26 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 50,000 30,000 5,000 35,000 15,000 20,000 xbrli:pure xbrli:shares iso4217:GBP 10773055 2023-07-01 2024-06-30 10773055 2024-06-30 10773055 2023-06-30 10773055 2022-07-01 2023-06-30 10773055 2023-06-30 10773055 2022-06-30 10773055 core:NetGoodwill 2023-07-01 2024-06-30 10773055 core:LandBuildings core:LongLeaseholdAssets 2023-07-01 2024-06-30 10773055 core:LandBuildings core:ShortLeaseholdAssets 2023-07-01 2024-06-30 10773055 core:PlantMachinery 2023-07-01 2024-06-30 10773055 core:FurnitureFittings 2023-07-01 2024-06-30 10773055 core:MotorVehicles 2023-07-01 2024-06-30 10773055 bus:Director2 2023-07-01 2024-06-30 10773055 bus:Director3 2023-07-01 2024-06-30 10773055 core:NetGoodwill 2023-06-30 10773055 core:NetGoodwill 2024-06-30 10773055 core:LandBuildings core:LongLeaseholdAssets 2023-06-30 10773055 core:LandBuildings core:ShortLeaseholdAssets 2023-06-30 10773055 core:PlantMachinery 2023-06-30 10773055 core:FurnitureFittingsToolsEquipment 2023-06-30 10773055 core:MotorVehicles 2023-06-30 10773055 core:LandBuildings core:LongLeaseholdAssets 2024-06-30 10773055 core:LandBuildings core:ShortLeaseholdAssets 2024-06-30 10773055 core:PlantMachinery 2024-06-30 10773055 core:FurnitureFittingsToolsEquipment 2024-06-30 10773055 core:MotorVehicles 2024-06-30 10773055 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 10773055 core:AfterOneYear 2024-06-30 10773055 core:AfterOneYear 2023-06-30 10773055 core:WithinOneYear 2024-06-30 10773055 core:WithinOneYear 2023-06-30 10773055 core:ShareCapital 2024-06-30 10773055 core:ShareCapital 2023-06-30 10773055 core:SharePremium 2024-06-30 10773055 core:SharePremium 2023-06-30 10773055 core:RetainedEarningsAccumulatedLosses 2024-06-30 10773055 core:RetainedEarningsAccumulatedLosses 2023-06-30 10773055 core:NetGoodwill 2023-06-30 10773055 core:LandBuildings core:LongLeaseholdAssets 2023-06-30 10773055 core:LandBuildings core:ShortLeaseholdAssets 2023-06-30 10773055 core:PlantMachinery 2023-06-30 10773055 core:FurnitureFittingsToolsEquipment 2023-06-30 10773055 core:MotorVehicles 2023-06-30 10773055 bus:SmallEntities 2023-07-01 2024-06-30 10773055 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10773055 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10773055 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10773055 bus:FullAccounts 2023-07-01 2024-06-30 10773055 core:ComputerEquipment 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 10773055
CSSCloud Limited
Unaudited financial statements
30 June 2024
CSSCloud Limited
Statement of financial position
30 June 2024
2024
2023
Note
£
£
£
£
Fixed assets
Intangible assets
5
15,000
20,000
Tangible assets
6
111,821
180,494
---------
---------
126,821
200,494
Current assets
Stocks
31,679
33,524
Debtors
7
202,115
158,500
Cash at bank and in hand
589,856
496,496
---------
---------
823,650
688,520
Creditors: Amounts falling due within one year
8
( 814,619)
( 704,120)
---------
---------
Net current assets/(liabilities)
9,031
( 15,600)
---------
---------
Total assets less current liabilities
135,852
184,894
Creditors: Amounts falling due after more than one year
9
( 9,167)
( 19,167)
Provisions
Taxation including deferred tax
( 16,619)
( 22,700)
---------
---------
Net assets
110,066
143,027
---------
---------
Capital and reserves
Called up share capital
200
200
Share premium account
15,543
15,543
Profit and loss account
94,323
127,284
---------
---------
Shareholders funds
110,066
143,027
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
CSSCloud Limited
Statement of financial position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 4 December 2024 , and are signed on behalf of the board by:
K J Miller
Mrs A H Miller
Director
Director
Company registration number: 10773055
CSSCloud Limited
Notes to the financial statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Nimbus House Marine Park, Gapton Hall Road, Great Yarmouth, NR31 0NB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
10% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Long leasehold property
-
15% straight line
Leasehold property improvements
-
15% straight line
Plant and machinery
-
25% reducing balance
Fixtures and fittings
-
15% straight line
Motor vehicles
-
20% straight line
Equipment
-
15% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
4. Employee numbers
The average number of employees during the year was 26 (2023: 23 ).
5. Intangible assets
Goodwill
£
Cost
At 1 July 2023 and 30 June 2024
50,000
-------
Amortisation
At 1 July 2023
30,000
Charge for the year
5,000
-------
At 30 June 2024
35,000
-------
Carrying amount
At 30 June 2024
15,000
-------
At 30 June 2023
20,000
-------
6. Tangible assets
Leasehold property
Leasehold property imp'ments
Plant and machinery
Fixtures, fittings and equipment
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 July 2023
1,869
178,128
45,710
126,997
139,616
492,320
Additions
12,148
300
40,946
53,394
Disposals
( 111,999)
( 111,999)
------
---------
-------
---------
---------
---------
At 30 June 2024
1,869
190,276
45,710
127,297
68,563
433,715
------
---------
-------
---------
---------
---------
Depreciation
At 1 July 2023
1,680
143,762
22,790
65,065
78,529
311,826
Charge for the year
188
28,542
3,438
18,579
10,236
60,983
Disposals
( 50,915)
( 50,915)
------
---------
-------
---------
---------
---------
At 30 June 2024
1,868
172,304
26,228
83,644
37,850
321,894
------
---------
-------
---------
---------
---------
Carrying amount
At 30 June 2024
1
17,972
19,482
43,653
30,713
111,821
------
---------
-------
---------
---------
---------
At 30 June 2023
189
34,366
22,920
61,932
61,087
180,494
------
---------
-------
---------
---------
---------
7. Debtors
2024
2023
£
£
Trade debtors
171,739
119,527
Amounts owed by group undertakings and undertakings in which the company has a participating interest
23,037
Other debtors
7,339
38,973
---------
---------
202,115
158,500
---------
---------
8. Creditors: Amounts falling due within one year
2024
2023
£
£
Trade creditors
160,006
162,478
Social security and other taxes
362,515
253,223
Other creditors
292,098
288,419
---------
---------
814,619
704,120
---------
---------
9. Creditors: Amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
9,167
19,167
------
-------
The bank loan of £9,167 is secured against the assets of the company.