Abbreviated Company Accounts - CLOUDCO ACCOUNTANCY GROUP LIMITED

05432905 CLOUDCO ACCOUNTANCY GROUP LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 05432905 2013-05-01 2014-04-30 05432905 2014-04-30 05432905 2013-04-30 05432905 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 05432905 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass3 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass3 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass3 2013-04-30 iso4217:GBP shares

Registered Number 05432905

CLOUDCO ACCOUNTANCY GROUP LIMITED

Abbreviated Accounts

30 April 2014

CLOUDCO ACCOUNTANCY GROUP LIMITED Registered Number 05432905

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	20,983	27,145
Investments	3	-	100
		20,983	27,245
Current assets
Debtors		135,431	109,601
Cash at bank and in hand		288	16,955
		135,719	126,556
Creditors: amounts falling due within one year		(127,097)	(117,472)
Net current assets (liabilities)		8,622	9,084
Total assets less current liabilities		29,605	36,329
Creditors: amounts falling due after more than one year		(2,773)	(5,315)
Total net assets (liabilities)		26,832	31,014
Capital and reserves
Called up share capital	4	900	900
Profit and loss account		25,932	30,114
Shareholders' funds		26,832	31,014

For the year ending 30 April 2014 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 10 October 2014

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 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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.

Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

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.

Group Accounts
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the
obligation to prepare group accounts.

2Tangible fixed assets

	£
Cost
At 1 May 2013	87,088
Additions	668
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	87,756
Depreciation
At 1 May 2013	59,943
Charge for the year	6,830
On disposals	-
At 30 April 2014	66,773
Net book values
At 30 April 2014	20,983
At 30 April 2013	27,145

3Fixed assets Investments
2.1. Investment details
Subsidiary undertaking - 2014 - nil (2013 - £100)

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100
500 Partners A & B shares of £1 each	500	500
300 Partners C, D & E shares of £1 each	300	300