Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11985640 2023-01-01 2023-12-31 11985640 2022-01-01 2022-12-31 11985640 2023-12-31 11985640 2022-12-31 11985640 2022-01-01 11985640 c:Director1 2023-01-01 2023-12-31 11985640 d:CurrentFinancialInstruments 2023-12-31 11985640 d:CurrentFinancialInstruments 2022-12-31 11985640 d:Non-currentFinancialInstruments 2023-12-31 11985640 d:Non-currentFinancialInstruments 2022-12-31 11985640 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11985640 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11985640 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 11985640 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 11985640 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 11985640 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 11985640 d:ShareCapital 2023-01-01 2023-12-31 11985640 d:ShareCapital 2023-12-31 11985640 d:ShareCapital 2022-01-01 2022-12-31 11985640 d:ShareCapital 2022-12-31 11985640 d:ShareCapital 2022-01-01 11985640 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 11985640 d:RetainedEarningsAccumulatedLosses 2023-12-31 11985640 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 11985640 d:RetainedEarningsAccumulatedLosses 2022-12-31 11985640 d:RetainedEarningsAccumulatedLosses 2022-01-01 11985640 c:FRS102 2023-01-01 2023-12-31 11985640 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11985640 c:FullAccounts 2023-01-01 2023-12-31 11985640 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11985640 6 2023-01-01 2023-12-31 11985640 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 11985640









AURIC SKB LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
AURIC SKB LTD
 
 
  
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AURIC SKB LTD
FOR THE YEAR ENDED 31 DECEMBER 2023

You consider that the Company is exempt from an audit for the year ended 31 December 2023. You have acknowledged, on the Balance sheet, your responsibilities for ensuring that the Company keeps adequate accounting records which comply with section 386 of the Companies Act 2006, and for preparing the financial statements which give a true and fair view of the state of affairs of the Company and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the financial statements on pages 10 from the accounting records of the Company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these financial statements.

  



Paperchase Business Services Ltd
 
The Courtyard
14A Sydenham Road
Croydon
London
CR0 2EE
12 March 2025
Page 1

 
AURIC SKB LTD
REGISTERED NUMBER: 11985640

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
803
-

  
803
-

Current assets
  

Debtors: amounts falling due within one year
 5 
618,885
471,606

Cash at bank and in hand
 6 
-
34

  
618,885
471,640

Creditors: amounts falling due within one year
 7 
(403,952)
(457,991)

Net current assets
  
 
 
214,933
 
 
13,649

Total assets less current liabilities
  
215,736
13,649

Creditors: amounts falling due after more than one year
 8 
(202,005)
-

  

Net assets
  
13,731
13,649


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
13,631
13,549

  
13,731
13,649


The director considers 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 statement of comprehensive income 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 by: 


Page 2

 
AURIC SKB LTD
REGISTERED NUMBER: 11985640
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023



................................................
Sameer Bajaj
Director

Date: 12 March 2025

The notes on pages 5 to 10 form part of these financial statements.

Page 3

 

 
AURIC SKB LTD


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023



Called up share capital
Profit and loss account
Total equity


£
£
£



At 1 January 2022
100
13,446
13,546





Profit for the year
-
103
103

Total comprehensive income for the year
-
103
103





At 1 January 2023
100
13,549
13,649





Profit for the year
-
82
82

Total comprehensive income for the year
-
82
82



At 31 December 2023
100
13,631
13,731



The notes on pages 5 to 10 form part of these financial statements.

Page 4

 
AURIC SKB LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Auric SKB Ltd 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: 11985640
Registered office: 14 Old Queen Street, London, England, SW1H 9HP.

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.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 5

 
AURIC SKB LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Taxation

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.

Page 6

 
AURIC SKB LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, 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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
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.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).

Page 7

 
AURIC SKB LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
875


Disposals
(72)



At 31 December 2023
803





5.


Debtors

2023
2022
£
£


Trade debtors
246,922
241,316

Amounts owed by group undertakings
371,763
213,952

Other debtors
200
250

Prepayments and accrued income
-
16,088

618,885
471,606



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
-
34

-
34


Page 8

 
AURIC SKB LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
277,604
332,164

Amounts owed to group undertakings
20,232
-

Corporation tax
2,596
2,577

Other creditors
3,038
23,268

Accruals and deferred income
100,482
99,982

403,952
457,991



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
202,005
-

202,005
-



9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£



Amounts falling due 2-5 years

Other loans
202,005
-


202,005
-


202,005
-



10.


Related party transactions

Sameer Bajaj is the common director of Auric SKB Ltd and Biokemix Worldwide Ltd.
As on 31 December 2023, Worldwide Ltd owes to the company £365,952 (2022 : 213,149) to Company.

Page 9

 
AURIC SKB LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

11.


Controlling party

Sameer Bajaj is ultimate controlling party of the company.
Exemption from preparation of consolidated financial statement.
The company is part of small group and are not required by the act to prepare consolidated financial
statements.

 
Page 10