Company Registration No. 06578021 (England and Wales)
Curechem Ltd
Unaudited accounts
for the year ended 30 April 2023
Curechem Ltd
Unaudited accounts
Contents
Curechem Ltd
Company Information
for the year ended 30 April 2023
Directors
Amit Shah
Dr Sakthivel Thiagarajan
Company Number
06578021 (England and Wales)
Registered Office
54 Gardiner Way
Springfield
CHELMSFORD
CM1 6BS
United Kingdom
Accountants
BPACL Accountancy Services Limited
83 Cowley Hill
Borehamwood
Hertfordshire
WD6 5NA
Curechem Ltd
Statement of financial position
as at 30 April 2023
Intangible assets
37,597
56,395
Tangible assets
10,174
8,848
Cash at bank and in hand
219,724
465,494
Creditors: amounts falling due within one year
(155,861)
(382,665)
Net current assets
177,337
234,810
Total assets less current liabilities
225,108
300,053
Provisions for liabilities
Net assets
223,317
300,053
Called up share capital
200,000
200,000
Profit and loss account
23,317
100,053
Shareholders' funds
223,317
300,053
For the year ending 30 April 2023 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 22 September 2023 and were signed on its behalf by
Amit Shah
Director
Company Registration No. 06578021
Curechem Ltd
Notes to the Accounts
for the year ended 30 April 2023
Curechem Ltd is a private company, limited by shares, registered in England and Wales, registration number 06578021. The registered office is 54 Gardiner Way, Springfield, CHELMSFORD, CM1 6BS, United Kingdom.
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.
These financial statements for the year ended 30 April 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
18,798
Curechem Ltd
Notes to the Accounts
for the year ended 30 April 2023
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2022
6,336
95,249
101,585
At 30 April 2023
6,336
99,966
106,302
At 1 May 2022
6,336
86,401
92,737
Charge for the year
-
3,391
3,391
At 30 April 2023
6,336
89,792
96,128
At 30 April 2023
-
10,174
10,174
At 30 April 2022
-
8,848
8,848
Amounts falling due within one year
Trade debtors
43,253
80,603
Accrued income and prepayments
12,725
16,515
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
83,354
73,440
Taxes and social security
11,793
21,152
Other creditors
3,807
6,359
Loans from directors
14,633
10,576
8
Guarantees provided on behalf of directors
The bank facilities are secured by way of a debenture created on 28 April 2012.
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).