REGISTERED NUMBER: 15781058 (England and Wales)

AURA METALS RECYCLING LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R P Harvey

REGISTERED OFFICE:

Wallace House

20 Birmingham Road

Walsall

West Midlands

WS1 2LT

REGISTERED NUMBER:

15781058 (England and Wales)

ACCOUNTANTS:

Wallace Crooke Walsall Limited

Chartered Accountants

Wallace House

20 Birmingham Road

Walsall

West Midlands

WS1 2LT

FIXED ASSETS

Intangible assets

4

95,564

143,346

Tangible assets

5

79,395

77,557

174,959

220,903

CURRENT ASSETS

Stocks

611,607

442,132

Debtors

6

1,050,672

1,106,882

Cash at bank

22,602

21,923

1,684,881

1,570,937

CREDITORS

Amounts falling due within one year

7

1,579,164

1,505,313

NET CURRENT ASSETS

105,717

65,624

TOTAL ASSETS LESS CURRENT LIABILITIES

280,676

286,527

CREDITORS

Amounts falling due after more than one year

8

43,098

122,317

NET ASSETS

237,578

164,210

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

237,478

164,110

SHAREHOLDERS' FUNDS

237,578

164,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2026 and were signed by:

Mr R P Harvey - Director

1.	STATUTORY INFORMATION

Aura Metals Recycling Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowances for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2025

and 30 June 2026

197,015

AMORTISATION

At 1 July 2025

53,669

Amortisation for year

47,782

At 30 June 2026

101,451

NET BOOK VALUE

At 30 June 2026

95,564

At 30 June 2025

143,346

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2025

47,368

41,672

4,922

93,962

Additions

4,540

20,700

-

25,240

At 30 June 2026

51,908

62,372

4,922

119,202

DEPRECIATION

At 1 July 2025

7,888

7,150

1,367

16,405

Charge for year

10,543

11,218

1,641

23,402

At 30 June 2026

18,431

18,368

3,008

39,807

NET BOOK VALUE

At 30 June 2026

33,477

44,004

1,914

79,395

At 30 June 2025

39,480

34,522

3,555

77,557

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

817,179

900,792

Other debtors

833

2,000

VAT

123,346

68,430

Prepayments and accrued income

109,314

135,660

1,050,672

1,106,882

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,253,875

1,120,456

Tax

45,290

49,346

Social security and other taxes

5,680

3,173

Other creditors

266,529

305,265

Directors' current accounts

4,492

9,692

Accruals and deferred income

3,298

17,381

1,579,164

1,505,313

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Trade creditors

-

22,317

Other creditors

43,098

100,000

43,098

122,317

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

35,000

35,000

Between one and five years

17,500

55,417

52,500

90,417

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100