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REGISTERED NUMBER: 11274787 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Elu & Aru Limited

Elu & Aru Limited (Registered number: 11274787)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Elu & Aru Limited (Registered number: 11274787)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,301 2,379

CURRENT ASSETS
Debtors 5 423,520 254,410
Cash at bank 72,813 69,311
496,333 323,721
CREDITORS
Amounts falling due within one year 6 61,914 40,213
NET CURRENT ASSETS 434,419 283,508
TOTAL ASSETS LESS CURRENT
LIABILITIES

436,720

285,887

PROVISIONS FOR LIABILITIES 437 523
NET ASSETS 436,283 285,364

CAPITAL AND RESERVES
Called up share capital 7 101 101
Retained earnings 436,182 285,263
SHAREHOLDERS' FUNDS 436,283 285,364

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4th December 2024 and were signed by:





Dr S K Chhetri - Director


Elu & Aru Limited (Registered number: 11274787)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. COMPANY INFORMATION

Elu & Aru Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11274787

Registered office: The Lexicon
Mount Street
Manchester
M2 5NT

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


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the provision of professional services is recognised on delivery of the service.

Tangible fixed assets
Tangible Fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Fixtures and Fittings - 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Elu & Aru Limited (Registered number: 11274787)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st April 2023 6,862
Additions 1,200
At 31st March 2024 8,062
DEPRECIATION
At 1st April 2023 4,483
Charge for year 1,278
At 31st March 2024 5,761
NET BOOK VALUE
At 31st March 2024 2,301
At 31st March 2023 2,379

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 4,420 5,310

Amounts falling due after more than one year:
Amounts owed by associates 419,100 249,100

Aggregate amounts 423,520 254,410

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 51,598 31,720
Directors' current accounts 7,242 5,987
Accrued expenses 3,074 2,506
61,914 40,213

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary A £1 100 100
1 Ordinary B £1 1 1
101 101

Elu & Aru Limited (Registered number: 11274787)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

7. CALLED UP SHARE CAPITAL - continued

The A Shares confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The B Shares do not confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The A and B Shares rank pari passu in respect of dividend and capital distribution rights.

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2024 and 31st March 2023:

31.3.24 31.3.23
£    £   
Dr S K Chhetri
Balance outstanding at start of year (5,987 ) 249
Amounts advanced 7,987 -
Amounts repaid (9,242 ) (6,236 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,242 ) (5,987 )

The loan is repayable on demand and no interest was charged during the year.

9. RELATED PARTY DISCLOSURES

Included within debtors, is a loan to Sunrise Paragon Limited, a company under mutual control. The loan is interest free and repayable on demand.

10. CONTROL

The ultimate controlling party is Dr Chhetri by virtue of holding 100% of the voting share capital.