Company Registration No. 10211080 (England and Wales)
THE KUBE LONDON LTD
Unaudited accounts
for the year ended 30 June 2023
THE KUBE LONDON LTD
Unaudited accounts
Contents
THE KUBE LONDON LTD
Company Information
for the year ended 30 June 2023
Directors
Salvatore Marra
Joy Kalombo
Company Number
10211080 (England and Wales)
Registered Office
Office 9
Dalton House
60 Windsor Avenue
London
SW19 2RR
England
Accountants
MJ Support & Co Certified Accountants & Business Consultants
30 Churchill Place
Canary Wharf
E14 5EU
THE KUBE LONDON LTD
Statement of financial position
as at 30 June 2023
Tangible assets
2,410
3,247
Cash at bank and in hand
9,412
9,459
Creditors: amounts falling due within one year
(34,806)
(33,138)
Net current liabilities
(17,371)
(15,656)
Total assets less current liabilities
(14,961)
(12,409)
Creditors: amounts falling due after more than one year
(9,873)
(12,792)
Net liabilities
(24,834)
(25,201)
Called up share capital
1
1
Profit and loss account
(24,835)
(25,202)
Shareholders' funds
(24,834)
(25,201)
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 27 March 2024 and were signed on its behalf by
Joy Kalombo
Director
Company Registration No. 10211080
THE KUBE LONDON LTD
Notes to the Accounts
for the year ended 30 June 2023
THE KUBE LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 10211080. The registered office is Office 9, Dalton House, 60 Windsor Avenue, London, SW19 2RR, England.
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:
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
25% Straight Line method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
7,254
430
7,684
At 30 June 2023
7,254
430
7,684
At 1 July 2022
4,041
396
4,437
Charge for the year
803
34
837
At 30 June 2023
4,844
430
5,274
At 30 June 2023
2,410
-
2,410
At 30 June 2022
3,213
34
3,247
THE KUBE LONDON LTD
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
32,458
32,458
Creditors includes the amount of £32,458.00 GBP is in relation to directors loan which is unsecured, interest free and no repayment terms have been agreed.
7
Creditors: amounts falling due after more than one year
2023
2022
Aggregate of amounts that fall due for payment after five years
-
2,558
Creditors includes the Bounce Back Loan for the amount of £9,873.00 GBP which is unsecured, and repayable together with the interest payments in 4 years.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).