Company Registration No. 07086656 (England and Wales)
Aurora Powder Coatings Ltd
Unaudited accounts
for the year ended 30 April 2022
Aurora Powder Coatings Ltd
Unaudited accounts
Contents
Aurora Powder Coatings Ltd
Company Information
for the year ended 30 April 2022
Directors
Andrew Montgomery
David Montgomery
Company Number
07086656 (England and Wales)
Registered Office
Unit 20 Blackwater Way
Aldershot
Hampshire
GU12 4DP
Accountants
Black & White Chartered Certified Accountants
2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL
Aurora Powder Coatings Ltd
Statement of financial position
as at 30 April 2022
Tangible assets
33,811
39,344
Cash at bank and in hand
254,634
238,052
Creditors: amounts falling due within one year
(141,707)
(127,701)
Net current assets
235,908
201,228
Total assets less current liabilities
269,719
240,572
Creditors: amounts falling due after more than one year
(42,894)
(50,874)
Net assets
226,825
189,698
Called up share capital
200
200
Profit and loss account
226,625
189,498
Shareholders' funds
226,825
189,698
For the year ending 30 April 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 31 August 2022 and were signed on its behalf by
Andrew Montgomery
Director
Company Registration No. 07086656
Aurora Powder Coatings Ltd
Notes to the Accounts
for the year ended 30 April 2022
Aurora Powder Coatings Ltd is a private company, limited by shares, registered in England and Wales, registration number 07086656. The registered office is Unit 20 Blackwater Way, Aldershot, Hampshire, GU12 4DP.
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.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2021
150,519
7,090
256
1,848
159,713
Additions
1,162
-
-
3,872
5,034
At 30 April 2022
151,681
7,090
256
5,720
164,747
At 1 May 2021
112,447
6,689
51
1,182
120,369
Charge for the year
9,518
100
41
908
10,567
At 30 April 2022
121,965
6,789
92
2,090
130,936
At 30 April 2022
29,716
301
164
3,630
33,811
At 30 April 2021
38,072
401
205
666
39,344
Aurora Powder Coatings Ltd
Notes to the Accounts
for the year ended 30 April 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
117,539
85,435
Accrued income and prepayments
3,442
3,442
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
9,609
11,497
Trade creditors
6,934
6,127
Taxes and social security
43,199
47,313
Loans from directors
48,561
28,672
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 7 (2021: 7).