Company Registration No. 10709247 (England and Wales)
Curious Arts Limited
Unaudited accounts
for the year ended 30 April 2021
Curious Arts Limited
Company Information
for the year ended 30 April 2021
Directors
Craig Astley
David Tuffnell
Ilya Pearlman
Lewis Latimer
Christopher Ashford
Verity Bartesch
Kathryn Cardose
Humira Imtiaz
Gareth Longstaff
Kate Newall
Company Number
10709247 (England and Wales)
Registered Office
Dance City
Temple Street
Newcastle upon Tyne
NE1 4BR
Curious Arts Limited
Statement of financial position
as at
30 April 2021
Cash at bank and in hand
18,672
10,483
Creditors: amounts falling due within one year
(13,649)
(11,022)
Net current assets
5,357
4,122
Profit and loss account
6,374
4,122
Members' funds
6,374
4,122
For the year ending 30 April 2021 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 25 May 2021 and were signed on its behalf by
Craig Astley
Director
Company Registration No. 10709247
Curious Arts Limited
Notes to the Accounts
for the year ended 30 April 2021
Curious Arts Limited is a private company, limited by guarantee, registered in England and Wales, registration number 10709247. The registered office is Dance City, Temple Street, Newcastle upon Tyne, NE1 4BR.
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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:
Computer equipment
Over 3 years
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Curious Arts Limited
Notes to the Accounts
for the year ended 30 April 2021
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
334
4,661
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
297
650
Deferred income
8,317
3,262
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).