Kube Property Investments Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13559171

Kube Property Investments Ltd

Filleted Unaudited Financial Statements

31 August 2025

Kube Property Investments Ltd

Statement of Financial Position

31 August 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4	3,401	4,564
Investments	5	260,000	260,000
		----------	----------
		263,401	264,564

Current assets

Debtors	6	87,773	87,170
Cash at bank and in hand		2,679	2,113
		---------	---------
		90,452	89,283

Creditors: amounts falling due within one year	7	294,204		291,161
		----------		----------
Net current liabilities			203,752	201,878
			----------	----------
Total assets less current liabilities			59,649	62,686

Creditors: amounts falling due after more than one year	8	191,216	191,230
		----------	----------
Net liabilities		( 131,567)	( 128,544)
		----------	----------

Capital and reserves

Called up share capital	9	1	1
Profit and loss account		( 131,568)	( 128,545)
		----------	----------
Shareholders deficit		( 131,567)	( 128,544)
		----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31st August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Kube Property Investments Ltd

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 27 August 2026 , and are signed on behalf of the board by:

Mr R Kubilius
Director

Company registration number: 13559171

Kube Property Investments Ltd

Notes to the Financial Statements

Year ended 31st August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ivy Cottage, The Hill, Grinshill, Shrewsbury, SY4 3BU.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	33% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Tangible assets

	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1st September 2024 and 31st August 2025	1,111	5,250	816	7,177
	-------	-------	----	-------
Depreciation
At 1st September 2024	434	1,641	538	2,613
Charge for the year	169	902	92	1,163
	-------	-------	----	-------
At 31st August 2025	603	2,543	630	3,776
	-------	-------	----	-------
Carrying amount
At 31st August 2025	508	2,707	186	3,401
	-------	-------	----	-------
At 31st August 2024	677	3,609	278	4,564
	-------	-------	----	-------

5. Investments

	Other investments other than loans
	£
Cost
At 1st September 2024 and 31st August 2025	260,000
	----------
Impairment
At 1st September 2024 and 31st August 2025	–
	----------

Carrying amount
At 31st August 2025	260,000
	----------
At 31st August 2024	260,000
	----------

On 31st August 2025 the investment property was revalued by Mr R Kubilius , a director of the company on an open market value basis in the sum of £260,000.

6. Debtors

	2025	2024
	£	£
Other debtors	87,773	87,170
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,260	–
Other creditors	292,944	291,161
	----------	----------
	294,204	291,161
	----------	----------

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

	2025	2024
	£	£
Bank loans and overdrafts	191,216	191,230
	----------	----------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----

10. Other financial commitments

The company has entered into an operating lease of which instalments totalling £ 8,800 remain outstanding at the balance sheet date.

11. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr R Kubilius	( 267,346)	–	( 2,823)	( 270,169)
	----------	----	-------	----------

	2024
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr R Kubilius	( 269,812)	( 11,603)	14,069	( 267,346)
	----------	---------	---------	----------

The non-interest bearing loan is repayable on demand

12. Going concern

The financial statements have been prepared on a going concern basis which assumes the continued support of the director.