Auracall Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04308459

Auracall Limited

Filleted Unaudited Financial Statements

31 December 2024

Auracall Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Current assets

Debtors	4	897,076	899,466
Cash at bank and in hand		19,284	38,956
		---------	---------
		916,360	938,422

Creditors: amounts falling due within one year	5	417,308		433,189
		---------		---------
Net current assets			499,052	505,233
			---------	---------
Total assets less current liabilities			499,052	505,233
			---------	---------
Net assets			499,052	505,233
			---------	---------

Capital and reserves

Called up share capital	1,462	1,462
Profit and loss account	497,590	503,771
	---------	---------
Shareholder funds	499,052	505,233
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 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 year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 15 December 2025 , and are signed on behalf of the board by:

A Keinan
Director

Company registration number: 04308459

Auracall Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1st Floor, Olympia House, 1 Armitage Road, London, England, NW11 8RQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

Deferred taxation is provided using the liability method on all timing differences, including those relating to pensions, which are expected to reverse in the future without being replaced, calculated at the rate at which it is anticipated the timing differences will reverse. Advance corporation tax which is expected to be recoverable in the future is deducted from the deferred taxation balance.

4. Debtors

	2024	2023
	£	£
Trade debtors	590	1,781
Amounts owed by group undertakings and undertakings in which the company has a participating interest	896,486	897,685
	---------	---------
	897,076	899,466
	---------	---------

5. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	3,000	123
Amounts owed to group undertakings and undertakings in which the company has a participating interest	339,710	339,710
Social security and other taxes	115	371
Other creditors	74,483	92,985
	---------	---------
	417,308	433,189
	---------	---------

6. Controlling party

The immediate parent undertaking is Swiftnet Limited. The ultimate parent company is Amit K Ltd a company incorporated in the United Kingdom.