IRIS Accounts Production v23.1.5.20 11611936 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure116119362022-02-28116119362023-02-28116119362022-03-012023-02-28116119362021-02-28116119362021-03-012022-02-28116119362022-02-2811611936ns16:EnglandWales2022-03-012023-02-2811611936ns15:PoundSterling2022-03-012023-02-2811611936ns11:Director12022-03-012023-02-2811611936ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2811611936ns11:SmallEntities2022-03-012023-02-2811611936ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2811611936ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2811611936ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2811611936ns11:FullAccounts2022-03-012023-02-2811611936ns11:OrdinaryShareClass12022-03-012023-02-2811611936ns11:Director22022-03-012023-02-2811611936ns11:RegisteredOffice2022-03-012023-02-2811611936ns6:CurrentFinancialInstruments2023-02-2811611936ns6:CurrentFinancialInstruments2022-02-2811611936ns6:Non-currentFinancialInstruments2023-02-2811611936ns6:Non-currentFinancialInstruments2022-02-2811611936ns6:ShareCapital2023-02-2811611936ns6:ShareCapital2022-02-2811611936ns6:RetainedEarningsAccumulatedLosses2023-02-2811611936ns6:RetainedEarningsAccumulatedLosses2022-02-2811611936ns6:CostValuationns6:ListedExchangeTraded2022-02-2811611936ns6:CostValuationns6:UnlistedNon-exchangeTraded2022-02-2811611936ns6:AdditionsToInvestmentsns6:ListedExchangeTraded2023-02-2811611936ns6:AdditionsToInvestmentsns6:UnlistedNon-exchangeTraded2023-02-2811611936ns6:RevaluationsIncreaseDecreaseInInvestmentsns6:ListedExchangeTraded2023-02-2811611936ns6:RevaluationsIncreaseDecreaseInInvestmentsns6:UnlistedNon-exchangeTraded2023-02-2811611936ns6:CostValuationns6:ListedExchangeTraded2023-02-2811611936ns6:CostValuationns6:UnlistedNon-exchangeTraded2023-02-2811611936ns6:ListedExchangeTraded2023-02-2811611936ns6:UnlistedNon-exchangeTraded2023-02-2811611936ns6:ListedExchangeTraded2022-02-2811611936ns6:UnlistedNon-exchangeTraded2022-02-2811611936ns11:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 11611936 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Aum Group Limited

Aum Group Limited (Registered number: 11611936)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aum Group Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mr Prakash Narottambhai Patel
Mrs Anjana Patel





REGISTERED OFFICE: Office 1
21 Hatherton Street
Walsall
WS4 2LA





REGISTERED NUMBER: 11611936 (England and Wales)





ACCOUNTANTS: Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA

Aum Group Limited (Registered number: 11611936)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £   
FIXED ASSETS
Investments 4 2,766,211 2,662,698

CURRENT ASSETS
Cash at bank and in hand 7,437 8,705

CREDITORS
Amounts falling due within one year 5 (969,094 ) (903,020 )
NET CURRENT LIABILITIES (961,657 ) (894,315 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,804,554

1,768,383

CREDITORS
Amounts falling due after more than
one year

6

(1,365,872

)

(1,459,098

)
NET ASSETS 438,682 309,285

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings 438,482 309,085
SHAREHOLDERS' FUNDS 438,682 309,285

Aum Group Limited (Registered number: 11611936)

Balance Sheet - continued
28 February 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 14 September 2023 and were signed on its behalf by:





Mr Prakash Narottambhai Patel - Director


Aum Group Limited (Registered number: 11611936)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

Aum Group Limited 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 as modified by the revaluation of certain assets.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1 March 2022 - 2,662,698 2,662,698
Additions 100,100 - 100,100
Revaluations 3,413 - 3,413
At 28 February 2023 103,513 2,662,698 2,766,211
NET BOOK VALUE
At 28 February 2023 103,513 2,662,698 2,766,211
At 28 February 2022 - 2,662,698 2,662,698

Cost or valuation at 28 February 2023 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2023 103,513 - 103,513
Cost - 2,662,698 2,662,698
103,513 2,662,698 2,766,211

Aum Group Limited (Registered number: 11611936)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 166,739 174,035
Other creditors 802,355 728,985
969,094 903,020

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 1,365,872 1,459,098

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
200 Ordinary £1 200 200

8. RELATED PARTY DISCLOSURES

As of 28 February 2023, the company owed £802,355 (2022 - £728,985) to AUM Healthcare Limited. Mr Prakash Patel and Mrs Anjana Patel are both directors of AUM Healthcare Limited.
Interest payable is charged at 3%. The loan is repayable on demand.

The company has taken advantage of the exemption under the terms of Financial Reporting Standard 102, not to disclose the related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

The company is jointly controlled by Mr P and Mrs A Patel, by virtue of their ownership of 100% of the issued share capital in the company.