1 April 2024 false No description of principal activity Taxfiler 2024.6 08111180business:PrivateLimitedCompanyLtd2024-04-012025-03-31 081111802024-03-31 081111802024-04-012025-03-31 08111180business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 08111180business:FilletedAccounts2024-04-012025-03-31 081111802025-03-31 08111180business:Director12024-04-012025-03-31 08111180business:Director22024-04-012025-03-31 08111180business:RegisteredOffice2024-04-012025-03-31 081111802024-03-31 08111180core:WithinOneYear2025-03-31 08111180core:WithinOneYear2024-03-31 08111180core:AfterOneYear2025-03-31 08111180core:AfterOneYear2024-03-31 08111180core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 08111180core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08111180core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 08111180core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08111180core:PreviouslyStatedAmount2025-03-31 08111180core:PreviouslyStatedAmount2024-03-31 08111180business:SmallEntities2024-04-012025-03-31 08111180countries:EnglandWales2024-04-012025-03-31 08111180core:FurnitureFittings2024-04-012025-03-31 08111180core:Goodwill2024-03-31 08111180core:Goodwill2025-03-31 08111180core:FurnitureFittings2024-03-31 08111180core:FurnitureFittings2025-03-31 08111180core:AdditionsToInvestments2025-03-31 081111802023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08111180 (England and Wales)
Floating Cloud Limited Unaudited accounts for the year ended 31 March 2025
Floating Cloud Limited Unaudited accounts Contents
Page
- 2 -
Floating Cloud Limited Company Information for the year ended 31 March 2025
Directors
Sharon Mordecai Joseph Paul Smith
Company Number
08111180 (England and Wales)
Registered Office
62 WILBURY WAY HITCHIN HERTFORDSHIRE SG4 0TP ENGLAND
- 3 -
Floating Cloud Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,694 
5,999 
Investments
183,000 
- 
192,694 
5,999 
Current assets
Debtors
364,115 
437,240 
Cash at bank and in hand
48,674 
18,015 
412,789 
455,255 
Creditors: amounts falling due within one year
(258,609)
(222,034)
Net current assets
154,180 
233,221 
Total assets less current liabilities
346,874 
239,220 
Creditors: amounts falling due after more than one year
(154,278)
(47,400)
Net assets
192,596 
191,820 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
192,496 
191,720 
Shareholders' funds
192,596 
191,820 
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 16 December 2025 and were signed on its behalf by
Sharon Mordecai Director Company Registration No. 08111180
- 4 -
Floating Cloud Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Floating Cloud Limited is a private company, limited by shares, registered in England and Wales, registration number 08111180. The registered office is 62 WILBURY WAY, HITCHIN, HERTFORDSHIRE, SG4 0TP, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
300,000 
At 31 March 2025
300,000 
Amortisation
At 1 April 2024
300,000 
At 31 March 2025
300,000 
Net book value
At 31 March 2025
- 
- 5 -
Floating Cloud Limited Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
46,273 
Additions
5,829 
At 31 March 2025
52,102 
Depreciation
At 1 April 2024
40,274 
Charge for the year
2,134 
At 31 March 2025
42,408 
Net book value
At 31 March 2025
9,694 
At 31 March 2024
5,999 
6
Investments
Other investments 
£ 
Valuation at 1 April 2024
- 
Additions
183,000 
Valuation at 31 March 2025
183,000 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
117,848 
119,423 
Amounts due from group undertakings etc.
147,832 
227,591 
Accrued income and prepayments
4,797 
- 
Other debtors
93,638 
90,226 
364,115 
437,240 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
41,900 
33,900 
VAT
71,403 
34,689 
Trade creditors
12,403 
3,582 
Amounts owed to group undertakings and other participating interests
- 
9,043 
Taxes and social security
107,493 
115,410 
Loans from directors
25,410 
25,410 
258,609 
222,034 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
154,278 
47,400 
- 6 -
Floating Cloud Limited Notes to the Accounts for the year ended 31 March 2025
10
Average number of employees
During the year the average number of employees was 14 (2024: 14).
- 7 -