PLACECUBE LIMITED

Company Registration Number:
09914106 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

PLACECUBE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

PLACECUBE LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Fixed assets
Intangible assets: 3 2,141,968 2,058,881
Tangible assets: 4 19,229 31,470
Investments: 5 2,759,011 2,759,011
Total fixed assets: 4,920,208 4,849,362
Current assets
Debtors: 6 731,864 1,275,904
Cash at bank and in hand: 187,260 350,248
Total current assets: 919,124 1,626,152
Creditors: amounts falling due within one year: 7 ( 2,338,495 ) ( 2,255,935 )
Net current assets (liabilities): (1,419,371) (629,783)
Total assets less current liabilities: 3,500,837 4,219,579
Creditors: amounts falling due after more than one year: 8 ( 2,133,849 ) ( 2,006,555 )
Accruals and deferred income: ( 1,068,596 ) ( 1,533,507 )
Total net assets (liabilities): 298,392 679,517
Capital and reserves
Called up share capital: 1,882 1,882
Share premium account: 1,281,153 1,281,153
Profit and loss account: (984,643 ) (603,518 )
Total Shareholders' funds: 298,392 679,517

The notes form part of these financial statements

PLACECUBE LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 26 September 2025
and signed on behalf of the board by:

Name: Jason Fahy
Status: Director

The notes form part of these financial statements

PLACECUBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PLACECUBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 26 31

PLACECUBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2024 3,335,910 3,335,910
Additions 695,412 695,412
Disposals
Revaluations
Transfers
At 31 December 2024 4,031,322 4,031,322
Amortisation
At 1 January 2024 1,277,029 1,277,029
Charge for year 612,325 612,325
On disposals
Other adjustments
At 31 December 2024 1,889,354 1,889,354
Net book value
At 31 December 2024 2,141,968 2,141,968
At 31 December 2023 2,058,881 2,058,881

PLACECUBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 76,164 76,164
Additions 3,168 3,168
Disposals
Revaluations
Transfers
At 31 December 2024 79,332 79,332
Depreciation
At 1 January 2024 44,694 44,694
Charge for year 15,409 15,409
On disposals
Other adjustments
At 31 December 2024 60,103 60,103
Net book value
At 31 December 2024 19,229 19,229
At 31 December 2023 31,470 31,470

PLACECUBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed assets investments note

The investment relates to 100% ownership of PFI Knowledge Solutions Limited (Reg No 04628701) and 100% ownership of Porism Limited (Reg No 02192915)

PLACECUBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Debtors

2024 2023
£ £
Trade debtors 235,357 715,175
Prepayments and accrued income 269,909 334,131
Other debtors 226,598 226,598
Total 731,864 1,275,904

PLACECUBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 2,132,239 1,940,691
Taxation and social security 199,264 197,362
Other creditors 6,992 117,882
Total 2,338,495 2,255,935

Trade creditors includes amounts due to other group companies, PFIKS (Reg No 04628701) of £1,258,842 (2023 : £1,258,481) and Porism Limited (Reg No 02192915) of £752,595 (2023 : £361,588)

PLACECUBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 2,133,849 2,006,555
Total 2,133,849 2,006,555

Other creditors due over 1 year as at December 2024 relates to loans from shareholders. Interest is payable at 7% from Nov 24 (previously 6%). Capital and interest are repayable at the maturity date. At December 2023, £2006,555 related to loans from shareholders.