REGISTERED NUMBER: 01478322 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Augusto Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

S Melwani

SECRETARY:

S Melwani

REGISTERED OFFICE:

12 Strouds Close

Chadwell Heath

Romford

London

RM6 4XD

REGISTERED NUMBER:

01478322 (England and Wales)

ACCOUNTANTS:

Palak Services Limited

80 Woodrush Way

Romford

Essex

RM6 5BL

FIXED ASSETS

Investment property

4

1,800

1,800

CURRENT ASSETS

Debtors

5

17,128

15,757

CREDITORS

Amounts falling due within one year

6

1,266

1,077

NET CURRENT ASSETS

15,862

14,680

TOTAL ASSETS LESS CURRENT LIABILITIES

17,662

16,480

CAPITAL AND RESERVES

Called up share capital

1,800

1,800

Retained earnings

15,862

14,680

SHAREHOLDERS' FUNDS

17,662

16,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 authorised for issue by the director and authorised for issue on 2 December 2025 and were signed by:

S Melwani - Director

1.	STATUTORY INFORMATION

Augusto 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Turnover represents the invoiced amount of services provided.

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.

Interest Income

Interest income is recognised in profit or loss using the effective interest method.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The Company has elected to apply the provisions of Section 11 "Basic Financial Instruments" of FRS 102 to all of its financial instruments.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,800

NET BOOK VALUE

At 31 March 2025

1,800

At 31 March 2024

1,800

The 2025 valuations were made by the directors, on an open market value for existing use basis.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

900

Other debtors

17,128

14,857

17,128

15,757

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

1

-

Taxation and social security

75

75

Other creditors

1,190

1,002

1,266

1,077

7.	RELATED PARTY DISCLOSURES

All the directors hold leases in 20 Westgate Terrace and therefore have interests in transactions with the company in so far as the service charges on their flats are concerned.

As at year end, the company owed £252 (2024: £252) to S Melwani and this amount is included in other creditors. Within other debtors, there is a balance due from a partnership under common conntrol of £14,947 (2024: £13,862 credit). These balances are interest free and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY