Cubex (UK) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07778486

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		3,743		4,519

			3,743		4,519
CURRENT ASSETS
Debtors	6	335,988		369,640
Cash at bank and in hand		151,835		127,212

		487,823		496,852
Creditors: Amounts Falling Due Within One Year	7	(110,658 )		(167,695 )

NET CURRENT ASSETS (LIABILITIES)			377,165		329,157

TOTAL ASSETS LESS CURRENT LIABILITIES			380,908		333,676

Creditors: Amounts Falling Due After More Than One Year	8		(286,000 )		(276,000 )

NET ASSETS			94,908		57,676

CAPITAL AND RESERVES
Called up share capital	9		1,200		1,200
Profit and Loss Account			93,708		56,476

SHAREHOLDERS' FUNDS			94,908		57,676

Page 1

Page 2

Cubex (UK) Ltd

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 member has 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.

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 Charles Devenish

Director

23 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Cubex (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07778486 . The registered office is Prospect House, Huyton Church Road, Huyton, Merseyside, L36 5SH.

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. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts and is adjusted for work in progress.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business in 2013 and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% and 15% on reducing balance
Fixtures & Fittings	20% on reducing balance

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2023: 7)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	500,000

As at 31 December 2024	500,000

Amortisation
As at 1 January 2024	500,000

As at 31 December 2024	500,000

...CONTINUED

Page 3

Page 4

Cubex (UK) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	15,783	6,631	22,414

As at 31 December 2024	15,783	6,631	22,414

Depreciation
As at 1 January 2024	13,122	4,773	17,895
Provided during the period	405	371	776

As at 31 December 2024	13,527	5,144	18,671

Net Book Value
As at 31 December 2024	2,256	1,487	3,743

As at 1 January 2024	2,661	1,858	4,519

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	165,883	183,168
Prepayments and accrued income	689	-
Other debtors	2,390	190
Deferred tax current asset	166,261	186,282
VAT	765	-

	335,988	369,640

The provision for deferred taxation is made up of accelerated capital allowances of (£936) (2023: (£1,130)) and tax losses £167,197 (2023: £187,412).

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	76,376	104,411
Other taxes and social security	11,215	7,457
VAT	-	41,679
Other creditors	5,669	1,729
Accruals and deferred income	7,268	2,634
Director's loan account	10,130	9,785

	110,658	167,695

Page 4

Page 5

Cubex (UK) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

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

	2024	2023
	£	£
Directors loan account	286,000	276,000

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,200	1,200

10. Ultimate Controlling Party

The company's ultimate controlling party is the director, Charles Devenish by virtue of his ownership of 100% of the issued share capital in the company.