Company Registration No. 07246310 (England and Wales)
Cube Construction (Southern) Limited
Unaudited accounts
for the year ended 31 December 2018
Cube Construction (Southern) Limited
Unaudited accounts
Contents
Cube Construction (Southern) Limited
Company Information
for the year ended 31 December 2018
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 2018
Tangible assets
77,457
58,418
Inventories
692,911
692,360
Cash at bank and in hand
157,729
25,985
Creditors: amounts falling due within one year
(1,040,758)
(887,585)
Net current assets
182,347
198,300
Total assets less current liabilities
259,804
256,718
Creditors: amounts falling due after more than one year
(23,041)
(107,267)
Net assets
236,763
149,451
Called up share capital
1,000
1,000
Profit and loss account
235,763
148,451
Shareholders' funds
236,763
149,451
For the year ending 31 December 2018 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 13 March 2019.
A Spliller
Director
Company Registration No. 07246310
Cube Construction (Southern) Limited
Notes to the Accounts
for the year ended 31 December 2018
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 2018
1,000
4
1,004
At 31 December 2018
1,000
4
1,004
At 1 January 2018
1,000
4
1,004
At 31 December 2018
1,000
4
1,004
At 31 December 2018
-
-
-
Cube Construction (Southern) Limited
Notes to the Accounts
for the year ended 31 December 2018
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2018
2,740
134,987
11,682
149,409
Additions
-
43,304
3,001
46,305
At 31 December 2018
2,740
178,291
14,683
195,714
At 1 January 2018
1,143
80,420
9,428
90,991
Charge for the year
405
25,969
892
27,266
At 31 December 2018
1,548
106,389
10,320
118,257
At 31 December 2018
1,192
71,902
4,363
77,457
At 31 December 2017
1,597
54,567
2,254
58,418
Finished goods
692,911
692,360
Trade debtors
30,469
117,219
Accrued income and prepayments
5,953
19,050
Other debtors
336,043
231,271
8
Creditors: amounts falling due within one year
2018
2017
Trade creditors
467,754
407,167
Taxes and social security
564,855
475,311
Other creditors
2,149
607
9
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
23,041
107,267
Cube Construction (Southern) Limited
Notes to the Accounts
for the year ended 31 December 2018
10
Transactions with related parties
At the year end the company owed Severnview Commercial Properties Ltd £268286 (2017 227681). A company under common control.
At the year end the company owed 5 & 7 Robertson Road Ltd £64,167 (2017 Nil). A company under common control.
11
Average number of employees
During the year the average number of employees was 10 (2017: 11).