Company Registration No. 12950581 (England and Wales)
Auxilium Hr Solutions Ltd
Unaudited accounts
for the year ended 31 March 2024
Auxilium Hr Solutions Ltd
Unaudited accounts
Contents
Auxilium Hr Solutions Ltd
Company Information
for the year ended 31 March 2024
Directors
Ben Malik
Simon Hedges
Company Number
12950581 (England and Wales)
Registered Office
Yeovil Innovation Centre
Copse Road
Barracks Close
Yeovil
Somerset
BA22 8RN
England
Accountants
Wessex Commercial Solutions Limited
Yeovil Innovation Centre
Barracks Close
Yeovil
BA22 8RN
Auxilium Hr Solutions Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
12,714
10,452
Cash at bank and in hand
37,939
32,069
Creditors: amounts falling due within one year
(40,235)
(17,168)
Net current assets
22,065
28,787
Total assets less current liabilities
34,779
39,239
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
32,263
39,139
Shareholders' funds
32,363
39,239
For the year ending 31 March 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 October 2024 and were signed on its behalf by
Ben Malik
Director
Company Registration No. 12950581
Auxilium Hr Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
Auxilium Hr Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12950581. The registered office is Yeovil Innovation Centre, Copse Road, Barracks Close, Yeovil, Somerset, BA22 8RN, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
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.
Auxilium Hr Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
13,401
624
14,025
At 31 March 2024
21,103
624
21,727
At 1 April 2023
3,393
180
3,573
Charge for the year
5,290
150
5,440
At 31 March 2024
8,683
330
9,013
At 31 March 2024
12,420
294
12,714
At 31 March 2023
10,008
444
10,452
Amounts falling due within one year
Trade debtors
24,361
13,886
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,225
10,856
Loans from directors
22,710
201
7
Average number of employees
During the year the average number of employees was 4 (2023: 2).