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Registered Number: 13320336
England and Wales

 

 

 

CLOUD9 PROPERTIES LTD


Abridged Accounts
 


Period of accounts

Start date: 01 May 2023

End date: 30 April 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Investments 3 686,426    346,005 
686,426    346,005 
Current assets      
Debtors   35,185 
Cash at bank and in hand 22,227    73,249 
22,227    108,434 
Creditors: amount falling due within one year (211,822)   (210,290)
Net current assets (189,595)   (101,856)
 
Total assets less current liabilities 496,831    244,149 
Creditors: amount falling due after more than one year (490,673)   (244,800)
Net assets 6,158    (651)
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 6,156    (653)
Shareholders' funds 6,158    (651)
 


For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 06 January 2025 and were signed on its behalf by:


-------------------------------
Naresh Kumar BELLAMKONDA
Director
1
General Information
CLOUD9 PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13320336, registration address 4, Gordon Carlton Gardens Springfield, Chelmsford, England, CM1 6AY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 May 2023 346,005    346,005 
Additions 340,421    340,421 
Transfer to/from tangible fixed assets  
Disposals  
At 30 April 2024 686,426    686,426 
There is no change in investment value and Investment properties are valued annually by the directors on a fair value basis.

2