Bluecube Cloud Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06726232

BLUECUBE CLOUD SERVICES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

BLUECUBE CLOUD SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION

30 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	46,457	7,556
Investments	6	7	7
		---------	--------
		46,464	7,563

Current assets

Debtors	7	301,912	238,661
Cash at bank and in hand		67,447	35,935
		-----------	-----------
		369,359	274,596

Creditors: amounts falling due within one year	8	239,196		212,548
		-----------		-----------
Net current assets			130,163	62,048
			-----------	---------
Total assets less current liabilities			176,627	69,611

Creditors: amounts falling due after more than one year	9		120,228	24,952

Provisions

Taxation including deferred tax	1,791	1,436
	-----------	---------
Net assets	54,608	43,223
	-----------	---------

BLUECUBE CLOUD SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 April 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	106	106
Profit and loss account	54,502	43,117
	---------	---------
Shareholders funds	54,608	43,223
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:

P J Reames	E J Reames
Director	Director

Company registration number: 06726232

BLUECUBE CLOUD SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 103 Newport, Lincoln, LN1 3EE, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents the value of all work done during the period, exclusive of Value Added Tax. Turnover is recognised at the point at which the company has fulfilled its contractual obligations and the risks and rewards attaching to the sale have been transferred to the customer.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% straight line
Motor vehicles	-	20% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments, including derivatives, are recognised at fair value, with any subsequent changes to fair value recognised in profit or loss.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 10 (2024: 8 ).

5. Tangible assets

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1 May 2024	12,597	23,144	35,741
Additions	584	46,990	47,574
	---------	---------	---------
At 30 April 2025	13,181	70,134	83,315
	---------	---------	---------
Depreciation
At 1 May 2024	8,240	19,945	28,185
Charge for the year	1,167	7,506	8,673
	---------	---------	---------
At 30 April 2025	9,407	27,451	36,858
	---------	---------	---------
Carrying amount
At 30 April 2025	3,774	42,683	46,457
	---------	---------	---------
At 30 April 2024	4,357	3,199	7,556
	---------	---------	---------

6. Investments

	Other investments other than loans
	£
Cost
At 1 May 2024 and 30 April 2025	7
	-----
Impairment
At 1 May 2024 and 30 April 2025	–
	-----

Carrying amount
At 30 April 2025	7
	-----
At 30 April 2024	7
	-----

7. Debtors

	2025	2024
	£	£
Trade debtors	29,507	12,000
Other debtors	272,405	226,661
	-----------	-----------
	301,912	238,661
	-----------	-----------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	47,524	10,000
Trade creditors	46,553	69,010
Corporation tax	36,660	59,029
Social security and other taxes	95,863	54,045
Other creditors	12,596	20,464
	-----------	-----------
	239,196	212,548
	-----------	-----------

Included within other creditors is a balance of £5,687 (2024: £3,139) relating to assets held under hire purchase.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	86,428	24,390
Other creditors	33,800	562
	-----------	---------
	120,228	24,952
	-----------	---------

Included within other creditors is a balance of £33,800 (2024: £562) relating to assets held under hire purchase.

10. Directors' advances, credits and guarantees

During the period PJ and EJ Reames operated a joint loan account with the company. The overdrawn balance at the year end was £253,671 (2024: £213,739). Interest is charged on the loan at 2.25%.

11. Related party transactions

No transaction with related parties subsisted during the period, such as are required to be disclosed under FRS102 (Section 1A).

12. Controlling party

The company was under the control of PJ and EJ Reames throughout the current and previous year.