YOUR CLOUD WORKS LTD


Director	Tony Capewell


Registered Address	The Danes 2 Reindeer Court
	Potterspury
	Towcester
	NN12 7FB


Registered Number	07452136 (England and Wales)

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover represents the fair value of consideration received or receivable for goods sold and services provided in the normal course of business, excluding value added tax and trade discounts.

	Revenue from sale of goods
	Revenue from the sale of goods (such as hardware and software products) is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods (such as hardware and software products) is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue from IT support, managed services, consultancy, and project work is recognised when the performance obligations under the contract have been satisfied, which is typically when services are delivered to the customer and the right to consideration is unconditional. Any amounts invoiced in advance of service delivery or goods dispatch are recorded as deferred income within creditors.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Current taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Fixtures and fittings	25	-
Vehicles	25	-
Office Equipment	-	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		2

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	29,558	24,000	6,229	32,604	92,391
Additions	12,871	-	960	2,373	16,204
Disposals	-	-	(5,563)	(29,247)	(34,810)
At 31 March 25	42,429	24,000	1,626	5,730	73,785
Depreciation and impairment
At 01 April 24	3,114	13,594	5,390	29,711	51,809
Charge for year	9,610	2,602	389	1,928	14,529
On disposals	-	-	(5,118)	(28,957)	(34,075)
At 31 March 25	12,724	16,196	661	2,682	32,263
Net book value
At 31 March 25	29,705	7,804	965	3,048	41,522
At 31 March 24	26,444	10,406	839	2,893	40,582

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	43,969	50,029
Other debtors	12,329	21,649
Prepayments and accrued income	617	4,557
Total	56,915	76,235

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	16,158	28,207
Bank borrowings and overdrafts	5,001	4,754
Taxation and social security	32,892	20,216
Other creditors	8,648	4,469
Total	62,699	57,646

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,695	6,819
Total	1,695	6,819

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	7,163	9,937
Total	7,163	9,937

8.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Tony Capewell	20,304	0	20,304	0
	20,304	0	20,304	0

9.	Share capital
	During the year, the company purchased 110 of its own ordinary shares at £1 per share. The shares were cancelled immediately upon purchase in accordance with the provisions of the Companies Act 2006. The consideration for the purchase was funded from distributable reserves. Following the cancellation, the issued share capital decreased from 200 shares to 90 shares.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		41,522		40,582
			41,522		40,582
Current assets
Debtors	4	56,915		76,235
Cash at bank and on hand		33,375		45,154
		90,290		121,389
Creditors amounts falling due within one year	5	(62,699)		(57,646)
Net current assets (liabilities)			27,591		63,743
Total assets less current liabilities			69,113		104,325
Creditors amounts falling due after one year	6		(1,695)		(6,819)
Provisions for liabilities	7		(7,163)		(9,937)
Net assets			60,255		87,569
Capital and reserves
Called up share capital			110		200
Other reserves			90		-
Profit and loss account			60,055		87,369
Shareholders' funds			60,255		87,569