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REGISTERED NUMBER: 07864348 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

Curation Corporation Limited

Curation Corporation Limited (Registered number: 07864348)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Curation Corporation Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: P Burrowes
N M Finegold
M C N Townend





SECRETARY: V A Finegold





REGISTERED OFFICE: NT Accountancy
28 Leman Street
London
E1 8ER





REGISTERED NUMBER: 07864348 (England and Wales)





ACCOUNTANTS: NT Accountancy
Chartered Accountants
43 Lynton Mead
London
N20 8DG

Curation Corporation Limited (Registered number: 07864348)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,180,838 2,560,877
Investments 5 992,998 100
3,173,836 2,560,977

CURRENT ASSETS
Debtors 6 142,500 1,191,902
Cash at bank 194,232 267,827
336,732 1,459,729
CREDITORS
Amounts falling due within one year 7 703,799 645,691
NET CURRENT (LIABILITIES)/ASSETS (367,067 ) 814,038
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,806,769

3,375,015

CREDITORS
Amounts falling due after more than
one year

8

212,500

-
NET ASSETS 2,594,269 3,375,015

CAPITAL AND RESERVES
Called up share capital 1,337 1,299
Share premium 4,561,718 4,061,756
Retained earnings (1,968,786 ) (688,040 )
SHAREHOLDERS' FUNDS 2,594,269 3,375,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Curation Corporation Limited (Registered number: 07864348)

Balance Sheet - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2022 and were signed on its behalf by:





N M Finegold - Director


Curation Corporation Limited (Registered number: 07864348)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Curation Corporation 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.

Revenue recognition
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.
Website - 33% on cost
Fixtures and fittings - 20% on reducing balance
Software - 15% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The Company only enters into basic financial instrument transactions that results in the recognition of financial assets and liabilities.

The following assets and liabilities are classified as financial instruments-trade debtors, trade creditors and director's loans.

Directors' loans, trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Curation Corporation Limited (Registered number: 07864348)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued

Tangible assets - software
This asset represents software developed by the company during the past years. Expenditure was incurred on software development on products.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2020 - 29 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Website fittings Software equipment Totals
£    £    £    £    £   
COST
At 1 January 2021 35,000 1,705 4,178,885 135,829 4,351,419
Additions - - - 8,405 8,405
At 31 December 2021 35,000 1,705 4,178,885 144,234 4,359,824
DEPRECIATION
At 1 January 2021 34,999 1,705 1,640,124 113,714 1,790,542
Charge for year - - 380,814 7,630 388,444
At 31 December 2021 34,999 1,705 2,020,938 121,344 2,178,986
NET BOOK VALUE
At 31 December 2021 1 - 2,157,947 22,890 2,180,838
At 31 December 2020 1 - 2,538,761 22,115 2,560,877

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2021 100
Additions 992,898
At 31 December 2021 992,998
NET BOOK VALUE
At 31 December 2021 992,998
At 31 December 2020 100

Curation Corporation Limited (Registered number: 07864348)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 90,239 204,600
Amounts owed by group undertakings - 789,979
Other debtors 52,261 197,323
142,500 1,191,902

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 37,500 -
Trade creditors 66,754 87,420
Amounts owed to group undertakings 321,972 -
Taxation and social security 75,189 284,975
Other creditors 202,384 273,296
703,799 645,691

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans 212,500 -

9. RELATED PARTY DISCLOSURES

The balance due by Curation Corporation Limited to it's subsidiary Fat Gladiator Limited as at 31st December 2021 was £321,972. (2020: The balance due to Curation Corporation Limited by it's subsidiary Fat Gladiator Limited as at 31st December 2020 was £789,979).