Company registration number 10568194 (England and Wales)
AEROCLOUD SYSTEMS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2025
31 December 2025
PAGES FOR FILING WITH REGISTRAR
AEROCLOUD SYSTEMS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 10
AEROCLOUD SYSTEMS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
4
122,803
107,806
Investments
5
1,939,488
1,939,488
2,062,291
2,047,294
Current assets
Stocks
77,747
115,091
Debtors
6
1,007,826
638,842
Cash at bank and in hand
1,238,220
2,383,427
2,323,793
3,137,360
Creditors: amounts falling due within one year
7
(835,376)
(1,232,997)
Net current assets
1,488,417
1,904,363
Total assets less current liabilities
3,550,708
3,951,657
Provisions for liabilities
(30,701)
(26,951)
Net assets
3,520,007
3,924,706
Capital and reserves
Called up share capital
8
487
454
Share premium account
16,028,839
12,839,102
Other reserves
1,630,000
1,630,000
Profit and loss reserves
(14,139,319)
(10,544,850)
Total equity
3,520,007
3,924,706
AEROCLOUD SYSTEMS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 March 2026 and are signed on its behalf by:
Mr G W Richardson
Director
Company registration number 10568194 (England and Wales)
AEROCLOUD SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Aerocloud Systems Limited is a private company limited by shares incorporated in England and Wales. The registered office is Third Floor, Highbank House, 2275 Exchange Street, Stockport, SK3 0ET.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

The financial statements have been prepared on a going concern basis, which the directors consider appropriate given the company’s strong financial position and stability.true

The directors have conducted a thorough review of the company’s financial position, cash flow forecasts, and funding arrangements. This review confirms that the company has sufficient resources to meet its obligations as they fall due, with robust financial controls and a solid operational foundation.

Based on this assessment, the directors have full confidence that the company will continue to operate successfully for the foreseeable future.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The company recognises revenue from the following major sources:

- Software as a Service (SaaS) subscriptions

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

AEROCLOUD SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Software as a Service (SaaS) subscriptions

Revenue is recognised when control of goods or services transfers to the customer and in an amount that reflects the consideration the Company expects to receive.

Contracts with customers may include multiple performance obligations, including SaaS subscriptions, hardware supply and implementation services. The transaction price is allocated to each performance obligation based on relative standalone selling prices.

Revenue from SaaS subscriptions, which provide customers with access to the Company’s hosted software platform, is recognised over time across the subscription period. Hardware revenue is recognised at a point in time when control of the hardware transfers to the customer, typically on delivery. Implementation services, including configuration, installation and training, are recognised as the services are performed.

Variable consideration is included only to the extent that it is highly probable that a significant reversal of revenue will not occur.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% straight line
Fixtures and fittings
33% straight line
Computers
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

AEROCLOUD SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

AEROCLOUD SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 6 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

AEROCLOUD SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 7 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.14
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
59
46
AEROCLOUD SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2025
170,586
Additions
91,261
At 31 December 2025
261,847
Depreciation and impairment
At 1 January 2025
62,780
Depreciation charged in the year
76,264
At 31 December 2025
139,044
Carrying amount
At 31 December 2025
122,803
At 31 December 2024
107,806
5
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
1,939,488
1,939,488
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
73,652
263,373
Corporation tax recoverable
225,777
202,000
Other debtors
708,397
173,469
1,007,826
638,842
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
279,694
94,487
Amounts owed to group undertakings
-
0
562,210
Taxation and social security
123,355
97,693
Other creditors
432,327
478,607
835,376
1,232,997
AEROCLOUD SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 9 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary 'A' shares of 0.1p each
238,233
245,051
238
245
Ordinary 'A1' shares of 0.01p each
13,363
13,363
1
1
Ordinary 'A' shares (non voting) of 0.1p each
23,252
23,252
23
23
Ordinary deferred shares of 0.1p each
75,690
75,690
76
76
350,538
357,356
338
345
2025
2024
2025
2024
Preference share capital
Number
Number
£
£
Issued and fully paid
A1 Preference shares of 0.1p each
108,892
108,892
109
109
A2 Preference shares of 0.1p each
39,681
0
40
-
0
148,573
108,892
149
109
Preference shares classified as equity
149
109
Total equity share capital
487
454

During the year the company issued 1,146 ordinary 'A' shares with a par value of £0.001 per share. These shares have full rights in the company with respect to voting, dividends and distribution as per the prescriber particulars.

The company also issued 31,717 'A2' Preferred shares with a par value of £0.001 per share. Preference shares have full rights in the company with respect to voting as per the prescriber particulars.

The company also transferred 7,964 ordinary 'A' shares with a par value of £0.001 per share to A2 Preferred shares.

Ordinary 'A' shares have full rights in the company with respect to voting, dividends and distribution as per the prescriber particulars.

Ordinary 'A1' shares have full rights in the company with respect to voting, dividends and distribution as per the prescriber particulars.

Ordinary 'A' shares (non voting) have no rights in the company with respect to voting, dividends and distribution as per the prescriber particulars.

Ordinary deferred shares have no rights in the company with respect to voting, dividends and distribution as per the prescriber particulars.

Preference shares have full rights in the company with respect to voting as per the prescriber particulars.

AEROCLOUD SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 10 -
9
Related party transactions
2025
2024
Amounts due to related parties
£
£
Entities over which the entity has control, joint control or significant influence
-
562,210

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due from related parties
£
£
Entities over which the entity has control, joint control or significant influence
443,536
-
10
Controlling party

By virtue of issued share capital, there is no controlling party.

2025-12-31 2025-01-01 false false false 23 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Ms E J Christo Mr G W Richardson Mr C D G Smith Mr T Kimmel Oakwood Corporate Secretary Limited 10568194 2025-01-01 2025-12-31 10568194 2025-12-31 10568194 2024-12-31 10568194 core:OtherPropertyPlantEquipment 2025-12-31 10568194 core:OtherPropertyPlantEquipment 2024-12-31 10568194 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 10568194 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 10568194 core:CurrentFinancialInstruments 2025-12-31 10568194 core:CurrentFinancialInstruments 2024-12-31 10568194 core:ShareCapital 2025-12-31 10568194 core:ShareCapital 2024-12-31 10568194 core:SharePremium 2025-12-31 10568194 core:SharePremium 2024-12-31 10568194 core:OtherMiscellaneousReserve 2025-12-31 10568194 core:OtherMiscellaneousReserve 2024-12-31 10568194 core:RetainedEarningsAccumulatedLosses 2025-12-31 10568194 core:RetainedEarningsAccumulatedLosses 2024-12-31 10568194 core:ShareCapitalOrdinaryShareClass1 2025-12-31 10568194 core:ShareCapitalOrdinaryShareClass1 2024-12-31 10568194 core:ShareCapitalOrdinaryShareClass2 2025-12-31 10568194 core:ShareCapitalOrdinaryShareClass2 2024-12-31 10568194 core:ShareCapitalOrdinaryShareClass3 2025-12-31 10568194 core:ShareCapitalOrdinaryShareClass3 2024-12-31 10568194 core:ShareCapitalOrdinaryShareClass4 2025-12-31 10568194 core:ShareCapitalOrdinaryShareClass4 2024-12-31 10568194 core:ShareCapitalOrdinaryShares 2025-12-31 10568194 core:ShareCapitalOrdinaryShares 2024-12-31 10568194 core:ShareCapitalPreferenceShareClass1 2025-12-31 10568194 core:ShareCapitalPreferenceShareClass1 2024-12-31 10568194 core:ShareCapitalPreferenceShareClass2 2025-12-31 10568194 core:ShareCapitalPreferenceShareClass2 2024-12-31 10568194 core:ShareCapitalPreferenceShares 2025-12-31 10568194 core:ShareCapitalPreferenceShares 2024-12-31 10568194 core:ShareCapitalPreferenceShareClass5 2025-12-31 10568194 core:ShareCapitalPreferenceShareClass5 2024-12-31 10568194 bus:Director2 2025-01-01 2025-12-31 10568194 core:PlantMachinery 2025-01-01 2025-12-31 10568194 core:FurnitureFittings 2025-01-01 2025-12-31 10568194 core:ComputerEquipment 2025-01-01 2025-12-31 10568194 2024-01-01 2024-12-31 10568194 core:OtherPropertyPlantEquipment 2024-12-31 10568194 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 10568194 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 10568194 bus:OrdinaryShareClass2 2025-01-01 2025-12-31 10568194 bus:OrdinaryShareClass3 2025-01-01 2025-12-31 10568194 bus:OrdinaryShareClass4 2025-01-01 2025-12-31 10568194 bus:PreferenceShareClass1 2025-01-01 2025-12-31 10568194 bus:PreferenceShareClass2 2025-01-01 2025-12-31 10568194 bus:AllPreferenceShares 2025-01-01 2025-12-31 10568194 bus:OrdinaryShareClass1 2025-12-31 10568194 bus:OrdinaryShareClass1 2024-12-31 10568194 bus:OrdinaryShareClass2 2025-12-31 10568194 bus:OrdinaryShareClass2 2024-12-31 10568194 bus:OrdinaryShareClass3 2025-12-31 10568194 bus:OrdinaryShareClass3 2024-12-31 10568194 bus:OrdinaryShareClass4 2025-12-31 10568194 bus:OrdinaryShareClass4 2024-12-31 10568194 bus:AllOrdinaryShares 2025-12-31 10568194 bus:AllOrdinaryShares 2024-12-31 10568194 bus:PreferenceShareClass1 2025-12-31 10568194 bus:PreferenceShareClass1 2024-12-31 10568194 bus:PreferenceShareClass2 2025-12-31 10568194 bus:PreferenceShareClass2 2024-12-31 10568194 bus:AllPreferenceShares 2025-12-31 10568194 bus:AllPreferenceShares 2024-12-31 10568194 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10568194 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10568194 bus:FRS102 2025-01-01 2025-12-31 10568194 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 10568194 bus:Director1 2025-01-01 2025-12-31 10568194 bus:Director3 2025-01-01 2025-12-31 10568194 bus:Director4 2025-01-01 2025-12-31 10568194 bus:CompanySecretary1 2025-01-01 2025-12-31 10568194 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP