Cubana (UK) Limited

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 05661093

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		411		825
Investments	5		642,266		642,266

			642,677		643,091
CURRENT ASSETS
Debtors	6	(4,224 )		(4,224 )
Cash at bank and in hand		913		913

		(3,311 )		(3,311 )
Creditors: Amounts Falling Due Within One Year	7	(252 )		(252 )

NET CURRENT ASSETS (LIABILITIES)			(3,563 )		(3,563 )

TOTAL ASSETS LESS CURRENT LIABILITIES			639,114		639,528

Creditors: Amounts Falling Due After More Than One Year	8		(124,010 )		(124,010 )

NET ASSETS			515,104		515,518

CAPITAL AND RESERVES
Called up share capital	9		122,645		122,645
Share premium account			1,544,552		1,544,552
Profit and Loss Account			(1,152,093 )		(1,151,679 )

SHAREHOLDERS' FUNDS			515,104		515,518

Page 1

Page 2

Cubana (UK) Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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.

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 Phillip Oppenheim

Director

15/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Cubana (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05661093 . The registered office is 48 Lower Marsh Lower Marsh, London, SE1 7RG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are amortised to the profit and loss account over its estimated economic life of 10 years.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	4,137

As at 31 December 2024	4,137

Amortisation
As at 1 January 2024	3,312
Provided during the period	414

As at 31 December 2024	3,726

Net Book Value
As at 31 December 2024	411

As at 1 January 2024	825

5. Investments

	Subsidiaries	Unlisted	Total
	£	£	£
Cost
As at 1 January 2024	642,256	10	642,266

As at 31 December 2024	642,256	10	642,266

Provision
As at 1 January 2024	-	-	-

As at 31 December 2024	-	-	-

Net Book Value
As at 31 December 2024	642,256	10	642,266

As at 1 January 2024	642,256	10	642,266

Page 3

Page 4

Cubana (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	(8,264 )	(8,264 )
Other debtors	4,040	4,040

	(4,224 )	(4,224 )

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	(1 )	(1 )
Other creditors	153	153
Directors' loan accounts	100	100

	252	252

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	1,906	1,278,843
Shareholder loans	164,497	-
Amounts owed to group undertakings	(42,393 )	(1,154,833 )

	124,010	124,010

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	122,645	122,645