IRIS Accounts Production v25.3.0.601 03805704 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03805704 2024-03-31 03805704 2025-03-31 03805704 2024-04-01 2025-03-31 03805704 2023-03-31 03805704 2023-04-01 2024-03-31 03805704 2024-03-31 03805704 ns15:EnglandWales 2024-04-01 2025-03-31 03805704 ns14:PoundSterling 2024-04-01 2025-03-31 03805704 ns10:Director1 2024-04-01 2025-03-31 03805704 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03805704 ns10:SmallEntities 2024-04-01 2025-03-31 03805704 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03805704 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 03805704 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03805704 ns10:FullAccounts 2024-04-01 2025-03-31 03805704 1 2024-04-01 2025-03-31 03805704 ns10:Director2 2024-04-01 2025-03-31 03805704 ns10:CompanySecretary1 2024-04-01 2025-03-31 03805704 ns10:RegisteredOffice 2024-04-01 2025-03-31 03805704 ns5:CurrentFinancialInstruments 2025-03-31 03805704 ns5:CurrentFinancialInstruments 2024-03-31 03805704 ns5:Non-currentFinancialInstruments 2025-03-31 03805704 ns5:Non-currentFinancialInstruments 2024-03-31 03805704 ns5:ShareCapital 2025-03-31 03805704 ns5:ShareCapital 2024-03-31 03805704 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03805704 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03805704 ns5:NetGoodwill 2024-04-01 2025-03-31 03805704 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-04-01 2025-03-31 03805704 ns5:FurnitureFittings 2024-04-01 2025-03-31 03805704 ns5:ComputerEquipment 2024-04-01 2025-03-31 03805704 ns5:NetGoodwill 2024-03-31 03805704 ns5:NetGoodwill 2025-03-31 03805704 ns5:NetGoodwill 2024-03-31 03805704 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-03-31 03805704 ns5:FurnitureFittings 2024-03-31 03805704 ns5:ComputerEquipment 2024-03-31 03805704 ns5:LandBuildings ns5:ShortLeaseholdAssets 2025-03-31 03805704 ns5:FurnitureFittings 2025-03-31 03805704 ns5:ComputerEquipment 2025-03-31 03805704 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-03-31 03805704 ns5:FurnitureFittings 2024-03-31 03805704 ns5:ComputerEquipment 2024-03-31 03805704 ns5:CostValuation 2024-03-31 03805704 ns5:AdditionsToInvestments 2025-03-31 03805704 ns5:DisposalsRepaymentsInvestments 2025-03-31 03805704 ns5:RevaluationsIncreaseDecreaseInInvestments 2025-03-31 03805704 ns5:CostValuation 2025-03-31 03805704 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 03805704 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 03805704 ns5:WithinOneYear 2025-03-31 03805704 ns5:WithinOneYear 2024-03-31 03805704 ns5:BetweenOneFiveYears 2025-03-31 03805704 ns5:BetweenOneFiveYears 2024-03-31 03805704 ns5:AllPeriods 2025-03-31 03805704 ns5:AllPeriods 2024-03-31 03805704 ns5:DeferredTaxation 2024-03-31 03805704 ns5:DeferredTaxation 2025-03-31

REGISTERED NUMBER: 03805704 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CUCAMARA LIMITED

| CUCAMARA LIMITED (REGISTERED NUMBER: 03805704) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| CUCAMARA LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| Directors: | R J Darby

| T W Vincent

| Secretary: | T W Vincent

| Registered office: | 10 Stadium Business Court

| Millennium Way Pride Park

| Derby

| Derbyshire

| DE24 8HP

| Registered number: | 03805704 (England and Wales)

| Accountants: | TC Group

| 10 Stadium Business Court

| Millennium Way

| Pride Park

| Derby

| DE24 8HP

| CUCAMARA LIMITED (REGISTERED NUMBER: 03805704) |

BALANCE SHEET

31 MARCH 2025

2025 | 2024 |

| Notes | £ | £

Fixed assets

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | - |  | 95,503 |  |

Investments | 6 | 441,685 |  | 221,375 |  |

441,685 |  | 316,878 |  |

Current assets

Stocks | 7 | - |  | 439,284 |  |

Debtors | 8 | 261,097 |  | 550,217 |  |

Cash at bank | 64,272 |  | 92,017 |  |

325,369 |  | 1,081,518 |  |

Creditors

Amounts falling due within one year | 9 | (64,136 | ) | (430,455 | ) |

Net current assets | 261,233 |  | 651,063 |  |

Total assets less current liabilities | 702,918 |  | 967,941 |  |

Creditors

Amounts falling due after more than one year | 10 | - |  | (68,833 | ) |

Provisions for liabilities | 12 | - |  | (47,321 | ) |

Net assets | 702,918 |  | 851,787 |  |

Capital and reserves

Called up share capital | 13 | 100 |  | 100 |  |

Retained earnings | 702,818 |  | 851,687 |  |

Shareholders' funds | 702,918 |  | 851,787 |  |

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.

| CUCAMARA LIMITED (REGISTERED NUMBER: 03805704) |

BALANCE SHEET - continued

31 MARCH 2025

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 November 2025 and were signed on its behalf by:

R J Darby - Director

| CUCAMARA LIMITED (REGISTERED NUMBER: 03805704) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Cucamara 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 as modified by the revaluation of certain assets.

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

| Judgements and key sources of estimation uncertainty

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Turnover

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

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of five years.

| Tangible fixed assets

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

| Leasehold improvements | - | 33% on cost

| Fixtures and fittings | - | 25% on cost

| Equipment | - | 33% on cost

| Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

| Stocks

| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| CUCAMARA LIMITED (REGISTERED NUMBER: 03805704) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| 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

| Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

| When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

| Investments

| Listed investments are measured at fair value with changes in fair value being recognised in the income statement.

| Impairment of fixed assets

| A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

| For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

| For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 36 (2024 - 85 ) .

| CUCAMARA LIMITED (REGISTERED NUMBER: 03805704) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | INTANGIBLE FIXED ASSETS

Goodwill |

| £

| Cost

| At 1 April 2024

| and 31 March 2025 | 14,300 |  |

| Amortisation

| At 1 April 2024

| and 31 March 2025 | 14,300 |  |

| Net book value

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

Fixtures |

Leasehold | and |

improvements | fittings | Equipment | Totals |

| £ | £ | £ | £

| Cost

| At 1 April 2024 | 14,520 |  | 342,395 |  | 15,590 |  | 372,505 |  |

| Additions | - |  | 4,856 |  | - |  | 4,856 |  |

| Disposals | (14,520 | ) | (347,251 | ) | (15,590 | ) | (377,361 | ) |

| At 31 March 2025 | - |  | - |  | - |  | - |  |

| Depreciation

| At 1 April 2024 | 14,502 |  | 249,042 |  | 13,458 |  | 277,002 |  |

| Charge for year | 19 |  | 17,466 |  | 628 |  | 18,113 |  |

| Eliminated on disposal | (14,521 | ) | (266,508 | ) | (14,086 | ) | (295,115 | ) |

| At 31 March 2025 | - |  | - |  | - |  | - |  |

| Net book value

| At 31 March 2025 | - |  | - |  | - |  | - |  |

| At 31 March 2024 | 18 |  | 93,353 |  | 2,132 |  | 95,503 |  |

| CUCAMARA LIMITED (REGISTERED NUMBER: 03805704) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | FIXED ASSET INVESTMENTS

Other |

investments |

| £

| Cost or valuation

| At 1 April 2024 | 221,375 |  |

| Additions | 452,045 |  |

| Disposals | (126,637 | ) |

| Revaluations | (105,098 | ) |

| At 31 March 2025 | 441,685 |  |

| Net book value

| At 31 March 2025 | 441,685 |  |

| At 31 March 2024 | 221,375 |  |

| Fixed asset investments are listed shares held in an investment portfolio and the value quoted above is the listed value at the balance sheet date.

| The historical cost of these investments is £452,506 (2024: £127,656).

7. | STOCKS

2025 | 2024 |

| £ | £

| Raw materials and consumables | - |  | 19,141 |  |

| Stock | - |  | 420,143 |  |

- |  | 439,284 |  |

8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Other debtors | 17,600 |  | 386,040 |  |

| Directors' loan accounts | 243,497 |  | 164,177 |  |

261,097 |  | 550,217 |  |

9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade creditors | 2,024 |  | 83,595 |  |

| Corporation tax | 56,933 |  | 72,089 |  |

| Social security and other taxes | - |  | 20,349 |  |

| VAT | 1,956 |  | 56,645 |  |

| Other creditors | 3,223 |  | 138,777 |  |

| Bank loans | - |  | 59,000 |  |

64,136 |  | 430,455 |  |

| CUCAMARA LIMITED (REGISTERED NUMBER: 03805704) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans | - |  | 68,833 |  |

11. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

| £ | £

| Within one year | 846 |  | 37,841 |  |

| Between one and five years | - |  | 846 |  |

846 |  | 38,687 |  |

12. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

| £ | £

| Deferred tax | - |  | 47,321 |  |

Deferred tax |

| £

| Balance at 1 April 2024 | 47,321 |  |

| Balance at 31 March 2025 | 47,321 |  |

13. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: |  | Class: |  | Nominal |  | 2025 |  | 2024 |  |

|  | value: |  | £ |  | £ |  |

| 26 |  | A1 Ordinary |  | £1 |  | 26 |  | 94 |  |

| 2 |  | A2 Ordinary |  | £1 |  | 2 |  | 6 |  |

| 26 |  | A3 Ordinary |  | £1 |  | 26 |  |

| 21 |  | A4 Ordinary |  | £1 |  | 21 |  |

| 21 |  | A5 Ordinary |  | £1 |  | 21 |  |

| 2 |  | A6 Ordinary |  | £1 |  | 2 |  |

| 2 |  | A7 Ordinary |  | £1 |  | 2 |  |

|  | 100 |  | 100 |  |

| CUCAMARA LIMITED (REGISTERED NUMBER: 03805704) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

14. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the year ended 31 March 2025:

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| R J Darby and T W Vincent |  |

| Balance owed to company at start of year |  | 164,177 |  | 152,583 |  |

| Amounts advanced |  | 287,903 |  | 363,145 |  |

| Amounts repaid |  | (208,583 | ) | (351,551 | ) |

| Amounts written off |  | - |  | - |  |

| Amounts waived |  | - |  | - |  |

| Balance owed to company at end of year |  | 243,497 |  | 164,177 |  |

| It is the company policy to charge interest on all overdrawn loan accounts at the HMRC official rate of interest (2.25%).

| The amount charged during the year in respect of the above loans was £5,776 (2024: £2,680) and has been included in other debtors.

15. | RELATED PARTY DISCLOSURES

| The company was under the control of the directors throughout the current and previous years, who are also majority shareholders.

| Included within other debtors is £9,855 (2024: £363,470) which relates to transactions with related companies.