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REGISTERED NUMBER: 07357530 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Cloud 10 Limited

Cloud 10 Limited (Registered number: 07357530)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Cloud 10 Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: E Thomson
N Soothill





REGISTERED OFFICE: Bedford Heights
Bedford Accountants
Brickhill Drive
Bedford
Bedfordhsire
MK41 7PH





REGISTERED NUMBER: 07357530 (England and Wales)





ACCOUNTANTS: Bedford Accountants Limited
Bedford Heights
Brickhill Drive
Bedford
Bedfordshire
MK41 7PH

Cloud 10 Limited (Registered number: 07357530)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,477 11,377

CURRENT ASSETS
Debtors 5 148,958 92,585
Cash at bank and in hand 62,040 143,934
210,998 236,519
CREDITORS
Amounts falling due within one year 6 115,289 99,270
NET CURRENT ASSETS 95,709 137,249
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,186

148,626

CREDITORS
Amounts falling due after more than
one year

7

(7,498

)

(17,498

)

PROVISIONS FOR LIABILITIES (2,516 ) (2,162 )
NET ASSETS 99,172 128,966

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 99,072 128,866
99,172 128,966

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Cloud 10 Limited (Registered number: 07357530)

Statement of Financial Position - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by:




E Thomson - Director



N Soothill - Director


Cloud 10 Limited (Registered number: 07357530)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Cloud 10 Limited 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.
Plant and machinery - 18% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Cloud 10 Limited (Registered number: 07357530)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 September 2023 87,021 8,618 95,639
Additions 10,982 358 11,340
At 31 August 2024 98,003 8,976 106,979
DEPRECIATION
At 1 September 2023 77,012 7,250 84,262
Charge for year 8,436 804 9,240
At 31 August 2024 85,448 8,054 93,502
NET BOOK VALUE
At 31 August 2024 12,555 922 13,477
At 31 August 2023 10,009 1,368 11,377

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 137,318 86,363
Amounts owed by group undertakings 5,282 -
Prepayments 6,358 6,222
148,958 92,585

Cloud 10 Limited (Registered number: 07357530)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 9,999 10,000
Trade creditors 42,509 25,060
Tax 21,383 22,737
Social security and other taxes 2,755 1,945
VAT 37,569 28,791
Other creditors 850 850
Directors' current accounts 224 9,887
115,289 99,270

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans - 1-2 years 7,498 10,000
Bank loans - 2-5 years - 7,498
7,498 17,498