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REGISTERED NUMBER: 09721037 (England and Wales)















Audited Financial Statements for the Year Ended 31 December 2023

for

Auriga Global Solution Limited

Auriga Global Solution Limited (Registered number: 09721037)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Auriga Global Solution Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mrs A Comes





REGISTERED OFFICE: c/o AccountsCo
47 Islington Park Street
London
N1 1QB





REGISTERED NUMBER: 09721037 (England and Wales)





AUDITORS: PG & E Professional Services Ltd
Chartered Accountants & Statutory Auditor
47 Islington Park Street
London
N1 1QB

Auriga Global Solution Limited (Registered number: 09721037)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 763 242

CURRENT ASSETS
Debtors 5 98,678 23,188
Prepayments and accrued income 277,193 -
Cash at bank 861,741 688,669
1,237,612 711,857
CREDITORS
Amounts falling due within one year 6 512,407 428,311
NET CURRENT ASSETS 725,205 283,546
TOTAL ASSETS LESS CURRENT
LIABILITIES

725,968

283,788

PROVISIONS FOR LIABILITIES (74,562 ) -

ACCRUALS AND DEFERRED INCOME (463,905 ) -
NET ASSETS 187,501 283,788

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 186,501 282,788
187,501 283,788

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 August 2024 and were signed by:





Mrs A Comes - Director


Auriga Global Solution Limited (Registered number: 09721037)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Auriga Global Solution Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transaction is wholly-owned.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised according to the stage of completion of the underlying transaction at the end of the reporting period.

Tangible fixed assets
Depreciation is provided at 20% annual rate in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Auriga Global Solution Limited (Registered number: 09721037)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2023 971
Additions 882
Disposals (971 )
At 31 December 2023 882
DEPRECIATION
At 1 January 2023 729
Charge for year 169
Eliminated on disposal (779 )
At 31 December 2023 119
NET BOOK VALUE
At 31 December 2023 763
At 31 December 2022 242

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade debtors 60,250 -
Other debtors 38,428 23,188
98,678 23,188

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade creditors 390,071 401,394
Taxation and social security 103,605 16,659
Other creditors 18,731 10,258
512,407 428,311

In the 2022 published accounts, creditors amount falling due within one year comprised of an amount owed to group undertakings of £395,668 (2021: £714,765). Within these accounts this amount has been reclassified as Trade creditors.

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Simon Edrich (Senior Statutory Auditor)
for and on behalf of PG & E Professional Services Ltd

8. AUDITOR LIABILITY LIMITATION

The company has limited the maximum aggregate amount of the Auditor's Liability to the company to not more than (1) the sum of 5 times the fees payable (excluding expenses and Value Added Tax) under the Engagement Letter referable to the financial year in question, or (2) £30,000 whichever is the lesser amount.

Auriga Global Solution Limited (Registered number: 09721037)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking and controlling entity is Auriga SPA, a company incorporated in Italy whose registered office is Via Selva, 101, Altamura (BA), 70022 Italy, which is the parent undertaking of the smallest and largest group to consolidate these financial statements. Copies of Auriga SPA's financial statements are available from its registered office in Via Selva, 101, Altamura (BA), 70022 Italy.