Company No: 05270725 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	360		1,074
Investment property	5	440,000		440,000
Investments	6	275,003		275,003
		715,363		716,077
Current assets
Debtors	7	43,743		60,492
Investments	8	98,843		94,409
Cash at bank and in hand		943,545		888,222
		1,086,131		1,043,123
Creditors: amounts falling due within one year	9	( 391,095)		( 338,255)
Net current assets		695,036		704,868
Total assets less current liabilities		1,410,399		1,420,945
Net assets		1,410,399		1,420,945
Capital and reserves
Called-up share capital	10	1,000		1,000
Profit and loss account	12	1,409,399		1,419,945
Total shareholder's funds		1,410,399		1,420,945

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Aurum Investments Limited (registered number: 05270725) were approved and authorised for issue by the Director on 04 December 2025. They were signed on its behalf by:

Mr D J Grindley Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Aurum Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover net of VAT represents income from rental services provided. Revenue is recognised evenly over the rental period.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Leasehold improvements	depreciated over the life of the lease
Fixtures and fittings	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Fair value measurement
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the director has made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision effects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key accounting judgement made by the director is in respect of going concern as described in the note above.

The key estimates that has a significant effect on the financial statements are as follows:

Fixed asset investments are valued at cost less impairment which requires an estimate as to the current value of the investments. The carrying amount is £275,003 (2024: £275,003).

Investment properties are carried at fair value, which requires estimation as to the current market value of the properties. The carrying amount is £440,000 (2024: £440,000).

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

4. Tangible assets

	Leasehold improve- ments		Fixtures and fittings		Total
	£		£		£
Cost
At 01 April 2024	59,659		2,859		62,518
At 31 March 2025	59,659		2,859		62,518
Accumulated depreciation
At 01 April 2024	59,659		1,785		61,444
Charge for the financial year	0		714		714
At 31 March 2025	59,659		2,499		62,158
Net book value
At 31 March 2025	0		360		360
At 31 March 2024	0		1,074		1,074

5. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	440,000
As at 31 March 2025	440,000

Valuation

The valuation of the investment property was reviewed on 31 March 2025 by Mr D J Grindley, the director, who is internal to the company. The basis of this valuation was there was no change in the open market value of the property which is £440,000 (2024: £440,000).

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2025		2024
	£		£
Historic cost	366,662		372,188

6. Fixed asset investments

	2025		2024
	£		£
Subsidiary undertakings	3		3
Other investments and loans	275,000		275,000
	275,003		275,003

Investments in subsidiaries

	2025
	£
Cost
At 01 April 2024	3
At 31 March 2025	3
Carrying value at 31 March 2025	3
Carrying value at 31 March 2024	3

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2024	275,000		275,000
At 31 March 2025	275,000		275,000
Carrying value at 31 March 2025	275,000		275,000
Carrying value at 31 March 2024	275,000		275,000

7. Debtors

	2025		2024
	£		£
Other debtors	43,743		60,492

8. Current asset investments

	2025		2024
	£		£
Listed investments – at fair value	81,792		75,379

9. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	140		174
Amounts owed to Group undertakings	367,256		318,066
Taxation and social security	6,442		2,906
Other creditors	17,257		17,109
	391,095		338,255

10. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each	1,000		1,000

11. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Amounts owed by director	21,319		44,368

Advances of £28,843(2024: £80,443) were made along with repayments of £51,893 (2024: £40,000) during the year. As at 31 March 2025, £21,319 (2024: £44,368) was due to the company. Interest is charged on the loan at HMRC's official rate of interest and the loan is repayable on demand.

Other related party transactions

Company under common control
Included within debtors is £22,000 (2024: £11,000) due from a company under control of the director. The amount is repayable on demand and interest free.

12. Non-distributable reserves

As at 31 March 2025 the profit and loss account included £42,315 (2024: £42,315) of non-distributable reserves. This relates to the revaluation surplus on the investment properties.