2014-11-01
true
false
Private Limited Company
07823744
2015-10-31
07823744
2014-11-01
2015-10-31
07823744
2014-10-31
07823744
2013-11-01
2014-10-31
07823744
uk-bus:Director1
2014-11-01
2015-10-31
07823744
uk-bus:OrdinaryShareClass1
2015-10-31
07823744
uk-bus:OrdinaryShareClass2
2015-10-31
iso4217:GBP
For the year ended 31 October 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07823744
2
IAM Cloud Limited
For the year ended 31 October 2015
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
3
| Abbreviated Balance Sheet |
IAM Cloud Limited
2015
2014
2
14,193
15,201
14,193
15,201
135,179
85,253
4,609
34,530
89,862
169,709
| Creditors: amounts falling due within one year |
(528,793)
(645,632)
(359,084)
(555,770)
Net current liabilities
| Total assets less current liabilities |
(541,577)
(343,883)
(541,577)
Net liabilities
(343,883)
300
3
300
(541,877)
(344,183)
(541,577)
(343,883)
Shareholders funds
| For the year ended 31 October 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Directors 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 Act with respect to accounting records and the preparation of accounts |
| These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. |
| Date approved by the board: 21 March 2016 |
| Signed on behalf of the board of directors |
1 of 3
4
| Notes to the Abbreviated Financial Statements |
IAM Cloud Limited
For the year ended 31 October 2015
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange |
| ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the |
| transaction. All foreign exchange differences are included to the profit and loss account. |
| Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
| by the shareholders prior to the balance sheet date. |
| Where preference shares are classed as liabilities rather than equity any preference dividends paid are included in |
| interest payable and similar charges within the profit and loss account. |
| 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: |
| The company's preference shares are treated as a financial liability since they are subject to mandatory redemption |
| for a fixed or determinable amount at a fixed or determinable time and are thus included in creditors in the financial |
| statements rather than as part of the company's issued share capital. |
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5
| Notes to the Abbreviated Financial Statements |
IAM Cloud Limited
For the year ended 31 October 2015
24,414
3,724
28,138
9,213
4,732
Charge for year
13,945
14,193
15,201
| Allotted called up and fully paid |
2015
2014
| 270 Ordinary A shares of £1.00 each |
270
270
| 30 Ordinary B shares of £1.00 each |
30
30
300
300
3 of 3
