REGISTERED NUMBER: 07864348 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Curation Corporation Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N M Finegold

M C N Townend

SECRETARY:

V A Finegold

REGISTERED OFFICE:

NT Accountancy

43 Lynton Mead

London

N20 8DG

REGISTERED NUMBER:

07864348 (England and Wales)

ACCOUNTANTS:

NT Accountancy

Chartered Accountants

43 Lynton Mead

London

N20 8DG

FIXED ASSETS

Tangible assets

4

253,986

11,447

Investments

5

992,998

992,998

1,246,984

1,004,445

CURRENT ASSETS

Debtors

6

50,732

210,846

Cash at bank

25,505

86,597

76,237

297,443

CREDITORS

Amounts falling due within one year

7

1,416,243

988,173

NET CURRENT LIABILITIES

(1,340,006

)

(690,730

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(93,022

)

313,715

CREDITORS

Amounts falling due after more than one year

8

33,565

97,789

NET (LIABILITIES)/ASSETS

(126,587

)

215,926

CAPITAL AND RESERVES

Called up share capital

1,524

1,524

Share premium

5,144,970

5,144,970

Retained earnings

(5,273,081

)

(4,930,568

)

SHAREHOLDERS' FUNDS

(126,587

)

215,926

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by:

N M Finegold - Director

1.	STATUTORY INFORMATION

Curation 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 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.

Revenue recognition

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Website

-

33% on cost

Fixtures and fittings

-

20% on reducing balance

Software

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The Company only enters into basic financial instrument transactions that results in the recognition of financial assets and liabilities.

The following assets and liabilities are classified as financial instruments-trade debtors, trade creditors and director's loans.

Directors' loans, trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Tangible assets - software

This asset represents software developed by the company during the past years. Expenditure was incurred on software development on products.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Website

fittings

Software

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

35,000

1,705

4,178,885

144,234

4,359,824

Additions

-

-

245,400

-

245,400

At 31 December 2024

35,000

1,705

4,424,285

144,234

4,605,224

DEPRECIATION

At 1 January 2024

34,999

1,705

4,178,885

132,788

4,348,377

Charge for year

-

-

-

2,861

2,861

At 31 December 2024

34,999

1,705

4,178,885

135,649

4,351,238

NET BOOK VALUE

At 31 December 2024

1

-

245,400

8,585

253,986

At 31 December 2023

1

-

-

11,446

11,447

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

992,998

NET BOOK VALUE

At 31 December 2024

992,998

At 31 December 2023

992,998

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

41,278

210,187

Other debtors

7,246

-

Prepayments and accrued income

2,208

659

50,732

210,846

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

50,000

50,000

Trade creditors

39,977

54,403

Amounts owed to group undertakings

1,319,285

806,932

Social security and other taxes

3,963

15,533

Other creditors

64

64

Deferred revenue

-

49,956

Accrued expenses

2,954

11,285

1,416,243

988,173

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Loans - 1-2 years

33,565

97,789

9.	RELATED PARTY DISCLOSURES