Acorah Software Products - Accounts Production 16.1.300 false true true 31 August 2023 1 September 2022 false 7 January 2025 1 September 2023 31 August 2024 31 August 2024 06489127 Mr Daniel White Mr Leendert Van Winden WW Holding BV true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06489127 2023-08-31 06489127 2024-08-31 06489127 2023-09-01 2024-08-31 06489127 frs-core:CurrentFinancialInstruments 2024-08-31 06489127 frs-core:ComputerEquipment 2024-08-31 06489127 frs-core:ComputerEquipment 2023-09-01 2024-08-31 06489127 frs-core:ComputerEquipment 2023-08-31 06489127 frs-core:MotorVehicles 2024-08-31 06489127 frs-core:MotorVehicles 2023-09-01 2024-08-31 06489127 frs-core:MotorVehicles 2023-08-31 06489127 frs-core:ShareCapital 2024-08-31 06489127 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06489127 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06489127 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06489127 frs-bus:SmallEntities 2023-09-01 2024-08-31 06489127 frs-bus:Audited 2023-09-01 2024-08-31 06489127 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06489127 1 2023-09-01 2024-08-31 06489127 frs-bus:Director1 2023-09-01 2024-08-31 06489127 frs-bus:Director2 2023-09-01 2024-08-31 06489127 frs-countries:EnglandWales 2023-09-01 2024-08-31 06489127 2022-08-31 06489127 2023-08-31 06489127 2022-09-01 2023-08-31 06489127 frs-core:CurrentFinancialInstruments 2023-08-31 06489127 frs-core:ShareCapital 2023-08-31 06489127 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 06489127
Cube Bikes UK Ltd
Financial Statements
For The Year Ended 31 August 2024
Lsd Accountants Ltd
Chartered Accountants
23 Stockwood Business Park
Redditch
Worcestershire
B96 6SX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 06489127
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 64,160 78,754
64,160 78,754
CURRENT ASSETS
Debtors 5 57,253 89,393
Cash at bank and in hand 146,176 67,987
203,429 157,380
Creditors: Amounts Falling Due Within One Year 6 (38,182 ) (34,966 )
NET CURRENT ASSETS (LIABILITIES) 165,247 122,414
TOTAL ASSETS LESS CURRENT LIABILITIES 229,407 201,168
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,234 ) (15,795 )
NET ASSETS 215,173 185,373
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 215,172 185,372
SHAREHOLDERS' FUNDS 215,173 185,373
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
Mr Leendert Van Winden
Director
07/01/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Cube Bikes UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06489127 . The registered office is 23 Stockwood Business Park, Stockwood, Redditch, B96 6SX.

The financial statements are prepared in sterling, which is the functional currency of the company.
Monetary amounts in these financial statements are rounded to the nearest £.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future due to the fact that the company has the continued support of the group. The directors have been given assurance that this support will continue for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover represents commissions receivable and costs recharged, excluding value added tax.
2.4. 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:
Motor Vehicles 20% per annum straight line basis
Computer Equipment 25% per annum straight line basis
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is credited or charged to profit or loss
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other year 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
Page 2
Page 3
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 109,382 - 109,382
Additions - 1,538 1,538
As at 31 August 2024 109,382 1,538 110,920
Depreciation
As at 1 September 2023 30,628 - 30,628
Provided during the period 15,876 256 16,132
As at 31 August 2024 46,504 256 46,760
Net Book Value
As at 31 August 2024 62,878 1,282 64,160
As at 1 September 2023 78,754 - 78,754
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 8,217 -
Other debtors 11,493 10,880
Amounts owed by group undertakings 37,543 78,513
57,253 89,393
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 987 362
Corporation tax 7,742 -
VAT - 70
Net wages 3 3
Other creditors 29,450 34,531
38,182 34,966
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Ordinary shares of £1 each
8. Ultimate Controlling Party
The company is a wholly owned subsidiary of WW Holding BV a Company registered at Molenbaan 3,
Capelle aan den IJssel, 2908LL, Netherlands.

The financial statements of the company are consolidated in the financial statements of WW Holding BV.
These consolidated financial statements are available from its registered office.
Page 3
Page 4
9. Audit Information
The auditor's report on the accounts of Cube Bikes UK Ltd for the year ended 31 August 2024 was unqualified.
The auditor's report was signed by Rachel Davis BA FCA (Senior Statutory Auditor) for and on behalf of Just Audit Limited, Chartered Accountants , Statutory Auditor.
Just Audit Limited, Chartered Accountants
Strelley Hall
Main Street
Strelley
Nottingham
NG8 6PE
Page 4