Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.10false2023-04-18trueNo description of principal activityfalse 14812950 2023-04-17 14812950 2023-04-18 2024-04-30 14812950 2022-04-18 2023-04-17 14812950 2024-04-30 14812950 c:Director1 2023-04-18 2024-04-30 14812950 d:ComputerEquipment 2023-04-18 2024-04-30 14812950 d:ComputerEquipment 2024-04-30 14812950 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-18 2024-04-30 14812950 d:CurrentFinancialInstruments 2024-04-30 14812950 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 14812950 d:ShareCapital 2024-04-30 14812950 d:RetainedEarningsAccumulatedLosses 2024-04-30 14812950 c:OrdinaryShareClass1 2023-04-18 2024-04-30 14812950 c:OrdinaryShareClass1 2024-04-30 14812950 c:FRS102 2023-04-18 2024-04-30 14812950 c:AuditExempt-NoAccountantsReport 2023-04-18 2024-04-30 14812950 c:FullAccounts 2023-04-18 2024-04-30 14812950 c:PrivateLimitedCompanyLtd 2023-04-18 2024-04-30 14812950 2 2023-04-18 2024-04-30 14812950 e:PoundSterling 2023-04-18 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14812950









CURIOSITY INCUBATOR LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2024

 
CURIOSITY INCUBATOR LTD
REGISTERED NUMBER: 14812950

BALANCE SHEET
AS AT 30 APRIL 2024

2024
Note
£

FIXED ASSETS
  

Tangible assets
 4 
1,079

  
1,079

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
29,918

Cash at bank and in hand
  
5,013

  
34,931

Creditors: amounts falling due within one year
 6 
(13,190)

NET CURRENT ASSETS
  
 
 
21,741

TOTAL ASSETS LESS CURRENT LIABILITIES
  
22,820

  

NET ASSETS
  
22,820


CAPITAL AND RESERVES
  

Called up share capital 
 7 
1

Profit and loss account
  
22,819

  
22,820



The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Page 1

 
CURIOSITY INCUBATOR LTD
REGISTERED NUMBER: 14812950
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




B P Gildea
Director

Date: 14 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CURIOSITY INCUBATOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

1.


GENERAL INFORMATION

Curiosity Incubator Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover comprises revenue recognised by the Company in respect of consutlancy services during the year, exclusive of Value Added Tax.

 
2.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
CURIOSITY INCUBATOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.6

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
20%
Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
CURIOSITY INCUBATOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.9

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the period was 1.







4.


TANGIBLE FIXED ASSETS





Computer equipment

£



COST OR VALUATION


Additions
1,166



At 30 April 2024

1,166



DEPRECIATION


Charge for the period on owned assets
87



At 30 April 2024

87



NET BOOK VALUE



At 30 April 2024
1,079

Page 5

 
CURIOSITY INCUBATOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

5.


DEBTORS

2024
£


Trade debtors
600

Other debtors
28,085

Prepayments and accrued income
1,233

29,918


At the balance sheet date £28,085 was owed to the company by the director, interest has been charged at 2.25%.


6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
£

Trade creditors
1,918

Corporation tax
5,140

Other taxation and social security
3,684

Accruals and deferred income
2,448

13,190



7.


SHARE CAPITAL

2024
£
ALLOTTED, CALLED UP AND FULLY PAID


1 Ordinary share of £1.00
1


On incorporation 1 Ordinary £1 share was issued at par.

 
Page 6