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REGISTERED NUMBER: 08588966 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2022

for

Cubet Ltd

Cubet Ltd (Registered number: 08588966)






Contents of the Financial Statements
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cubet Ltd

Company Information
for the Year Ended 30 June 2022







DIRECTOR: R C Knowles





REGISTERED OFFICE: 14 Ling Drive
Bracken Park
Gainsborough
Lincolnshire
DN21 1GT





REGISTERED NUMBER: 08588966 (England and Wales)






Cubet Ltd (Registered number: 08588966)

Balance Sheet
30 June 2022

30.6.22 30.6.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,532 6,017

CURRENT ASSETS
Debtors 5 1,663 262
Cash at bank 7,283 8,462
8,946 8,724
CREDITORS
Amounts falling due within one year 6 3,705 5,027
NET CURRENT ASSETS 5,241 3,697
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,773

9,714

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,673 9,614
SHAREHOLDERS' FUNDS 8,773 9,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 August 2022 and were signed by:





R C Knowles - Director


Cubet Ltd (Registered number: 08588966)

Notes to the Financial Statements
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

Cubet Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts invoiced for services rendered. The company is not registered for value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Website - 33% on cost
Office equipment - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Due to the immaterial amount involved no provision has been made in the accounts for deferred taxation.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

Cubet Ltd (Registered number: 08588966)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

4. TANGIBLE FIXED ASSETS
Office Computer
Website equipment equipment Totals
£    £    £    £   
COST
At 1 July 2021 9,660 1,627 4,521 15,808
Additions - - 1,745 1,745
At 30 June 2022 9,660 1,627 6,266 17,553
DEPRECIATION
At 1 July 2021 6,440 391 2,960 9,791
Charge for year 3,219 185 826 4,230
At 30 June 2022 9,659 576 3,786 14,021
NET BOOK VALUE
At 30 June 2022 1 1,051 2,480 3,532
At 30 June 2021 3,220 1,236 1,561 6,017

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Trade debtors 1,663 262

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Tax 3,406 3,213
Directors' current accounts - 211
Deferred income - 1,317
Accrued expenses 299 286
3,705 5,027

7. ULTIMATE CONTROLLING PARTY

The controlling party is R C Knowles.

At the year end the company owed the director £nil, (2021, £211).