Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01No description of principal activityfalse33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08364372 2023-02-01 2024-01-31 08364372 2022-02-01 2023-01-31 08364372 2024-01-31 08364372 2023-01-31 08364372 c:Director1 2023-02-01 2024-01-31 08364372 d:FreeholdInvestmentProperty 2024-01-31 08364372 d:FreeholdInvestmentProperty 2023-01-31 08364372 d:CurrentFinancialInstruments 2024-01-31 08364372 d:CurrentFinancialInstruments 2023-01-31 08364372 d:Non-currentFinancialInstruments 2024-01-31 08364372 d:Non-currentFinancialInstruments 2023-01-31 08364372 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 08364372 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08364372 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 08364372 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 08364372 d:ShareCapital 2024-01-31 08364372 d:ShareCapital 2023-01-31 08364372 d:RetainedEarningsAccumulatedLosses 2024-01-31 08364372 d:RetainedEarningsAccumulatedLosses 2023-01-31 08364372 c:FRS102 2023-02-01 2024-01-31 08364372 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08364372 c:FullAccounts 2023-02-01 2024-01-31 08364372 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08364372 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company registration number: 08364372







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2024


AURUM ESTATES LIMITED






































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AURUM ESTATES LIMITED
REGISTERED NUMBER:08364372



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
513,714
513,714

  
513,714
513,714

Current assets
  

Debtors: amounts falling due within one year
 5 
7,236
6,471

Cash at bank and in hand
  
5,143
1,894

  
12,379
8,365

Creditors: amounts falling due within one year
 6 
(6,913)
(7,919)

Net current assets
  
 
 
5,466
 
 
446

Total assets less current liabilities
  
519,180
514,160

Creditors: amounts falling due after more than one year
  
(393,525)
(407,525)

  

Net assets
  
125,655
106,635


Capital and reserves
  

Called up share capital 
  
3
3

Profit and loss account
  
125,652
106,632

  
125,655
106,635


Page 1

 


AURUM ESTATES LIMITED
REGISTERED NUMBER:08364372


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

The directors consider 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 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 income and retained earnings 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: 




................................................
C W Morgan
Director

Date: 4 September 2024

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

Page 2

 


AURUM ESTATES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Aurum Estates 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.
The presentation currency of the financial statements is the Pound Sterling (£). 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

  
2.2

Revenue

Rental income is recognised on a straight-line basis over the year in which the rental relates.

 
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 reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Page 3

 


AURUM ESTATES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Investment property


Freehold investment property

£



Valuation


At 1 February 2023
513,714



At 31 January 2024
513,714

The 2024 valuations were made by the directors, on an open market value for existing use basis.





5.


Debtors

2024
2023
£
£


Trade debtors
2,875
2,156

Other debtors
4,361
4,315

7,236
6,471



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
4,462
5,868

Other creditors
851
851

Accruals and deferred income
1,600
1,200

6,913
7,919


Page 4

 


AURUM ESTATES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
393,525
407,525

393,525
407,525



8.


Related party transactions

At the balance sheet date the company owed £393,525 (2023: £407,525) to the directors. The balance can be found within creditors due after more than one year. No interest is being charged on this loan.

 
Page 5