Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-30 2025-06-30 Spacecube structure hire, installations and logistics.12 2024-07-01 false 12 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13884069 2024-07-01 2025-06-30 13884069 2023-07-01 2024-06-30 13884069 2025-06-30 13884069 2024-06-30 13884069 c:Director1 2024-07-01 2025-06-30 13884069 d:Buildings d:LongLeaseholdAssets 2024-07-01 2025-06-30 13884069 d:Buildings d:LongLeaseholdAssets 2025-06-30 13884069 d:Buildings d:LongLeaseholdAssets 2024-06-30 13884069 d:PlantMachinery 2024-07-01 2025-06-30 13884069 d:PlantMachinery 2025-06-30 13884069 d:PlantMachinery 2024-06-30 13884069 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 13884069 d:MotorVehicles 2024-07-01 2025-06-30 13884069 d:MotorVehicles 2025-06-30 13884069 d:MotorVehicles 2024-06-30 13884069 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 13884069 d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 13884069 d:CurrentFinancialInstruments 2025-06-30 13884069 d:CurrentFinancialInstruments 2024-06-30 13884069 d:Non-currentFinancialInstruments 2025-06-30 13884069 d:Non-currentFinancialInstruments 2024-06-30 13884069 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 13884069 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 13884069 d:Non-currentFinancialInstruments d:AfterOneYear 2025-06-30 13884069 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 13884069 d:ShareCapital 2025-06-30 13884069 d:ShareCapital 2024-06-30 13884069 d:RetainedEarningsAccumulatedLosses 2025-06-30 13884069 d:RetainedEarningsAccumulatedLosses 2024-06-30 13884069 c:OrdinaryShareClass1 2024-07-01 2025-06-30 13884069 c:OrdinaryShareClass1 2025-06-30 13884069 c:OrdinaryShareClass1 2024-06-30 13884069 c:FRS102 2024-07-01 2025-06-30 13884069 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 13884069 c:FullAccounts 2024-07-01 2025-06-30 13884069 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 13884069 e:PoundSterling 2024-07-01 2025-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13884069 SPACECUBE UK LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2025
SPACECUBE UK LIMITED REGISTERED NUMBER: 13884069 BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 2,286,516 |  | 3,375,629
|  |  | 2,286,516 |  | 3,375,629
Current assets |  |  |  |  |
Stocks |  | 21,987 |  | 10,000 |
Debtors: amounts falling due within one year | 5 | 836,624 |  | 1,376,900 |
Cash at bank and in hand | 6 | 362,475 |  | 864,800 |
|  | 1,221,086 |  | 2,251,700 |
Creditors: amounts falling due within one year | 7 | (1,095,894) |  | (2,376,533) |
Net current assets/(liabilities) |  |  | 125,192 |  | (124,833)
Total assets less current liabilities |  |  | 2,411,708 |  | 3,250,796
Creditors: amounts falling due after more than one year | 8 |  | (5,739,719) |  | (5,952,589)
Net liabilities |  |  | (3,328,011) |  | (2,701,793)
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 1 |  | 1
Profit and loss account |  |  | (3,328,012) |  | (2,701,794)
|  |  | (3,328,011) |  | (2,701,793)
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SPACECUBE UK LIMITED REGISTERED NUMBER: 13884069 BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
M Davies
Director
Date: 26 February 2026
The notes on pages 3 to 7 form part of these financial statements. Page 2
SPACECUBE UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
Spacecube UK Limited is a private limited by shares, incorporated in United Kingdom (registered number: 13884069) The registered office of the company is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.The financial statements are presented in GBP, which is the functional currency of the company.. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results and the solvency of the company. Given that the company is in a net deficit position the director has obtained assurance from its beneficial owners to continue to provide adequate funds to meet its obligations and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
SPACECUBE UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.5 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Long-term leasehold property | - | 20% SL
|  |  |  | Plant and machinery | - | 5 - 33% SL
|  |  |  | Motor vehicles | - | 20% SL
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.6 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 4
SPACECUBE UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 12 (2024 - 12).
4. | Tangible fixed assets
|  | Long-term leasehold property | Plant and machinery | Motor vehicles | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 July 2024 | 36,571 | 3,590,016 | 37,458 | 3,664,045
| Additions | 1,346 | 325,290 | 18,539 | 345,175
| Disposals | - | (1,283,235) | (55,997) | (1,339,232)
| At 30 June 2025 | 37,917 | 2,632,071 | - | 2,669,988
| Depreciation |  |  |  |
| At 1 July 2024 | 8,946 | 264,487 | 14,983 | 288,416
| Charge for the year on owned assets | 7,538 | 203,377 | 3,746 | 214,661
| Disposals | - | (100,875) | (18,729) | (119,604)
| At 30 June 2025 | 16,484 | 366,989 | - | 383,473
| Net book value |  |  |  |
| At 30 June 2025 | 21,433 | 2,265,082 | - | 2,286,515
| At 30 June 2024 | 27,625 | 3,325,529 | 22,475 | 3,375,629
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SPACECUBE UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 551,425 | 1,080,976
| Amounts owed by group undertakings | 1 | 1
| Other debtors | 177,718 | 177,702
| Prepayments and accrued income | 107,480 | 118,221
|  | 836,624 | 1,376,900
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 362,475 | 864,800
|  | 362,475 | 864,800
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 191,618 | 462,801
| Other taxation and social security | 178,938 | 49,035
| Obligations under finance lease and hire purchase contracts | - | 7,659
| Other creditors | 16,615 | 2,029
| Accruals and deferred income | 708,723 | 1,855,009
|  | 1,095,894 | 2,376,533
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Net obligations under finance leases and hire purchase contracts | - | 11,129
| Amounts owed to group undertakings | 5,739,719 | 5,941,460
|  | 5,739,719 | 5,952,589
Page 6
SPACECUBE UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Authorised, allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £0.01 each | 1 | 1
10. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £7,511 (2024: £9,318). Contributions totalling £939 (2024: £2,029) were payable to the fund at the reporting date and are included in creditors.
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