Company Registration No. 09155513 (England and Wales)
Aura Homes Limited
Unaudited accounts
for the year ended 31 July 2024
Aura Homes Limited
Unaudited accounts
Contents
Aura Homes Limited
Company Information
for the year ended 31 July 2024
Director
Benjamin Richards
Company Number
09155513 (England and Wales)
Registered Office
52b Bernard Street
St Albans
AL3 5QN
England
Accountants
P10 Accountancy Ltd
77A Richmond Road
Twickenham
TW1 3AW
Aura Homes Limited
Statement of financial position
as at 31 July 2024
Tangible assets
2,968
3,742
Cash at bank and in hand
61,969
23,680
Creditors: amounts falling due within one year
(127,440)
(109,737)
Net current assets
279,814
271,729
Total assets less current liabilities
282,782
275,471
Creditors: amounts falling due after more than one year
(29,342)
(97,413)
Net assets
253,440
178,058
Called up share capital
100
100
Profit and loss account
253,340
177,958
Shareholders' funds
253,440
178,058
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 May 2025 and were signed on its behalf by
Benjamin Richards
Director
Company Registration No. 09155513
Aura Homes Limited
Notes to the Accounts
for the year ended 31 July 2024
Aura Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 09155513. The registered office is 52b Bernard Street, St Albans, AL3 5QN, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such
that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by
reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs
incurred for work performed to date to the total estimated contract costs.
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within
borrowings in current liabilities.
The tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and
loss account because it excludes items of income or expense that are taxable or deductible in other years and it further
excludes items that are never taxable or deductible.
The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the
reporting end date
Aura Homes Limited
Notes to the Accounts
for the year ended 31 July 2024
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable 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 or loss.
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Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
143,728
125,165
Amounts due from group undertakings etc.
191,967
231,601
Accrued income and prepayments
9,590
-
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,183
2,000
Trade creditors
20,180
18,697
Taxes and social security
47,748
37,494
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Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
16,251
64,328
Aura Homes Limited
Notes to the Accounts
for the year ended 31 July 2024
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Transactions with related parties
At the balance sheet date the company was owed £Nil (2023 - £25,000) by XP 4 Development Ltd.
At the balance sheet date the company was owed £101,966 (2023 - £87,000) by XP Property Ltd.
At the balance sheet date the company was owed £Nil (2023 - £29,600) by XP Surveys Ltd.
At the balance sheet date the company was owed £70,000 (2023 - £70,000) by Oparo Social 1 Ltd.
At the balance sheet date the company was owed £20,001 (2023 - £20,001) by XP Estates Ltd.
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Average number of employees
During the year the average number of employees was 10 (2023: 9).