2023-04-012024-03-312024-03-31false10431739Cubit Architecture Ltd2024-09-10iso4217:GBPxbrli:pure104317392023-04-01104317392024-03-31104317392023-04-012024-03-31104317392022-04-01104317392023-03-31104317392022-04-012023-03-3110431739bus:SmallEntities2023-04-012024-03-3110431739bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3110431739bus:AbridgedAccounts2023-04-012024-03-3110431739bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110431739core:WithinOneYear2024-03-3110431739core:AfterOneYear2024-03-3110431739core:WithinOneYear2023-03-3110431739core:AfterOneYear2023-03-3110431739core:ShareCapital2024-03-3110431739core:SharePremium2024-03-3110431739core:RevaluationReserve2024-03-3110431739core:OtherReservesSubtotal2024-03-3110431739core:RetainedEarningsAccumulatedLosses2024-03-3110431739core:ShareCapital2023-03-3110431739core:SharePremium2023-03-3110431739core:RevaluationReserve2023-03-3110431739core:OtherReservesSubtotal2023-03-3110431739core:RetainedEarningsAccumulatedLosses2023-03-3110431739core:LandBuildings2024-03-3110431739core:PlantMachinery2024-03-3110431739core:Vehicles2024-03-3110431739core:FurnitureFittings2024-03-3110431739core:OfficeEquipment2024-03-3110431739core:NetGoodwill2024-03-3110431739core:IntangibleAssetsOtherThanGoodwill2024-03-3110431739core:ListedExchangeTraded2024-03-3110431739core:UnlistedNon-exchangeTraded2024-03-3110431739core:LandBuildings2023-03-3110431739core:PlantMachinery2023-03-3110431739core:Vehicles2023-03-3110431739core:FurnitureFittings2023-03-3110431739core:OfficeEquipment2023-03-3110431739core:NetGoodwill2023-03-3110431739core:IntangibleAssetsOtherThanGoodwill2023-03-3110431739core:ListedExchangeTraded2023-03-3110431739core:UnlistedNon-exchangeTraded2023-03-3110431739core:LandBuildings2023-04-012024-03-3110431739core:PlantMachinery2023-04-012024-03-3110431739core:Vehicles2023-04-012024-03-3110431739core:FurnitureFittings2023-04-012024-03-3110431739core:OfficeEquipment2023-04-012024-03-3110431739core:NetGoodwill2023-04-012024-03-3110431739core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110431739core:ListedExchangeTraded2023-04-012024-03-3110431739core:UnlistedNon-exchangeTraded2023-04-012024-03-3110431739core:MoreThanFiveYears2023-04-012024-03-3110431739core:Non-currentFinancialInstruments2024-03-3110431739core:Non-currentFinancialInstruments2023-03-3110431739dpl:CostSales2023-04-012024-03-3110431739dpl:DistributionCosts2023-04-012024-03-3110431739core:LandBuildings2023-04-012024-03-3110431739core:PlantMachinery2023-04-012024-03-3110431739core:Vehicles2023-04-012024-03-3110431739core:FurnitureFittings2023-04-012024-03-3110431739core:OfficeEquipment2023-04-012024-03-3110431739dpl:AdministrativeExpenses2023-04-012024-03-3110431739core:NetGoodwill2023-04-012024-03-3110431739core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110431739dpl:GroupUndertakings2023-04-012024-03-3110431739dpl:ParticipatingInterests2023-04-012024-03-3110431739dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3110431739core:ListedExchangeTraded2023-04-012024-03-3110431739dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3110431739core:UnlistedNon-exchangeTraded2023-04-012024-03-3110431739dpl:CostSales2022-04-012023-03-3110431739dpl:DistributionCosts2022-04-012023-03-3110431739core:LandBuildings2022-04-012023-03-3110431739core:PlantMachinery2022-04-012023-03-3110431739core:Vehicles2022-04-012023-03-3110431739core:FurnitureFittings2022-04-012023-03-3110431739core:OfficeEquipment2022-04-012023-03-3110431739dpl:AdministrativeExpenses2022-04-012023-03-3110431739core:NetGoodwill2022-04-012023-03-3110431739core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110431739dpl:GroupUndertakings2022-04-012023-03-3110431739dpl:ParticipatingInterests2022-04-012023-03-3110431739dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110431739core:ListedExchangeTraded2022-04-012023-03-3110431739dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110431739core:UnlistedNon-exchangeTraded2022-04-012023-03-3110431739core:NetGoodwill2024-03-3110431739core:IntangibleAssetsOtherThanGoodwill2024-03-3110431739core:LandBuildings2024-03-3110431739core:PlantMachinery2024-03-3110431739core:Vehicles2024-03-3110431739core:FurnitureFittings2024-03-3110431739core:OfficeEquipment2024-03-3110431739core:AfterOneYear2024-03-3110431739core:WithinOneYear2024-03-3110431739core:ListedExchangeTraded2024-03-3110431739core:UnlistedNon-exchangeTraded2024-03-3110431739core:ShareCapital2024-03-3110431739core:SharePremium2024-03-3110431739core:RevaluationReserve2024-03-3110431739core:OtherReservesSubtotal2024-03-3110431739core:RetainedEarningsAccumulatedLosses2024-03-3110431739core:NetGoodwill2023-03-3110431739core:IntangibleAssetsOtherThanGoodwill2023-03-3110431739core:LandBuildings2023-03-3110431739core:PlantMachinery2023-03-3110431739core:Vehicles2023-03-3110431739core:FurnitureFittings2023-03-3110431739core:OfficeEquipment2023-03-3110431739core:AfterOneYear2023-03-3110431739core:WithinOneYear2023-03-3110431739core:ListedExchangeTraded2023-03-3110431739core:UnlistedNon-exchangeTraded2023-03-3110431739core:ShareCapital2023-03-3110431739core:SharePremium2023-03-3110431739core:RevaluationReserve2023-03-3110431739core:OtherReservesSubtotal2023-03-3110431739core:RetainedEarningsAccumulatedLosses2023-03-3110431739core:NetGoodwill2022-04-0110431739core:IntangibleAssetsOtherThanGoodwill2022-04-0110431739core:LandBuildings2022-04-0110431739core:PlantMachinery2022-04-0110431739core:Vehicles2022-04-0110431739core:FurnitureFittings2022-04-0110431739core:OfficeEquipment2022-04-0110431739core:AfterOneYear2022-04-0110431739core:WithinOneYear2022-04-0110431739core:ListedExchangeTraded2022-04-0110431739core:UnlistedNon-exchangeTraded2022-04-0110431739core:ShareCapital2022-04-0110431739core:SharePremium2022-04-0110431739core:RevaluationReserve2022-04-0110431739core:OtherReservesSubtotal2022-04-0110431739core:RetainedEarningsAccumulatedLosses2022-04-0110431739core:AfterOneYear2023-04-012024-03-3110431739core:WithinOneYear2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3110431739core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3110431739core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3110431739core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3110431739core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3110431739core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3110431739core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3110431739core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3110431739core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3110431739core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3110431739core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3110431739core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3110431739core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3110431739core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3110431739core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3110431739core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3110431739core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3110431739core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3110431739core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3110431739bus:Director12023-04-012024-03-31

Cubit Architecture Ltd

Registered Number
10431739
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Cubit Architecture Ltd
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Martyn Edward Hempsted

Registered Address

42 High Street, Wanstead
London
E11 2RJ

Registered Number

10431739 (England and Wales)
Cubit Architecture Ltd
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets38051,708
8051,708
Current assets
Debtors44,617-
Cash at bank and on hand17,02421,433
21,64121,433
Creditors amounts falling due within one year5(21,717)(22,343)
Net current assets (liabilities)(76)(910)
Total assets less current liabilities729798
Provisions for liabilities6(153)(324)
Net assets576474
Capital and reserves
Called up share capital100100
Profit and loss account476374
Shareholders' funds576474
The financial statements were approved and authorised for issue by the Director on 10 September 2024, and are signed on its behalf by:
Martyn Edward Hempsted
Director
Registered Company No. 10431739
Cubit Architecture Ltd
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
Cubit Architecture Ltd 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.
Going concern
The company will have sufficient resources to meet its financial obligations, the director suggests it is appropriate to prepare the financial statements on a going concern basis.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
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:

Straight line (years)
Office Equipment3
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 236,328
At 31 March 246,328
Depreciation and impairment
At 01 April 234,620
Charge for year903
At 31 March 245,522
Net book value
At 31 March 24805
At 31 March 231,708
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables3,518-
Amounts owed by associates and joint ventures / participating interests1,099-
Total4,617-
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables390365
Amounts owed to related parties-416
Taxation and social security21,32721,562
Total21,71722,343
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.
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)153324
Total153324