1 January 2023 false No description of principal activity Taxfiler 2024.5 13476831business:PrivateLimitedCompanyLtd2023-01-012023-12-31 134768312022-12-31 134768312023-01-012023-12-31 13476831business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 13476831business:FilletedAccounts2023-01-012023-12-31 134768312023-12-31 134768312022-12-31 13476831core:WithinOneYear2023-12-31 13476831core:WithinOneYear2022-12-31 13476831core:AfterOneYear2023-12-31 13476831core:AfterOneYear2022-12-31 13476831core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13476831core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 13476831core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13476831core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 13476831core:PreviouslyStatedAmount2023-12-31 13476831core:PreviouslyStatedAmount2022-12-31 13476831business:SmallEntities2023-01-012023-12-31 13476831business:Director12023-01-012023-12-31 13476831countries:EnglandWales2023-01-012023-12-31 13476831business:RegisteredOffice2023-01-012023-12-31 134768312022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13476831 (England and Wales)
CUBIC (LEEDS) LIMITED Unaudited accounts for the year ended 31 December 2023
CUBIC (LEEDS) LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
4,785,000 
4,850,000 
Current assets
Debtors
44,383 
62,955 
Cash at bank and in hand
60,715 
73,498 
105,098 
136,453 
Creditors: amounts falling due within one year
(64,118)
(76,969)
Net current assets
40,980 
59,484 
Total assets less current liabilities
4,825,980 
4,909,484 
Creditors: amounts falling due after more than one year
(3,440,010)
(3,381,671)
Provisions for liabilities
Deferred tax
(48,205)
(20,392)
Net assets
1,337,765 
1,507,421 
Capital and reserves
Called up share capital
1,201,000 
1,201,000 
Profit and loss account
136,765 
306,421 
Shareholders' funds
1,337,765 
1,507,421 
For the year ending 31 December 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 2 April 2024 and were signed on its behalf by
Christos Dimitriadis Director Company Registration No. 13476831
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CUBIC (LEEDS) LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
CUBIC (LEEDS) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13476831. The registered office is 60 WELBECK STREET, LONDON, W1G 9XB, 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.
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.
4
Investment property
2023 
£ 
Fair value at 1 January 2023
4,850,000 
Additions
77,927 
Net loss from fair value adjustments
(142,927)
At 31 December 2023
4,785,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,602 
60,717 
Accrued income and prepayments
41,781 
2,238 
44,383 
62,955 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
12,188 
54,535 
Other creditors
38,191 
- 
Accruals
13,739 
22,434 
64,118 
76,969 
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CUBIC (LEEDS) LIMITED Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,677,419 
2,717,915 
Amounts owed to group undertakings and other participating interests
759,850 
660,401 
Accruals
2,741 
3,355 
3,440,010 
3,381,671 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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