General Information
Curious Family Investments Limited is a private company, limited by shares, registered in England and Wales, under 13113317, at Forest House, Bishops Down Park Road, Tunbridge Wells, Kent, TN4 8XS.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 (under Part 1A), the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006.
Basis of preparation
The financial statements are presented in £ Sterling (which is the operational currency of the Company), on the going concern basis under the historical cost convention in accordance with the accounting policies.
Going concern basis
In preparing the financial statements, the director is required to make an assessment of the ability of the Company to continue as a going concern. The director has considered all available evidence for the Company which covers the 12 months from the date of signing these financial statements. The director has paid particular attention to likely cashflow requirements and future availability of adequate cashflow to the Company.
On the basis of this consideration, the director is confident that the Company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion he is satisfied that no material uncertainty exists. As a result of the above, the director concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion.
Turnover
Turnover comprises the rents received from the investment properties held.
Taxation
Taxation represents the sum of corporation tax currently payable recognised in the profit and loss account. No provision is made for deferred tax. The Company's liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Fixtures and Fittings |
15% Reducing Balance
|
Investment properties
Investment properties are properties held to earn rentals and/or capital appreciation. They are included in the balance sheet at their open market [last determined by the director on 31 March 2023]. Any resulting aggregate surplus is transferred to a revaluation reserve. No depreciation is provided for which accords with the Financial Reporting Standard for Smaller Entities (effective January 2015), however, it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director, compliance with the standard is necessary for the balance sheet to give a true and fair view.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any diminution in value.
Current asset investments
Current asset investments are stated at the lower of cost and net realisable value.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 1).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Investment properties |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 April 2024 |
7,635 |
|
2,300,000 |
|
2,307,635 |
| Additions |
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
| At 31 March 2025 |
7,635 |
|
2,300,000 |
|
2,307,635 |
| Depreciation |
| At 01 April 2024 |
3,153 |
|
- |
|
3,153 |
| Charge for year |
672 |
|
- |
|
672 |
| On disposals |
- |
|
- |
|
- |
| At 31 March 2025 |
3,825 |
|
- |
|
3,825 |
| Net book values |
| Closing balance as at 31 March 2025 |
3,810 |
|
2,300,000 |
|
2,303,810 |
| Opening balance as at 01 April 2024 |
4,482 |
|
2,300,000 |
|
2,304,482 |
|
| 4. |
Investments in Subsidiary
| Cost |
Investments in group undertakings |
|
Total |
| |
£ |
|
£ |
| At 01 April 2024 |
284,175 |
|
284,175 |
| Additions |
350 |
|
350 |
| Disposals |
- |
|
- |
| At 31 March 2025 |
284,525 |
|
284,525 |
|
| 5. |
Investments
|
2025
£ |
|
2024
£ |
| Datatonic Holdings |
31,726 |
|
25,000 |
| Outsized Ventures |
10,083 |
|
7,983 |
|
41,809 |
|
32,983 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
2,900 |
|
- |
| Other Creditors |
2,183 |
|
975 |
|
5,083 |
|
975 |
|
| 7. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Other Creditors |
2,252,462 |
|
2,257,109 |
|
2,252,462 |
|
2,257,109 |
|
| 8. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
70,000
Class A shares of £1.00 each |
70,000 |
|
70,000 |
|
70,000
Class B shares of £1.00 each |
70,000 |
|
70,000 |
|
70,000
Class C shares of £1.00 each |
70,000 |
|
70,000 |
|
70,000
Class D shares of £1.00 each |
70,000 |
|
70,000 |
|
70,000
Class E shares of £1.00 each |
70,000 |
|
70,000 |
| 70,000 Class F shares of £1.00 each |
70,000 |
|
70,000 |
|
420,000 |
|
420,000 |
|
| 9. |
Revaluation Reserves
|
2025
£ |
|
2024
£ |
| Revaluation Reserve |
114,471 |
|
114,471 |
|
114,471 |
|
114,471 |
|
| 10. |
Group Undertakings
The Company controls 100% of Curiouser Minds Limited (incorporated in England & Wales on 3 December 2021 with company number 13781707). In its last financial year, ended 31 December 2024, the subsidiary reported ££24,171 profits and net liabilities of £513,627.
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4
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