Company Registration No. SC399410 (Scotland)
Cloudlearn Ltd
Unaudited accounts
for the year ended 31 May 2024
Cloudlearn Ltd
Unaudited accounts
Contents
Cloudlearn Ltd
Company Information
for the year ended 31 May 2024
Directors
Stuart Gibson
Kurien Phillip
Paul Monan
Company Number
SC399410 (Scotland)
Registered Office
SUITE 2.11
94 HOPE STREET
GLASGOW
G2 6PH
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Cloudlearn Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
19,758
6,488
Cash at bank and in hand
314,247
251,632
Creditors: amounts falling due within one year
(186,001)
(69,238)
Net current assets
128,246
183,683
Net assets
148,004
190,171
Called up share capital
100
100
Profit and loss account
147,904
190,071
Shareholders' funds
148,004
190,171
For the year ending 31 May 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 20 January 2025 and were signed on its behalf by
Stuart Gibson
Director
Company Registration No. SC399410
Cloudlearn Ltd
Notes to the Accounts
for the year ended 31 May 2024
Cloudlearn Ltd is a private company, limited by shares, registered in Scotland, registration number SC399410. The registered office is SUITE 2.11, 94 HOPE STREET, GLASGOW, G2 6PH.
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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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
Expenditure on research and development is written off in the year in which it is incurred.
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Tangible fixed assets
Computer equipment
Cloudlearn Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
160,286
2,498
Taxes and social security
5,083
38,967
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 5 (2023: 5).