REGISTERED NUMBER: 10647511 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CLOUDESSENTIALS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G Amoils

C F Hathaway

REGISTERED OFFICE:

88 North Street

Hornchurch

RM11 1SR

REGISTERED NUMBER:

10647511 (England and Wales)

ACCOUNTANTS:

Lipson & Co

88 North Street

Hornchurch

Essex

RM11 1SR

FIXED ASSETS

Tangible assets

4

2,680

2,371

CURRENT ASSETS

Debtors

5

527,883

168,734

Cash at bank

210,107

227,422

737,990

396,156

CREDITORS

Amounts falling due within one year

6

486,583

353,003

NET CURRENT ASSETS

251,407

43,153

TOTAL ASSETS LESS CURRENT LIABILITIES

254,087

45,524

CREDITORS

Amounts falling due after more than one year

7

17,500

27,500

NET ASSETS

236,587

18,024

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

236,487

17,924

236,587

18,024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 12 September 2025 and were signed on its behalf by:

G Amoils - Director

1.	STATUTORY INFORMATION

Cloudessentials Ltd 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.

Computer equipment

-

25% on reducing balance

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

4,559

Additions

1,201

At 31 March 2025

5,760

DEPRECIATION

At 1 April 2024

2,188

Charge for year

892

At 31 March 2025

3,080

NET BOOK VALUE

At 31 March 2025

2,680

At 31 March 2024

2,371

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

513,795

111,595

Other debtors

14,088

57,139

527,883

168,734

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

209,363

200,981

Amounts owed to group undertakings

87,200

70,822

Taxation and social security

115,201

47,157

Other creditors

74,819

34,043

486,583

353,003

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

17,500

27,500

8.	ULTIMATE CONTROLLING PARTY

The company's immediate parent undertaking is Soarsoft International Limited, a company incorporated in England and Wales. The company's ultimate parent undertaking is Soarsoft International Holdings Limited, a company incorporated in Mauritius. The directors' interests in Soarsoft International Holdings Limited are disclosed in that company's accounts.