Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-11-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14399300 2023-11-01 2024-04-30 14399300 2022-10-05 2023-10-31 14399300 2024-04-30 14399300 2023-10-31 14399300 c:Director1 2023-11-01 2024-04-30 14399300 d:ComputerEquipment 2023-11-01 2024-04-30 14399300 d:ComputerEquipment 2024-04-30 14399300 d:ComputerEquipment 2023-10-31 14399300 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-04-30 14399300 d:CurrentFinancialInstruments 2024-04-30 14399300 d:CurrentFinancialInstruments 2023-10-31 14399300 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 14399300 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 14399300 d:ShareCapital 2023-11-01 2024-04-30 14399300 d:ShareCapital 2024-04-30 14399300 d:ShareCapital 2022-10-05 2023-10-31 14399300 d:ShareCapital 2023-10-31 14399300 d:RetainedEarningsAccumulatedLosses 2023-11-01 2024-04-30 14399300 d:RetainedEarningsAccumulatedLosses 2024-04-30 14399300 d:RetainedEarningsAccumulatedLosses 2022-10-05 2023-10-31 14399300 d:RetainedEarningsAccumulatedLosses 2023-10-31 14399300 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 14399300 d:AcceleratedTaxDepreciationDeferredTax 2023-10-31 14399300 d:TaxLossesCarry-forwardsDeferredTax 2024-04-30 14399300 d:TaxLossesCarry-forwardsDeferredTax 2023-10-31 14399300 c:OrdinaryShareClass1 2023-11-01 2024-04-30 14399300 c:OrdinaryShareClass1 2024-04-30 14399300 c:OrdinaryShareClass1 2023-10-31 14399300 c:FRS102 2023-11-01 2024-04-30 14399300 c:AuditExemptWithAccountantsReport 2023-11-01 2024-04-30 14399300 c:FullAccounts 2023-11-01 2024-04-30 14399300 c:PrivateLimitedCompanyLtd 2023-11-01 2024-04-30 14399300 2 2023-11-01 2024-04-30 14399300 e:PoundSterling 2023-11-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14399300














AURIAS HOLDCO LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2024

 
AURIAS HOLDCO LTD
 

CONTENTS



Page
Accountants' report
 
1
Balance sheet
 
2 - 3
Statement of changes in equity
 
4
Notes to the financial statements
 
5 - 9


 
AURIAS HOLDCO LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF 
AURIAS HOLDCO LTD
FOR THE PERIOD ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aurias Holdco Ltd for the period ended 30 April 2024 which comprise the balance sheet, the statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at the following website: https://www.icaew.com /regulation.

This report is made solely to the board of directors of Aurias Holdco Ltd, as a body, in accordance with the terms of our engagement letter dated 10 November 2022Our work has been undertaken solely to prepare for your approval the financial statements of Aurias Holdco Ltd and state those matters that we have agreed to state to the board of directors of Aurias Holdco Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aurias Holdco Ltd and its board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Aurias Holdco Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Aurias Holdco Ltd. You consider that Aurias Holdco Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Aurias Holdco Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



SRLV LLP
 
Chartered Accountants
  
Elsley Court
20-22 Great Titchfield Street
London
W1W 8BE
 
Date: 
31 January 2025
1

 
AURIAS HOLDCO LTD
REGISTERED NUMBER:14399300

BALANCE SHEET
AS AT 30 APRIL 2024

30 April
31 October
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
722
939

  
722
939

Current assets
  

Debtors: amounts falling due within one year
 5 
402,745
48,523

Cash at bank and in hand
 6 
606,204
345,225

  
1,008,949
393,748

Creditors: amounts falling due within one year
 7 
(377,310)
(1,478)

Net current assets
  
 
 
631,639
 
 
392,270

Total assets less current liabilities
  
632,361
393,209

Provisions for liabilities
  

Deferred tax
  
(181)
-

  
 
 
(181)
 
 
-

Net assets
  
632,180
393,209


Capital and reserves
  

Called up share capital 
 9 
621,453
530,002

Profit and loss account
  
10,727
(136,793)

  
632,180
393,209


2

 
AURIAS HOLDCO LTD
REGISTERED NUMBER:14399300
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 January 2025.




D Cardenas-Clark
Director

The notes on pages 5 to 9 form part of these financial statements.

3

 
AURIAS HOLDCO LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 APRIL 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Loss for the period
-
(136,793)
(136,793)
Total comprehensive income for the period
-
(136,793)
(136,793)


Contributions by and distributions to owners

Shares issued during the period
547,305
-
547,305

Shares cancelled during the period
(17,303)
-
(17,303)


Total transactions with owners
530,002
-
530,002



At 1 November 2023
530,002
(136,793)
393,209


Comprehensive income for the period

Profit for the period
-
147,520
147,520
Total comprehensive income for the period
-
147,520
147,520


Contributions by and distributions to owners

Shares issued during the period
91,451
-
91,451


Total transactions with owners
91,451
-
91,451


At 30 April 2024
621,453
10,727
632,180


The notes on pages 5 to 9 form part of these financial statements.

4

 
AURIAS HOLDCO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

1.


General information

Auris Holdco Ltd is a private company, limited by shares, registered in England and Wales, registration number 14399300. The registered office address is 5 & 6, Anglo Business Park First Floor, Lincoln Road, High Wycombe, England, HP12 3RH.
 
The principal activity of the company in the previous accounting period was identifying a target company for acquisition and to carry out the acquisition. The principal activity in the current accounting period changed to identifying a target company only.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.


 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

5

 
AURIAS HOLDCO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

6

 
AURIAS HOLDCO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.


3.

Employees



The average monthly number of employees, including directors, during the period was 2 (2023 - 2).


4.


Tangible fixed assets







Computer equipment

£



Cost or valuation


At 1 November 2023
1,300



At 30 April 2024

1,300



Depreciation


At 1 November 2023
361


Charge for the period on owned assets
217



At 30 April 2024

578



Net book value



At 30 April 2024
722

7

 
AURIAS HOLDCO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

5.


Debtors

30 April
31 October
2024
2023
£
£


Prepayments
402,745
4,696

Deferred taxation
-
43,827

402,745
48,523



6.


Cash and cash equivalents

30 April
31 October
2024
2023
£
£

Cash at bank and in hand
606,204
345,225



7.


Creditors: Amounts falling due within one year

30 April
31 October
2024
2023
£
£

Amounts owed to group undertakings
364,567
-

Corporation tax
6,637
-

Other creditors
228
228

Accruals
5,878
1,250

377,310
1,478



8.


Deferred taxation






2024


£






At beginning of year
43,827


Charged to profit or loss
(44,008)



At end of year
(181)

8

 
AURIAS HOLDCO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024
 
8.Deferred taxation (continued)

The deferred taxation balance is made up as follows:

30 April
31 October
2024
2023
£
£


Accelerated capital allowances
(181)
(235)

Tax losses carried forward
-
44,062

(181)
43,827


9.


Share capital

30 April
31 October
2024
2023
£
£
Allotted, called up and fully paid



621,453 (2023 - 530,002) Ordinary shares of £1.00 each
621,453
530,002


On 10 April 2024, the company issued 91,451 fully paid ordinary shares at par value of £1.00 per share.


10.


Related party transactions

As at the period ended 30 April 2024, the company owed £228 (2023 - £228) to the directors. The loan was interest free and was repayable on demand.
As at the period ended 30 April 2024, amounts owed to group undertakings were £364,567 (2023 - £NIL). The loan was interest free and was repayable on demand.

 
9