IRIS Accounts Production v24.2.0.383 07847192 director 1.11.22 31.10.23 31.10.23 16.10.24 0 0 true false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078471922022-10-31078471922023-10-31078471922022-11-012023-10-31078471922021-10-31078471922021-11-012022-10-31078471922022-10-3107847192ns15:EnglandWales2022-11-012023-10-3107847192ns14:PoundSterling2022-11-012023-10-3107847192ns10:Director12022-11-012023-10-3107847192ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3107847192ns10:SmallEntities2022-11-012023-10-3107847192ns10:Audited2022-11-012023-10-3107847192ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3107847192ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3107847192ns10:FullAccounts2022-11-012023-10-3107847192ns10:RegisteredOffice2022-11-012023-10-3107847192ns5:CurrentFinancialInstruments2023-10-3107847192ns5:CurrentFinancialInstruments2022-10-3107847192ns5:Non-currentFinancialInstruments2023-10-3107847192ns5:Non-currentFinancialInstruments2022-10-3107847192ns5:ShareCapital2023-10-3107847192ns5:ShareCapital2022-10-3107847192ns5:SharePremium2023-10-3107847192ns5:SharePremium2022-10-3107847192ns5:RetainedEarningsAccumulatedLosses2023-10-3107847192ns5:RetainedEarningsAccumulatedLosses2022-10-3107847192ns5:CostValuation2022-10-3107847192ns5:DisposalsRepaymentsInvestments2023-10-3107847192ns5:CostValuation2023-10-3107847192ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3107847192ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 07847192 (England and Wales)















AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CURAE LIMITED

CURAE LIMITED (REGISTERED NUMBER: 07847192)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CURAE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: S C Welsh



REGISTERED OFFICE: Edward James House
Hadley Park East
Telford
Shropshire
TF1 6QJ



REGISTERED NUMBER: 07847192 (England and Wales)



SENIOR STATUTORY AUDITOR: Mark Fletcher BSc ACA



AUDITORS: Crombies Accountants Limited
Chartered Accountants and Statutory Auditor
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

CURAE LIMITED (REGISTERED NUMBER: 07847192)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 61,101 61,102

CURRENT ASSETS
Debtors 5 264,826 281,872
Prepayments and accrued income 7,396 -
Cash at bank 15,756 41,365
287,978 323,237
CREDITORS
Amounts falling due within one year 6 315,676 307,981
NET CURRENT (LIABILITIES)/ASSETS (27,698 ) 15,256
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,403

76,358

CREDITORS
Amounts falling due after more than one
year

7

20,833

30,833
NET ASSETS 12,570 45,525

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Share premium 170,000 170,000
Retained earnings (257,430 ) (224,475 )
SHAREHOLDERS' FUNDS 12,570 45,525

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2024 and were signed by:





S C Welsh - Director


CURAE LIMITED (REGISTERED NUMBER: 07847192)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Curae 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 (2022 - NIL).

CURAE LIMITED (REGISTERED NUMBER: 07847192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2022 61,102
Disposals (1 )
At 31 October 2023 61,101
NET BOOK VALUE
At 31 October 2023 61,101
At 31 October 2022 61,102

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 227,851 244,897
Other debtors 36,975 36,975
264,826 281,872

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 2,700 -
Amounts owed to group undertakings 296,468 295,688
Taxation and social security (168 ) (168 )
Other creditors 6,676 2,461
315,676 307,981

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 20,833 30,833

8. SECURED DEBTS

Hitachi Capital (UK) PLC have a fixed and floating charge dated 1 October 2018 over all the property and undertakings of the company.

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Fletcher BSc ACA (Senior Statutory Auditor)
for and on behalf of Crombies Accountants Limited