| Cloud66 Limited |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Cloud66 Limited for the year ended 31 August 2015 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Cloud66 Limited for the year ended 31 August 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation. |
|
| Chapman, Robinson & Moore Limited |
| Accountants |
| 30 Bankside Court |
| Stationfields |
| Kidlington |
| Oxford |
| OX5 1JE |
|
| 22 April 2016 |
|
| Cloud66 Limited |
| Registered number: |
08175234 |
| Abbreviated Balance Sheet |
| as at 31 August 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
5,180 |
|
|
3,108 |
|
| Current assets |
| Debtors |
|
|
51,693 |
|
|
15,006 |
| Cash at bank and in hand |
|
|
52,371 |
|
|
96,829 |
|
|
|
104,064 |
|
|
111,835 |
|
| Creditors: amounts falling due within one year |
|
|
(24,489) |
|
|
(38,191) |
|
| Net current assets |
|
|
|
79,575 |
|
|
73,644 |
|
| Total assets less current liabilities |
|
|
|
84,755 |
|
|
76,752 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(576,149) |
|
|
(284,490) |
|
|
|
| Net liabilities |
|
|
|
(491,394) |
|
|
(207,738) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Share premium |
|
|
|
39,990 |
|
|
39,990 |
| Profit and loss account |
|
|
|
(531,484) |
|
|
(247,828) |
|
| Shareholders' funds |
|
|
|
(491,394) |
|
|
(207,738) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| K. Sajadi Esq. |
| Director |
| Approved by the board on 22 April 2016 |
|
| Cloud66 Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 August 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Office equipment |
33% Straight line |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
3,852 |
|
Additions |
4,350 |
|
At 31 August 2015 |
8,202 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2014 |
744 |
|
Charge for the year |
2,278 |
|
At 31 August 2015 |
3,022 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
5,180 |
|
At 31 August 2014 |
3,108 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary A shares |
£1 each |
|
90 |
|
90 |
|
90 |
|
Ordinary B shares |
£1 each |
|
10 |
|
10 |
|
10 |
|
|
|
|
|
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
K. Sajadi |
|
Loan to director |
1,690 |
|
5,000 |
|
(455) |
|
6,235 |
|
|
|
1,690 |
|
5,000 |
|
(455) |
|
6,235 |
|
|
|
|
|
|
|
|
|
