Company Registration No. 03471137 (England and Wales)
Cubana (Waterloo) Ltd
Unaudited accounts
for the year ended 31 December 2022
Cubana (Waterloo) Ltd
Unaudited accounts
Contents
Cubana (Waterloo) Ltd
Company Information
for the year ended 31 December 2022
Directors
P A C L Oppenheim
James Michael Parton
Company Number
03471137 (England and Wales)
Registered Office
48 LOWER MARSH
LONDON
SE1 7RG
ENGLAND
Accountants
Virgate Accounts Ltd
Olympus House
Quedgeley
Gloucester
Gloucestershire
GL2 4NF
Cubana (Waterloo) Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
585,264
575,139
Cash at bank and in hand
(21,290)
48,225
Creditors: amounts falling due within one year
414,946
(660,016)
Net current assets
552,995
434,577
Total assets less current liabilities
1,138,259
1,009,716
Creditors: amounts falling due after more than one year
(144,661)
(200,747)
Net assets
993,598
808,969
Called up share capital
454
454
Share premium
612,686
612,686
Profit and loss account
380,458
195,829
Shareholders' funds
993,598
808,969
For the year ending 31 December 2022 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 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by
P A C L Oppenheim
Director
Company Registration No. 03471137
Cubana (Waterloo) Ltd
Notes to the Accounts
for the year ended 31 December 2022
Cubana (Waterloo) Ltd is a private company, limited by shares, registered in England and Wales, registration number 03471137. The registered office is 48 LOWER MARSH, LONDON, SE1 7RG, ENGLAND.
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.
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:
Land & buildings
Straight Line 5%
Plant & machinery
Reducing balance 12.5%
Motor vehicles
Straight Line 25%
Fixtures & fittings
Reducing balance 12.5%
Computer equipment
Straight line 50%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2022
776,063
422,370
5,300
598
26,628
1,230,959
Additions
43,019
19,404
-
-
4,780
67,203
At 31 December 2022
819,082
441,774
5,300
598
31,408
1,298,162
At 1 January 2022
320,593
306,067
5,300
164
23,696
655,820
Charge for the year
39,107
14,310
-
54
3,607
57,078
At 31 December 2022
359,700
320,377
5,300
218
27,303
712,898
At 31 December 2022
459,382
121,397
-
380
4,105
585,264
At 31 December 2021
455,470
116,303
-
434
2,932
575,139
Cubana (Waterloo) Ltd
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Amounts due from group undertakings etc.
-
927,627
Accrued income and prepayments
101,816
64,258
Other debtors
24,160
25,122
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
-
72,024
Trade creditors
133,581
109,908
Amounts owed to group undertakings and other participating interests
(957,888)
-
Taxes and social security
87,357
156,843
Other creditors
76,433
173,830
Loans from directors
121,235
(23,381)
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
31,560
69,287
Amounts owed to group undertakings and other participating interests
42,393
92,393
Other creditors
28,192
39,067
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan account
23,381
-
23,381
-
9
Average number of employees
During the year the average number of employees was 39 (2021: 39).
