Acorah Software Products - Accounts Production 19.2.450 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 14095908 Mr Reece Green iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14095908 2024-05-31 14095908 2025-05-31 14095908 2024-06-01 2025-05-31 14095908 frs-core:CurrentFinancialInstruments 2025-05-31 14095908 frs-core:ShareCapital 2025-05-31 14095908 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 14095908 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14095908 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 14095908 frs-bus:SmallEntities 2024-06-01 2025-05-31 14095908 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 14095908 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 14095908 frs-bus:Director1 2024-06-01 2025-05-31 14095908 frs-core:CurrentFinancialInstruments 2 2025-05-31 14095908 frs-countries:EnglandWales 2024-06-01 2025-05-31 14095908 2023-05-31 14095908 2024-05-31 14095908 2023-06-01 2024-05-31 14095908 frs-core:CurrentFinancialInstruments 2024-05-31 14095908 frs-core:ShareCapital 2024-05-31 14095908 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14095908 frs-core:CurrentFinancialInstruments 2 2024-05-31
Registered number: 14095908
Think Cloud Ltd
Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14095908
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 48,833 1,556
Cash at bank and in hand 21,212 33,897
70,045 35,453
Creditors: Amounts Falling Due Within One Year 5 (98,283 ) (87,438 )
NET CURRENT ASSETS (LIABILITIES) (28,238 ) (51,985 )
TOTAL ASSETS LESS CURRENT LIABILITIES (28,238 ) (51,985 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (37,293 ) (37,293 )
NET LIABILITIES (65,531 ) (89,278 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (65,631 ) (89,378 )
SHAREHOLDERS' FUNDS (65,531) (89,278)
For the year ending 31 May 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.
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 Reece Green
Director
16 February 2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Think Cloud Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14095908 . The registered office is Unit 40-41, old Bexley Business Park, Bourne Road, Kent, DA5 1LR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
4. Debtors
2025 2024
£ £
Due within one year
Other debtors 6,300 -
Directors' loan accounts 42,533 1,556
48,833 1,556
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 859
Other loans - 10,500
Corporation tax 1,103 985
VAT 15,309 10,724
Other creditors (2) 78,270 60,770
Accruals and deferred income 3,600 3,600
98,283 87,438
Page 2
Page 3
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
During the year under review the following amounts were paid to companies
under common control of the directors:
Page 3