Cubitus Consulting Limited 12447541 false 2024-03-01 2025-02-28 2025-02-28 The principal activity of the company is the provision of management consultancy Digita Accounts Production Advanced 6.30.9574.0 true true 12447541 2024-03-01 2025-02-28 12447541 2025-02-28 12447541 core:CurrentFinancialInstruments 2025-02-28 12447541 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 12447541 core:FurnitureFittingsToolsEquipment 2025-02-28 12447541 bus:SmallEntities 2024-03-01 2025-02-28 12447541 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 12447541 bus:FilletedAccounts 2024-03-01 2025-02-28 12447541 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 12447541 bus:RegisteredOffice 2024-03-01 2025-02-28 12447541 bus:Director1 2024-03-01 2025-02-28 12447541 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 12447541 core:OfficeEquipment 2024-03-01 2025-02-28 12447541 countries:EnglandWales 2024-03-01 2025-02-28 12447541 2024-02-29 12447541 core:FurnitureFittingsToolsEquipment 2024-02-29 12447541 2023-03-01 2024-02-29 12447541 2024-02-29 12447541 core:CurrentFinancialInstruments 2024-02-29 12447541 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 iso4217:GBP xbrli:pure

Registration number: 12447541

Cubitus Consulting Limited

Unaudited Filleted Financial Statements

for the Year Ended 28 February 2025

 

Cubitus Consulting Limited

(Registration number: 12447541)
Balance Sheet as at 28 February 2025

Note

2025
£

2024
£

Current assets

 

Debtors

551

450

Cash at bank and in hand

 

21

23

 

572

473

Creditors: Amounts falling due within one year

(10,158)

(8,227)

Net liabilities

 

(9,586)

(7,754)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(9,587)

(7,755)

Shareholders' deficit

 

(9,586)

(7,754)

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 June 2025
 

.........................................
G Desforges
Director

 

Cubitus Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Stable House
Haugh End Park
Haugh End Lane
Sowerby Bridge
HX6 3BJ

These financial statements were authorised for issue by the director on 25 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company has net liabilities. The Director has provided assurances that he will continue to meet all liabilities as and when they fall due. As such, the financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

50% - straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Cubitus Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 March 2024

2,707

2,707

At 28 February 2025

2,707

2,707

Depreciation

At 1 March 2024

2,707

2,707

At 28 February 2025

2,707

2,707

Carrying amount

At 28 February 2025

-

-