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Company Registration No. 13476831 (England and Wales)
CUBIC (LEEDS) LIMITED Unaudited accounts for the year ended 31 December 2024
CUBIC (LEEDS) LIMITED Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Investment property
4
5,025,000
4,785,000
Current assets
Debtors
5
36,499
44,385
Cash at bank and in hand
67,471
60,715
103,970
105,100
Creditors: amounts falling due within one year
6
(47,475)
(64,118)
Net current assets
56,495
40,982
Total assets less current liabilities
5,081,495
4,825,982
Creditors: amounts falling due after more than one year
7
(3,505,196)
(3,440,010)
Provisions for liabilities
Deferred tax
(90,554)
(48,205)
Net assets
1,485,745
1,337,767
Capital and reserves
Called up share capital
1,201,000
1,201,000
Profit and loss account
284,745
136,767
Shareholders' funds
1,485,745
1,337,767
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2025 and were signed on its behalf by
Christos Dimitriadis Director Company Registration No. 13476831
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CUBIC (LEEDS) LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
CUBIC (LEEDS) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13476831. The registered office is 60 WELBECK STREET, LONDON, W1G 9XB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024
£
Fair value at 1 January 2024
4,785,000
Additions
240,000
At 31 December 2024
5,025,000
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
14,042
2,604
Accrued income and prepayments
22,457
41,781
36,499
44,385
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
14,361
12,188
Other creditors
26,858
38,191
Accruals
6,256
13,739
47,475
64,118
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
2,675,782
2,677,419
Amounts owed to group undertakings and other participating interests
829,414
759,850
Accruals
-
2,741
3,505,196
3,440,010
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CUBIC (LEEDS) LIMITED Notes to the Accounts for the year ended 31 December 2024
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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