Cube Moving and Storage Ltd - Period Ending 2014-03-31

Company registration number: 06055629

Cube Moving and Storage Ltd
 
  Annual Report and Unaudited Abbreviated Accounts
 
  Year Ended 31 March 2014
 

Beresfords
  Chartered Accountants
  Castle House
  Castle Hill Avenue
  Folkestone
  Kent
  CT20 2TQ

Cube Moving and Storage Ltd
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Cube Moving and Storage Ltd
(Company registration number: 06055629)
Abbreviated Balance Sheet
31 March 2014

		Note			31 March 2014 £			31 March 2013 £
Fixed assets
Tangible fixed assets					10,285			13,714
Current assets
Debtors					992			1,953
Cash at bank and in hand					1,713			797
					2,705			2,750
Creditors: Amounts falling due within one year					(1,446)			(744)
Net current assets					1,259			2,006
Total assets less current liabilities					11,544			15,720
Creditors: Amounts falling due after more than one year					(13,508)			(14,800)
Net (liabilities)/assets					(1,964)			920
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(2,064)			820
Shareholders' (deficit)/funds					(1,964)			920

The notes on pages 3 to 4 form an integral part of these financial statements.
 
  Page 1

Cube Moving and Storage Ltd
(Company registration number: 06055629)
Abbreviated Balance Sheet
31 March 2014......... continued

For the year ending 31 March 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 12 December 2014

 
 
 
  .........................................
 Mr P T Blanche
 Director

The notes on pages 3 to 4 form an integral part of these financial statements.
 
  Page 2

Cube Moving and Storage Ltd
Notes to the Abbreviated Accounts
Year Ended 31 March 2014......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% On reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Cube Moving and Storage Ltd
Notes to the Abbreviated Accounts
Year Ended 31 March 2014......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2013		15,309			15,309
At 31 March 2014		15,309			15,309
Depreciation
At 1 April 2013		1,595			1,595
Charge for the year		3,429			3,429
At 31 March 2014		5,024			5,024
Net book value
At 31 March 2014		10,285			10,285
At 31 March 2013		13,714			13,714

3	Share capital

Allotted, called up and fully paid shares

	31 March 2014						31 March 2013
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 4