Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.02022-01-010truetrue 11985640 2022-01-01 2022-12-31 11985640 2021-01-01 2021-12-31 11985640 2022-12-31 11985640 2021-12-31 11985640 c:Director1 2022-01-01 2022-12-31 11985640 d:CurrentFinancialInstruments 2022-12-31 11985640 d:CurrentFinancialInstruments 2021-12-31 11985640 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11985640 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 11985640 d:ShareCapital 2022-12-31 11985640 d:ShareCapital 2021-12-31 11985640 d:RetainedEarningsAccumulatedLosses 2022-12-31 11985640 d:RetainedEarningsAccumulatedLosses 2021-12-31 11985640 c:FRS102 2022-01-01 2022-12-31 11985640 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 11985640 c:FullAccounts 2022-01-01 2022-12-31 11985640 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11985640 6 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 11985640









AURIC SKB LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
AURIC SKB LTD
REGISTERED NUMBER: 11985640

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 4 
-
803

  
-
803

Current assets
  

Debtors: amounts falling due within one year
 5 
471,606
322,335

Cash at bank and in hand
  
34
-

  
471,640
322,335

Creditors: amounts falling due within one year
 6 
(457,991)
(309,592)

Net current assets
  
 
 
13,649
 
 
12,743

Total assets less current liabilities
  
13,649
13,546

  

Net assets
  
13,649
13,546


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
13,549
13,446

  
13,649
13,546


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




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AURIC SKB LTD
REGISTERED NUMBER: 11985640
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022

................................................
Sameer Bajaj
Director

Date: 5 April 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
AURIC SKB LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Auric SKB Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below:
Registered number: 11985640
Registered office: 14 Old Queen Street, London, England, SW1H 9HP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
AURIC SKB LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2021 - £NIL).


4.


Fixed asset investments





Investments in subsidiary companies

£





At 1 January 2022
803


Disposals
(803)



At 31 December 2022
-





5.


Debtors

2022
2021
£
£


Trade debtors
241,316
239,905

Amounts owed by group undertakings
213,952
66,142
Page 4

 
AURIC SKB LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

5.Debtors (continued)


Other debtors
250
200

Prepayments and accrued income
16,088
16,088

471,606
322,335



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
332,164
183,764

Amounts owed to group undertakings
-
20,232

Corporation tax
2,577
2,577

Other creditors
23,268
3,037

Accruals and deferred income
99,982
99,982

457,991
309,592



7.


Related party transactions

Sameer Bajaj is the common director of Auric SKB Ltd and Biokemix Worldwide Ltd.
As on 31 December 2022, Biolemix Worldwide Ltd owed £213,149 (2021 : £66,141 owed from Company) to Company.
As on 31 December 2022, Transene Company, Inc hold shares of Biokemix Worldwide Ltd and company owed Nil (2021 : £NIL) to Transene Company,Inc.
Included in other creditors is amount owed to Sameer Bajaj of £ -50.23 (2021 : NIL).


8.


Controlling party

Sameer Bajaj is ultimate controlling party of the company.
Exemption from preparation of consolidated financial statement
The company is part of small group and are not required by the act to prepare consolidated financial statements.

 
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