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REGISTERED NUMBER: OC309499 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hanover Cube LLP

Hanover Cube LLP (Registered number: OC309499)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 5


Hanover Cube LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: P Boden
C B Richards





REGISTERED OFFICE: Pippins
Cherry Drive
Beaconsfield
Buckinghamshire
HP9 1XP





REGISTERED NUMBER: OC309499 (England and Wales)





ACCOUNTANTS: Friends.Tax LLP
Pippins
Cherry Drive
Forty Green
Beaconsfield
Buckinghamshire
HP9 1XP

Hanover Cube LLP (Registered number: OC309499)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 7,749 10,699
Tangible assets 5 31,491 45,556
39,240 56,255

CURRENT ASSETS
Stocks 26,000 -
Debtors 6 95,268 154,245
Cash at bank 107,275 216,164
228,543 370,409
CREDITORS
Amounts falling due within one
year

7

27,632

45,834
NET CURRENT ASSETS 200,911 324,575
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

240,151

380,830

Hanover Cube LLP (Registered number: OC309499)

Balance Sheet - continued
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
LOANS AND OTHER DEBTS DUE
TO MEMBERS

8

90,151

180,830

MEMBERS' OTHER INTERESTS
Capital accounts 150,000 200,000
240,151 380,830

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

8

90,151

180,830
Members' other interests 150,000 200,000
Amounts due from members 6 (3 ) (32,900 )
240,148 347,930

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

Hanover Cube LLP (Registered number: OC309499)

Balance Sheet - continued
31 March 2025

(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 2 June 2025 and were signed by:




P Boden - Designated member




C B Richards - Designated member


Hanover Cube LLP (Registered number: OC309499)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Hanover Cube LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

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 - 25% on reducing balance

Hanover Cube LLP (Registered number: OC309499)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4. INTANGIBLE FIXED ASSETS

Intangible assets are initially recognized at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortization and ay accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Amortization is provided on the following basis:

Computer software: 10% straight line.

Hanover Cube LLP (Registered number: OC309499)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 233,344
DEPRECIATION
At 1 April 2024 187,788
Charge for year 14,065
At 31 March 2025 201,853
NET BOOK VALUE
At 31 March 2025 31,491
At 31 March 2024 45,556

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.25 31.3.24
£    £   
Trade debtors 92,700 100,500
Amounts owed by group undertakings 2,565 2,565
Other debtors 3 51,180
95,268 154,245

Hanover Cube LLP (Registered number: OC309499)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 3,379 2,797
Taxation and social security 24,253 43,037
27,632 45,834

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

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

In the event of winding up, loans and other debts due to members, other than members capital classified as debt, would rank equally with unsecured creditors.