Registration number:
Curran and Curran Limited
for the Year Ended 30 September 2023
Curran and Curran Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Curran and Curran Limited
Company Information
Directors |
Mr B B Curran Mrs S B Curran |
Company secretary |
Mrs S B Curran |
Registered office |
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Curran and Curran Limited
(Registration number: SC377549)
Balance Sheet as at 30 September 2023
Note |
2023 |
2022 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
200 |
200 |
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Retained earnings |
362 |
362 |
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Shareholders' funds |
562 |
562 |
For the financial year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
Curran and Curran Limited
(Registration number: SC377549)
Balance Sheet as at 30 September 2023
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Curran and Curran Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
General information |
The company is a private company limited by share capital, incorporated in Scotland.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. There were no material departures from that standard.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The presentation currency of the financial statements is the Pound Sterling (£).
Going concern
The financial statements have been prepared on a going concern basis.
Tax
The tax expense for the period comprises tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Curran and Curran Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Financial instruments
Staff numbers |
The average number of persons employed by the company (including directors) during the year was
Investments |
2023 |
2022 |
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Investments in subsidiaries |
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Curran and Curran Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
Subsidiaries |
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Cost or valuation |
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At 1 October 2022 |
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Provision |
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Carrying amount |
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At 30 September 2023 |
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At 30 September 2022 |
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Debtors |
2023 |
2022 |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Due within one year |
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Taxation and social security |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
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No. |
£ |
No. |
£ |
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200 |
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200 |
Curran and Curran Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
Related party transactions |
During the year, the company received loans totalling £579 from the director. At the year end, the balance due to the director was £659 (2022 - £80). This loan is unsecured, interest free and has no fixed repayment terms.
The company operates a loan account with the subsidiary, Land and Utility Limited.
During the year Land and Utility Limited received loans totalling £35,363 from the company. At the year end, the balance due from Land and Utility Limited was £124,575 (2022 - £89,212). This loan is unsecured, interest free and has no fixed repayment terms.
The company operates a loan account with the subsidiary, Five Sisters Zoo Limited.
During the year, the company received loans totalling £34,783 from Five Sisters Zoo Limited. At the year end, the balance due to Five Sisters Zoo Limited was £123,566 (2022 - £88.783). This loan is unsecured, interest free and has no fixed repayment terms.