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REGISTERED NUMBER: 08630188 (England and Wales)















Glasscubes Limited

Unaudited Financial Statements for the Year Ended 30 June 2023






Glasscubes Limited (Registered number: 08630188)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Balance Sheet 1

Notes to the Financial Statements 2 to 3


Glasscubes Limited (Registered number: 08630188)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,261 4,677

CURRENT ASSETS
Debtors 5 102,928 83,505
Cash at bank 520,825 437,125
623,753 520,630
CREDITORS
Amounts falling due within one year 6 363,691 272,494
NET CURRENT ASSETS 260,062 248,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

263,323

252,813

PROVISIONS FOR LIABILITIES 620 889
NET ASSETS 262,703 251,924

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 262,603 251,824
SHAREHOLDERS' FUNDS 262,703 251,924

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





K J Senior - Director


Glasscubes Limited (Registered number: 08630188)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Glasscubes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08630188

Registered office: 96 High Street
Burnham
Buckinghamshire
SL1 7JT

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on cost and 20% on cost

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
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

Glasscubes Limited (Registered number: 08630188)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022 6,730 22,714 29,444
Additions 391 2,200 2,591
At 30 June 2023 7,121 24,914 32,035
DEPRECIATION
At 1 July 2022 5,792 18,975 24,767
Charge for year 439 3,568 4,007
At 30 June 2023 6,231 22,543 28,774
NET BOOK VALUE
At 30 June 2023 890 2,371 3,261
At 30 June 2022 938 3,739 4,677

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 87,551 82,636
Other debtors 15,377 869
102,928 83,505

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 7,853 7,787
Taxation and social security 45,116 40,817
Other creditors 310,722 223,890
363,691 272,494

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. OTHER FINANCIAL COMMITMENTS

The company has total financial commitments of £3,842 ( 2022 - £13,063 ) at the year end in respect of vehicle leasing charges still due up to the end of their contracts.