Company Registration No. SC557204 (Scotland)
The Room Cloud Limited
Unaudited accounts
for the year ended 31 March 2024
The Room Cloud Limited
Unaudited accounts
Contents
The Room Cloud Limited
Company Information
for the year ended 31 March 2024
Directors
Antony Fryer
Elizabeth Fryer
Company Number
SC557204 (Scotland)
Registered Office
G/F Flat
10 Viewfield Place
Stirling
Stirlingshire
FK8 1NQ
Scotland
Accountants
SYKAM & Co Limited
19 Greek Thomson Road
Balfron
Glasgow
G63 0RE
The Room Cloud Limited
Statement of financial position
as at 31 March 2024
Tangible assets
5,115
6,820
Investment property
443,000
430,000
Cash at bank and in hand
2,005
21,840
Creditors: amounts falling due within one year
(450,689)
(476,781)
Net current liabilities
(358,680)
(354,937)
Total assets less current liabilities
89,435
81,883
Creditors: amounts falling due after more than one year
(21,977)
(23,357)
Called up share capital
100
100
Profit and loss account
67,358
58,426
Shareholders' funds
67,458
58,526
For the year ending 31 March 2024 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 19 November 2024 and were signed on its behalf by
Antony Fryer
Director
Company Registration No. SC557204
The Room Cloud Limited
Notes to the Accounts
for the year ended 31 March 2024
The Room Cloud Limited is a private company, limited by shares, registered in Scotland, registration number SC557204. The registered office is G/F Flat, 10 Viewfield Place, Stirling, Stirlingshire, FK8 1NQ, 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.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
17,451
4,429
21,880
At 31 March 2024
17,451
4,429
21,880
At 1 April 2023
10,631
4,429
15,060
Charge for the year
1,705
-
1,705
At 31 March 2024
12,336
4,429
16,765
At 31 March 2024
5,115
-
5,115
At 31 March 2023
6,820
-
6,820
Fair value at 1 April 2023
430,000
Net gain from fair value adjustments
13,000
The Room Cloud Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Other debtors
90,004
100,004
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,932
3,467
Loans from directors
444,545
471,562
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).