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REGISTERED NUMBER: 06684361 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

CURO SUPPORT SERVICES LIMITED

CURO SUPPORT SERVICES LIMITED (REGISTERED NUMBER: 06684361)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CURO SUPPORT SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mr Clifford Chandler
Mr Daniel Lawrence O'Sullivan





REGISTERED OFFICE: Fiveways
57-59 Hatfield Road
Potters Bar
Hertfordshire
EN6 1HS





REGISTERED NUMBER: 06684361 (England and Wales)





ACCOUNTANTS: SRG Newmans Limited
Five Ways
57-59 Hatfield Road
Potters Bar
Hertfordshire
EN6 1HS

CURO SUPPORT SERVICES LIMITED (REGISTERED NUMBER: 06684361)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,551 42,151

CURRENT ASSETS
Stocks 4,784 5,000
Debtors 5 128,716 90,829
Cash at bank 130,995 140,535
264,495 236,364
CREDITORS
Amounts falling due within one year 6 214,017 157,879
NET CURRENT ASSETS 50,478 78,485
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,029

120,636

CREDITORS
Amounts falling due after more than one
year

7

(43,870

)

(63,870

)

PROVISIONS FOR LIABILITIES 8 (9,388 ) (8,009 )
NET ASSETS 34,771 48,757

CAPITAL AND RESERVES
Called up share capital 137 137
Retained earnings 34,634 48,620
SHAREHOLDERS' FUNDS 34,771 48,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

CURO SUPPORT SERVICES LIMITED (REGISTERED NUMBER: 06684361)

BALANCE SHEET - continued
29 FEBRUARY 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 Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by:





Mr Clifford Chandler - Director


CURO SUPPORT SERVICES LIMITED (REGISTERED NUMBER: 06684361)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Curo Support Services 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.

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.

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.

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.

CURO SUPPORT SERVICES LIMITED (REGISTERED NUMBER: 06684361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued

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 9 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 88,092
Additions 5,313
At 29 February 2024 93,405
DEPRECIATION
At 1 March 2023 45,941
Charge for year 9,913
At 29 February 2024 55,854
NET BOOK VALUE
At 29 February 2024 37,551
At 28 February 2023 42,151

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 125,871 80,809
Other debtors - 8,133
Prepayments and accrued income 2,845 1,887
128,716 90,829

CURO SUPPORT SERVICES LIMITED (REGISTERED NUMBER: 06684361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,130 11,130
Trade creditors 53,611 24,424
Tax 81,378 58,938
Social security and other taxes 4,394 3,567
VAT 49,994 48,354
Other creditors - 831
Directors' current accounts 1,940 -
Accruals and deferred income 11,570 10,635
214,017 157,879

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 43,870 63,870

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 9,388 8,009

Deferred
tax
£   
Balance at 1 March 2023 8,009
Provided during year 1,379
Balance at 29 February 2024 9,388

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Mr Clifford Chandler
Balance outstanding at start of year - 120,005
Amounts advanced 137,760 90,085
Amounts repaid (139,700 ) (210,090 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,940 ) -

CURO SUPPORT SERVICES LIMITED (REGISTERED NUMBER: 06684361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

10. CAPITAL COMMITMENTS

Advantedge Commercial Finance Limited holds fixed and floating charges over Curo Support Services Limited. The floating charge covers all of the property or undertaking of the company. The charges also contain a negative pledge.