REGISTERED NUMBER: 08869591 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

AUDERE INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Oliver Charles Wilson Blackmore

Mr Charles David Blackmore

Ms Teagan Erichsen

REGISTERED OFFICE:

97 Jermyn Street

London

SW1Y 6JE

REGISTERED NUMBER:

08869591 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

50,992

44,651

Investments

5

-

60

50,992

44,711

CURRENT ASSETS

Debtors

6

1,709,349

2,026,889

Cash at bank and in hand

742,882

2,077,944

2,452,231

4,104,833

CREDITORS

Amounts falling due within one year

7

1,729,556

689,081

NET CURRENT ASSETS

722,675

3,415,752

TOTAL ASSETS LESS CURRENT LIABILITIES

773,667

3,460,463

PROVISIONS FOR LIABILITIES

12,342

10,759

NET ASSETS

761,325

3,449,704

CAPITAL AND RESERVES

Called up share capital

8

103

103

Retained earnings

761,222

3,449,601

SHAREHOLDERS' FUNDS

761,325

3,449,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th November 2025 and were signed on its behalf by:

Mr Charles David Blackmore - Director

1.	STATUTORY INFORMATION

Audere International Limited 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.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services:

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st January 2024

27,471

12,031

44,061

83,563

Additions

-

-

39,380

39,380

At 31st December 2024

27,471

12,031

83,441

122,943

DEPRECIATION

At 1st January 2024

8,825

4,331

25,756

38,912

Charge for year

5,487

1,925

25,627

33,039

At 31st December 2024

14,312

6,256

51,383

71,951

NET BOOK VALUE

At 31st December 2024

13,159

5,775

32,058

50,992

At 31st December 2023

18,646

7,700

18,305

44,651

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2024

60

Disposals

(60

)

At 31st December 2024

-

NET BOOK VALUE

At 31st December 2024

-

At 31st December 2023

60

6.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

1,130,315

1,324,651

Other debtors

429,034

552,238

1,559,349

1,876,889

Amounts falling due after more than one year:

Other debtors

150,000

150,000

Aggregate amounts

1,709,349

2,026,889

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

94,458

44,887

Amounts owed to associates

54,558

-

Taxation and social security

246,554

414,812

Other creditors

1,333,986

229,382

1,729,556

689,081

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary A

0.1

100

100

33

Ordinary B

0.1

3

3

103

103

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the beginning of the year, loans of £329,724 to Mr Charles Blackmore and £10,780 to Ms Monika Rihma, both directors of the company, were outstanding. These loans were subject to interest at a rate of 2.25% per annum on overdrawn balances and were repaid in full during the year.

At the year end, no amounts were due from any director.