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Company Registration No. 10435662 (England and Wales)
Automation Cloud Ltd Unaudited accounts for the year ended 31 October 2024
Automation Cloud Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
14,189 
Current assets
Cash at bank and in hand
25,000 
278,894 
Creditors: amounts falling due within one year
(29,288)
(292,880)
Net current liabilities
(4,288)
(13,986)
Total assets less current liabilities
(4,288)
203 
Provisions for liabilities
Deferred tax
- 
(193)
Net (liabilities)/assets
(4,288)
10 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(4,298)
- 
Shareholders' funds
(4,288)
10 
For the year ending 31 October 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 4 March 2025 and were signed on its behalf by
Mr Mitesh Anant Rathod Director Company Registration No. 10435662
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Automation Cloud Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Automation Cloud Ltd is a private company, limited by shares, registered in England and Wales, registration number 10435662. The registered office is J O Hunter House, 409 Bradford Road, Huddersfield, West Yorkshire, HD2 2RB, England. The company is in the process of being wound up.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared prepared on a 'liquidation' (or 'break-up') basis.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Fixtures & fittings
25%
Computer equipment
25%
Going concern
The company is being wound up by members voluntarily.
- 3 -
Automation Cloud Ltd Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2023
28,852 
Additions
3,400 
Disposals
(32,252)
At 31 October 2024
- 
Depreciation
At 1 November 2023
14,663 
Charge for the year
4,336 
On disposals
(18,999)
At 31 October 2024
- 
Net book value
At 31 October 2024
- 
At 31 October 2023
14,189 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 4 -