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REGISTERED NUMBER: OC316403 (England and Wales)














Financial Statements for the Year Ended 31 October 2023

for

Cube Lewisham LLP

Cube Lewisham LLP (Registered number: OC316403)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cube Lewisham LLP

General Information
for the Year Ended 31 October 2023







DESIGNATED MEMBERS: Mr S Goldstone
Mr S Brody
Mr D Magar





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: OC316403 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Cube Lewisham LLP (Registered number: OC316403)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 350,000 350,000

CURRENT ASSETS
Debtors 5 62,353 63,905
Cash at bank 13,089 2,364
75,442 66,269
CREDITORS
Amounts falling due within one year 6 75,339 120,175
NET CURRENT ASSETS/(LIABILITIES) 103 (53,906 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 350,103 296,094

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

215,879

161,870

MEMBERS' OTHER INTERESTS
Revaluation reserve 8 134,224 134,224
350,103 296,094

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 215,879 161,870
Members' other interests 134,224 134,224
350,103 296,094

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 October 2023.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Cube Lewisham LLP (Registered number: OC316403)

Balance Sheet - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 31 October 2024 and were signed by:





Mr S Brody - Designated member

Cube Lewisham LLP (Registered number: OC316403)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Cube Lewisham LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Members agreed that there is no revaluation required for this property.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2022 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 350,000
NET BOOK VALUE
At 31 October 2023 350,000
At 31 October 2022 350,000

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2023 350,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 8,376 4,408
Amounts owed by associates 44,227 49,747
Other debtors 9,750 9,750
62,353 63,905

Cube Lewisham LLP (Registered number: OC316403)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 885 1,854
Amounts owed to associates 62,950 108,070
Taxation and social security 1,754 500
Other creditors 9,750 9,751
75,339 120,175

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.10.23 31.10.22
£    £   
Amounts owed to members in respect of profits 215,879 161,870

Falling due within one year 215,879 161,870

Loans and other debts due to members have no preferential rank in relation to other creditors.

8. RESERVES
Revaluation
reserve
£   
At 1 November 2022
and 31 October 2023 134,224

9. RELATED PARTY DISCLOSURES

Mr Magar, Mr Brody and Mr Goldstone are considered to be the key management personnel.