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REGISTERED NUMBER: 07796923 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Cloud Perspective Limited

Cloud Perspective Limited (Registered number: 07796923)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cloud Perspective Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: M J Leman
Ms M C Pocock





REGISTERED OFFICE: Oakley House
Tetbury Road
Cirencester
Gloucestershire
GL7 1US





REGISTERED NUMBER: 07796923 (England and Wales)

Cloud Perspective Limited (Registered number: 07796923)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 63,278 17,664

CURRENT ASSETS
Debtors 5 428,306 176,621
Investments 6 7,250 7,250
Cash at bank and in hand 2,025,990 2,120,695
2,461,546 2,304,566
CREDITORS
Amounts falling due within one year 7 115,810 327,118
NET CURRENT ASSETS 2,345,736 1,977,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,409,014

1,995,112

PROVISIONS FOR LIABILITIES 545 4,416
NET ASSETS 2,408,469 1,990,696

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,408,467 1,990,694
2,408,469 1,990,696

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

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

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 23 July 2025 and were signed on its behalf by:




M J Leman - Director



Ms M C Pocock - Director


Cloud Perspective Limited (Registered number: 07796923)

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

1. STATUTORY INFORMATION

Cloud Perspective 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Fixtures and fittings - 25% on straight line basis
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on straight line basis

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 15 (2023 - 16 ) .

Cloud Perspective Limited (Registered number: 07796923)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 849 - 183,787 184,636
Additions - 65,000 12,152 77,152
At 31 October 2024 849 65,000 195,939 261,788
DEPRECIATION
At 1 November 2023 212 - 166,760 166,972
Charge for year 212 16,250 15,076 31,538
At 31 October 2024 424 16,250 181,836 198,510
NET BOOK VALUE
At 31 October 2024 425 48,750 14,103 63,278
At 31 October 2023 637 - 17,027 17,664

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 349,723 97,947
Other debtors 77,405 77,405
Prepayments and accrued income 1,178 1,269
428,306 176,621

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Other 7,250 7,250

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,995 2,447
Tax 52,162 278,186
Social security and other taxes 14,550 11,744
VAT 13,727 1,444
Other creditors 14,882 13,480
Pension fund 2,358 1,936
Directors' current accounts 856 3,711
Accruals and deferred income 13,280 14,170
115,810 327,118

Cloud Perspective Limited (Registered number: 07796923)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
M J Leman
Balance outstanding at start of year (1,855 ) (471 )
Amounts advanced 7,807 16,973
Amounts repaid (6,380 ) (18,357 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (428 ) (1,855 )

Ms M C Pocock
Balance outstanding at start of year (1,855 ) (471 )
Amounts advanced 3,583 17,661
Amounts repaid (2,156 ) (19,045 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (428 ) (1,855 )