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REGISTERED NUMBER: 06145642 (England and Wales)










AURORA SMILE STUDIO LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022






AURORA SMILE STUDIO LTD (REGISTERED NUMBER: 06145642)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AURORA SMILE STUDIO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: Dr N Kapoor





SECRETARY: Mrs K Elahi





REGISTERED OFFICE: 2 Little Orchard Close
Abbots Langley
Hertfordshire
WD5 0LQ





REGISTERED NUMBER: 06145642 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB

AURORA SMILE STUDIO LTD (REGISTERED NUMBER: 06145642)

BALANCE SHEET
31 MARCH 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Investments 5 1 1
Investment property 6 188,749 -
188,751 2

CURRENT ASSETS
Debtors 7 294,600 294,600
Cash at bank 401 17,791
295,001 312,391
CREDITORS
Amounts falling due within one year 8 123,863 66,847
NET CURRENT ASSETS 171,138 245,544
TOTAL ASSETS LESS CURRENT
LIABILITIES

359,889

245,546

CREDITORS
Amounts falling due after more than one year 9 39,816 -
NET ASSETS 320,073 245,546

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 319,973 245,446
SHAREHOLDERS' FUNDS 320,073 245,546

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AURORA SMILE STUDIO LTD (REGISTERED NUMBER: 06145642)

BALANCE SHEET - continued
31 MARCH 2022


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 director and authorised for issue on 6 September 2022 and were signed by:





Dr N Kapoor - Director


AURORA SMILE STUDIO LTD (REGISTERED NUMBER: 06145642)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Aurora Smile Studio Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

AURORA SMILE STUDIO LTD (REGISTERED NUMBER: 06145642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 40,000
AMORTISATION
At 1 April 2021
and 31 March 2022 39,999
NET BOOK VALUE
At 31 March 2022 1
At 31 March 2021 1

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2021
and 31 March 2022 1
NET BOOK VALUE
At 31 March 2022 1
At 31 March 2021 1

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 188,749
At 31 March 2022 188,749
NET BOOK VALUE
At 31 March 2022 188,749

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Other debtors 294,600 294,600

AURORA SMILE STUDIO LTD (REGISTERED NUMBER: 06145642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 5,556 50,000
Taxation and social security 18,758 15,457
Other creditors 99,549 1,390
123,863 66,847

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans 39,816 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 17,593 -

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary £1 100 100

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

31.3.22 31.3.21
£    £   
Dr N Kapoor
Balance outstanding at start of year - 70,000
Amounts repaid - (70,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Included within the other creditors, the amount owed to the director is £98,753 (2021: £ 621). The loans are interest free and with no fixed date of repayment.

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £2,000 (2021 - £2,000) were paid to the director .

13. ULTIMATE CONTROLLING PARTY

The controlling party is Dr N Kapoor.