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Company Registration No. 12117525 (England and Wales)
Aurora Gray Ltd Unaudited accounts for the year ended 31 July 2025
Aurora Gray Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Aurora Gray Ltd Company Information for the year ended 31 July 2025
Director
Simon David Lu
Company Number
12117525 (England and Wales)
Registered Office
177 Corporation Road Newport NP19 0BJ
Accountants
Evans Entwistle Venta House Maes-glas Newport NP20 2NS
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Aurora Gray Ltd for the year ended 31 July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aurora Gray Ltd for the year ended 31 July 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Venta House Maes-glas Newport NP20 2NS 16 December 2025
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Aurora Gray Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,721
5,318
Current assets
Inventories
4,000
4,000
Debtors
11,205
3,456
Cash at bank and in hand
25,209
41,156
40,414
48,612
Creditors: amounts falling due within one year
(43,366)
(39,698)
Net current (liabilities)/assets
(2,952)
8,914
Total assets less current liabilities
769
14,232
Creditors: amounts falling due after more than one year
-
(10,571)
Provisions for liabilities
Deferred tax
5
(766)
(1,010)
Net assets
3
2,651
Capital and reserves
Called up share capital
6
2
2
Profit and loss account
1
2,649
Shareholders' funds
3
2,651
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 December 2025 and were signed on its behalf by
Simon David Lu Director Company Registration No. 12117525
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Aurora Gray Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Aurora Gray Ltd is a private company, limited by shares, registered in England and Wales, registration number 12117525. The registered office is 177 Corporation Road, Newport, NP19 0BJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight line
Fixtures & fittings
5 years straight line
Deferred taxation
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 accounts. 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 current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Aurora Gray Ltd Notes to the Accounts for the year ended 31 July 2025
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 August 2024
10,983
At 31 July 2025
10,983
Depreciation
At 1 August 2024
5,665
Charge for the year
1,597
At 31 July 2025
7,262
Net book value
At 31 July 2025
3,721
At 31 July 2024
5,318
5
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
766
1,010
2025
2024
£
£
Provision at start of year
1,010
379
(Credited)/charged to the profit and loss account
(244)
631
Provision at end of year
766
1,010
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary A shares of £1 each
2
2
7
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Simon David Lu
general loan outstanding
3,441
-
358
3,083
3,441
-
358
3,083
The balance represents an interest free loan that is repayable to the company upon demand.
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Aurora Gray Ltd Notes to the Accounts for the year ended 31 July 2025
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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