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Registered number: 14169723
The Cloud Rec Company Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
CSM Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14169723
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,423 5,143
2,423 5,143
CURRENT ASSETS
Debtors 5 431 26,178
Cash at bank and in hand 48,715 19,904
49,146 46,082
Creditors: Amounts Falling Due Within One Year 6 (23,100 ) (26,158 )
NET CURRENT ASSETS (LIABILITIES) 26,046 19,924
TOTAL ASSETS LESS CURRENT LIABILITIES 28,469 25,067
PROVISIONS FOR LIABILITIES
Deferred Taxation (500 ) (1,100 )
NET ASSETS 27,969 23,967
CAPITAL AND RESERVES
Called up share capital 4 2
Profit and Loss Account 27,965 23,965
SHAREHOLDERS' FUNDS 27,969 23,967
Page 1
Page 2
For the year ending 30 November 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 Christopher Parsons
Director
31/08/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Cloud Rec Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14169723 . The registered office is 19 Green Close, Chelmsford, CM1 7SL.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 3 Years Straight Line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 3)
2 3
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 December 2024 8,464
Additions 153
As at 30 November 2025 8,617
Depreciation
As at 1 December 2024 3,321
Provided during the period 2,873
As at 30 November 2025 6,194
Net Book Value
As at 30 November 2025 2,423
As at 1 December 2024 5,143
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 25,662
Other debtors 431 516
431 26,178
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 15,290 16,003
Other creditors 583 556
Taxation and social security 7,227 9,599
23,100 26,158
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