Company Registration No. 07562559 (England and Wales)
MY WEALTH CLOUD LTD
Unaudited accounts
for the year ended 31 March 2025
MY WEALTH CLOUD LTD
Unaudited accounts
Contents
MY WEALTH CLOUD LTD
Company Information
for the year ended 31 March 2025
Directors
David Alexander
Dmitry Bagrov
Richard Balaes
Sanil Sanhotra
Company Number
07562559 (England and Wales)
Registered Office
55 STATION ROAD
BEACONSFIELD
BUCKINGHAMSHIRE
HP9 1QL
UNITED KINGDOM
Accountants
Arth Limited
655 Milton Keynes Business Centre
Hayley Court
Linford Wood
Milton Keynes
Buckinghamshire
MK14 6GD
MY WEALTH CLOUD LTD
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
10,920
10,609
Creditors: amounts falling due within one year
(519,866)
(1,091,444)
Net current liabilities
(484,090)
(1,057,004)
Total assets less current liabilities
(483,495)
(1,055,910)
Creditors: amounts falling due after more than one year
(927,554)
(933,271)
Net liabilities
(1,411,049)
(1,989,181)
Called up share capital
3,156
2,795
Share premium
5,062,500
4,579,630
Profit and loss account
(6,476,705)
(6,571,606)
Shareholders' funds
(1,411,049)
(1,989,181)
For the year ending 31 March 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 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 of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by
David Alexander
Director
Company Registration No. 07562559
MY WEALTH CLOUD LTD
Notes to the Accounts
for the year ended 31 March 2025
MY WEALTH CLOUD LTD is a private company, limited by shares, registered in England and Wales, registration number 07562559. The registered office is 55 STATION ROAD, BEACONSFIELD, BUCKINGHAMSHIRE, HP9 1QL, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% Straight Line Method
These accounts have been prepared on a going concern basis.
4
Tangible fixed assets
Fixtures & fittings
MY WEALTH CLOUD LTD
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
21,473
15,920
Accrued income and prepayments
3,383
3,523
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
7,500
10,000
Trade creditors
233,663
236,106
Taxes and social security
1,895
(22,056)
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
901,056
907,179
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).