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
CLOUD RETAIL LTD
Statement of financial position
as at 31 December 2025
Intangible assets
1,447,950
1,894,003
Tangible assets
1,787
2,183
Cash at bank and in hand
34,413
121,432
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
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
CLOUD RETAIL LTD
Notes to the Accounts
for the year ended 31 December 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Other tangible fixed assets
5
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.
CLOUD RETAIL LTD
Notes to the Accounts
for the year ended 31 December 2025
4
Intangible fixed assets
Total
At 1 January 2025
2,311,399
At 31 December 2025
2,311,399
Charge for the year
446,053
At 31 December 2025
863,449
At 31 December 2025
1,447,950
At 31 December 2024
1,894,003
5
Tangible fixed assets
Total
6
Average number of employees
During the year the average number of employees was 5 (2024: 7).