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REGISTERED NUMBER: 00795670
















Unaudited Financial Statements for the Year Ended 30 June 2023

for

David Curnock Limited

David Curnock Limited (Registered number: 00795670)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


David Curnock Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: D Curnock
A Curnock
T D Curnock



SECRETARY: A Curnock



REGISTERED OFFICE: Thatched House
Lower Town Farm
Claines
Worcester
Worcestershire
WR3 7RY



REGISTERED NUMBER: 00795670



ACCOUNTANTS: Boyds Accountants
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB



SOLICITORS: Harrison Clark Rickerbys
5 Deansway
Worcester
WR1 2JG

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
David Curnock Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of David Curnock Limited for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of David Curnock Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of David Curnock Limited and state those matters that we have agreed to state to the Board of Directors of David Curnock Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than David Curnock Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that David Curnock Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of David Curnock Limited. You consider that David Curnock Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of David Curnock Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Boyds Accountants
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB


1 March 2024

David Curnock Limited (Registered number: 00795670)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,201,868 2,603,455

CURRENT ASSETS
Stocks 15,605 29,428
Debtors 5 819,813 773,718
Investments 6 35,916 32,871
Cash at bank and in hand 80,712 214,731
952,046 1,050,748
CREDITORS
Amounts falling due within one year 7 (1,437,765 ) (1,318,837 )
NET CURRENT LIABILITIES (485,719 ) (268,089 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,716,149

2,335,366

CREDITORS
Amounts falling due after more than one
year

8

(184,634

)

(624,062

)
NET ASSETS 1,531,515 1,711,304

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Fair value reserve 10 199,238 199,238
Retained earnings 1,327,277 1,507,066
1,531,515 1,711,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

David Curnock Limited (Registered number: 00795670)

Balance Sheet - continued
30 June 2023


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 1 March 2024 and were signed on its behalf by:





D Curnock - Director


David Curnock Limited (Registered number: 00795670)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

David Curnock Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2022 - 32 ) .

David Curnock Limited (Registered number: 00795670)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2022 1,509,739 14,612 3,483,534 11,705 5,019,590
Additions - - - 334 334
Disposals - - (8,700 ) - (8,700 )
At 30 June 2023 1,509,739 14,612 3,474,834 12,039 5,011,224
DEPRECIATION
At 1 July 2022 - 10,001 2,400,978 5,156 2,416,135
Charge for year - 1,461 399,136 1,204 401,801
Eliminated on disposal - - (8,580 ) - (8,580 )
At 30 June 2023 - 11,462 2,791,534 6,360 2,809,356
NET BOOK VALUE
At 30 June 2023 1,509,739 3,150 683,300 5,679 2,201,868
At 30 June 2022 1,509,739 4,611 1,082,556 6,549 2,603,455

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 791,803 761,178
Deferred tax asset 26,510 3,760
Prepayments 1,500 8,780
819,813 773,718

6. CURRENT ASSET INVESTMENTS
30.6.23 30.6.22
£    £   
Listed investments 35,916 32,871

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Hire purchase contracts (see note 9) 439,428 439,428
Trade creditors 147,508 164,033
Accruals 33,534 13,516
Social security and other taxes 66,362 34,387
Pension 7,605 7,138
Wages control account - 19,486
VAT 115,915 103,436
Directors' current accounts 627,413 537,413
1,437,765 1,318,837

David Curnock Limited (Registered number: 00795670)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Hire purchase contracts (see note 9) 184,634 624,062

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.6.23 30.6.22
£    £   
Net obligations repayable:
Within one year 439,428 439,428
Between one and five years 184,634 624,062
624,062 1,063,490

10. RESERVES
Fair
value
reserve
£   
At 1 July 2022
and 30 June 2023 199,238

11. RELATED PARTY DISCLOSURES

D Curnock holds 2,600 ordinary shares of £1 in the company - 52% of issued share capital - and therefore controls the company.

D Curnock transferred 2,200 ordinary shares of £1 into a discretionary settlement in March 1998.

D Curnock occupies rent free a property owned by the company. The company pays all outgoings and D Curnock is assessed on the benefit in kind arising.

A Curnock holds 100 ordinary shares of £1 in the company.

T D Curnock holds 100 ordinary shares of £1 in the company.


Directors' current account balances are at30.6.2023
D Curnock207,413
A Curnock130,000
T D Curnock290,000
627,413