Avrora NW Ltd - Accounts

Avrora NW Ltd
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	3,749	3,492
		3,749	3,492
Current assets
Stocks	4	251,629	253,379
Debtors	5	806	-
Cash at bank and in hand		21,920	28,562
		274,355	281,941
Creditors: amount falling due within one year	6	(160,018)	(163,169)
Net current assets		114,337	118,772

Total assets less current liabilities		118,086	122,264
Provisions for liabilities	7	(1,482)	(1,482)
Net assets		116,604	120,782

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		116,504	120,682
Shareholders' funds		116,604	120,782

For the year ended 31 January 2026 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 02 October 2026 and were signed on its behalf by:

-------------------------------
Andrew John Smith
Director

Avrora NW Ltd
Notes to the Financial Statements
For the year ended 31 January 2026

General Information

Avrora NW Ltd is a private company, limited by shares, registered in England and Wales, registration number 13159094, registration address Penny Lane Business Centre, 374 Smithdown Road, Liverpool, Merseyside, L15 5AN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

25 Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2025 : 2).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 February 2025	7,449	7,449
Additions	1,506	1,506
Disposals	-	-
At 31 January 2026	8,955	8,955
Depreciation
At 01 February 2025	3,957	3,957
Charge for year	1,249	1,249
On disposals	-	-
At 31 January 2026	5,206	5,206
Net book values
Closing balance as at 31 January 2026	3,749	3,749
Opening balance as at 01 February 2025	3,492	3,492

Stocks

	2026 £		2025 £
Stocks	251,629		253,379
	251,629		253,379

Debtors: amounts falling due within one year

	2026 £		2025 £
Corporation Tax	806		-
	806		-

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	85	84
Corporation Tax	-	6,009
PAYE & Social Security	3,008	958
Directors' Current Accounts	151,927	152,154
VAT	4,998	3,964
	160,018	163,169

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	1,482		1,482
	1,482		1,482

Share Capital

Authorised
100 Ordinary shares of £1.00 each

Allotted, called up and fully paid	2026 £		2025 £
1 Ordinary share of £1.00 each	1		1
	1		1