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REGISTERED NUMBER: 13450179 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 JUNE 2024

FOR

AURORA WAGTAIL NORFOLK LTD

AURORA WAGTAIL NORFOLK LTD (REGISTERED NUMBER: 13450179)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AURORA WAGTAIL NORFOLK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 JUNE 2024







DIRECTORS: Mrs L D Chiorean-Soldan
A A Mihaylov
J C Watson





REGISTERED OFFICE: C/o A K S Advisers
14-15 Lower Grosvenor Place
London
SW1W 0EX





REGISTERED NUMBER: 13450179 (England and Wales)





ACCOUNTANTS: AKS Advisers
Fourth & Fifth Floors
14-15 Lower Grosvenor Place
London
SW1W 0EX

AURORA WAGTAIL NORFOLK LTD (REGISTERED NUMBER: 13450179)

BALANCE SHEET
29 JUNE 2024

29.6.24 29.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 733 10,261
Investment property 5 599,186 599,186
599,919 609,447

CURRENT ASSETS
Debtors 6 7,300 100
Cash at bank 19,388 30,051
26,688 30,151
CREDITORS
Amounts falling due within one year 7 681,559 680,359
NET CURRENT LIABILITIES (654,871 ) (650,208 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(54,952

)

(40,761

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (55,052 ) (40,861 )
(54,952 ) (40,761 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AURORA WAGTAIL NORFOLK LTD (REGISTERED NUMBER: 13450179)

BALANCE SHEET - continued
29 JUNE 2024


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 30 June 2025 and were signed on its behalf by:




J C Watson - Director



Mrs L D Chiorean-Soldan - Director


AURORA WAGTAIL NORFOLK LTD (REGISTERED NUMBER: 13450179)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024


1. STATUTORY INFORMATION

Aurora Wagtail Norfolk Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life

Plant and machinery - 33.3 % straight line
Fixtures and Fittings - 33% straight line

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or 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.

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.

AURORA WAGTAIL NORFOLK LTD (REGISTERED NUMBER: 13450179)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JUNE 2024


2. ACCOUNTING POLICIES - continued

Going concern
The company has incurred operating losses of £14,191 (2023: 14,458) during the year. In addition, the company has reported net current liabilities for the year amounting to £54,952 (2023: £40,760).

The directors are of opinion that these are initial trading years of the company and going forward, the company will become profitable. As at the year end, the company had adequate cash balances.

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30 June 2023
and 29 June 2024 28,763
DEPRECIATION
At 30 June 2023 18,502
Charge for year 9,528
At 29 June 2024 28,030
NET BOOK VALUE
At 29 June 2024 733
At 29 June 2023 10,261

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 June 2023
and 29 June 2024 599,186
NET BOOK VALUE
At 29 June 2024 599,186
At 29 June 2023 599,186

AURORA WAGTAIL NORFOLK LTD (REGISTERED NUMBER: 13450179)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JUNE 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.6.24 29.6.23
£    £   
Trade debtors 7,200 -
Amounts owed by group undertakings 100 100
7,300 100

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.6.24 29.6.23
£    £   
Other creditors 681,559 680,359

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr James Watson, company director and majority shareholder. Mr
James Watson is also a director and majority shareholder in Aurora Alliance Holdings Limited, the
parent company.