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Company Registration No. 12317948 (England and Wales)
CUBIX CONSULTANTS LTD Unaudited accounts for the year ended 30 November 2023
CUBIX CONSULTANTS LTD Unaudited accounts Contents
Page
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CUBIX CONSULTANTS LTD Company Information for the year ended 30 November 2023
Director
Tomilayo Ilesanmi
Secretary
Tomilayo Ilesanmi
Company Number
12317948 (England and Wales)
Registered Office
6 Stratford Way Bricketwood England AL2 3PB
Accountants
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX
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CUBIX CONSULTANTS LTD Accountants' report
Accountants' report to the director of CUBIX CONSULTANTS LTD on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CUBIX CONSULTANTS LTD for the year ended 30 November 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of CUBIX CONSULTANTS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of CUBIX CONSULTANTS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CUBIX CONSULTANTS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that CUBIX CONSULTANTS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of CUBIX CONSULTANTS LTD. You consider that CUBIX CONSULTANTS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of CUBIX CONSULTANTS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX 30 August 2024
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CUBIX CONSULTANTS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,887 
6,812 
Current assets
Debtors
24 
24 
Investments
57,000 
57,000 
Cash at bank and in hand
1,272 
(44,700)
58,296 
12,324 
Creditors: amounts falling due within one year
(91,561)
(42,053)
Net current liabilities
(33,265)
(29,729)
Net liabilities
(28,378)
(22,917)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(28,379)
(22,918)
Shareholders' funds
(28,378)
(22,917)
For the year ending 30 November 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 her 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 30 August 2024 and were signed on its behalf by
Tomilayo Ilesanmi Director Company Registration No. 12317948
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CUBIX CONSULTANTS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
CUBIX CONSULTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 12317948. The registered office is 6 Stratford Way, Bricketwood, England, AL2 3PB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
10
Computer equipment
25
Other tangible fixed assets
20
Investments
Investments in shares are included at fair value.
Going concern
The board of director(s) has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. For these reasons, the board decides to continue to adopt the going concern basis in preparing the financial statements for the company.
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CUBIX CONSULTANTS LTD Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
7,000 
557 
5,028 
12,585 
At 30 November 2023
7,000 
557 
5,028 
12,585 
Depreciation
At 1 December 2022
2,100 
168 
3,505 
5,773 
Charge for the year
700 
56 
1,169 
1,925 
At 30 November 2023
2,800 
224 
4,674 
7,698 
Net book value
At 30 November 2023
4,200 
333 
354 
4,887 
At 30 November 2022
4,900 
389 
1,523 
6,812 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
24 
24 
6
Investments held as current assets
2023 
2022 
£ 
£ 
Unlisted investments
57,000 
57,000 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
84,668 
27,068 
Amounts owed to group undertakings and other participating interests
6,233 
13,785 
Accruals
660 
1,200 
91,561 
42,053 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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