Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 13904688 Mr Thomas Jacques Mr Robbie Underwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13904688 2024-02-29 13904688 2025-02-28 13904688 2024-03-01 2025-02-28 13904688 frs-core:CurrentFinancialInstruments 2025-02-28 13904688 frs-core:Non-currentFinancialInstruments 2025-02-28 13904688 frs-core:BetweenOneFiveYears 2025-02-28 13904688 frs-core:ComputerEquipment 2025-02-28 13904688 frs-core:ComputerEquipment 2024-03-01 2025-02-28 13904688 frs-core:ComputerEquipment 2024-02-29 13904688 frs-core:MotorVehicles 2025-02-28 13904688 frs-core:MotorVehicles 2024-03-01 2025-02-28 13904688 frs-core:MotorVehicles 2024-02-29 13904688 frs-core:WithinOneYear 2025-02-28 13904688 frs-core:ShareCapital 2025-02-28 13904688 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 13904688 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13904688 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 13904688 frs-bus:SmallEntities 2024-03-01 2025-02-28 13904688 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13904688 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 13904688 frs-bus:Director1 2024-03-01 2025-02-28 13904688 frs-bus:Director2 2024-03-01 2025-02-28 13904688 frs-countries:EnglandWales 2024-03-01 2025-02-28 13904688 2023-02-28 13904688 2024-02-29 13904688 2023-03-01 2024-02-29 13904688 frs-core:CurrentFinancialInstruments 2024-02-29 13904688 frs-core:Non-currentFinancialInstruments 2024-02-29 13904688 frs-core:BetweenOneFiveYears 2024-02-29 13904688 frs-core:WithinOneYear 2024-02-29 13904688 frs-core:ShareCapital 2024-02-29 13904688 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 13904688
Cloud Based Solutions Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Lesstax2pay
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 13904688
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,087 46,002
35,087 46,002
CURRENT ASSETS
Debtors 5 165,791 84,022
Cash at bank and in hand - 17,406
165,791 101,428
Creditors: Amounts Falling Due Within One Year 6 (146,657 ) (55,502 )
NET CURRENT ASSETS (LIABILITIES) 19,134 45,926
TOTAL ASSETS LESS CURRENT LIABILITIES 54,221 91,928
Creditors: Amounts Falling Due After More Than One Year 7 (56,152 ) (62,351 )
NET (LIABILITIES)/ASSETS (1,931 ) 29,577
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (1,933 ) 29,575
SHAREHOLDERS' FUNDS (1,931) 29,577
For the year ending 28 February 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Thomas Jacques
Director
Mr Robbie Underwood
Director
13/06/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Cloud Based Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13904688 . The registered office is 169 High Street, Barnet, Hertfordshire, EN5 5SU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% Straight Line
Computer Equipment 33.33% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 March 2024 56,896 727 57,623
Additions - 1,060 1,060
As at 28 February 2025 56,896 1,787 58,683
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 March 2024 11,379 242 11,621
Provided during the period 11,379 596 11,975
As at 28 February 2025 22,758 838 23,596
Net Book Value
As at 28 February 2025 34,138 949 35,087
As at 1 March 2024 45,517 485 46,002
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 12,259 42,559
Other debtors 153,532 41,463
165,791 84,022
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,199 4,644
Trade creditors 88,721 48,024
Bank loans and overdrafts 7,902 -
Other creditors 1,200 2,834
Taxation and social security 42,635 -
146,657 55,502
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 56,152 62,351
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,199 4,644
Later than one year and not later than five years 56,152 62,351
62,351 66,995
62,351 66,995
9. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 2 2
Amount of Allotted, Called Up Share Capital 2 2
Page 3
Page 4
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
Page 4