Company Registration No. 09931147 (England and Wales)
Curious Quo Limited
Unaudited accounts
for the year ended 31 December 2022
Curious Quo Limited
Unaudited accounts
Contents
Curious Quo Limited
Company Information
for the year ended 31 December 2022
Directors
Ms M Pennington
Ms A Farrell
Company Number
09931147 (England and Wales)
Registered Office
Green Head Garden
Storth Road, Storth
Milnthorpe
Cumbria
LA7 7HF
Accountants
Red Rose Accountancy Services Ltd
Green Head Garden
Storth Road, Storth
Milnthorpe
Cumbria
LA7 7HF
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of Curious Quo Limited (The Company) for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 December 2022 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 December 2022.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Red Rose Accountancy Services Ltd
Financial Accountants
Green Head Garden
Storth Road, Storth
Milnthorpe
Cumbria
LA7 7HF
8 September 2023
Curious Quo Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
1,151
1,539
Creditors: amounts falling due within one year
(3,625)
(3,585)
Net current liabilities
(2,474)
(2,046)
Net liabilities
(2,474)
(2,046)
Called up share capital
1
1
Profit and loss account
(2,475)
(2,047)
Shareholders' funds
(2,474)
(2,046)
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2023 and were signed on its behalf by
Ms A Farrell
Director
Company Registration No. 09931147
Curious Quo Limited
Notes to the Accounts
for the year ended 31 December 2022
Curious Quo Limited is a private company, limited by shares, registered in England and Wales, registration number 09931147. The registered office is Green Head Garden, Storth Road, Storth, Milnthorpe, Cumbria, LA7 7HF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Creditors: amounts falling due within one year
2022
2021
Amounts owed to group undertakings and other participating interests
2,910
2,870
Loans from directors
325
325
Curious Quo Limited
Notes to the Accounts
for the year ended 31 December 2022
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 2 (2021: 2).
