Company Registration No. 12281994 (England and Wales)
AURO ESTATES LTD
Unaudited accounts
for the year ended 31 October 2023
AURO ESTATES LTD
Unaudited accounts
Contents
AURO ESTATES LTD
Company Information
for the year ended 31 October 2023
Director
Abhishek Pradeep RAO
Company Number
12281994 (England and Wales)
Registered Office
34 ZEBU CRESCENT WHITEHOUSE
MILTON KEYNES
MK8 1BS
UNITED KINGDOM
AURO ESTATES LTD
Statement of financial position
as at 31 October 2023
Investment property
619,135
619,135
Cash at bank and in hand
97,253
7,850
Creditors: amounts falling due within one year
(275,810)
(191,812)
Net current liabilities
(178,557)
(183,962)
Total assets less current liabilities
440,578
435,173
Creditors: amounts falling due after more than one year
(435,040)
(432,018)
Called up share capital
1
1
Profit and loss account
5,537
3,154
Shareholders' funds
5,538
3,155
For the year ending 31 October 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 22 July 2024 and were signed on its behalf by
Abhishek Pradeep RAO
Director
Company Registration No. 12281994
AURO ESTATES LTD
Notes to the Accounts
for the year ended 31 October 2023
AURO ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 12281994. The registered office is 34 ZEBU CRESCENT WHITEHOUSE, MILTON KEYNES, MK8 1BS, UNITED KINGDOM.
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.
Fair value at 1 November 2022
619,135
At 31 October 2023
619,135
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
559
-
Other creditors
249,551
164,551
Loans from directors
25,310
26,898
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
435,040
431,758
Taxes and social security
-
260
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).