REGISTERED NUMBER: 08636719 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Circle Cloud Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Povey

T Roberton

A Ballantyne

REGISTERED OFFICE:

Fusion Hive

North Shore Road

Stockton on Tees

TS18 2NB

REGISTERED NUMBER:

08636719 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Tangible assets

4

20,918

29,357

CURRENT ASSETS

Debtors

5

468,485

475,286

Cash at bank

576,421

152,207

1,044,906

627,493

CREDITORS

Amounts falling due within one year

6

947,572

541,663

NET CURRENT ASSETS

97,334

85,830

TOTAL ASSETS LESS CURRENT LIABILITIES

118,252

115,187

CREDITORS

Amounts falling due after more than one year

7

(8,768

)

(30,176

)

PROVISIONS FOR LIABILITIES

(5,000

)

(7,000

)

NET ASSETS

104,484

78,011

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

104,482

78,009

SHAREHOLDERS' FUNDS

104,484

78,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 January 2026 and were signed on its behalf by:

M Povey - Director

1.	STATUTORY INFORMATION

Circle Cloud Ltd 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.	ACCOUNTING POLICIES

Basis of preparing the 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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 September 2024

567

48,944

3,286

52,797

Additions

1,179

-

1,823

3,002

At 31 August 2025

1,746

48,944

5,109

55,799

DEPRECIATION

At 1 September 2024

71

21,681

1,688

23,440

Charge for year

309

9,786

1,346

11,441

At 31 August 2025

380

31,467

3,034

34,881

NET BOOK VALUE

At 31 August 2025

1,366

17,477

2,075

20,918

At 31 August 2024

496

27,263

1,598

29,357

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 September 2024

and 31 August 2025

48,944

DEPRECIATION

At 1 September 2024

21,681

Charge for year

9,786

At 31 August 2025

31,467

NET BOOK VALUE

At 31 August 2025

17,477

At 31 August 2024

27,263

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

398,318

189,635

Other debtors

70,167

285,651

468,485

475,286

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

9,474

Hire purchase contracts

9,565

9,565

Trade creditors

476,492

271,603

Taxation and social security

117,775

104,513

Other creditors

343,740

146,508

947,572

541,663

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

11,843

Hire purchase contracts

8,768

18,333

8,768

30,176

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

18,333

27,898

Hire purchase liabilities are secured on the assets to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

10.	OTHER FINANCIAL COMMITMENTS

Total financial commitments not included in the Balance Sheet amount to £56,218 (2024 - £25,809).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

M Povey

Balance outstanding at start of year

111,513

-

Amounts advanced

41,621

156,513

Amounts repaid

(111,513

)

(45,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

41,621

111,513

T Roberton

Balance outstanding at start of year

141,025

30,951

Amounts advanced

10,160

150,074

Amounts repaid

(141,025

)

(40,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,160

141,025

The above loans were provided free of interest with no fixed repayment terms.