Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-13falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-01is that of management consultancy activities.1012truetrue 07557989 2024-01-01 2024-12-31 07557989 2024-12-31 07557989 2023-01-01 2023-12-31 07557989 2023-12-31 07557989 c:Director2 2024-01-01 2024-12-31 07557989 d:ComputerEquipment 2024-01-01 2024-12-31 07557989 d:ComputerEquipment 2024-12-31 07557989 d:ComputerEquipment 2023-12-31 07557989 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07557989 d:CurrentFinancialInstruments 2024-12-31 07557989 d:CurrentFinancialInstruments 2023-12-31 07557989 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07557989 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07557989 d:ShareCapital 2024-12-31 07557989 d:ShareCapital 2023-12-31 07557989 d:RetainedEarningsAccumulatedLosses 2024-12-31 07557989 d:RetainedEarningsAccumulatedLosses 2023-12-31 07557989 c:FRS102 2024-01-01 2024-12-31 07557989 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07557989 c:FullAccounts 2024-01-01 2024-12-31 07557989 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07557989 6 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 07557989













Curlew Capital Ltd

Financial statements
Information for filing with the registrar

31 December 2024




 
Curlew Capital Ltd


Balance sheet
At 31 December 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
25,871
19,211

Investments
 5 
453,699
334,911

  
479,570
354,122

Current assets
  

Debtors
 6 
798,849
901,830

Cash at bank and in hand
  
199,106
390,689

  
997,955
1,292,519

Creditors: amounts falling due within one year
 7 
(855,002)
(550,274)

Net current assets
  
 
 
142,953
 
 
742,245

Total assets less current liabilities
  
622,523
1,096,367

Provisions for liabilities
  

Deferred tax
  
(5,932)
-

Net assets
  
616,591
1,096,367


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
616,491
1,096,267

Shareholders' funds
  
616,591
1,096,367


1

 
Curlew Capital Ltd

    
Balance sheet (continued)
At 31 December 2024

The directors consider 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 year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 statement of comprehensive income 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 on 13 May 2025.




Mr P F Oliver
Director

Company registered number: 07557989
The notes on pages 3 to 7 form part of these financial statements. 

2

 
Curlew Capital Ltd
 
 

Notes to the financial statements
Year ended 31 December 2024

1.


General information

Curlew Capital Limited is a private company limited by shares incorporated and domiciled in England and Wales. The registered office is UNW LLP, Citygate, St James Boulevard, Newcastle Upon Tyne, NE1 4JE.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

  
2.2

Foreign currency translation

The company's functional currency is the pound sterling.
Transactions in foreign currency are translated into sterling using the spot exchange rates at the dates of the transactions. At each period end, foreign currency monetary assets and liabilities are translated using the closing rate. Foreign exchange rates and losses are recognised in the profit and loss account.

 
2.3

Revenue recognition

Turnover represents amounts receivable for services net of VAT.
Revenue from contracts for the provision of professional services is recognised by reference to the terms of the contracts.

 
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.

3

 
Curlew Capital Ltd
 

 
Notes to the financial statements
Year ended 31 December 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

 
2.6

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
25%
reducing balance

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.

 
2.7

Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in associates and jointly controlled entities are initially measured at cost and remeasured to market value at the year end. Gains and losses are recorded in the statement of comprehensive income based on the apportionment of investment entitlement of the net assets and retained profits.

4

 
Curlew Capital Ltd
 

 
Notes to the financial statements
Year ended 31 December 2024

2.Accounting policies (continued)

 
2.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the balance sheet.

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

  
2.10

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 12).

5

 
Curlew Capital Ltd
 
 

Notes to the financial statements
Year ended 31 December 2024

4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 January 2024
43,649


Additions
11,991



At 31 December 2024

55,640



Depreciation


At 1 January 2024
24,438


Charge for the year
5,331



At 31 December 2024

29,769



Net book value



At 31 December 2024
25,871



At 31 December 2023
19,211


5.


Fixed asset investments





Investments in subsidiary companies
Unlisted investments
Total

£
£
£



Cost and valuation


At 1 January 2024
22,002
312,909
334,911


Additions
-
151,923
151,923


Revaluations
-
(33,135)
(33,135)



At 31 December 2024
22,002
431,697
453,699




6

 
Curlew Capital Ltd
 
 

Notes to the financial statements
Year ended 31 December 2024

6.


Debtors

2024
2023
£
£


Trade debtors
252,097
106,200

Amounts owed by group undertakings
-
40,898

Other debtors
40,632
167,518

Prepayments and accrued income
506,120
547,185

Deferred taxation
-
40,029

798,849
901,830



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
8,791
12,539

Amounts owed to group undertakings
507,299
-

Corporation tax
59,361
-

Other taxation and social security
51,386
76,230

Other creditors
23,948
7,972

Accruals and deferred income
204,217
453,533

855,002
550,274


 
7