Cloudscale Limited - Limited company - abbreviated - 11.6

Cloudscale Limited - Limited company - abbreviated - 11.6

CLOUDSCALE LIMITED - Company Information

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REGISTERED NUMBER: 01820418 (England and Wales)











ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

FOR

CLOUDSCALE LIMITED

CLOUDSCALE LIMITED (REGISTERED NUMBER: 01820418)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

CLOUDSCALE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2014







DIRECTOR: Mrs J P Dickinson





SECRETARY: Mrs M Hinton





REGISTERED OFFICE: 139 Watling Street
Gillingham
Kent
ME7 2YY





REGISTERED NUMBER: 01820418 (England and Wales)





ACCOUNTANTS: Stephen Hill Partnership Limited
139-141 Watling Street
Gillingham
Kent
ME7 2YY
Page 1
CLOUDSCALE LIMITED (REGISTERED NUMBER: 01820418)

ABBREVIATED BALANCE SHEET
30 JUNE 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 21,000 22,400
Tangible assets 3 8,185 10,921
29,185 33,321

CURRENT ASSETS
Stocks 3,578 3,469
Debtors 2,180 2,180
Cash at bank and in hand 1,672 7,126
7,430 12,775
CREDITORS
Amounts falling due within one year 22,547 23,142
NET CURRENT LIABILITIES (15,117 ) (10,367 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
14,068
22,954

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 14,066 22,952
SHAREHOLDERS' FUNDS 14,068 22,954

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 9 February 2015 and were signed by:





Mrs J P Dickinson - Director


The notes form part of these abbreviated accounts

Page 2
CLOUDSCALE LIMITED (REGISTERED NUMBER: 01820418)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and are in accordance with
applicable accounting standards.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - over the life of the lease
Equipment - 15% on cost
Fixtures and fittings - 15% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2013
and 30 June 2014 35,000
AMORTISATION
At 1 July 2013 12,600
Amortisation for year 1,400
At 30 June 2014 14,000
NET BOOK VALUE

At 30 June 2014 21,000
At 30 June 2013 22,400

Page 3 continued...
CLOUDSCALE LIMITED (REGISTERED NUMBER: 01820418)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 JUNE 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2013 110,786
Additions 2,140
At 30 June 2014 112,926
DEPRECIATION
At 1 July 2013 99,865
Charge for year 4,876
At 30 June 2014 104,741
NET BOOK VALUE
At 30 June 2014 8,185
At 30 June 2013 10,921

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
2 Ordinary £1 2 2

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year Mrs Dickinson paid chair rent to the company in the sum of £5,200 (2013 £5,200).

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Dickinson and Mrs M Hinton.


Page 4