Curewell Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07484749

Curewell Limited

Filleted Unaudited Financial Statements

31 March 2025

Curewell Limited

Balance Sheet

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Investments	4	1,555,359	1,555,359

Current assets

Debtors	5	72,380	750
Cash at bank and in hand		68,453	97,967
		---------	--------
		140,833	98,717

Creditors: amounts falling due within one year	6	91,026	3,085
		---------	--------
Net current assets		49,807	95,632
		------------	------------
Total assets less current liabilities		1,605,166	1,650,991

Creditors: amounts falling due after more than one year	7	1,107,765	–
		------------	------------
Net assets		497,401	1,650,991
		------------	------------

Capital and reserves

Called up share capital	8	500	1,000
Profit and loss account		496,901	1,649,991
		---------	------------
Shareholders funds		497,401	1,650,991
		---------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Curewell Limited

Balance Sheet (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 15 October 2025 , and are signed on behalf of the board by:

Mr R M Shah

Director

Company registration number: 07484749

Curewell Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11 East Barnet Road, New Barnet, Hertfordshire, EN4 8RR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	1,555,359
	------------
Impairment
At 1 April 2024 and 31 March 2025	–
	------------

Carrying amount
At 31 March 2025	1,555,359
	------------
At 31 March 2024	1,555,359
	------------

The directors are of the opinion that the carrying value of the company's investments at the reporting date are the same as the market value.

The company owns more than 20% of the issued share capital of the company listed below.

Proportion

Subsidiary undertakings Holding Held Nature of

business

Mountford Chemists Limited Ordinary 100% Retail

pharmacy

shares

5. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings	72,380	750
	--------	----

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	83,333	–
Corporation tax	4,693	1,585
Other creditors	3,000	1,500
	--------	-------
	91,026	3,085
	--------	-------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,107,765	–
	------------	----

The bank loan is secured by fixed and floating charges over the properties held in the subsidiary.

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
A Ordinary shares of £ 0.50 each	250	125	250	125
B Ordinary shares of £ 0.50 each	375	188	375	188
C Ordinary shares of £ 0.50 each	375	188	375	188
	-------	----	-------	----
	1,000	500	1,000	500
	-------	----	-------	----

9. Related party transactions

The company has taken advantage of the exemption from disclosing related party transactions with other companies that are wholly owned within the group.

10. Controlling party

There is no controlling party as no shareholder has more than 50% beneficial holding in the company.