Abbreviated Company Accounts - CUBIC EVOLUTION LIMITED

CUBIC EVOLUTION LIMITED - Company Information

Registered Number 05109755

CUBIC EVOLUTION LIMITED

Abbreviated Accounts

30 April 2015

CUBIC EVOLUTION LIMITED Registered Number 05109755

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	16,700	14,431
Investments	3	35,000	35,040
		51,700	49,471
Current assets
Debtors		35,807	42,034
Cash at bank and in hand		147,016	258,969
		182,823	301,003
Creditors: amounts falling due within one year		(79,974)	(116,864)
Net current assets (liabilities)		102,849	184,139
Total assets less current liabilities		154,549	233,610
Provisions for liabilities		(2,846)	(2,284)
Total net assets (liabilities)		151,703	231,326
Capital and reserves
Called up share capital		100	100
Profit and loss account		151,603	231,226
Shareholders' funds		151,703	231,326

For the year ending 30 April 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 August 2015

And signed on their behalf by:
Ray Monk, Director

CUBIC EVOLUTION LIMITED Registered Number 05109755

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities. The total turnover of the company for the year has been derived from its principal activity wholly
undertaken in the UK.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings
and equipment - 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 May 2014	54,895
Additions	7,836
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	62,731
Depreciation
At 1 May 2014	40,464
Charge for the year	5,567
On disposals	-
At 30 April 2015	46,031
Net book values
At 30 April 2015	16,700
At 30 April 2014	14,431

3Fixed assets Investments
Other unlisted investments Total
Cost
At 1 May 2014 35,040 35,040
Disposals (40) (40)
At 30 April 2015 35,000 35,000

Net book values
At 30 April 2015 35,000 35,000
At 30 April 2014 35,040 35,040