IRIS Accounts Production v24.3.2.46 07934968 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079349682023-03-31079349682024-03-31079349682023-04-012024-03-31079349682021-12-31079349682022-01-012023-03-31079349682023-03-3107934968ns15:EnglandWales2023-04-012024-03-3107934968ns14:PoundSterling2023-04-012024-03-3107934968ns10:Director12023-04-012024-03-3107934968ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107934968ns10:SmallEntities2023-04-012024-03-3107934968ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107934968ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107934968ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107934968ns10:FullAccounts2023-04-012024-03-3107934968ns10:Director22023-04-012024-03-3107934968ns10:RegisteredOffice2023-04-012024-03-3107934968ns5:CurrentFinancialInstruments2024-03-3107934968ns5:CurrentFinancialInstruments2023-03-3107934968ns5:Non-currentFinancialInstruments2024-03-3107934968ns5:Non-currentFinancialInstruments2023-03-3107934968ns5:ShareCapital2024-03-3107934968ns5:ShareCapital2023-03-3107934968ns5:RetainedEarningsAccumulatedLosses2024-03-3107934968ns5:RetainedEarningsAccumulatedLosses2023-03-3107934968ns5:PlantMachinery2023-04-012024-03-3107934968ns5:MotorVehicles2023-04-012024-03-3107934968ns5:PlantMachinery2023-03-3107934968ns5:MotorVehicles2023-03-3107934968ns5:PlantMachinery2024-03-3107934968ns5:MotorVehicles2024-03-3107934968ns5:PlantMachinery2023-03-3107934968ns5:MotorVehicles2023-03-3107934968ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107934968ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107934968ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3107934968ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-310793496812023-04-012024-03-31
REGISTERED NUMBER: 07934968 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CURSON HOMES LTD

CURSON HOMES LTD (REGISTERED NUMBER: 07934968)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CURSON HOMES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: K Curson
J R Claydon





REGISTERED OFFICE: 52 Baptist Road
Upwell
Wisbech
Cambridgeshire
PE14 9EY





REGISTERED NUMBER: 07934968 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

CURSON HOMES LTD (REGISTERED NUMBER: 07934968)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 144,534 159,363

CURRENT ASSETS
Stocks 1,523,000 1,223,000
Debtors 5 249,902 207,452
Cash at bank 6,796 -
1,779,698 1,430,452
CREDITORS
Amounts falling due within one year 6 792,267 528,769
NET CURRENT ASSETS 987,431 901,683
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,131,965

1,061,046

CREDITORS
Amounts falling due after more than one
year

7

(769,343

)

(714,961

)

PROVISIONS FOR LIABILITIES (31,008 ) (34,306 )
NET ASSETS 331,614 311,779

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 331,613 311,778
SHAREHOLDERS' FUNDS 331,614 311,779

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Profit and Loss Account has not been delivered.

CURSON HOMES LTD (REGISTERED NUMBER: 07934968)

BALANCE SHEET - continued
31 MARCH 2024



The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:





K Curson - Director


CURSON HOMES LTD (REGISTERED NUMBER: 07934968)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Curson Homes Ltd 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.

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.
Plant and machinery - 25% on cost and 20% on cost
Motor vehicles - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

CURSON HOMES LTD (REGISTERED NUMBER: 07934968)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023 370,974 86,489 457,463
Additions 93,650 - 93,650
At 31 March 2024 464,624 86,489 551,113
DEPRECIATION
At 1 April 2023 232,381 65,719 298,100
Charge for year 101,743 6,736 108,479
At 31 March 2024 334,124 72,455 406,579
NET BOOK VALUE
At 31 March 2024 130,500 14,034 144,534
At 31 March 2023 138,593 20,770 159,363

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 90,001 90,001
VAT 51,901 9,404
Accrued income 108,000 108,000
Prepayments - 47
249,902 207,452

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 7
Other loans 26,667 26,152
Hire purchase contracts and finance leases 93,565 66,579
Trade creditors 34,905 72,516
Amounts owed to associates 552,367 305,212
Social security and other taxes 950 -
Other creditors 43,314 11,000
Director's current account 36,299 43,303
Accruals 4,200 4,000
792,267 528,769

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans - due in 2-5 years 665,000 574,477
Hire purchase contracts and finance leases 104,343 140,484
769,343 714,961

CURSON HOMES LTD (REGISTERED NUMBER: 07934968)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. SECURED DEBTS

Fixed and floating charges are held over land held within stocks.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are J Claydon and J Curson by virtue of their 100% joint ownership of the issued share capital.