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Registration number: 14527913

Cube 3 Construction Holdings Limited

Unaudited Filleted Financial Statements

for the Period from 7 December 2022 to 31 December 2023

 

Cube 3 Construction Holdings Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Cube 3 Construction Holdings Limited

(Registration number: 14527913)
Balance Sheet as at 31 December 2023

Note

2023
£

Fixed assets

 

Investments

4

200

Current assets

 

Debtors

5

1,332,078

Cash at bank and in hand

 

8,055

 

1,340,133

Creditors: Amounts falling due within one year

6

(5,732)

Net current assets

 

1,334,401

Net assets

 

1,334,601

Capital and reserves

 

Called up share capital

200

Retained earnings

1,334,401

Shareholders' funds

 

1,334,601

For the financial period ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 September 2024 and signed on its behalf by:
 

.........................................
A K Quirke
Director

.........................................
D R Coombe
Director

 

Cube 3 Construction Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 7 December 2022 to 31 December 2023

1

General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Lancaster Approach
North Killingholme
Immingham
North East Lincolnshire
DN40 3JZ

These financial statements were authorised for issue by the Board on 5 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts..

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the Company in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the Company includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Cube 3 Construction Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 7 December 2022 to 31 December 2023

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the period, was 4.

4

Investments

2023
£

Investments in subsidiaries

200

Subsidiaries

£

Cost or valuation

Additions

200

Provision

Carrying amount

At 31 December 2023

200

5

Debtors

Current

Note

2023
£

Amounts owed by related parties

7

1,332,078

   

1,332,078

 

Cube 3 Construction Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 7 December 2022 to 31 December 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Taxation and social security

3,245

Accruals and deferred income

2,000

Other creditors

487

5,732

7

Related party transactions

The company has taken advantage of the exemption in FRS102 from disclosing transactions with other members of the group.

Transactions with Directors

2023

At 7 December 2022
£

Advances to Director
£

Repayments by Director
£

At 31 December 2023
£

Directors loan account (interest is charged on advances at the official rate of interest)

-

230,100

(230,100)

-