Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 13831847 Richard Bacon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13831847 2023-01-31 13831847 2024-01-31 13831847 2023-02-01 2024-01-31 13831847 frs-core:CurrentFinancialInstruments 2024-01-31 13831847 frs-core:ComputerEquipment 2024-01-31 13831847 frs-core:ComputerEquipment 2023-02-01 2024-01-31 13831847 frs-core:ComputerEquipment 2023-01-31 13831847 frs-core:ShareCapital 2024-01-31 13831847 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13831847 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13831847 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13831847 frs-bus:SmallEntities 2023-02-01 2024-01-31 13831847 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13831847 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13831847 frs-bus:Director1 2023-02-01 2024-01-31 13831847 frs-countries:EnglandWales 2023-02-01 2024-01-31 13831847 2022-01-31 13831847 2023-01-31 13831847 2022-02-01 2023-01-31 13831847 frs-core:CurrentFinancialInstruments 2023-01-31 13831847 frs-core:ShareCapital 2023-01-31 13831847 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13831847
Qube Contracts Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Tax Data Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13831847
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 295 393
295 393
CURRENT ASSETS
Debtors 5 42,221 27,073
Cash at bank and in hand 104 1,142
42,325 28,215
Creditors: Amounts Falling Due Within One Year 6 (36,501 ) (27,726 )
NET CURRENT ASSETS (LIABILITIES) 5,824 489
TOTAL ASSETS LESS CURRENT LIABILITIES 6,119 882
NET ASSETS 6,119 882
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 6,118 881
SHAREHOLDERS' FUNDS 6,119 882
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Richard Bacon
Director
24/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Qube Contracts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13831847 . The registered office is 20-22 Wenlock Road, London, London, N1 7GU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% Reducing balance
2.4. Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 524
As at 31 January 2024 524
Depreciation
As at 1 February 2023 131
Provided during the period 98
As at 31 January 2024 229
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2024 295
As at 1 February 2023 393
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,362 3,422
Other debtors 33,859 23,651
42,221 27,073
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) (3 )
Other creditors 1,688 5,890
Taxation and social security 34,814 21,839
36,501 27,726
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4