Company Registration No. 13083930 (England and Wales)
R CLOUD SOLUTIONS LTD
Unaudited accounts
for the year ended 31 December 2022
R CLOUD SOLUTIONS LTD
Unaudited accounts
Contents
R CLOUD SOLUTIONS LTD
Company Information
for the year ended 31 December 2022
Director
Mr Rajkumar Shanmugam
Company Number
13083930 (England and Wales)
Registered Office
14 FRASER CRESCENT
WATFORD
HERTFORDSHIRE
WD25 0BF
UNITED KINGDOM
Accountants
Alza Accounting Solutions Ltd
Office 2 , Serif House
Dudley Street
Luton
Surrey
LU2 0NT
R CLOUD SOLUTIONS LTD
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
106,077
87,806
Creditors: amounts falling due within one year
(47,838)
(33,216)
Net current assets
128,239
54,590
Called up share capital
1
1
Profit and loss account
129,556
55,548
Shareholders' funds
129,557
55,549
For the year ending 31 December 2022 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 September 2023 and were signed on its behalf by
Mr Rajkumar Shanmugam
Director
Company Registration No. 13083930
R CLOUD SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 December 2022
R CLOUD SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 13083930. The registered office is 14 FRASER CRESCENT, WATFORD, HERTFORDSHIRE, WD25 0BF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20 % Reducing balance
4
Tangible fixed assets
Computer equipment
Amounts falling due after more than one year
Amounts due from group undertakings etc.
70,000
-
R CLOUD SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
22,023
22,774
Loans from directors
17,553
2,838
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
During the year R cloud Solutions Ltd given the loan of £70,000 to ARKS Housing Limited at an annual interest rate of 5.5%. Directors of R Cloud Solutions Ltd and ARKS Housing Limited are the same.
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).
