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REGISTERED NUMBER: 00766795 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2024

for

The Curzon Corporation Limited

The Curzon Corporation Limited (Registered number: 00766795)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Curzon Corporation Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: D R Wilson
S Wilson





REGISTERED OFFICE: Oak Tree House, Harwood Road
Northminster Business Park
Upper Poppleton
York
YO26 6QU





REGISTERED NUMBER: 00766795 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
Oak Tree House, Harwood Road
Northminster Business Park
Upper Poppleton
York
YO26 6QU

The Curzon Corporation Limited (Registered number: 00766795)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,033 10,237
Investments 5 465,904 425,711
Investment property 6 7,068,285 6,458,501
7,543,222 6,894,449

CURRENT ASSETS
Debtors 7 28,358 1,429
Cash at bank 576,192 216,368
604,550 217,797
CREDITORS
Amounts falling due within one year 8 (987,381 ) (978,780 )
NET CURRENT LIABILITIES (382,831 ) (760,983 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,160,391

6,133,466

PROVISIONS FOR LIABILITIES 9 (33,003 ) (2,559 )
NET ASSETS 7,127,388 6,130,907

CAPITAL AND RESERVES
Called up share capital 10 3,581,945 3,581,945
Share premium 311,805 311,805
Fair value reserve 970,462 438,138
Retained earnings 2,263,176 1,799,019
SHAREHOLDERS' FUNDS 7,127,388 6,130,907

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Curzon Corporation Limited (Registered number: 00766795)

Balance Sheet - continued
31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by:





D R Wilson - Director


The Curzon Corporation Limited (Registered number: 00766795)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

The Curzon Corporation 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group nor transactions with directors conducted at a market rate.

Turnover
Rent received represents net invoiced rents received on investment properties, excluding value added tax.

Income recognition
Rent received is recognised in accordance with the contractual terms of the lease.

Investment income is recognised when it can be measured reliably and it is probable that the income will be received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% straight line

Fixed asset investments
Fixed asset investments are included at fair value. Gains and losses are recognised in the Profit and Loss Account. Deferred taxation is provided on these gains and losses at the rate expected to apply when the investments are sold.

Investment property
Investment property is included at fair value. Gains and losses are recognised in the Profit and Loss Account. Deferred taxation is provided on these gains and losses at the rate expected to apply when the property is sold.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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.

The Curzon Corporation Limited (Registered number: 00766795)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

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.

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).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024
and 31 December 2024 12,043
DEPRECIATION
At 1 January 2024 1,806
Charge for year 1,204
At 31 December 2024 3,010
NET BOOK VALUE
At 31 December 2024 9,033
At 31 December 2023 10,237

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST OR VALUATION
At 1 January 2024 425,711
Revaluations 40,193
At 31 December 2024 465,904
NET BOOK VALUE
At 31 December 2024 465,904
At 31 December 2023 425,711

The Curzon Corporation Limited (Registered number: 00766795)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2024 is represented by:

Unlisted
investments
£   
Valuation in 2024 (284,096 )
Cost 750,000
465,904

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 6,458,501
Revaluations 677,310
Reclassification/transfer (67,526 )
At 31 December 2024 7,068,285
NET BOOK VALUE
At 31 December 2024 7,068,285
At 31 December 2023 6,458,501

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2024 511,717
Cost 6,556,568
7,068,285

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 6,556,568 6,607,372

Investment property was valued on an open market basis on 31 December 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 805 268
Prepayments and accrued income 27,553 1,161
28,358 1,429

The Curzon Corporation Limited (Registered number: 00766795)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 861,074 853,070
Trade creditors 18,380 2,378
Taxation and social security 103,413 52,482
Accruals and deferred income 4,514 70,850
987,381 978,780

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 33,003 2,559

Deferred
tax
£   
Balance at 1 January 2024 2,559
Provided during year 30,444
Balance at 31 December 2024 33,003

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3,581,945 Ordinary £1 3,581,945 3,581,945

11. POST BALANCE SHEET EVENTS

On 7 March 2025, the company repurchased 947,368 £1 Ordinary shares for consideration of £1,800,000.

12. ULTIMATE CONTROLLING PARTY

SR Securities Limited is regarded by the directors as being the company's ultimate parent company.

Address: Elm House
St. Julian's Avenue
St. Peter Port
Guernsey