REGISTERED NUMBER: 10185384 (England and Wales)

CURA COMMERCIAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K J W Weir

A J Weir

REGISTERED OFFICE:

Suite 6, Furzehall Farm

110 Wickham Road

Fareham

Hampshire

PO16 7JH

REGISTERED NUMBER:

10185384 (England and Wales)

FIXED ASSETS

Tangible assets

4

79,680

-

Investments

5

1

440,001

79,681

440,001

CURRENT ASSETS

Debtors

6

732,104

2,952,701

Cash at bank

584,597

74,939

1,316,701

3,027,640

CREDITORS

Amounts falling due within one year

7

(786,505

)

(261,773

)

NET CURRENT ASSETS

530,196

2,765,867

TOTAL ASSETS LESS CURRENT LIABILITIES

609,877

3,205,868

CREDITORS

Amounts falling due after more than one year

8

(60,918

)

(86,021

)

PROVISIONS FOR LIABILITIES

(3,588

)

-

NET ASSETS

545,371

3,119,847

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

545,271

3,119,747

545,371

3,119,847

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 31 July 2026 and were signed on its behalf by:

K J W Weir - Director

1.	STATUTORY INFORMATION

Cura Commercial 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.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. 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.

Amounts recoverable on contracts

Turnover relating to projects that are ongoing at the year end is determined by reference to the stage of completion of the contract.

Where work is completed but not invoiced at the year end, the value of this is held as amounts recoverable on contracts and is included within current assets.

Tangible fixed assets

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

Motor vehicles

-

Straight line over 5 years

Investments in subsidiaries

Investments in subsidiaries are measured at cost less any due allowances for impairments.

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.

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

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

Additions

93,150

At 31 October 2025

93,150

DEPRECIATION

Charge for year

13,470

At 31 October 2025

13,470

NET BOOK VALUE

At 31 October 2025

79,680

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

440,001

Disposals

(440,000

)

At 31 October 2025

1

NET BOOK VALUE

At 31 October 2025

1

At 31 October 2024

440,001

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

116,361

64,855

Amounts owed by group undertakings

-

2,530,564

Amounts recoverable on contract

214,250

127,266

Other debtors

401,493

230,016

732,104

2,952,701

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,834

9,880

Hire purchase contracts

12,726

-

Trade creditors

111,061

42,481

Taxation and social security

231,865

142,962

Other creditors

425,019

66,450

786,505

261,773

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

5,971

Hire purchase contracts

60,918

-

Other creditors

-

80,050

60,918

86,021

Creditors due in more than one year include amounts owed to related parties totalling £Nil (2024: £80,050).

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

73,644

-

Hire purchase liabilities are secured against the assets which they relate to.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year amounts totalling £49,875 were repaid to the company by the directors, in respect of previous advances.

At the balance sheet date, the company was owed £Nil (2024: £49,875) by the directors.

11.	RELATED PARTY DISCLOSURES

From 13 December 2024, Cura Commercial (Holdings) Limited became the immediate and ultimate parent company.

During the year the company undertook a group reorganisation whereby its investment in Airport Facilities (Maintenance) Limited was transferred as part of a de-merger arrangement. Following completion of the transaction, Airport Facilities (Maintenance) Limited ceased to be a subsidiary undertaking of the company. The financial effect of the transaction has been reflected in these financial statements.