Company Registration No. 09914466 (England and Wales)
Cloud Portsmouth Limited
Unaudited accounts
for the year ended 31 December 2024
Cloud Portsmouth Limited
Unaudited accounts
Contents
Cloud Portsmouth Limited
Company Information
for the year ended 31 December 2024
Company Number
09914466 (England and Wales)
Registered Office
203 West Street
Fareham
PO16 0EN
ENGLAND
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Cloud Portsmouth Limited
Statement of financial position
as at 31 December 2024
Tangible assets
75,553
75,737
Cash at bank and in hand
22,038
12,982
Creditors: amounts falling due within one year
(42,504)
(40,978)
Net current liabilities
(20,466)
(27,996)
Called up share capital
2
2
Profit and loss account
55,085
47,739
Shareholders' funds
55,087
47,741
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 19 February 2025 and were signed on its behalf by
Clifford Loud
Director
Company Registration No. 09914466
Cloud Portsmouth Limited
Notes to the Accounts
for the year ended 31 December 2024
Cloud Portsmouth Limited is a private company, limited by shares, registered in England and Wales, registration number 09914466. The registered office is 203 West Street, Fareham, PO16 0EN, ENGLAND.
2
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:
Land & buildings
Not depreciated as the life is deemed as indefinite
Computer equipment
25% reducing balance method
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
75,000
1,748
76,748
At 31 December 2024
75,000
1,748
76,748
At 1 January 2024
-
1,011
1,011
Charge for the year
-
184
184
At 31 December 2024
-
1,195
1,195
At 31 December 2024
75,000
553
75,553
At 31 December 2023
75,000
737
75,737
Cloud Portsmouth Limited
Notes to the Accounts
for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,766
1,662
Loans from directors
39,692
38,777
Allotted, called up and fully paid:
2 Ordinary A shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(38,777)
-
915
(39,692)
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).