Alluria Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Alluria Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05921354 . The registered office is Avaland House 110 London Road, Apsley, Hemel Hempstead, Hertfordshire, HP3 9SD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Leasehold improvements	10% on cost
Computer Equipment	33% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items.

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Alluria Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 5)

4. Tangible Assets

	Plant & Machinery	Leasehold improvements	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	160,717	170,780	3,592	335,089

As at 31 March 2025	160,717	170,780	3,592	335,089

Depreciation
As at 1 April 2024	77,987	46,806	2,701	127,494
Provided during the period	20,683	17,077	623	38,383

As at 31 March 2025	98,670	63,883	3,324	165,877

Net Book Value
As at 31 March 2025	62,047	106,897	268	169,212

As at 1 April 2024	82,730	123,974	891	207,595

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Alluria Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Stocks

	2025	2024
	£	£
Stock	3,000	3,000

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	-	557
Other debtors	41,802	38,302
Funds held on account	4,962	13,659
Director's loan account	227,024	153,569
Amounts owed by associates	404,582	393,902

	678,370	599,989

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	45,982	52,819
Trade creditors	39,030	36,163
Bank loans and overdrafts	14,461	10,973
Other loans	36,228	60,084
Corporation tax	157,794	126,239
Social security, pensions and other taxes	13,881	57,593
Wages control account	2,567	10,276
Other creditors	52,445	57,674
Company credit card	10,814	-
Accruals and deferred income	29,230	17,587

	402,432	429,408

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	27,960	56,574
Bank loans	28,396	32,313
Other loans	25,049	47,814

	81,405	136,701

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Alluria Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	45,982	52,819
Later than one year and not later than five years	27,960	56,574

	73,942	109,393

	73,942	109,393

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Dr Rouba Sbano	153,569	73,455	-	-	227,024

The director's loan is subject to interest calculated at the official rate published by HM Revenue & Customs. During the year ended 31 March 2025 interest of £4,227 (2024: £3,469) was charged to the director's loan account and included in the profit and loss account as Interest Receivable.

12. Related Party Transactions

Amounts due from related parties

A limited company incorporated in England and Wales of which R Sbano owns 100% of the issued share capital. The company offered a interest free loan, repayable on demand and the balance at the year end was £404,582 (2024: £393,902) owing from that company.

At 31 March 2025 the company was owed £3,500 by S Alsabbgh, the spouse of director Rouba Sbano. The loan is unsecured, interest free and repayable on demand. No amounts were written off or waived during the year. This loan balance is included within Other debtors.

Amounts due to related parties

At 31 March 2025 the company owed £51,574 (2024: £57,574) to Danya Sbano, the sister of director Rouba Sbano. The loan is unsecured, interest free and repayable on demand. No amounts were written off or waived during the year. This loan balance is included within Other creditors.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		169,212		207,595

			169,212		207,595
CURRENT ASSETS
Stocks	5	3,000		3,000
Debtors	6	678,370		599,989

		681,370		602,989
Creditors: Amounts Falling Due Within One Year	7	(402,432 )		(429,408 )

NET CURRENT ASSETS (LIABILITIES)			278,938		173,581

TOTAL ASSETS LESS CURRENT LIABILITIES			448,150		381,176

Creditors: Amounts Falling Due After More Than One Year	8		(81,405 )		(136,701 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,454 )		(17,825 )

NET ASSETS			352,291		226,650

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			352,290		226,649

SHAREHOLDERS' FUNDS			352,291		226,650