Company registration number 10252549 (England and Wales)
Curam Domi Solutions Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Pages For Filing With Registrar
Pinnick Lewis LLP
Chartered Certified Accountants
Handel House
95 High Street
Edgware
HA8 7DB
Curam Domi Solutions Ltd
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
Curam Domi Solutions Ltd
BALANCE SHEET
As At 30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,035
2,793
Investments
4
7,869
6,035
10,662
Current assets
Debtors
5
229,072
145,033
Cash at bank and in hand
29
64,994
229,101
210,027
Creditors: amounts falling due within one year
6
(276,086)
(219,884)
Net current liabilities
(46,985)
(9,857)
Net (liabilities)/assets
(40,950)
805
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(40,951)
804
Total equity
(40,950)
805
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 18 March 2025
Ms A Henry
Director
Company registration number 10252549 (England and Wales)
Curam Domi Solutions Ltd
NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2024
- 2 -
1
Accounting policies
Company information
Curam Domi Solutions Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 86-90 Paul Street, London, EC2A 4ND.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover comprises the invoice value of services supplied by the company exclusive of trade discounts and value added tax.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
25% Straight line
Fixtures and fittings
25% Straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Financial instruments
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Curam Domi Solutions Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For The Year Ended 30 June 2024
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
22
24
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Total
£
£
£
Cost
At 1 July 2023
5,756
6,026
11,782
Additions
5,684
5,684
At 30 June 2024
11,440
6,026
17,466
Depreciation and impairment
At 1 July 2023
4,894
4,095
8,989
Depreciation charged in the year
1,709
733
2,442
At 30 June 2024
6,603
4,828
11,431
Carrying amount
At 30 June 2024
4,837
1,198
6,035
At 30 June 2023
862
1,931
2,793
4
Fixed asset investments
2024
2023
£
£
Other investments other than loans
7,869
Curam Domi Solutions Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For The Year Ended 30 June 2024
4
Fixed asset investments
(Continued)
- 4 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 July 2023
7,869
Reversals
(7,869)
At 30 June 2024
-
Carrying amount
At 30 June 2024
-
At 30 June 2023
7,869
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
47,143
24,357
Other debtors
181,929
120,676
229,072
145,033
6
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
81,923
66,826
Other taxation and social security
138,766
106,543
Other creditors
50,690
36,733
Accruals and deferred income
4,707
9,782
276,086
219,884