iCloud iPad backup to restore my iPhone

Hi. After my wife dropped my iPhone in the Indian ocean, I am awaiting a new handset from my insurers.

The only backup I have on iCloud is one backed up from my iPad. This has all my contacts, settings ect.

I do not have any iTunes backups as I changed machines and did fresh installs.

Now, can I use the iCloud IPAD backup to restore my new iPhone?

Ie - will my new iPhone detect the iPad backup and restore from this.

Cheers

Jr.