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Company Registration No. 13046988 (England and Wales)
CLOUD RETAIL LTD Unaudited accounts for the year ended 31 December 2025
CLOUD RETAIL LTD Company Information for the year ended 31 December 2025
Directors
Artur Shamalov Alexander Nevinskiy
Company Number
13046988 (England and Wales)
Registered Office
128 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
Accountants
Best Solutions Consulting Ltd BMLG.02,10 Barley Mow Passage London W4 4PH
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CLOUD RETAIL LTD Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
1,447,950
1,894,003
Tangible assets
5
1,787
2,183
1,449,737
1,896,186
Current assets
Debtors
267,532
36,758
Cash at bank and in hand
34,413
121,432
301,945
158,190
Creditors: amounts falling due within one year
73,921
(50,496)
Net current assets
375,866
107,694
Net assets
1,825,603
2,003,880
Capital and reserves
Share premium
28,864,664
27,174,733
Capital redemption reserve
152,873
152,873
Capital contribution reserve
720
254
Profit and loss account
(27,192,654)
(25,323,980)
Shareholders' funds
1,825,603
2,003,880
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 21 July 2026 and were signed on its behalf by
Artur Shamalov Director Company Registration No. 13046988
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CLOUD RETAIL LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
CLOUD RETAIL LTD is a private company, limited by shares, registered in England and Wales, registration number 13046988. The registered office is 128 CITY ROAD, LONDON, EC1V 2NX, UNITED KINGDOM.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
3
Other tangible fixed assets
5
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Intangibles are amortised with a useful life of 3-8 years.
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CLOUD RETAIL LTD Notes to the Accounts for the year ended 31 December 2025
4
Intangible fixed assets
Total
£
Cost
At 1 January 2025
2,311,399
At 31 December 2025
2,311,399
Amortisation
At 1 January 2025
417,396
Charge for the year
446,053
At 31 December 2025
863,449
Net book value
At 31 December 2025
1,447,950
At 31 December 2024
1,894,003
5
Tangible fixed assets
Total
£
Cost or valuation
At 1 January 2025
3,992
Additions
884
Disposals
(2,369)
At 31 December 2025
2,507
Depreciation
At 1 January 2025
1,809
Charge for the year
720
On disposals
(1,809)
At 31 December 2025
720
Net book value
At 31 December 2025
1,787
At 31 December 2024
2,183
6
Average number of employees
During the year the average number of employees was 5 (2024: 7).
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