Computing Ltd (Registered number: 10411271)

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


4. Tangible fixed assets
Equipment
£   
Cost
At 1st November 2022
and 31st October 2023 4,744
Depreciation
At 1st November 2022 2,846
Charge for year 949
At 31st October 2023 3,795
Net book value
At 31st October 2023 949
At 31st October 2022 1,898

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors 1,169,285 1,154,158

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Other creditors 2,400 2,150

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

Complete Cloud Computing Ltd (Registered number: 10411271)

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


8. Employer pension obligations

The Company has agreed to fund a defined benefit pension scheme in respect of key employees. The most recent actuarial valuation of the obligations of £403,000 (2022 - £543,000) was on 31/10/2023. During the year the expense incurred was £24,000 (2022 - £30,000).

The principal assumptions used are:

- Discount rate - 5.6%
- Inflation RPI - 3.1%
- Inflation CPI - 2.7%
- Pre and Post Retirement mortality - S3PMA tables with improvements in the CMI 2022 model and a long
term rate of improvement of 1%

2023 2022
Present value of defined benefit obligations £403,000 £543,000
Fair value of scheme assets £0 £0
Liability recognised in the balance sheet £403,000 £543,000

Movements in the present value of the defined benefit obligations were as follows:

2023
At the beginning of the year £543,000
Current Service Cost £0
Interest cost £24,000
Actuarial losses (£164,000)
At the end of the year £403,000