Company Registration No. 12172541 (England and Wales)
Cube AX Limited
Unaudited accounts
for the year ended 31 March 2025
Cube AX Limited
Statement of financial position
as at 31 March 2025
Tangible assets
3,708
5,158
Cash at bank and in hand
18,077
8,203
Creditors: amounts falling due within one year
(60,977)
(36,445)
Net current assets/(liabilities)
4,976
(2,521)
Total assets less current liabilities
8,684
7,193
Creditors: amounts falling due after more than one year
-
(1,083)
Provisions for liabilities
Called up share capital
3
3
Profit and loss account
7,976
5,127
Shareholders' funds
7,979
5,130
For the year ending 31 March 2025 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 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 of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by
C L Siddall
Director
Company Registration No. 12172541
Cube AX Limited
Notes to the Accounts
for the year ended 31 March 2025
Cube AX Limited is a private company, limited by shares, registered in England and Wales, registration number 12172541. The registered office is Organia House, Bradford Road, GUISELEY, West Yorkshire, LS20 8NH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. .
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25.00% Straight Line
Fixtures & fittings
25.00% Straight Line
Computer equipment
33.33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Cube AX Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
4,903
5,247
7,489
17,639
At 31 March 2025
4,903
5,247
9,611
19,761
At 1 April 2024
3,492
4,143
4,846
12,481
Charge for the year
726
753
2,093
3,572
At 31 March 2025
4,218
4,896
6,939
16,053
At 31 March 2025
685
351
2,672
3,708
At 31 March 2024
1,411
1,104
2,643
5,158
Amounts falling due within one year
Trade debtors
39,497
21,129
Accrued income and prepayments
2,555
1,871
Cube AX Limited
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
1,437
Trade creditors
8,861
2,416
Taxes and social security
12,643
8,791
Loans from directors
181
-
8
Creditors: amounts falling due after more than one year
2025
2024
9
Transactions with related parties
During the year dividends were paid to the Directors of £37,111 (2024 - £25,660)
10
Average number of employees
During the year the average number of employees was 3 (2024: 2).