Company Registration No. 07086656 (England and Wales)
Aurora Powder Coatings Ltd
Unaudited accounts
for the year ended 30 April 2024
Aurora Powder Coatings Ltd
Unaudited accounts
Contents
Aurora Powder Coatings Ltd
Company Information
for the year ended 30 April 2024
Directors
Andrew Montgomery
David Montgomery
Company Number
07086656 (England and Wales)
Registered Office
Unit 20 Blackwater Way
Aldershot
Hampshire
GU12 4DP
Accountants
Black & White Chartered Certified Accountants
2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL
Aurora Powder Coatings Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
74,391
96,161
Cash at bank and in hand
252,396
251,629
Creditors: amounts falling due within one year
(136,088)
(131,133)
Net current assets
262,057
286,904
Total assets less current liabilities
336,448
383,065
Creditors: amounts falling due after more than one year
(12,630)
(33,208)
Net assets
323,818
349,857
Called up share capital
200
200
Profit and loss account
323,618
349,657
Shareholders' funds
323,818
349,857
For the year ending 30 April 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 24 June 2024 and were signed on its behalf by
Andrew Montgomery
Director
Company Registration No. 07086656
Aurora Powder Coatings Ltd
Notes to the Accounts
for the year ended 30 April 2024
Aurora Powder Coatings Ltd is a private company, limited by shares, registered in England and Wales, registration number 07086656. The registered office is Unit 20 Blackwater Way, Aldershot, Hampshire, GU12 4DP.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
235,835
7,090
256
6,335
249,516
Additions
2,792
-
-
-
2,792
At 30 April 2024
238,627
7,090
256
6,335
252,308
At 1 May 2023
143,427
6,864
125
2,939
153,355
Charge for the year
23,800
57
26
679
24,562
At 30 April 2024
167,227
6,921
151
3,618
177,917
At 30 April 2024
71,400
169
105
2,717
74,391
At 30 April 2023
92,408
226
131
3,396
96,161
Aurora Powder Coatings Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
143,749
160,966
Accrued income and prepayments
-
3,442
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,033
4,997
Trade creditors
6,682
10,295
Taxes and social security
71,607
51,605
Loans from directors
2,700
51
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).