Company Registration No. 08359934 (England and Wales)
AUM TECHNOLOGIES LTD
Unaudited accounts
for the year ended 31 January 2024
AUM TECHNOLOGIES LTD
Unaudited accounts
Contents
AUM TECHNOLOGIES LTD
Company Information
for the year ended 31 January 2024
Directors
Mayuri RAYKAR
Nilesh RAYKAR
Company Number
08359934 (England and Wales)
Registered Office
59 Saltwood Avenue Kingsmead Milton Keyn
Kingsmead
Milton Keynes
United Kingdom
MK4 4AF
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
AUM TECHNOLOGIES LTD
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
37,777
68,882
Creditors: amounts falling due within one year
(19,862)
(18,653)
Net current assets
153,872
185,229
Total assets less current liabilities
192,824
185,229
Creditors: amounts falling due after more than one year
(47,775)
(24,166)
Net assets
145,049
161,063
Called up share capital
10
10
Profit and loss account
145,039
161,053
Shareholders' funds
145,049
161,063
For the year ending 31 January 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 19 July 2024 and were signed on its behalf by
Nilesh RAYKAR
Director
Company Registration No. 08359934
AUM TECHNOLOGIES LTD
Notes to the Accounts
for the year ended 31 January 2024
AUM TECHNOLOGIES LTD is a private company, limited by shares, registered in England and Wales, registration number 08359934. The registered office is 59 Saltwood Avenue Kingsmead Milton Keyn, Kingsmead, Milton Keynes, United Kingdom, MK4 4AF.
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:
Computer equipment
25% SLM
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
43,659
799
44,458
At 31 January 2024
43,659
799
44,458
Charge for the year
5,457
49
5,506
At 31 January 2024
5,457
49
5,506
At 31 January 2024
38,202
750
38,952
Amounts falling due within one year
Other debtors
135,957
135,000
AUM TECHNOLOGIES LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
135
18,122
Loans from directors
13,852
531
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
22,825
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).