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COMPANY REGISTRATION NUMBER: 02097549

AURA-SOMA PRODUCTS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 May 2025

AURA-SOMA PRODUCTS LIMITED

STATEMENT OF FINANCIAL POSITION

31 May 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Intangible assets | 5 |  | 28,224 | 20,003
Tangible assets | 6 |  | 6,313,292 | 6,471,627
Investments | 7 |  | 926 | 926
|  | ------------- | -------------
|  | 6,342,442 | 6,492,556

Current assets

Stocks | 1,367,249 |  | 1,458,507
Debtors | 8 | 2,849,225 |  | 3,181,079
Cash at bank and in hand | 1,524,311 |  | 1,530,535
| ------------- |  | -------------
| 5,740,785 |  | 6,170,121

Creditors: amounts falling due within one year | 9 | ( 493,256) |  | ( 691,638)
| ------------- |  | -------------
Net current assets |  | 5,247,529 | 5,478,483
|  | -------------- | --------------
Total assets less current liabilities |  | 11,589,971 | 11,971,039

Creditors: amounts falling due after more than one year | 10 |  | ( 83,163) | ( 268,153)

Provisions

Taxation including deferred tax |  | – | ( 16,915)
|  | -------------- | --------------
Net assets |  | 11,506,808 | 11,685,971
|  | -------------- | --------------

Capital and reserves

Called up share capital |  | 1,848 | 1,848
Share premium account |  | 741,232 | 741,232
Revaluation reserve |  | 1,045,357 | 1,071,875
Capital redemption reserve |  | 77 | 77
Profit and loss account |  | 9,718,294 | 9,870,939
|  | -------------- | --------------
Shareholders funds |  | 11,506,808 | 11,685,971
|  | -------------- | --------------

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 comprehensive income has not been delivered.

AURA-SOMA PRODUCTS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 May 2025
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their 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 30 January 2026 , and are signed on behalf of the board by:

J M Booth (Chairman)
Chairman

Company registration number: 02097549

AURA-SOMA PRODUCTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MAY 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is South Road, Tetford, Horncastle, Lincs, LN9 6QB.
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.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The actual outcome may diverge from these estimates if other assumptions are made, or other conditions arise. - Significant judgements There have been no judgements that management has made in the process of applying the entity's accounting policies that have made a significant effect on the amounts recognised in the financial statements. - Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: Depreciation charges The annual depreciation charge for tangible assets is sensitive to changes in the useful economic lives and residual values of the assets. These are reviewed periodically by the Directors to ensure that they reflect both external and internal factors. Stock provisions Raw materials and finished goods can become subject to obsolescence. As a result it is necessary to consider the recoverability of the cost of certain stock items and the associate provisioning required. When making these assessments management considers the nature and condition of the stocks as well as considering the possible future applications. For further details refer to the stocks policy.
Revenue recognition
The turnover shown in the profit and loss account represents the value of all work done during the period, exclusive of Value Added Tax. Turnover is recognised at the point at which the company has fulfilled its contractual obligations and the risks and rewards attaching to the sale have been transferred to the customer.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Website | - | 4% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised. The company previously adopted a policy of revaluing freehold land and buildings and they were stated at their revalued amount less any subsequent depreciation and accumulated impairment losses. Effective from 1 June 2015 the company adopted the transition exemption under FRS 102 paragraph 35.10(d) and has elected to use the previous revaluation as deemed cost. The difference between depreciation based on the deemed cost charged in the profit and loss account and the asset's original cost is transferred from the revaluation to retained earnings.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Freehold Property | - | 2% straight line
| Improvements to Leasehold Property | - | 15% reducing balance
| Plant & Machinery | - | 15-25% straight line
| Fixtures & Fittings | - | 15% straight line
| Motor Vehicles | - | 15% reducing balance

An amount equal to the excess of the annual depreciation charge on revalued assets over the notional historical cost depreciation charge on those assets is transferred annually from the revaluation reserve to the profit and loss reserve.
Investments
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. It is subsequently revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Investments in the subsidiary company is held at cost less accumulated impairment losses.
Stocks
Stocks are valued at the lower of cost and net realisable value, on a first-in-first-out basis, after making due allowance for obsolete and slow moving items. Cost is based on purchase price.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
The company only holds basic financial instruments as defined in FRS 102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.
Defined contribution plans
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 36 (2024: 37 ).
5. Intangible assets

| Website
| £
Cost |
At 1 June 2024 | 20,003
Additions | 8,699
| ---------
At 31 May 2025 | 28,702
| ---------
Amortisation |
Charge for the year | 478
| ---------
At 31 May 2025 | 478
| ---------
Carrying amount |
At 31 May 2025 | 28,224
| ---------
At 31 May 2024 | 20,003
| ---------

6. Tangible assets

| Freehold property | Plant and machinery | Fixtures and fittings | Motor vehicles | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 June 2024 | 7,024,844 | 2,019,567 | 490,305 | 413,284 | 9,948,000
Additions | 142,908 | 23,656 | 8,958 | 94,995 | 270,517
Disposals | – | ( 19,542) | – | ( 168,000) | ( 187,542)
| ------------- | ------------- | ---------- | ---------- | --------------
At 31 May 2025 | 7,167,752 | 2,023,681 | 499,263 | 340,279 | 10,030,975
| ------------- | ------------- | ---------- | ---------- | --------------
Depreciation |  |  |  |  |
At 1 June 2024 | 1,499,103 | 1,435,105 | 408,287 | 133,878 | 3,476,373
Charge for the year | 140,023 | 96,939 | 12,566 | 35,439 | 284,967
Disposals | – | ( 14,836) | – | ( 28,821) | ( 43,657)
| ------------- | ------------- | ---------- | ---------- | --------------
At 31 May 2025 | 1,639,126 | 1,517,208 | 420,853 | 140,496 | 3,717,683
| ------------- | ------------- | ---------- | ---------- | --------------
Carrying amount |  |  |  |  |
At 31 May 2025 | 5,528,626 | 506,473 | 78,410 | 199,783 | 6,313,292
| ------------- | ------------- | ---------- | ---------- | --------------
At 31 May 2024 | 5,525,741 | 584,462 | 82,018 | 279,406 | 6,471,627
| ------------- | ------------- | ---------- | ---------- | --------------

Included in Freehold Land and Buildings is land at a value of £3,421,700 (2024 - £3,300,383) which is not depreciated.
Tangible assets held at valuation
The company applied the transitional arrangements of Section 35 of FRS 102 and used a valuation as the deemed cost for certain freehold properties which were revalued 31 May 2015 by DDM Agriculture Limited, a firm of Real Estate Appraisers and Consultants, Lincolnshire, using market based evidence for properties sold in the local area. The properties are being depreciated from the valuation date. As the assets are depreciated or sold an appropriate transfer is made from the revaluation reserve to retained earnings.
Finance leases and hire purchase contracts
Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

| Plant and machinery | Motor vehicles | Total
| £ | £ | £
At 31 May 2025 | 238,994 | 127,881 | 366,875
| ---------- | ---------- | ----------
At 31 May 2024 | 324,211 | 186,274 | 510,485
| ---------- | ---------- | ----------

7. Investments

| Shares in group undertakings
| £
Cost |
At 1 June 2024 and 31 May 2025 | 745,510
| ----------
Impairment |
At 1 June 2024 and 31 May 2025 | 744,584
| ----------

Carrying amount |
At 31 May 2025 | 926
| ----------
At 31 May 2024 | 926
| ----------

Subsidiaries, associates and other investments

| Class of share | Percentage of shares held
Subsidiary undertakings |  |
Aura-Soma Limited (dormant) | Ordinary | 100
Aura-Soma Education Systems Limited | Ordinary | 100

8. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 336,001 | 283,785
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 1,390,504 | 1,435,630
Other debtors | 1,122,720 | 1,461,664
| ------------- | -------------
| 2,849,225 | 3,181,079
| ------------- | -------------

The debtors above include the following amounts falling due after more than one year:

| 2025 | 2024
| £ | £
Other debtors | 115,560 | 157,371
| ---------- | ----------

Debts without any formal agreement are deemed to be repayable on demand and as a consequence are included within current assets.
9. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 60,700 | 58,849
Trade creditors | 141,978 | 277,004
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 925 | 925
Social security and other taxes | 65,577 | 62,738
Other creditors | 224,076 | 292,122
| ---------- | ----------
| 493,256 | 691,638
| ---------- | ----------

The bank debt is secured by charges over the Freehold Land & Buildings owned by the company. There is also a personal guarantee in place from the Directors.
Other creditors includes hire purchase liabilities of £124,571 (2024 - £147,919) which are secured on the relevant assets.
10. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 20,233 | 78,465
Other creditors | 62,930 | 189,688
| --------- | ----------
| 83,163 | 268,153
| --------- | ----------

The bank debt is secured by charges over the Freehold Land & Buildings owned by the company. There is also a personal guarantee in place from the Directors.
Other creditors represents hire purchase liabilities which are secured on the relevant assets.
11. Directors' advances, credits and guarantees
Included within other debtors (see note 8) are loans to the directors as follows: Amounts outstanding

|  | 2025 | 2024
|  | £ | £
| C G F Booth | 228,315 | 232,815
| J M Booth | 156,092 | 304,524
|  | ---------- | ----------
| Total | 384,407 | 537,339
|  | ---------- | ----------

During the year, additional advances were received by C G F Booth in the form of personal expenses paid for by the company totalling £nil (2024 - £nil). J M Booth also received advances in the form of personal expenses paid for by the company, totalling £65,380 (2024 - £64,281). Royalties and capital introduced totalling £213,812 (2024 - £116,049) were credited to his loan account. Maximum outstanding during the year

|  | 2025 | 2024
|  | £ | £
| C G F Booth | 232,815 | 232,815
| J M Booth | 304,524 | 420,461
|  | ---------- | ----------
| Total | 537,339 | 653,276
|  | ---------- | ----------

12. Related party transactions
Due to the nature of the business, there are many other entities throughout the world using the name 'Aura-Soma'. Supplies to these entities are on normal commercial terms and conditions, on an arms length basis at open market values. There were however the following material transactions with related parties which have not been concluded under normal market conditions:- Aura-Soma Education Systems Limited. This company is a wholly owned subsidiary of Aura-Soma Products Limited. There is an interest free loan to Aura-Soma Education Systems Limited amounting to £1,390,504 (2024 - £1,435,630). There is no fixed date for repayment of this loan and so it has been shown in debtors due in less than one year. No further transactions with related parties were undertaken such as are required to be disclosed under Section 1A of FRS 102.
13. Ultimate controlling party
The company is considered to be under the control of the Directors.