Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 29 September 2025 1 January 2024 31 December 2024 31 December 2024 03782164 Mr Michael Curb Mr John Nemoy Mr Bryan Stewart Ms Tracy Moore CURB Records Inc true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03782164 2023-12-31 03782164 2024-12-31 03782164 2024-01-01 2024-12-31 03782164 frs-core:CurrentFinancialInstruments 2024-12-31 03782164 frs-core:ShareCapital 2024-12-31 03782164 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03782164 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03782164 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03782164 frs-bus:SmallEntities 2024-01-01 2024-12-31 03782164 frs-bus:Audited 2024-01-01 2024-12-31 03782164 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03782164 1 2024-01-01 2024-12-31 03782164 frs-bus:Director1 2024-01-01 2024-12-31 03782164 frs-bus:Director2 2024-01-01 2024-12-31 03782164 frs-bus:Director3 2024-01-01 2024-12-31 03782164 frs-bus:Director4 2024-01-01 2024-12-31 03782164 frs-countries:EnglandWales 2024-01-01 2024-12-31 03782164 2022-12-31 03782164 2023-12-31 03782164 2023-01-01 2023-12-31 03782164 frs-core:CurrentFinancialInstruments 2023-12-31 03782164 frs-core:ShareCapital 2023-12-31 03782164 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03782164
Curb Records Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 03782164
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 7,354 2,673
Cash at bank and in hand 666,954 626,046
674,308 628,719
Creditors: Amounts Falling Due Within One Year 5 (429,884 ) (411,949 )
NET CURRENT ASSETS (LIABILITIES) 244,424 216,770
TOTAL ASSETS LESS CURRENT LIABILITIES 244,424 216,770
NET ASSETS 244,424 216,770
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 244,422 216,768
SHAREHOLDERS' FUNDS 244,424 216,770
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
Mr Bryan Stewart
Director
23/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Curb Records Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03782164 . The registered office is Adams & Moore House, Instone Road, Dartford, England, DA1 2AG.
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 comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax and trade discounts.
2.3. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. 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.
2.5. Cashflow
Exemption has been taken from preparing a cashflow statement on the grounds that the company qualifies as a small company.
3. Average Number of Employees
Average number of employees during the year was as follows: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,354 2,673
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,301 12,278
Amounts owed to group undertakings 60,104 41,148
Other creditors 333,458 337,722
Taxation and social security 25,021 20,801
429,884 411,949
Other creditors includes an accrual for royalties payable to other group companies amounting to £293,155 (2023: £312,723).
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
7. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
8. Ultimate Controlling Party
The company's ultimate controlling party is CURB Records Inc , incorporated in the USA, by virtue of his ownership of 100% of the issued share capital in the company. The registered office and principal place of business is 48 Music Square East, Nashville, Tennessee TN37203.
9. Audit Information
The auditor's report on the accounts of Curb Records Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Raymond McDonagh FCA (Senior Statutory Auditor) for and on behalf of Crane & Partners , Statutory Auditor.
Crane & Partners
Chartered Accountants & Statutory Auditors
Leonard House
5-7 Newman Road
Bromley
BR1 1RJ
Page 3