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Company No: 08043216 (England and Wales)

AURISTOR LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

AURISTOR LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

AURISTOR LIMITED

BALANCE SHEET

As at 30 April 2024
AURISTOR LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024 2023
£ £
Current assets
Debtors 3 132 0
Cash at bank and in hand 0 808
132 808
Creditors: amounts falling due within one year 4 ( 868,962) ( 818,677)
Net current liabilities (868,830) (817,869)
Total assets less current liabilities (868,830) (817,869)
Net liabilities ( 868,830) ( 817,869)
Capital and reserves
Called-up share capital 1 1
Profit and loss account ( 868,831 ) ( 817,870 )
Total shareholder's deficit ( 868,830) ( 817,869)

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Auristor Limited (registered number: 08043216) were approved and authorised for issue by the Director on 24 January 2025. They were signed on its behalf by:

J Altman
Director
AURISTOR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
AURISTOR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Auristor Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, United Kingdom, E1W 9US.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 2 2

3. Debtors

2024 2023
£ £
Other debtors 132 0

4. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 0 500
Amounts owed to connected companies 861,009 814,460
Other taxation and social security 1,965 2,097
Other creditors 5,988 1,620
868,962 818,677

5. Related party transactions

During the year the company charged £49,353 in management fees to Auristor Inc., the parent company. At the year end the company owed £861,009 (2023 - £814,460) to Auristor Inc. in respect of an interest free loan which is repayable on demand.

6. Ultimate controlling party

The company is controlled by AuriStor Inc., a company incorporated in the USA, which is ultimately controlled by J Altman.