Abbreviated Company Accounts - CLOUDCO ACCOUNTANCY GROUP LIMITED

CLOUDCO ACCOUNTANCY GROUP LIMITED - Company Information

05432905 CLOUDCO ACCOUNTANCY GROUP LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 05432905 2015-05-01 2016-04-30 05432905 2016-04-30 05432905 2015-04-30 05432905 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 05432905 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2016-04-30 uk-gaap-cd-bus:Director3 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass3 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass3 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass3 2015-04-30 iso4217:GBP shares

Registered Number 05432905

CLOUDCO ACCOUNTANCY GROUP LIMITED

Abbreviated Accounts

30 April 2016

CLOUDCO ACCOUNTANCY GROUP LIMITED Registered Number 05432905

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	16,478	16,193
		16,478	16,193
Current assets
Debtors		116,584	111,187
Cash at bank and in hand		81	100
		116,665	111,287
Creditors: amounts falling due within one year		(129,700)	(126,470)
Net current assets (liabilities)		(13,035)	(15,183)
Total assets less current liabilities		3,443	1,010
Total net assets (liabilities)		3,443	1,010
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		2,443	10
Shareholders' funds		3,443	1,010

For the year ending 30 April 2016 the company was entitled to exemption 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 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.

Approved by the Board on 12 December 2016

And signed on their behalf by:
Christopher Reid, Director

CLOUDCO ACCOUNTANCY GROUP LIMITED Registered Number 05432905

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

Pensions
The pension costs charged in the financial statements represent the contribution payable by the
company during the year.
The regular cost of providing retirement pensions and related benefits is charged to the profit and loss account over the employees' service lives on the basis of a constant percentage of earnings.

2Tangible fixed assets

	£
Cost
At 1 May 2015	88,236
Additions	5,186
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	93,422
Depreciation
At 1 May 2015	72,043
Charge for the year	4,901
On disposals	-
At 30 April 2016	76,944
Net book values
At 30 April 2016	16,478
At 30 April 2015	16,193

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100
500 Partners A & B shares of £1 each	500	500
400 Partners C,D,E & F shares of £1 each	400	400

4Transactions with directors

Name of director receiving advance or credit:	Christopher Reid
Description of the transaction:	Interest free loan
Balance at 1 May 2015:	£ 0
Advances or credits made:	£ 4,996
Advances or credits repaid:	-
Balance at 30 April 2016:	£ 4,996