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REGISTERED NUMBER: 10182252 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

FLOCK OF CLOUDS LTD

FLOCK OF CLOUDS LTD (REGISTERED NUMBER: 10182252)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FLOCK OF CLOUDS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: T W Morgan





SECRETARY: The William Marshall Partnership Limited





REGISTERED OFFICE: Park View House
Ropewalk
Fishguard
Pembrokeshire
SA65 9BT





REGISTERED NUMBER: 10182252 (England and Wales)





ACCOUNTANTS: William Marshall & Co
Financial Accountants
Park View House
Ropewalk
Fishguard
Pembrokeshire
SA65 9BT

FLOCK OF CLOUDS LTD (REGISTERED NUMBER: 10182252)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,899 14,442

CURRENT ASSETS
Debtors 5 4,041 5,040
Cash at bank 66,704 82,513
70,745 87,553
CREDITORS
Amounts falling due within one year 6 9,944 13,159
NET CURRENT ASSETS 60,801 74,394
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,700

88,836

CREDITORS
Amounts falling due after more than one year 7 3,226 4,947
NET ASSETS 96,474 83,889

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 96,374 83,789
SHAREHOLDER FUNDS 96,474 83,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

FLOCK OF CLOUDS LTD (REGISTERED NUMBER: 10182252)

BALANCE SHEET - continued
31 MAY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 February 2025 and were signed by:





T W Morgan - Director


FLOCK OF CLOUDS LTD (REGISTERED NUMBER: 10182252)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Flock of Clouds 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Computer
property Equipment equipment Totals
£    £    £    £   
COST
At 1 June 2023 7,797 2,243 9,465 19,505
Additions 23,716 4,137 - 27,853
At 31 May 2024 31,513 6,380 9,465 47,358
DEPRECIATION
At 1 June 2023 - 969 4,094 5,063
Charge for year - 798 2,598 3,396
At 31 May 2024 - 1,767 6,692 8,459
NET BOOK VALUE
At 31 May 2024 31,513 4,613 2,773 38,899
At 31 May 2023 7,797 1,274 5,371 14,442

FLOCK OF CLOUDS LTD (REGISTERED NUMBER: 10182252)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 5,040
Directors' current accounts 4,041 -
4,041 5,040

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 1,675 1,574
Corporation tax 7,470 8,553
Other creditors 799 921
Directors' current accounts - 2,111
9,944 13,159

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 3,226 4,947

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 1,675 1,574

Amounts falling due between one and two years:
Bank loans - 1-2 years 1,726 1,706

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,500 3,241

FLOCK OF CLOUDS LTD (REGISTERED NUMBER: 10182252)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 June 2023 83,789
Profit for the year 32,585
Dividends (20,000 )
At 31 May 2024 96,374

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
T W Morgan
Balance outstanding at start of year - -
Amounts advanced 4,041 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,041 -