Company Registration No. 12414098 (England and Wales)
Aurasmi-Properties Limited
Unaudited accounts
for the year ended 31 December 2023
Aurasmi-Properties Limited
Unaudited accounts
Contents
Aurasmi-Properties Limited
Company Information
for the year ended 31 December 2023
Director
R D Aurangabadkar
Secretary
R D Aurangabadkar
Company Number
12414098 (England and Wales)
Registered Office
4 Whincup Close
High Wycombe
HP11 1TD
Aurasmi-Properties Limited
Statement of financial position
as at 31 December 2023
Investment property
423,857
423,857
Cash at bank and in hand
16,315
19,427
Creditors: amounts falling due within one year
(623)
(1,707)
Net current assets
16,077
17,720
Total assets less current liabilities
439,934
441,577
Creditors: amounts falling due after more than one year
(436,160)
(436,160)
Called up share capital
1
1
Profit and loss account
3,773
5,416
Shareholders' funds
3,774
5,417
For the year ending 31 December 2023 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 director acknowledges his 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 and authorised for issue on 3 March 2024 and were signed on its behalf by
R D Aurangabadkar
Director
Company Registration No. 12414098
Aurasmi-Properties Limited
Notes to the Accounts
for the year ended 31 December 2023
Aurasmi-Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12414098. The registered office is 4 Whincup Close, High Wycombe, HP11 1TD.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 January 2023
423,857
At 31 December 2023
423,857
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
1,084
Loans from directors
623
623
Aurasmi-Properties Limited
Notes to the Accounts
for the year ended 31 December 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
263,660
263,660
Loans from directors
172,500
-
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).