2023-01-012023-12-312023-12-31false13086641KUBERA INVESTMENTS LTD2024-09-02iso4217:GBPxbrli:pure130866412023-01-01130866412023-12-31130866412023-01-012023-12-31130866412022-01-01130866412022-12-31130866412022-01-012022-12-3113086641bus:SmallEntities2023-01-012023-12-3113086641bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3113086641bus:FullAccounts2023-01-012023-12-3113086641bus:PrivateLimitedCompanyLtd2023-01-012023-12-3113086641core:WithinOneYear2023-12-3113086641core:AfterOneYear2023-12-3113086641core:WithinOneYear2022-12-3113086641core:AfterOneYear2022-12-3113086641core:ShareCapital2023-12-3113086641core:SharePremium2023-12-3113086641core:RevaluationReserve2023-12-3113086641core:OtherReservesSubtotal2023-12-3113086641core:RetainedEarningsAccumulatedLosses2023-12-3113086641core:ShareCapital2022-12-3113086641core:SharePremium2022-12-3113086641core:RevaluationReserve2022-12-3113086641core:OtherReservesSubtotal2022-12-3113086641core:RetainedEarningsAccumulatedLosses2022-12-3113086641core:LandBuildings2023-12-3113086641core:PlantMachinery2023-12-3113086641core:Vehicles2023-12-3113086641core:FurnitureFittings2023-12-3113086641core:OfficeEquipment2023-12-3113086641core:NetGoodwill2023-12-3113086641core:IntangibleAssetsOtherThanGoodwill2023-12-3113086641core:ListedExchangeTraded2023-12-3113086641core:UnlistedNon-exchangeTraded2023-12-3113086641core:LandBuildings2022-12-3113086641core:PlantMachinery2022-12-3113086641core:Vehicles2022-12-3113086641core:FurnitureFittings2022-12-3113086641core:OfficeEquipment2022-12-3113086641core:NetGoodwill2022-12-3113086641core:IntangibleAssetsOtherThanGoodwill2022-12-3113086641core:ListedExchangeTraded2022-12-3113086641core:UnlistedNon-exchangeTraded2022-12-3113086641core:LandBuildings2023-01-012023-12-3113086641core:PlantMachinery2023-01-012023-12-3113086641core:Vehicles2023-01-012023-12-3113086641core:FurnitureFittings2023-01-012023-12-3113086641core:OfficeEquipment2023-01-012023-12-3113086641core:NetGoodwill2023-01-012023-12-3113086641core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113086641core:ListedExchangeTraded2023-01-012023-12-3113086641core:UnlistedNon-exchangeTraded2023-01-012023-12-3113086641core:MoreThanFiveYears2023-01-012023-12-3113086641core:Non-currentFinancialInstruments2023-12-3113086641core:Non-currentFinancialInstruments2022-12-3113086641dpl:CostSales2023-01-012023-12-3113086641dpl:DistributionCosts2023-01-012023-12-3113086641core:LandBuildings2023-01-012023-12-3113086641core:PlantMachinery2023-01-012023-12-3113086641core:Vehicles2023-01-012023-12-3113086641core:FurnitureFittings2023-01-012023-12-3113086641core:OfficeEquipment2023-01-012023-12-3113086641dpl:AdministrativeExpenses2023-01-012023-12-3113086641core:NetGoodwill2023-01-012023-12-3113086641core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113086641dpl:GroupUndertakings2023-01-012023-12-3113086641dpl:ParticipatingInterests2023-01-012023-12-3113086641dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3113086641core:ListedExchangeTraded2023-01-012023-12-3113086641dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3113086641core:UnlistedNon-exchangeTraded2023-01-012023-12-3113086641dpl:CostSales2022-01-012022-12-3113086641dpl:DistributionCosts2022-01-012022-12-3113086641core:LandBuildings2022-01-012022-12-3113086641core:PlantMachinery2022-01-012022-12-3113086641core:Vehicles2022-01-012022-12-3113086641core:FurnitureFittings2022-01-012022-12-3113086641core:OfficeEquipment2022-01-012022-12-3113086641dpl:AdministrativeExpenses2022-01-012022-12-3113086641core:NetGoodwill2022-01-012022-12-3113086641core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3113086641dpl:GroupUndertakings2022-01-012022-12-3113086641dpl:ParticipatingInterests2022-01-012022-12-3113086641dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3113086641core:ListedExchangeTraded2022-01-012022-12-3113086641dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3113086641core:UnlistedNon-exchangeTraded2022-01-012022-12-3113086641core:NetGoodwill2023-12-3113086641core:IntangibleAssetsOtherThanGoodwill2023-12-3113086641core:LandBuildings2023-12-3113086641core:PlantMachinery2023-12-3113086641core:Vehicles2023-12-3113086641core:FurnitureFittings2023-12-3113086641core:OfficeEquipment2023-12-3113086641core:AfterOneYear2023-12-3113086641core:WithinOneYear2023-12-3113086641core:ListedExchangeTraded2023-12-3113086641core:UnlistedNon-exchangeTraded2023-12-3113086641core:ShareCapital2023-12-3113086641core:SharePremium2023-12-3113086641core:RevaluationReserve2023-12-3113086641core:OtherReservesSubtotal2023-12-3113086641core:RetainedEarningsAccumulatedLosses2023-12-3113086641core:NetGoodwill2022-12-3113086641core:IntangibleAssetsOtherThanGoodwill2022-12-3113086641core:LandBuildings2022-12-3113086641core:PlantMachinery2022-12-3113086641core:Vehicles2022-12-3113086641core:FurnitureFittings2022-12-3113086641core:OfficeEquipment2022-12-3113086641core:AfterOneYear2022-12-3113086641core:WithinOneYear2022-12-3113086641core:ListedExchange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KUBERA INVESTMENTS LTD

Registered Number
13086641
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

KUBERA INVESTMENTS LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

MCHALE, Jerald Patrick
WHITE, Richard George John

Registered Address

55 & A Half Purley Vale
Purley
CR8 2DU

Registered Number

13086641 (England and Wales)
KUBERA INVESTMENTS LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Investment property3645,000680,000
645,000680,000
Current assets
Debtors49,5042,405
Cash at bank and on hand11,56917,805
61,07320,210
Creditors amounts falling due within one year4(3,125)(2,258)
Net current assets (liabilities)57,94817,952
Total assets less current liabilities702,948697,952
Creditors amounts falling due after one year5(509,522)(509,522)
Provisions for liabilities6(45,581)(52,931)
Net assets147,845135,499
Capital and reserves
Called up share capital100100
Profit and loss account147,745135,399
Shareholders' funds147,845135,499
The financial statements were approved and authorised for issue by the Board of Directors on 2 September 2024, and are signed on its behalf by:
WHITE, Richard George John
Director
Registered Company No. 13086641
KUBERA INVESTMENTS LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
2.Average number of employees

20232022
Average number of employees during the year00
3.Investment property

£
Fair value at 01 January 23680,000
Fair value adjustments(35,000)
At 31 December 23645,000
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables498498
Taxation and social security868-
Other creditors1,7591,760
Total3,1252,258
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts507,514507,514
Other creditors2,0082,008
Total509,522509,522
6.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)45,58152,931
Total45,58152,931