Company Registration No. 12620801 (England and Wales)
Cubic One Holdings Limited
Unaudited accounts
for the year ended 30 September 2023
Cubic One Holdings Limited
Unaudited accounts
Contents
Cubic One Holdings Limited
Company Information
for the year ended 30 September 2023
Director
Mr Brett David Fielder
Company Number
12620801 (England and Wales)
Registered Office
The Limes
Bayshill Road
Cheltenham
GL50 3AW
England
Cubic One Holdings Limited
Statement of financial position
as at 30 September 2023
Intangible assets
2,086
2,086
Tangible assets
32,279
3,626
Cash at bank and in hand
186,480
309,825
Creditors: amounts falling due within one year
(650)
(3,592)
Net current assets
189,783
309,658
Net assets
224,248
315,470
Called up share capital
30,401
30,401
Profit and loss account
193,847
285,069
Shareholders' funds
224,248
315,470
For the year ending 30 September 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 30 October 2024 and were signed on its behalf by
Mr Brett David Fielder
Director
Company Registration No. 12620801
Cubic One Holdings Limited
Notes to the Accounts
for the year ended 30 September 2023
Cubic One Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 12620801. The registered office is The Limes, Bayshill Road, Cheltenham, GL50 3AW, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line
Computer equipment
20% straight line
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date.
Negative goodwill arising on an acquisition is recognised on the face of the balance sheet on the acquisition date and subsequently the excess up to the fair value of non-monetary assets acquired is recognised in profit or loss in the periods in which the non-monetary assets are recovered.
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cubic One Holdings Limited
Notes to the Accounts
for the year ended 30 September 2023
4
Intangible fixed assets
Other
At 30 September 2023
2,086
At 30 September 2023
2,086
At 30 September 2022
2,086
5
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
-
6,992
6,992
At 30 September 2023
33,391
6,992
40,383
At 1 October 2022
-
3,366
3,366
Charge for the year
3,339
1,399
4,738
At 30 September 2023
3,339
4,765
8,104
At 30 September 2023
30,052
2,227
32,279
At 30 September 2022
-
3,626
3,626
6
Investments
Subsidiary undertakings
Valuation at 1 October 2022
100
Valuation at 30 September 2023
100
Amounts falling due within one year
Cubic One Holdings Limited
Notes to the Accounts
for the year ended 30 September 2023
8
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
692
Details of undertakings:
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Subsidiary undertakings:
Hunt4Holidays Limited - Owns 100% share capital
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).