AURUM SEARCH LIMITED

Company Registration Number:
08980491 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

AURUM SEARCH LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AURUM SEARCH LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Justin Porritt
Marcus Richards
Registered office: The Leather Market Suite 01.1.1
Weston Street
London
England
SE1 3ER
Company Registration Number: 08980491 (England and Wales)

AURUM SEARCH LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

The company's principal activity for the period was the provision of employment placement services.

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Justin Porritt
Marcus Richards

This report was approved by the board of directors on 15 November 2023
And Signed On Behalf Of The Board By:

Name: Justin Porritt
Status: Director

AURUM SEARCH LIMITED

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 2,390,194 1,517,526
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 2,203,456 ) ( 1,375,502 )
Operating Profit or (Loss) 186,738 142,024
Interest Receivable and Similar Income 50 0
Interest Payable and Similar Charges ( 306 ) ( 162 )
Profit or (Loss) Before Tax 186,482 141,862
Tax on Profit ( 40,122 ) ( 29,734 )
Profit or (Loss) for Period 146,360 112,128

The notes form part of these financial statements

AURUM SEARCH LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 13,880 10,644
Total fixed assets: 13,880 10,644
Current assets
Debtors: 477,209 784,092
Cash at bank and in hand: 636,915 194,265
Total current assets: 1,114,124 978,357
Prepayments and accrued income: 10,326 13,703
Creditors: amounts falling due within one year: ( 96,411 ) ( 190,085 )
Net current assets (liabilities): 1,028,039 801,975
Total assets less current liabilities: 1,041,919 812,619
Provision for liabilities: ( 3,470 ) ( 2,022 )
Accruals and deferred income: ( 660,741 ) ( 575,249 )
Total net assets (liabilities): 377,708 235,348

The notes form part of these financial statements

AURUM SEARCH LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 377,706 235,346
Shareholders funds: 377,708 235,348

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 November 2023
And Signed On Behalf Of The Board By:

Name: Justin Porritt
Status: Director

The notes form part of these financial statements

AURUM SEARCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

    Fixtures and fittings - straight line method at 20%

    Office equipment - straight line method at 20%

AURUM SEARCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 9 6

AURUM SEARCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

AURUM SEARCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 24,576
Additions 8,407
Disposals -
Revaluations -
Transfers -
At 31 March 2023 32,983
Depreciation
At 01 April 2022 13,932
Charge for year 5,171
On disposals -
Other adjustments -
At 31 March 2023 19,103
Net book value
At 31 March 2023 13,880
At 31 March 2022 10,644