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REGISTERED NUMBER: 12084457 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Cubex LED UK Ltd

Cubex LED UK Ltd (Registered number: 12084457)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cubex LED UK Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: K S Sachdeva





REGISTERED OFFICE: 914-918 Uxbridge Road
Hayes
Middlesex
UB4 0RW





REGISTERED NUMBER: 12084457 (England and Wales)





ACCOUNTANTS: SK Associates Ltd
1 Agincourt Villas
Uxbridge Road
Hillingdon
Middlesex
UB10 0NX

Cubex LED UK Ltd (Registered number: 12084457)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 28,261 46,711

CURRENT ASSETS
Stocks 109,374 168,412
Debtors 5 308,027 148,340
Prepayments and accrued income 11,133 11,541
Cash at bank and in hand 35,143 59,596
463,677 387,889
CREDITORS
Amounts falling due within one year 6 323,153 302,952
NET CURRENT ASSETS 140,524 84,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,785

131,648

CREDITORS
Amounts falling due after more than
one year

7

-

32,765
NET ASSETS 168,785 98,883

Cubex LED UK Ltd (Registered number: 12084457)

Balance Sheet - continued
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 4
Retained earnings 168,685 98,879
168,785 98,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2025 and were signed by:





K S Sachdeva - Director


Cubex LED UK Ltd (Registered number: 12084457)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Cubex LED UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Cubex LED UK Ltd (Registered number: 12084457)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023 21,746 39,008 60,754
Additions - 3,019 3,019
Disposals - (19,840 ) (19,840 )
At 31 July 2024 21,746 22,187 43,933
DEPRECIATION
At 1 August 2023 - 14,043 14,043
Charge for year - 1,629 1,629
At 31 July 2024 - 15,672 15,672
NET BOOK VALUE
At 31 July 2024 21,746 6,515 28,261
At 31 July 2023 21,746 24,965 46,711

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 45,999 -
Other debtors 262,028 148,340
308,027 148,340

Cubex LED UK Ltd (Registered number: 12084457)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 21,595 10,648
Hire purchase contracts - 6,428
Trade creditors 67,247 41,124
Taxation and social security 64,526 60,048
Other creditors 169,785 184,704
323,153 302,952

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans - 20,919
Hire purchase contracts - 11,846
- 32,765

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
K S Sachdeva
Balance outstanding at start of year - -
Amounts advanced 298 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 298 -