Company Registration No. 07603227 (England and Wales)
Qube Fitness Limited
Unaudited accounts
for the year ended 30 April 2023
Qube Fitness Limited
Unaudited accounts
Contents
Qube Fitness Limited
Company Information
for the year ended 30 April 2023
Company Number
07603227 (England and Wales)
Registered Office
WARREN CENTRE
REFORM ROAD
MAIDENHEAD
BERKSHIRE
SL6 8BT
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Qube Fitness Limited
Statement of financial position
as at 30 April 2023
Tangible assets
44,327
49,627
Cash at bank and in hand
4,046
3,973
Creditors: amounts falling due within one year
(32,046)
(25,022)
Net current liabilities
(28,000)
(21,049)
Total assets less current liabilities
16,327
28,578
Creditors: amounts falling due after more than one year
(25,029)
(28,002)
Net (liabilities)/assets
(8,702)
576
Called up share capital
100
100
Profit and loss account
(8,802)
476
Shareholders' funds
(8,702)
576
For the year ending 30 April 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 March 2024 and were signed on its behalf by
Sunil Rai
Director
Company Registration No. 07603227
Qube Fitness Limited
Notes to the Accounts
for the year ended 30 April 2023
Qube Fitness Limited is a private company, limited by shares, registered in England and Wales, registration number 07603227. The registered office is WARREN CENTRE, REFORM ROAD, MAIDENHEAD, BERKSHIRE, SL6 8BT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on cost
Fixtures & fittings
15% on cost
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
8,876
49,245
30,253
88,374
At 30 April 2023
8,876
49,245
30,253
88,374
At 1 May 2022
-
28,817
9,930
38,747
Charge for the year
-
3,283
2,017
5,300
At 30 April 2023
-
32,100
11,947
44,047
At 30 April 2023
8,876
17,145
18,306
44,327
At 30 April 2022
8,876
20,428
20,323
49,627
Qube Fitness Limited
Notes to the Accounts
for the year ended 30 April 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,700
13,213
Taxes and social security
(1,155)
(536)
Other creditors
9,002
7,145
Loans from directors
20,080
4,901
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).