Cloud MPS Limited - Limited company - abbreviated - 11.6

Cloud MPS Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 08524224 (England and Wales)












Abbreviated Unaudited Accounts for the Year Ended 31 May 2015

for

Cloud MPS Limited

Cloud MPS Limited (Registered number: 08524224)






Contents of the Abbreviated Accounts
for the Year Ended 31 May 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Cloud MPS Limited

Company Information
for the Year Ended 31 May 2015







DIRECTOR: N P Swainson





REGISTERED OFFICE: Lynnem House
1 Victoria Way
Burgess Hill
West Sussex
RH15 9NF





REGISTERED NUMBER: 08524224 (England and Wales)





ACCOUNTANTS: Price Green & Co
Lynnem House
1 Victoria Way
Burgess Hill
West Sussex
RH15 9NF

Cloud MPS Limited (Registered number: 08524224)

Abbreviated Balance Sheet
31 May 2015

31.5.15 31.5.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 192,400 195,684

CURRENT ASSETS
Debtors 73,713 19,614
Cash at bank 50,186 2,368
123,899 21,982
CREDITORS
Amounts falling due within one year 148,057 56,368
NET CURRENT LIABILITIES (24,158 ) (34,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,242

161,298

CREDITORS
Amounts falling due after more than one
year

3

(121,999
)
(126,723
)

PROVISIONS FOR LIABILITIES (2,499 ) (3,372 )
NET ASSETS 43,744 31,203

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 43,644 31,103
SHAREHOLDERS' FUNDS 43,744 31,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Cloud MPS Limited (Registered number: 08524224)

Abbreviated Balance Sheet - continued
31 May 2015


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 29 September 2015 and were signed by:





N P Swainson - Director


Cloud MPS Limited (Registered number: 08524224)

Notes to the Abbreviated Accounts
for the Year Ended 31 May 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

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

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

Plant and machinery etc - 33% on reducing balance

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2014 201,321
Additions 1,320
At 31 May 2015 202,641
DEPRECIATION
At 1 June 2014 5,637
Charge for year 4,604
At 31 May 2015 10,241
NET BOOK VALUE
At 31 May 2015 192,400
At 31 May 2014 195,684

3. CREDITORS

Creditors include the following debts falling due in more than five years:

31.5.15 31.5.14
£    £   
Repayable by instalments 68,894 73,618

Cloud MPS Limited (Registered number: 08524224)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 May 2015

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.15 31.5.14
value: £    £   
100 Ordinary 1 100 100