Bright Cloud Group Ltd

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2—3

Registered number: 10287485

		31 December 2024		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		1,060,349		1,060,349

			1,060,349		1,060,349
TOTAL ASSETS LESS CURRENT LIABILITIES			1,060,349		1,060,349

Creditors: Amounts Falling Due After More Than One Year			(1,009,972 )		(1,009,972 )

NET ASSETS			50,377		50,377

CAPITAL AND RESERVES
Called up share capital	5		116		116
Share premium account			48,375		48,375
Profit and Loss Account			1,886		1,886

SHAREHOLDERS' FUNDS			50,377		50,377

For the period 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 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the board of directors of Bright Cloud Ltd (07569936) on 23 September 2025 and were signed on its behalf by:

Mr Paul Maher

Director

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Bright Cloud Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10287485 . The registered office is The Scalpel 18th Floor, 52 Lime Street, London, EC3M 7AF.

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. Financial Instruments

The company has elected to apply provisions of Section 11 'Basic Financial Instruments' and section 12 'Other Financial

Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash balance, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost; using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at market rate of interest. Financial assets are classified as receivable within one year are not amortised

2.3. Exemption

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

2.4. Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control in the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 3 (2024: 3)

4. Investments

	Total
	£
Cost
As at 1 April 2024	1,060,349

As at 31 December 2024	1,060,349

Provision
As at 1 April 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	1,060,349

As at 1 April 2024	1,060,349

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Page 3

Bright Cloud Group Ltd

Notes to the Abridged Financial Statements (continued)

For the Period 1 April 2024 to 31 December 2024

5. Share Capital

	31 December 2024	31 March 2024
	£	£
Allotted, Called up and fully paid	116	116

6. Ultimate Controlling Party

The ultimate controlling party of the company is Gamma Communications plc a company registered in England and Wales.

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