Company Registration No. 07246310 (England and Wales)
Cube Construction (Southern) Limited
Unaudited accounts
for the year ended 31 December 2017
Cube Construction (Southern) Limited
Unaudited accounts
Contents
Cube Construction (Southern) Limited
Company Information
for the year ended 31 December 2017
Company Number
07246310 (England and Wales)
Accountants
Evans Entwistle
432 Gloucester Rd
Bristol
BS7 8TX
Cube Construction (Southern) Limited
Statement of financial position
as at
31 December 2017
Tangible assets
58,418
60,196
Inventories
692,360
409,990
Cash at bank and in hand
25,985
120,077
Creditors: amounts falling due within one year
(887,585)
(800,706)
Net current assets
198,300
38,983
Total assets less current liabilities
256,718
99,179
Creditors: amounts falling due after more than one year
(107,267)
(83,130)
Net assets
149,451
16,049
Called up share capital
1,000
1,000
Profit and loss account
148,451
15,049
Shareholders' funds
149,451
16,049
For the year ending 31 December 2017 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 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 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.
Approved by the Board on 14 March 2019.
A Spliller
Director
Company Registration No. 07246310
Cube Construction (Southern) Limited
Notes to the Accounts
for the year ended 31 December 2017
Cube Construction (Southern) Limited is a private company, limited by shares, registered in England and Wales, registration number 07246310.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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% on Cost
Motor vehicles
25% on Cost
Fixtures & fittings
20% on Cost
4
Intangible fixed assets
Goodwill
Other
Total
At 1 January 2017
1,000
4
1,004
At 31 December 2017
1,000
4
1,004
At 1 January 2017
1,000
4
1,004
At 31 December 2017
1,000
4
1,004
At 31 December 2017
-
-
-
Cube Construction (Southern) Limited
Notes to the Accounts
for the year ended 31 December 2017
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2017
1,468
106,021
10,244
117,733
Additions
1,272
28,966
1,438
31,676
At 31 December 2017
2,740
134,987
11,682
149,409
At 1 January 2017
417
47,757
9,363
57,537
Charge for the year
726
32,663
65
33,454
At 31 December 2017
1,143
80,420
9,428
90,991
At 31 December 2017
1,597
54,567
2,254
58,418
At 31 December 2016
1,051
58,264
881
60,196
Finished goods
692,360
409,990
Trade debtors
117,219
78,206
Accrued income and prepayments
19,050
8,745
Other debtors
231,271
222,671
8
Creditors: amounts falling due within one year
2017
2016
Trade creditors
407,167
555,219
Taxes and social security
475,311
239,816
Other creditors
607
2,171
9
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
107,267
83,130
10
Transactions with related parties
At the year end the company owed Severnview Commercial Properties Ltd £227,681 (2016 2200881).
A company under common control.
Cube Construction (Southern) Limited
Notes to the Accounts
for the year ended 31 December 2017
11
Average number of employees
During the year the average number of employees was 0 (2016: 0).