AURUM SEARCH LIMITED

Company Registration Number:
08980491 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

AURUM SEARCH LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AURUM SEARCH LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Justin Porritt
Marcus Richards
Registered office: The Leather Market Suite 01.1.1
Weston Street
London
England
SE1 3ER
Company Registration Number: 08980491 (England and Wales)

AURUM SEARCH LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The company's principal activity for the period was the provision of employment placement services.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Justin Porritt

The director(s) shown below resigned during the period
Marcus Richards
20 February 2024

This report was approved by the board of directors on 4 December 2024
And Signed On Behalf Of The Board By:

Name: Justin Porritt
Status: Director

AURUM SEARCH LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 3,631,105 2,390,194
Administrative Expenses ( 3,416,229 ) ( 2,203,456 )
Operating Profit or (Loss) 214,876 186,738
Interest Receivable and Similar Income 229 50
Interest Payable and Similar Charges ( 1,453 ) ( 306 )
Profit or (Loss) Before Tax 213,652 186,482
Tax on Profit ( 56,612 ) ( 40,122 )
Profit or (Loss) for Period 157,040 146,360

The notes form part of these financial statements

AURUM SEARCH LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 14,192 13,880
Total fixed assets: 14,192 13,880
Current assets
Debtors: 99,428 477,209
Cash at bank and in hand: 1,516,654 636,915
Total current assets: 1,616,082 1,114,124
Prepayments and accrued income: 26,761 10,326
Creditors: amounts falling due within one year: ( 596,315 ) ( 96,411 )
Net current assets (liabilities): 1,046,528 1,028,039
Total assets less current liabilities: 1,060,720 1,041,919
Provision for liabilities: ( 3,552 ) ( 3,470 )
Accruals and deferred income: ( 859,420 ) ( 660,741 )
Total net assets (liabilities): 197,748 377,708

The notes form part of these financial statements

AURUM SEARCH LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 197,746 377,706
Shareholders funds: 197,748 377,708

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 December 2024
And Signed On Behalf Of The Board By:

Name: Justin Porritt
Status: Director

The notes form part of these financial statements

AURUM SEARCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

    Fixtures and fittings - straight line method at 20%

    Office equipment - straight line method at 20%

AURUM SEARCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 10 9

AURUM SEARCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

AURUM SEARCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 32,983
Additions 4,090
Disposals -
Revaluations -
Transfers -
At 31 March 2024 37,073
Depreciation
At 01 April 2023 19,103
Charge for year 3,778
On disposals -
Other adjustments -
At 31 March 2024 22,881
Net book value
At 31 March 2024 14,192
At 31 March 2023 13,880