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Company Registration No. 04746388 (England and Wales)
CUBIT CONSULTING LIMITED Unaudited accounts for the year ended 30 April 2024
CUBIT CONSULTING LIMITED Unaudited accounts Contents
Page
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CUBIT CONSULTING LIMITED Company Information for the year ended 30 April 2024
Directors
David Harding Martin Aarons Carlo Lemmetti Liam Dewhurst
Secretary
Martin Aarons
Company Number
04746388 (England and Wales)
Registered Office
13-21 CURTAIN ROAD LONDON EC2A 3LT ENGLAND
Accountants
MICHAEL HOWELL FIAB 83 Watchouse Road Chelmsford ESSEX CM2 8LT
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CUBIT CONSULTING LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,424 
15,793 
Current assets
Debtors
709,983 
603,782 
Cash at bank and in hand
448,438 
612,669 
1,158,421 
1,216,451 
Creditors: amounts falling due within one year
(576,682)
(523,440)
Net current assets
581,739 
693,011 
Net assets
595,163 
708,804 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
595,161 
708,802 
Shareholders' funds
595,163 
708,804 
For the year ending 30 April 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by
David Harding Director Company Registration No. 04746388
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CUBIT CONSULTING LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
CUBIT CONSULTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04746388. The registered office is 13-21 CURTAIN ROAD, LONDON, EC2A 3LT, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
86,830 
At 30 April 2024
86,830 
Depreciation
At 1 May 2023
71,037 
Charge for the year
2,369 
At 30 April 2024
73,406 
Net book value
At 30 April 2024
13,424 
At 30 April 2023
15,793 
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CUBIT CONSULTING LIMITED Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
697,983 
603,782 
Accrued income and prepayments
12,000 
- 
709,983 
603,782 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
70,000 
97,500 
VAT
201,316 
170,245 
Trade creditors
14,367 
11,130 
Taxes and social security
259,360 
212,926 
Loans from directors
31,639 
31,639 
576,682 
523,440 
7
Average number of employees
During the year the average number of employees was 12 (2023: 12).
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