Registered number
09545889
Ayurata Ltd
Financial Statements
Year ended 30 April 2024
Ayurata Ltd
Registered number: 09545889
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 15,032 18,964
Current assets
Stocks 12,000 5,000
Debtors 4 11,412 10,360
Cash at bank and in hand 12,340 18,324
35,752 33,684
Creditors: amounts falling due within one year 5 (6,554) (20,913)
Net current assets 29,198 12,771
Total assets less current liabilities 44,230 31,735
Creditors: amounts falling due after more than one year 6 (182,913) (207,864)
Net liabilities (138,683) (176,129)
Capital and reserves
Called up share capital 100 100
Profit and loss account (138,783) (176,229)
Shareholder's funds (138,683) (176,129)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr V Naidoo
Director
Approved by the board on 25 January 2025
Ayurata Ltd
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery 25% reducing balance basis
Fixtures, fittings, tools and equipment 25% reducing balance basis
Motor vehicles 25% reducing balance basis
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 May 2023 17,532 29,500 47,032
Additions 812 - 812
At 30 April 2024 18,344 29,500 47,844
Depreciation
At 1 May 2023 11,843 16,225 28,068
Charge for the year 1,425 3,319 4,744
At 30 April 2024 13,268 19,544 32,812
Net book value
At 30 April 2024 5,076 9,956 15,032
At 30 April 2023 5,689 13,275 18,964
4 Debtors 2024 2023
£ £
Trade debtors 2,608 1,540
Other debtors 8,804 8,820
11,412 10,360
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 6,259 14,370
Other taxes and social security costs (2,124) 4,730
Other creditors 2,419 1,813
6,554 20,913
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 4,583 6,784
Other creditors 178,330 201,080
182,913 207,864
7 Other information
Ayurata Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Airport House
Purley Way
Croydon
Surrey
CR0 0XZ
7 Ongoing Support
The directors will continue to provide ongoing support to the company.
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