Doublecube Limited - Accounts to registrar (filleted) - small 18.2

Doublecube Limited - Accounts to registrar (filleted) - small 18.2

DOUBLECUBE LIMITED - Company Information

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REGISTERED NUMBER: 06739122 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2018

FOR

DOUBLECUBE LIMITED
DOUBLECUBE LIMITED (REGISTERED NUMBER: 06739122)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOUBLECUBE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2018







DIRECTOR: D J Wood





REGISTERED OFFICE: Windover House
St. Ann Street
Salisbury
SP1 2DR





REGISTERED NUMBER: 06739122 (England and Wales)





ACCOUNTANTS: Fawcetts LLP
Chartered Accountants
Windover House
St. Ann Street
Salisbury
SP1 2DR
Page 1
DOUBLECUBE LIMITED (REGISTERED NUMBER: 06739122)

BALANCE SHEET
30 NOVEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,123 5,486

CURRENT ASSETS
Debtors 5 1,995 7,147
Cash at bank 26,336 15,023
28,331 22,170
CREDITORS
Amounts falling due within one year 6 875 1,111
NET CURRENT ASSETS 27,456 21,059
TOTAL ASSETS LESS CURRENT LIABILITIES 31,579 26,545

CREDITORS
Amounts falling due after more than one
year
7
35,185
35,502
NET LIABILITIES (3,606 ) (8,957 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (3,706 ) (9,057 )
SHAREHOLDERS' FUNDS (3,606 ) (8,957 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
DOUBLECUBE LIMITED (REGISTERED NUMBER: 06739122)

BALANCE SHEET - continued
30 NOVEMBER 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the director on 4 June 2019 and were signed by:





D J Wood - Director


The notes form part of these financial statements

Page 3
DOUBLECUBE LIMITED (REGISTERED NUMBER: 06739122)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2018


1. STATUTORY INFORMATION

Doublecube Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis which is thought to be appropriate
because the director intends to provide additional funds to meet the company's liabilities as they fall due. The
financial statements do not contain any adjustments that might be necessary if the additional funds were not
available.

The financial statements are presented in Sterling (£) which is the functional currency of the company.

The significant accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Office equipment - 20% on reducing balance
Computer equipment - 33% on cost

Expenditure on fixed assets is capitalised except for expenditure incurred on the replacement of assets of low
value with short life. Repair, renovation and replacement expenditure is written off as expenditure in the profit
and loss account. The cost of fixed assets is their purchase costs, together with any incidental costs of
acquisition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.


Page 4 continued...
DOUBLECUBE LIMITED (REGISTERED NUMBER: 06739122)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2018


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that
they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors
Debtors are measured at their recoverable amount.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their
settlement amount after allowing for any trade discounts due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2017
and 30 November 2018 14,170
DEPRECIATION
At 1 December 2017 8,684
Charge for year 1,363
At 30 November 2018 10,047
NET BOOK VALUE
At 30 November 2018 4,123
At 30 November 2017 5,486

Page 5 continued...
DOUBLECUBE LIMITED (REGISTERED NUMBER: 06739122)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2018


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 806 4,340
Other debtors 1,189 2,807
1,995 7,147

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors - 123
Taxation and social security - 138
Other creditors 875 850
875 1,111

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2018 2017
£    £   
Other creditors 35,185 35,502

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

Creditors due after more than one year include £19,185 (2017 £19,502) which is owed to D J Wood, a director
of the company.

Page 6