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REGISTERED NUMBER: 08994268 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Aum Sairam Ltd

Aum Sairam Ltd (Registered number: 08994268)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aum Sairam Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr J J Visana





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 08994268 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Aum Sairam Ltd (Registered number: 08994268)

Balance Sheet
31 July 2024

31/7/24 31/7/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 33,928 41,851
Tangible assets 6 44,322 796
78,250 42,647

CURRENT ASSETS
Stocks 15,500 15,500
Debtors 7 7,705 7,705
Cash at bank and in hand 72,793 59,253
95,998 82,458
CREDITORS
Amounts falling due within one year 8 32,083 33,830
NET CURRENT ASSETS 63,915 48,628
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,165

91,275

CREDITORS
Amounts falling due after more than one year 9 77,008 52,747
NET ASSETS 65,157 38,528

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 65,057 38,428
SHAREHOLDERS' FUNDS 65,157 38,528

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 his 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.

Aum Sairam Ltd (Registered number: 08994268)

Balance Sheet - continued
31 July 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 director and authorised for issue on 15 July 2025 and were signed by:





Mr J J Visana - Director


Aum Sairam Ltd (Registered number: 08994268)

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

1. STATUTORY INFORMATION

Aum Sairam 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. 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on cost
Computer equipment - Straight line over 5 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Aum Sairam Ltd (Registered number: 08994268)

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

3. 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.

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.

First year adoption
These financial statements for the year ended 31 July 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2015.
The transition to FRS 102 Section 1A Small Entities has not resulted in any changes in accounting policies to those used previously.

4. EMPLOYEES AND DIRECTORS

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

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 121,895
AMORTISATION
At 1 August 2023 80,044
Charge for year 7,923
At 31 July 2024 87,967
NET BOOK VALUE
At 31 July 2024 33,928
At 31 July 2023 41,851

Aum Sairam Ltd (Registered number: 08994268)

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

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 5,854
Additions 53,429
At 31 July 2024 59,283
DEPRECIATION
At 1 August 2023 5,058
Charge for year 9,903
At 31 July 2024 14,961
NET BOOK VALUE
At 31 July 2024 44,322
At 31 July 2023 796

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Other debtors 7,705 7,705

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Taxation and social security 4,943 7,415
Other creditors 27,140 26,415
32,083 33,830

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/7/24 31/7/23
£    £   
Bank loans 18,333 28,332
Other creditors 58,675 24,415
77,008 52,747

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 18,333 28,332

Aum Sairam Ltd (Registered number: 08994268)

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

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/7/24 31/7/23
value: £    £   
100 Ordinary shares £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 August 2023 38,428
Profit for the year 26,629
At 31 July 2024 65,057

12. CONTROL

The ultimate controlling party is Mr J J Visana, a director, by virtue of his shareholding.