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COMPANY REGISTRATION NUMBER: 04500391

AURA-SOMA EDUCATION SYSTEMS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 May 2025

AURA-SOMA EDUCATION SYSTEMS LIMITED

STATEMENT OF FINANCIAL POSITION

31 May 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Intangible assets | 5 |  | 85,056 | 87,038
Tangible assets | 6 |  | 304,734 | 354,293
|  | --------- | ---------
|  | 389,790 | 441,331

Current assets

Debtors | 7 | 51,099 |  | 33,777
Cash at bank and in hand | 83,218 |  | 28,922
| --------- |  | --------
| 134,317 |  | 62,699

Creditors: amounts falling due within one year | 8 | ( 1,590,820) |  | ( 1,590,419)
| ------------ |  | ------------
Net current liabilities |  | ( 1,456,503) | ( 1,527,720)
|  | ------------ | ------------
Total assets less current liabilities |  | ( 1,066,713) | ( 1,086,389)

Provisions

Taxation including deferred tax |  | ( 20,635) | ( 11,250)
|  | ------------ | ------------
Net liabilities |  | ( 1,087,348) | ( 1,097,639)
|  | ------------ | ------------

Capital and reserves

Called up share capital |  | 1 | 1
Profit and loss account |  | ( 1,087,349) | ( 1,097,640)
|  | ------------ | ------------
Shareholders deficit |  | ( 1,087,348) | ( 1,097,639)
|  | ------------ | ------------

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 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 .

AURA-SOMA EDUCATION SYSTEMS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 May 2025
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
Director

Company registration number: 04500391

AURA-SOMA EDUCATION SYSTEMS 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 Dev Aura, Little London, Tetford, Lincolnshire, LN9 6QL.
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 and in sterling, which is the functional currency of the entity.
Going concern
The company continues to hold negative reserves however despite this it has been able to continue to trade and meets its liabilities as they fall due. In addition, the related party creditors have given assurances not to force repayment from the company. The directors expect the following period to be both profitable and cash-generating. Accordingly the financial statements have been prepared on a going concern basis.
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 The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: - 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: 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.
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.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Operating leases
Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.
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 costs | - | 15% reducing balance

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 initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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:

| L/Hold Property Improvements | - | 5% straight line
| Fixtures & Fittings | - | 15-33% reducing balance
| Motor Vehicles | - | 25% straight line

The directors have taken the view that although the term of the lease is 5 years, it is a rolling renewable lease and it is more appropriate to take a longer term view and therefore the improvements to the property have been depreciated on a 5% straight line basis.
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. Deferred income is not deemed to be a financial liability, as the cash settlement has already taken place and there is an obligation to deliver services rather than cash or another financial instrument.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2024: 6 ).
5. Intangible assets

| Website costs
| £
Cost |
At 1 June 2024 | 220,202
Additions | 11,505
| ---------
At 31 May 2025 | 231,707
| ---------
Amortisation |
At 1 June 2024 | 133,164
Charge for the year | 13,487
| ---------
At 31 May 2025 | 146,651
| ---------
Carrying amount |
At 31 May 2025 | 85,056
| ---------
At 31 May 2024 | 87,038
| ---------

6. Tangible assets

| Property Improvements | Fixtures and fittings | Motor vehicles | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 June 2024 | 432,873 | 637,099 | 5,000 | 1,074,972
Additions | – | 4,178 | – | 4,178
Disposals | – | – | ( 5,000) | ( 5,000)
| --------- | --------- | ------- | ------------
At 31 May 2025 | 432,873 | 641,277 | – | 1,074,150
| --------- | --------- | ------- | ------------
Depreciation |  |  |  |
At 1 June 2024 | 273,575 | 442,104 | 5,000 | 720,679
Charge for the year | 21,644 | 32,093 | – | 53,737
Disposals | – | – | ( 5,000) | ( 5,000)
| --------- | --------- | ------- | ------------
At 31 May 2025 | 295,219 | 474,197 | – | 769,416
| --------- | --------- | ------- | ------------
Carrying amount |  |  |  |
At 31 May 2025 | 137,654 | 167,080 | – | 304,734
| --------- | --------- | ------- | ------------
At 31 May 2024 | 159,298 | 194,995 | – | 354,293
| --------- | --------- | ------- | ------------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 27,301 | 22,362
Other debtors | 23,798 | 11,415
| -------- | --------
| 51,099 | 33,777
| -------- | --------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 28,172 | 20,071
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 1,390,504 | 1,435,630
Social security and other taxes | 4,635 | 4,957
Amounts owed to related parties | 29,139 | 31,688
Other creditors | 138,370 | 98,073
| ------------ | ------------
| 1,590,820 | 1,590,419
| ------------ | ------------

Whilst the parent company has given assurances not to request immediate repayment (as stated in the going concern accounting policy) as there are no formal agreements the debts are classified as payable on demand.
9. Related party transactions
There were the following material transactions with related parties which have not been concluded under normal market conditions:- Aura-Soma Products 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 so it has been shown in creditors due in less than one year. There are no other related party transactions which require disclosure under Section 1A of FRS 102.
10. Controlling party
Aura-Soma Products Limited is the ultimate parent company, a company which is under the control of its Directors .