Auxilium Property Management Limited

Auxilium Property Management Limited
Contents Page
For the year ended 30 September 2024

Statement of financial position	1
Notes to the financial statements	2

Auxilium Property Management Limited
Statement of Financial Position
As at 30 September 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	789	987
		789	987
Current assets
Debtors		25,477	16,808
Cash at bank and in hand		2,453	2,049
		27,930	18,857
Creditors: amount falling due within one year		(10,271)	(9,873)
Net current assets		17,659	8,984

Total assets less current liabilities		18,448	9,971
Creditors: amount falling due after more than one year		(5,184)	(6,297)
Provisions for liabilities		(150)	(188)
Net assets		13,114	3,486

Capital and reserves
Called up share capital		90	90
Profit and loss account		13,024	3,396
Shareholders' funds		13,114	3,486

For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 04 July 2025 and were signed on its behalf by:

-------------------------------
Simon Kerr
Director

1

Auxilium Property Management Limited
Notes to the Abridged Financial Statements
For the year ended 30 September 2024

General Information

Auxilium Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 12340356, registration address 46 Walker Street, Wellington Delivery Office, Telford, TF1 1AA.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

20% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2023 : 2).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 October 2023	2,410	2,410
Additions	-	-
Disposals	-	-
At 30 September 2024	2,410	2,410
Depreciation
At 01 October 2023	1,423	1,423
Charge for year	198	198
On disposals	-	-
At 30 September 2024	1,621	1,621
Net book values
Closing balance as at 30 September 2024	789	789
Opening balance as at 01 October 2023	987	987

4.

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2024 £		2023 £		2024 £		2023 £
KIS Sourcing Limited	6,806		8,981		15,787		8,981

During the year Auxilium Property Management Limited settled payments on behalf of KIS Sourcing Limited and at the year end KIS Sourcing Limited owed £15,787 to Auxilium Property Management Limited

2

Registered Number: 12340356
England and Wales
Abridged Accounts

for the year ended 30 September 2024
for
AUXILIUM PROPERTY MANAGEMENT LIMITED