REGISTERED NUMBER: 10537766 (England and Wales)

CURSITOR RPI LTD

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

K R Prichard Jones

S F Reed

E N Reed

Registered office:

10 Norwich Street

London

EC4A 1BD

Registered number:

10537766 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Fixed assets

Tangible assets

4

340,000

340,000

Current assets

Debtors

5

8,263

14,650

Cash at bank

129,204

113,200

137,467

127,850

Creditors

Amounts falling due within one year

6

(610,416

)

(610,610

)

Net current liabilities

(472,949

)

(482,760

)

Total assets less current liabilities

(132,949

)

(142,760

)

Capital and reserves

Called up share capital

7

4

4

Fair value reserve

(266,620

)

(266,620

)

Retained earnings

133,667

123,856

Shareholders' funds

(132,949

)

(142,760

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 17 October 2025 and were signed on its behalf by:

E N Reed - Director

1.	Statutory information

Cursitor RPI Ltd is a private company limited by shares and incorporated in England and Wales. The address of the company's registered office is 10 Norwich Street, London, EC4A 1BD. The registered number is 1053776.

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound. The principal accounting policies adopted are set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Other income

Dilapidations income is measured at the fair value of consideration received or receivable net of 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.

Financial instruments

The company has applied the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instrument Issues" of FRS 102 to its financial statements.

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Leasing incentives

The company from time to time provides incentives to enter into new lease agreements. These incentives may take the form of an initial period of lease being rent free or at a reduced rent. In accordance with the standard accounting treatment for lease incentives, the rent free period or reduction in rent is allocated on a straight line basis over the full lease term or where a lease commenced prior to the date of transition to Section 1A of FRS 102, up to the rent review date.

Investment property

Investment properties are properties which are held either to earn rental income or for capital appreciation or for both.

Investment properties are measured at cost upon initial recognition. The initial cost of the property comprises of its purchase price and any directly attributable expenditure.

Subsequently, investment property is measured at fair value at each reporting date with changes in fair value recognised in the income statement in the period that they arise. No depreciation is provided in respect of investment properties applying the fair value model.

3.	Employees and directors

The average number of employees during the year was 3 (2024 - 3 ) .

4.	Tangible fixed assets

Freehold

property

£

Cost

At 1 April 2024

and 31 March 2025

340,000

Net book value

At 31 March 2025

340,000

At 31 March 2024

340,000

Independent professional revaluations of all investment properties, taking into account the open market conditions, were carried out as at 31 March 2023. The Director confirms the value of the property is unlikely to have materially change since this valuation.

In respect of the fixed assets stated valuations, the comparable historical cost values are as follows:

2025

2024

£

£

Historical Cost

606,620

606,620

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

8,263

14,650

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Taxation and social security

2,301

2,495

Other creditors

608,115

608,115

610,416

610,610

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

4

Ordinary

£1

4

4