CLOUD EXPRESS LTD - Accounts


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Registered Number: 07614220
England and Wales

 

 

 

CLOUD EXPRESS LTD


Abridged Accounts
 


Period of accounts

Start date: 01 April 2021

End date: 31 March 2022
 
 
Notes
 
2022
£
  2021
£
Fixed assets      
Tangible fixed assets 2,186    2,732 
Investments 180,500   
182,686    2,732 
Current assets      
Debtors 45,506    89,687 
Cash at bank and in hand 230    192,127 
45,736    281,814 
Creditors: amount falling due within one year (270)   (49,037)
Net current assets 45,466    232,777 
 
Total assets less current liabilities 228,152    235,509 
Creditors: amount falling due after more than one year  
Net assets 228,152    235,509 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account 228,151    235,508 
Shareholder's funds 228,152    235,509 
 


For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 27 September 2022 and were signed by:


--------------------------------
Benjamin Perry
Director
1
General Information
CLOUD EXPRESS LTD is a private company, limited by shares, registered in England and Wales, registration number 07614220, registration address BENJAMIN PERRY, 243B QUEENSTOWN ROAD LONDON, , SW8 3NP

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 20% Reducing Balance
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Average number of employees

Average number of employees during the year was 1 (2021 : 1).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 April 2021 2,732    2,732 
Additions  
Disposals  
At 31 March 2022 2,732    2,732 
Depreciation
At 01 April 2021  
Charge for year 546    546 
On disposals  
At 31 March 2022 546    546 
Net book values
Closing balance as at 31 March 2022 2,186    2,186 
Opening balance as at 01 April 2021 2,732    2,732 


4.

Investments

Cost Loans to group undertakings   Total
  £   £
At 01 April 2021  
Additions 180,500    180,500 
Transfer to/from Tangible fixed assets  
Disposals  
At 31 March 2022 180,500    180,500 

2