Aura Inns Limited - Filleted accounts

Aura Inns Limited
Registered number:		09640683
Balance Sheet
as at 30 June 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	4		-			58,540
Tangible assets	5		126,325			1,238,659
Investment property	6		1,415,000			294
			1,541,325			1,297,493

Current assets
Stocks		-			8,696
Debtors	7	57,276			680,716
Cash at bank and in hand		54,266			102,795
		111,542			792,207

Creditors: amounts falling due within one year	8	(172,028)			(230,763)

Net current (liabilities)/assets			(60,486)			561,444

Total assets less current liabilities			1,480,839			1,858,937

Creditors: amounts falling due after more than one year	9		(76,055)			(880,863)

Provisions for liabilities			(30,225)			(47,814)


Net assets			1,374,559			930,260

Capital and reserves
Called up share capital			100			100
Capital redemption reserve	10		750,000			-
Profit and loss account			624,459			930,160

Shareholders' funds			1,374,559			930,260

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr K Heavens
Director
Approved by the board on 23 November 2025

Aura Inns Limited
Notes to the Accounts
for the year ended 30 June 2025


1	Accounting policies

	Basis of preparation
	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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land and investment property, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings (excluding investment property)			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Investment property
	Investment property is held at its fair market value, with revaluations taken to the profit and loss account in accordance with the requirements of financial reporting standards.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.



3	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					27		36


4	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 July 2024							100,850
	Disposals							(100,850)
	At 30 June 2025							-

	Amortisation
	At 1 July 2024							42,310
	Provided during the year							3,910
	On disposals							(46,220)
	At 30 June 2025							-

	Net book value
	At 30 June 2025							-
	At 30 June 2024							58,540

	Goodwill was disposed of during the year as part of the disposal of the hotel business.


5	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 July 2024	1,171,552		524,479		45,272		1,741,303
	Additions	-		4,888		34,140		39,028
	Transferred to investment property	(1,171,552)		(300,200)		(65,052)		(1,536,804)
	At 30 June 2025	-		229,167		14,360		243,527

	Depreciation
	At 1 July 2024	139,874		342,319		20,451		502,644
	Charge for the year	17,211		47,497		10,601		75,309
	Transferred to investment property	(157,085)		(279,428)		(24,238)		(460,751)
	At 30 June 2025	-		110,388		6,814		117,202

	Net book value
	At 30 June 2025	-		118,779		7,546		126,325
	At 30 June 2024	1,031,678		182,160		24,821		1,238,659
	Following the disposal of the hotel business, the land and buildings at Wayford Bridge was retained as an investment property. As a result the property has been recategorized as an investment property in the balance sheet and notes to the accounts.


6	Investments

Investment					Other
Property					investments		Total
£					£		£
	Cost
	At 1 July 2024			-		294		294
	Additions - Tranferred from tangible fixed assets			1,014,467		-		1,014,467
	Revaluation			400533		-		400,533
	Disposals					(294)		(294)

	At 30 June 2025			1,415,000		-		1,415,000


	Historical cost
	At 1 July 2024			-
	At 30 June 2025			1,171,552
	The investment property at Wayford Bridge has been revalued to its fair value of £1,415,000 at 26th March 2025 following a survey and valuation conducted by East Commercial Chartered Surveyors.


7	Debtors					2025		2024
£							£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest					-		666,059
	Other debtors					57,276		14,657
						57,276		680,716


8	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					4,968		33,330
	Trade creditors					24		36,298
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					54,574		-
	Taxation and social security costs					93,123		139,230
	Other creditors					19,339		21,905
						172,028		230,763

	Contained within the other creditors figure is an amount of £1,800 in respect of deferred income which will be released to the profit and loss account in the coming year.

9	Creditors: amounts falling due after one year					2025		2024
£							£

	Non-equity preference shares					-		750,000
	Other creditors					76,055		130,863
						76,055		880,863

	The other creditors figure contains an amount of £42,750 in respect of deferred income due after one year. The deferred income arises from the grant of a 25 year lease and will be released to the profit and loss account uniformly during the remainder of the lease .

10	Capital redemption reserve					2025		2024
£							£

	Transfer to Capital redemption reserve					750,000		-

	At 30 June 2025					750,000		-

	On 13th May 2025 the company redeemed the 750,000 £1.00 preference shares in issue at their par value. As part of this transaction the company transferred £750,000 from the Profit and Loss reserve to the Capital redemption reserve, thereby maintaining the equity capital of the company.

11	Controlling party

	Aura Inns Ltd is a wholly owned subsidiary of BKK Holdings Ltd.


12	Other information

	Aura Inns Limited is a private company limited by shares and incorporated in England. Its registered office is:
	St George's Works
	51 Colegate
	Norwich
	Norfolk
	NR3 1DD