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REGISTERED NUMBER: 05591618 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Aurora Healthcare Communications Limited

Aurora Healthcare Communications Limited (Registered number: 05591618)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aurora Healthcare Communications Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: J Wilson
D Zaret





SECRETARY: D Zaret





REGISTERED OFFICE: Kemp House, 160 City Road
London
EC1V 2NX





REGISTERED NUMBER: 05591618 (England and Wales)





AUDITORS: WP Audit Limited
Statutory Auditors
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN

Aurora Healthcare Communications Limited (Registered number: 05591618)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 75,103 114,352

CURRENT ASSETS
Debtors 5 4,536,778 2,495,042
Cash at bank 324,292 496,156
4,861,070 2,991,198
CREDITORS
Amounts falling due within one year 6 (2,945,940 ) (1,045,383 )
NET CURRENT ASSETS 1,915,130 1,945,815
TOTAL ASSETS LESS CURRENT LIABILITIES 1,990,233 2,060,167

PROVISIONS FOR LIABILITIES (32,584 ) (28,588 )
NET ASSETS 1,957,649 2,031,579

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,957,549 2,031,479
1,957,649 2,031,579

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:





D Zaret - Director


Aurora Healthcare Communications Limited (Registered number: 05591618)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Aurora Healthcare Communications 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 (£).


2. ACCOUNTING POLICIES

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

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover
Turnover represents amounts received or receivables in respect of goods and services supplied during the year, net of VAT and trade discounts and is recognised when the good or services are supplied.Turnover is recognised when the service takes place.

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 - 33% on cost and 20% on cost
Computer equipment - 33% on cost

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Aurora Healthcare Communications Limited (Registered number: 05591618)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2023 - 39 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 240,381
Additions 4,206
Disposals (45,808 )
At 31 December 2024 198,779
DEPRECIATION
At 1 January 2024 126,029
Charge for year 42,423
Eliminated on disposal (44,776 )
At 31 December 2024 123,676
NET BOOK VALUE
At 31 December 2024 75,103
At 31 December 2023 114,352

Aurora Healthcare Communications Limited (Registered number: 05591618)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 1,030,849 690,054
Amounts owed by group undertakings 3,127,449 1,009,421
Other debtors 289,058 706,145
4,447,356 2,405,620

Amounts falling due after more than one year:
Other debtors 89,422 89,422

Aggregate amounts 4,536,778 2,495,042

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 87,698 70,333
Amounts owed to group undertakings 2,098,002 69,372
Taxation and social security 296,976 69,483
Other creditors 463,264 836,195
2,945,940 1,045,383

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 295,357 281,501
Between one and five years 149,036 444,393
444,393 725,894

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Philippa Duckworth BSc FCCA (Senior Statutory Auditor)
for and on behalf of WP Audit Limited

9. ULTIMATE CONTROLLING PARTY

Aurora Healthcare Communications Limited is a wholly owned subsidiary of This is Avalon Group Limited.The controlling party of This is Avalon Group Limited is Spectrum Science Holdings, Inc. owning 100% of the ordinary share capital of the company.

Related companies under common control are Analogy Healthcare Communications Limited and Atlas Pharma Consulting Limited.