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REGISTERED NUMBER: 12728340 (England and Wales)














AUREXLEGAL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






AUREXLEGAL LTD (REGISTERED NUMBER: 12728340)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


AUREXLEGAL LTD

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTOR: Ms A P Muzira





REGISTERED OFFICE: 162 Selbourne Road
Luton
Bedfordshire
LU4 8LT





REGISTERED NUMBER: 12728340 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

AUREXLEGAL LTD (REGISTERED NUMBER: 12728340)

STATEMENT OF FINANCIAL POSITION
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 122 246

CURRENT ASSETS
Debtors 6 28,726 9,025
Cash at bank 36,107 37,105
64,833 46,130
CREDITORS
Amounts falling due within one year 7 39,527 31,631
NET CURRENT ASSETS 25,306 14,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,428

14,745

CAPITAL AND RESERVES
Called up, paid and allotted share capital 1 1
Retained earnings 25,427 14,744
SHAREHOLDERS' FUNDS 25,428 14,745

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

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

The director acknowledges her 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 29 April 2025 and were signed by:





Ms A P Muzira - Director


AUREXLEGAL LTD (REGISTERED NUMBER: 12728340)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Aurexlegal Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Income recognition
Income is recognised when goods/services have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

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

AUREXLEGAL LTD (REGISTERED NUMBER: 12728340)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 618 1,447 2,065
DEPRECIATION
At 1 August 2023 372 1,447 1,819
Charge for year 124 - 124
At 31 July 2024 496 1,447 1,943
NET BOOK VALUE
At 31 July 2024 122 - 122
At 31 July 2023 246 - 246

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 24,671 6,860
Other debtors 4,055 2,165
28,726 9,025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,752 -
Taxation and social security 6,019 3,229
Other creditors 31,756 28,402
39,527 31,631

8. RELATED PARTY DISCLOSURES

The company operates a loan account with the director which is interest free and repayable on demand. During the year, further loans were advanced to the company in aggregate totalling £3,595. At the year end, the company owed the director £29,962 (2023: £26,367).