Company No: 09176549 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	J Davies
	J Glasspool

Secretary

J Davies

Registered office	J6 Franklin House Chaucer Business Park
	Dittons Road
	Polegate
	East Sussex
	BN26 6QH
	United Kingdom

Company number

09176549 (England and Wales)

Accountant	Kreston Reeves LLP
	1st Floor
	8a Ship Street
	Brighton
	BN1 1AZ

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Computer2Cloud Ltd for the financial year ended 31 August 2026 which comprise the Balance Sheet and the related notes 1 to 9 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Board of Directors of Computer2Cloud Ltd, as a body, in accordance with the terms of our engagement letter dated 13 February 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Computer2Cloud Ltd and state those matters that we have agreed to state to the Board of Directors of Computer2Cloud Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Computer2Cloud Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Computer2Cloud Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Computer2Cloud Ltd. You consider that Computer2Cloud Ltd is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Computer2Cloud Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP
Accountant

1st Floor
8a Ship Street
Brighton
BN1 1AZ

28 October 2026

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	12,127		14,207
		12,127		14,207
Current assets
Debtors	4	159,661		169,146
Cash at bank and in hand		194,012		34,357
		353,673		203,503
Creditors: amounts falling due within one year	5	( 215,173)		( 146,455)
Net current assets		138,500		57,048
Total assets less current liabilities		150,627		71,255
Creditors: amounts falling due after more than one year	6	( 36,716)		( 20,552)
Provision for liabilities	7	( 2,957)		( 3,552)
Net assets		110,954		47,151
Capital and reserves
Called-up share capital		100		100
Profit and loss account		110,854		47,051
Total shareholders' funds		110,954		47,151

For the financial year ending 31 August 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Computer2Cloud Ltd (registered number: 09176549) were approved and authorised for issue by the Board of Directors on 28 October 2026. They were signed on its behalf by:

J Davies Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Computer2Cloud Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is J6 Franklin House Chaucer Business Park, Dittons Road, Polegate, East Sussex, BN26 6QH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

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.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings	20 % reducing balance
Office equipment	20 % reducing balance
Computer equipment	20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	11		13

3. Tangible assets

	Fixtures and fittings		Office equipment		Computer equipment		Total
	£		£		£		£
Cost
At 01 September 2025	6,557		13,524		7,806		27,887
Additions	612		208		0		820
At 31 August 2026	7,169		13,732		7,806		28,707
Accumulated depreciation
At 01 September 2025	3,462		6,395		3,823		13,680
Charge for the financial year	670		1,433		797		2,900
At 31 August 2026	4,132		7,828		4,620		16,580
Net book value
At 31 August 2026	3,037		5,904		3,186		12,127
At 31 August 2025	3,095		7,129		3,983		14,207

4. Debtors

	2026		2025
	£		£
Trade debtors	134,515		152,105
Amounts owed by directors	4,633		0
Prepayments	7,022		7,401
Other debtors	13,491		9,640
	159,661		169,146

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	25,206		5,767
Trade creditors	67,551		49,486
Amounts owed to directors	10,272		14,405
Accruals	1,568		1,155
Corporation tax	61,381		29,601
Other taxation and social security	47,386		44,934
Other creditors	1,809		1,107
	215,173		146,455

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	36,716		20,552

There are no amounts included above in respect of which any security has been given by the small entity.

7. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	( 3,552)		( 4,215)
Credited to the Statement of Income and Retained Earnings	595		663
At the end of financial year	( 2,957)		( 3,552)

The deferred taxation balance is made up as follows:

	2026		2025
	£		£
Accelerated capital allowances	( 2,957)		( 3,552)

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2026		2025
	£		£
Within one year	32,623		22,000
Between one and five years	15,255		27,500
	47,878		49,500

Pensions

The Company contributes into a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £4,169 (2025 - £18,359). Contributions totalling £775 (2025 - £0) were payable to the fund at the balance sheet date and are included in creditors.

9. Related party transactions

**J Davies**
(Director)
At 31 March 2026, an amount of £4,633 was due from the director (2025: £4,663 owed to). The balance was unsecured, interest-free and repayable on demand.

**J Glasspool**
(Director)
At 31 March 2026, an amount of £10,272 was owed to the director (2025: £9,742). The balance was unsecured, interest-free and repayable on demand.