Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-310false2023-03-06truefalseProperty management0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC446133 2023-03-05 OC446133 2023-03-06 2024-03-31 OC446133 2022-04-01 2023-03-05 OC446133 2024-03-31 OC446133 c:CurrentFinancialInstruments 2024-03-31 OC446133 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC446133 d:FRS102 2023-03-06 2024-03-31 OC446133 d:AuditExempt-NoAccountantsReport 2023-03-06 2024-03-31 OC446133 d:FullAccounts 2023-03-06 2024-03-31 OC446133 d:LimitedLiabilityPartnershipLLP 2023-03-06 2024-03-31 OC446133 6 2023-03-06 2024-03-31 OC446133 d:PartnerLLP1 2023-03-06 2024-03-31 OC446133 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC446133 c:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC446133 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC446133 e:PoundSterling 2023-03-06 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC446133










CUBEX LAND (FRELD FILTON PM) LLP








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
CUBEX LAND (FRELD FILTON PM) LLP
 

CONTENTS



Page
Balance Sheet
1 - 2
Reconciliation of Members' Interests
3
Notes to the Financial Statements
4 - 7


 
CUBEX LAND (FRELD FILTON PM) LLP
REGISTERED NUMBER: OC446133

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Investments
 4 
354,615

  
354,615

Current assets
  

Debtors: Amounts Falling Due Within One Year
 5 
38,710

  
38,710

Creditors: Amounts Falling Due Within One Year
 7 
(42,161)

Net current liabilities
  
 
 
(3,451)

Total assets less current liabilities
  
351,164

  

Net assets
  
351,164


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
(24,704)

  
(24,704)

Members' other interests
  

Members' capital classified as equity
  
100

Members' contribution classified as equity
  
375,768

  
 
375,868

  
351,164


Total members' interests
  

Loans and other debts due to members
 8 
(24,704)

Members' other interests
  
375,868

  
351,164


Page 1

 
CUBEX LAND (FRELD FILTON PM) LLP
REGISTERED NUMBER: OC446133
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 11 November 2024.




................................................
C A Allen
On behalf of Fiera Real Estate UK Limited
Designated member

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
CUBEX LAND (FRELD FILTON PM) LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE PERIOD ENDED 31 MARCH 2024







EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Members' capital (classified as equity)
Members' contributions
Total
Current account
Total
Total

£
£
£
£
£
£

Balance at 5 March 2023
 
-
-
-
-
-
-

Members remuneration charged as an expense
-
-
-
(24,704)
(24,704)
(24,704)

Members' contributions
-
375,768
375,768
-
-
375,768

Amounts introduced by members
100
-
100
-
-
100

Amounts due to members
(24,704)
(24,704)

Balance at 31 March 2024 
100
375,768
375,868
(24,704)
(24,704)
351,164

The notes on pages 4 to 7 form part of these financial statements.

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 3

 
CUBEX LAND (FRELD FILTON PM) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Cubex Land (FRELD Filton PM) LLP is a Limited Liability Partnership, registered in England and Wales, registration number OCC446133. The address of the registered office is Third Floor Queensberry House, 3Old Burlington Street, London, W1S 3AE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the LLP's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The LLP is currently reliant on its members for financial support. The members are committed to the sustainment of the LLP and its activities, and are confident that the LLP has the resources to continue operating for at least 12 months from the date the financial statements are authorised. The members have concluded that it is appropriate that the financial statements be prepared on a going concern basis.

  
2.3

Turnover

Turnover represents fees receivable net of VAT and share of partnership result.
Income is recognised as follows:
(i) Fees receivable - turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Where a contract has only been partially completed at the balance sheet date turnover represents the value of the services provided based on a proportion of the total expected consideration at completion.
(ii) Share of partnership result - upon realisation of the profit or loss in the partnership.

 
2.4

Valuation of investments

The valuation of the investment in the SPV is based on the entity's entitlement to the proportion of the net assets of the SPV after adjusting for the fair value of the stock held.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
CUBEX LAND (FRELD FILTON PM) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
CUBEX LAND (FRELD FILTON PM) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

3.


Members




The entity has no employees.


4.


Fixed asset investments





Investments
Loans to investments
Impairments in investments
Current account
Total

£
£
£
£
£



Cost or valuation


Additions
3
375,764
-
(148)
375,619


Revaluations
-
-
(21,004)
-
(21,004)



At 31 March 2024
3
375,764
(21,004)
(148)
354,615





5.


Debtors

2024
£


Trade debtors
38,610

Called up share capital not paid
100

38,710



6.


Cash and cash equivalents

2024
£

Less: bank overdrafts
(1)

(1)


Page 6

 
CUBEX LAND (FRELD FILTON PM) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
£

Bank overdrafts
1

Trade creditors
38,610

Accruals and deferred income
3,550

42,161



8.


Loans and other debts due to members


2024
£



Amounts owed by members in respect of loss
(24,704)

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.



 
Page 7