Curran Retail Ltd - Filleted accounts

Registered number

NI667101

Curran Retail Ltd

Filleted Accounts

31 January 2026

Curran Retail Ltd
Registered number:		NI667101
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		187,809			187,809
Tangible assets	4		45,082			14,832
			232,891			202,641

Current assets
Stocks		60,158			58,220
Debtors	5	6,020			6,020
Cash at bank and in hand		68,905			43,252
		135,083			107,492

Creditors: amounts falling due within one year	6	(325,973)			(312,106)

Net current liabilities			(190,890)			(204,614)

Net assets/(liabilities)			42,001			(1,973)

Capital and reserves
Called up share capital			1			1
Profit and loss account			42,000			(1,974)

Shareholders' funds			42,001			(1,973)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Michael Curran
Director
Approved by the board on 14 August 2026

Curran Retail Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		11		11


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 February 2025				187,809
	At 31 January 2026				187,809

	Amortisation
	At 31 January 2026				-

	Net book value
	At 31 January 2026				187,809
	At 31 January 2025				187,809

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2025				14,832
	Additions				30,250
	At 31 January 2026				45,082

	Depreciation
	At 31 January 2026				-

	Net book value
	At 31 January 2026				45,082
	At 31 January 2025				14,832


5	Debtors		2026		2025
£				£

	Other debtors		6,020		6,020


6	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loans and overdrafts		6,538		26,538
	Trade creditors		81,211		60,357
	Taxation and social security costs		14,064		3,419
	Other creditors		224,160		221,792
			325,973		312,106

7	Other information

	Curran Retail Ltd is a private company limited by shares and incorporated in N. Ireland. Its registered office is:
	15 Queensway Park
	Dunmurray
	Belfast
	BT17 9HP