AURA LIFE LIMITED


Directors	ELLIOTT, Giles
	JAMESON, David
	JAMESON, Paul David
	KIRBY, David Clive
	MAY, Benedict David Thomas, Mr.


Registered Address	Bunkers Hill Farm
	Unsted
	Godalming
	GU7 1UP


Registered Number	12287045 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		73,618		131,025
Tangible assets	4		16,544		10,935
Investments	5		1,363,430		300,000
			1,453,592		441,960
Current assets
Debtors	6	695,585		352,909
Cash at bank and on hand		1,522,748		341,852
		2,218,333		694,761
Creditors amounts falling due within one year	7	(2,173,259)		(1,034,565)
Net current assets (liabilities)			45,074		(339,804)
Total assets less current liabilities			1,498,666		102,156
Creditors amounts falling due after one year	8		(69,379)		(89,215)
Net assets			1,429,287		12,941
Capital and reserves
Called up share capital			3,727		3,251
Share premium			3,337,733		1,895,882
Other reserves			1,800,000		-
Profit and loss account			(3,712,173)		(1,886,192)
Shareholders' funds			1,429,287		12,941

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 September 2025, and are signed on its behalf by:

JAMESON, David
Director
Registered Company No. 12287045

AURA LIFE LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Revenue is measured at the fair value of the consideration received or receivable, net of discounts and value added tax. Revenue from funeral services is recognised when the related services are provided to the customer. For pre-arranged funeral plans, customer payments are paid into an independent trust. Revenue in respect of administration fees for these plans is recognised at the point when the related plan is sold. For funerals sold on an “at need” basis, revenue and directly attributable costs are recognised when the sales contract is signed with the customer.

Turnover policy

Revenue is measured at the fair value of the consideration received or receivable, net of discounts and value added tax.

Revenue from funeral services is recognised when the related services are provided to the customer. For pre-arranged funeral plans, customer payments are paid into an independent trust. Revenue in respect of administration fees for these plans is recognised at the point when the related plan is sold.

For funerals sold on an “at need” basis, revenue and directly attributable costs are recognised when the sales contract is signed with the customer.

	Defined contribution pension plan
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are amortised over 3 years and amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	3

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	22		12

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 24	372,244	372,244
Additions	19,320	19,320
Disposals	(138,450)	(138,450)
At 31 December 24	253,114	253,114
Amortisation and impairment
At 01 January 24	241,219	241,219
Charge for year	76,727	76,727
On disposals	(138,450)	(138,450)
At 31 December 24	179,496	179,496
Net book value
At 31 December 24	73,618	73,618
At 31 December 23	131,025	131,025

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 24	17,518	17,518
Additions	14,954	14,954
Disposals	(3,151)	(3,151)
At 31 December 24	29,321	29,321
Depreciation and impairment
At 01 January 24	6,583	6,583
Charge for year	9,345	9,345
On disposals	(3,151)	(3,151)
At 31 December 24	12,777	12,777
Net book value
At 31 December 24	16,544	16,544
At 31 December 23	10,935	10,935

5.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 January 24	300,000	300,000
Additions	1,063,430	1,063,430
At 31 December 24	1,363,430	1,363,430
Net book value
At 31 December 24	1,363,430	1,363,430
At 31 December 23	300,000	300,000

	Notes
	¹Other investments other than loans

6.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	664,560	342,373
Other debtors	25,866	-
Prepayments and accrued income	5,159	10,536
Total	695,585	352,909

7.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	104,353	111,429
Bank borrowings and overdrafts	-	10,648
Taxation and social security	141,108	156,448
Other creditors	174,583	139,301
Accrued liabilities and deferred income	1,753,215	616,739
Total	2,173,259	1,034,565

8.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	-	20,148
Other creditors	69,379	69,067
Total	69,379	89,215

9.	Further information regarding the company's financial position
	Included in other reserves are convertible loan notes ('CLNs') totaling £1,800,000. The CLNs are expected to convert to equity in the following reporting period and are not repayable under any circumstances.