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REGISTERED NUMBER: 08119277 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CURA SYSTEMS INTERNATIONAL LIMITED

CURA SYSTEMS INTERNATIONAL LIMITED (REGISTERED NUMBER: 08119277)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CURA SYSTEMS INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: A A Omar





REGISTERED OFFICE: 40 High Street
Northwood
Middlesex
HA6 1BN





REGISTERED NUMBER: 08119277 (England and Wales)





ACCOUNTANTS: Sage & Co
Chartered Accountants
40 High Street
Northwood
Middlesex
HA6 1BN

CURA SYSTEMS INTERNATIONAL LIMITED (REGISTERED NUMBER: 08119277)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 427,311 414,565
Investments 5 964,502 964,502
1,391,813 1,379,067

CURRENT ASSETS
Debtors 6 70,472 40,263
Cash at bank 8,164 10,122
78,636 50,385
CREDITORS
Amounts falling due within one year 7 744,487 490,505
NET CURRENT LIABILITIES (665,851 ) (440,120 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

725,962

938,947

CAPITAL AND RESERVES
Called up share capital 8 2,299,599 2,299,599
Share premium 321,412 321,412
Retained earnings (1,895,049 ) (1,682,064 )
SHAREHOLDERS' FUNDS 725,962 938,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CURA SYSTEMS INTERNATIONAL LIMITED (REGISTERED NUMBER: 08119277)

BALANCE SHEET - continued
31 MARCH 2024


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 director and authorised for issue on 14 October 2024 and were signed by:





A A Omar - Director


CURA SYSTEMS INTERNATIONAL LIMITED (REGISTERED NUMBER: 08119277)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Cura Systems International 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.

The shareholders have continued to support the company and as a result the director has concluded that it is appropriate to prepare the accounts on a going concern basis.

Preparation of consolidated financial statements
The financial statements contain information about Cura Systems International Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of four years.

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

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.


CURA SYSTEMS INTERNATIONAL LIMITED (REGISTERED NUMBER: 08119277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 April 2023 2,444,267
Additions 290,805
At 31 March 2024 2,735,072
AMORTISATION
At 1 April 2023 2,029,702
Amortisation for year 278,059
At 31 March 2024 2,307,761
NET BOOK VALUE
At 31 March 2024 427,311
At 31 March 2023 414,565

CURA SYSTEMS INTERNATIONAL LIMITED (REGISTERED NUMBER: 08119277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 964,502
NET BOOK VALUE
At 31 March 2024 964,502
At 31 March 2023 964,502

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 435 -
Tax 40,385 40,263
Prepayments and accrued income 29,652 -
70,472 40,263

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 151
Amounts owed to group undertakings 122,181 114,681
Other creditors 339,374 108,471
Directors' current accounts 184,301 185,399
Accruals and deferred income 98,631 81,803
744,487 490,505

Other creditors include £332,207 owed to entities connected with the company by virtue of common ownership.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2,299,599 Ordinary £1 2,299,599 2,299,599