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Curious Cubs Charlton Limited
Financial Statements
For The Year Ended 31 December 2024
TaxAssist Accountants
133 Station Road
Sidcup
DA15 7AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13802799
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 25,200 28,800
Tangible Assets 5 368,496 394,452
393,696 423,252
CURRENT ASSETS
Debtors 6 97,614 59,213
Cash at bank and in hand 250,266 126,620
347,880 185,833
Creditors: Amounts Falling Due Within One Year 7 (48,082 ) (54,654 )
NET CURRENT ASSETS (LIABILITIES) 299,798 131,179
TOTAL ASSETS LESS CURRENT LIABILITIES 693,494 554,431
Creditors: Amounts Falling Due After More Than One Year 8 (634,993 ) (547,234 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (46,588 ) (61,125 )
NET ASSETS/(LIABILITIES) 11,913 (53,928 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 11,912 (53,929 )
SHAREHOLDERS' FUNDS 11,913 (53,928)
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Davinder Dhaliwal
Director
25 September 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Curious Cubs Charlton Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13802799 . The registered office is 31 Rennets Wood Road, London, SE9 2NF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are the franchise licence fee. It is amortised to the profit and loss account over the term of the licence.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Straight line over 25 years
Fixtures & Fittings Straight line over 3 years
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 16)
20 16
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 36,000
As at 31 December 2024 36,000
Amortisation
As at 1 January 2024 7,200
Provided during the period 3,600
As at 31 December 2024 10,800
Net Book Value
As at 31 December 2024 25,200
As at 1 January 2024 28,800
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5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 416,639 29,909 446,548
Additions - 1,019 1,019
As at 31 December 2024 416,639 30,928 447,567
Depreciation
As at 1 January 2024 33,331 18,765 52,096
Provided during the period 16,666 10,309 26,975
As at 31 December 2024 49,997 29,074 79,071
Net Book Value
As at 31 December 2024 366,642 1,854 368,496
As at 1 January 2024 383,308 11,144 394,452
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 64,044 5,440
Prepayments and accrued income 33,570 3,169
Deferred tax current asset - 50,604
97,614 59,213
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 931 1,057
Bank loans and overdrafts 36,056 35,256
Corporation tax 2,017 -
Other taxes and social security 6,958 8,426
Net wages - 2,108
Pension control 1,392 1,667
Accruals and deferred income 728 5,431
Directors' loan accounts - 709
48,082 54,654
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 289,486 325,502
Other loans 52,000 52,000
Deposits held 6,600 4,500
Other creditors - intercompany 286,907 165,232
634,993 547,234
The loan is secured by a fixed and floating charge over the property and assets of the company, created on 14 March 2022.  The charge contains a negative pledge.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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