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Registered number: 05620600
Cloud Electrical Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director Mr M Cloud
Company Number 05620600
Registered Office 4 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL
Accountants BAYAR HUGHES & CO LIMITED
Chartered Certified Accountants & Registered Auditors
4 Green Lane Business Park
New Eltham
238 Green Lane
London
SE9 3TL
Page 1
Page 2
Balance Sheet
Registered number: 05620600
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,642 1,386
2,642 1,386
CURRENT ASSETS
Stocks 4,907 14,433
Debtors 6 149,331 36,892
Cash at bank and in hand 38,944 124,537
193,182 175,862
Creditors: Amounts Falling Due Within One Year 7 (143,213 ) (121,933 )
NET CURRENT ASSETS (LIABILITIES) 49,969 53,929
TOTAL ASSETS LESS CURRENT LIABILITIES 52,611 55,315
Creditors: Amounts Falling Due After More Than One Year 8 (30,033 ) (51,233 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (660 ) (263 )
NET ASSETS 21,918 3,819
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 21,818 3,719
SHAREHOLDERS' FUNDS 21,918 3,819
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Page 3
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
On behalf of the board
Mr M Cloud
Director
29/12/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Cloud Electrical Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Goodwill, being the amount paid in connection with the acquisition of a business in 1991, is being amortised evenly over its estimated useful life of twenty years
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 25% on reducing balance
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.6. Stocks and Work in Progress
Work in progress is valued at the lower of cost and net realisable value.
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
2.7. 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 that have originated but not reversed at the balance sheet date.
...CONTINUED
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2.7. Taxation - continued
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
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.
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 35,200
As at 31 March 2025 35,200
Amortisation
As at 1 April 2024 35,200
As at 31 March 2025 35,200
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 8,895
Additions 2,137
As at 31 March 2025 11,032
Depreciation
As at 1 April 2024 7,509
Provided during the period 881
As at 31 March 2025 8,390
...CONTINUED
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Page 6
Net Book Value
As at 31 March 2025 2,642
As at 1 April 2024 1,386
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 104,810 11,015
Other debtors 44,521 25,877
149,331 36,892
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 12,300 8,725
Bank loans and overdrafts 21,200 21,200
Other creditors 70,633 62,608
Taxation and social security 39,080 29,400
143,213 121,933
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 30,033 51,233
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
In the opinion of the directors, Mr & Mrs Cloud who own 100% of the company share capital, are the ultimate controllers.
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