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REGISTERED NUMBER: 09127415 (England and Wales)















AURA JOURNEYS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022






AURA JOURNEYS LTD (REGISTERED NUMBER: 09127415)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


AURA JOURNEYS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: N Jackson-Smith
Mrs P L Jackson-Smith





REGISTERED OFFICE: 37 Goldstraw Lane
Fernwood
Newark
Nottinghamshire
NG24 3FD





REGISTERED NUMBER: 09127415 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW

AURA JOURNEYS LTD (REGISTERED NUMBER: 09127415)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,810 60,579

CURRENT ASSETS
Debtors 5 68,893 35,571
Cash at bank and in hand 31,641 44,989
100,534 80,560
CREDITORS
Amounts falling due within one year 6 104,726 24,283
NET CURRENT (LIABILITIES)/ASSETS (4,192 ) 56,277
TOTAL ASSETS LESS CURRENT LIABILITIES 104,618 116,856

CREDITORS
Amounts falling due after more than one year 7 98,487 76,487
NET ASSETS 6,131 40,369

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 6,121 40,359
SHAREHOLDERS' FUNDS 6,131 40,369

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:





N Jackson-Smith - Director


AURA JOURNEYS LTD (REGISTERED NUMBER: 09127415)

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

1. STATUTORY INFORMATION

Aura Journeys 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.

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.

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

Property, plant and equipment.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 1 ) .

AURA JOURNEYS LTD (REGISTERED NUMBER: 09127415)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 113,281
Additions 71,274
At 31 March 2022 184,555
DEPRECIATION
At 1 April 2021 52,702
Charge for year 23,043
At 31 March 2022 75,745
NET BOOK VALUE
At 31 March 2022 108,810
At 31 March 2021 60,579

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 30,902 1,563
Other debtors 37,991 34,008
68,893 35,571

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 5,458 513
Hire purchase contracts (see note 8) 22,107 11,823
Trade creditors 5 5
Taxation and social security 13,465 7,787
Other creditors 63,691 4,155
104,726 24,283

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 43,380 49,487
Hire purchase contracts (see note 8) 55,107 27,000
98,487 76,487

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 20,125 -

AURA JOURNEYS LTD (REGISTERED NUMBER: 09127415)

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

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2022 2021
£    £   
Net obligations repayable:
Within one year 22,107 11,823
Between one and five years 55,107 27,000
77,214 38,823

Non-cancellable operating leases
2022 2021
£    £   
Within one year 4,578 -
Between one and five years 4,578 -
9,156 -

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
10 Ordinary shares £1 10 10