Company Registration No. 12287045 (England and Wales)
Aura Life Limited
Unaudited accounts
for the year ended 31 December 2021
Aura Life Limited
Unaudited accounts
Contents
Aura Life Limited
Company Information
for the year ended 31 December 2021
Directors
Matthew Dunn
David Jameson
Paul Jameson
Benedict May
Company Number
12287045 (England and Wales)
Registered Office
BUNKERS HILL FARM
UNSTED
GODALMING
GU7 1UP
ENGLAND
Aura Life Limited
Statement of financial position
as at
31 December 2021
Intangible assets
101,732
105,871
Tangible assets
2,690
2,662
Cash at bank and in hand
431,975
-
Creditors: amounts falling due within one year
(36,475)
(30,491)
Net current assets/(liabilities)
402,165
(15,269)
Total assets less current liabilities
506,587
93,264
Creditors: amounts falling due after more than one year
(40,834)
-
Net assets
465,753
93,264
Called up share capital
1,863
1,863
Share premium
857,928
176,901
Profit and loss account
(394,038)
(85,500)
Shareholders' funds
465,753
93,264
For the year ending 31 December 2021 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 12 May 2022 and were signed on its behalf by
Paul Jameson
Director
Company Registration No. 12287045
Aura Life Limited
Notes to the Accounts
for the year ended 31 December 2021
Aura Life Limited is a private company, limited by shares, registered in England and Wales, registration number 12287045. The registered office and principal place of business is BUNKERS HILL FARM, UNSTED, GODALMING, GU7 1UP, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Other intangible assets represent website development costs. These costs are amortised to profit and loss account over their useful economic lives on the following bases:
Website 33.33% Straight Line
Intangible assets are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
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:
Fixtures & fittings
25% Straight Line
Computer equipment
33.33% Straight Line
4
Intangible fixed assets
Other
At 1 January 2021
113,260
At 31 December 2021
160,385
Charge for the year
51,264
At 31 December 2021
58,653
At 31 December 2021
101,732
At 31 December 2020
105,871
Aura Life Limited
Notes to the Accounts
for the year ended 31 December 2021
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2021
229
2,582
2,811
At 31 December 2021
229
3,514
3,743
At 1 January 2021
10
139
149
Charge for the year
55
849
904
At 31 December 2021
65
988
1,053
At 31 December 2021
164
2,526
2,690
At 31 December 2020
219
2,443
2,662
6
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
Other debtors
6,665
15,222
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,167
4,014
Trade creditors
3,908
6,356
Taxes and social security
4,102
303
Loans from directors
19,048
19,068
8
Creditors: amounts falling due after more than one year
2021
2020
9
Share capital
2021
2020
Allotted, called up and fully paid:
1,863,069 Ordinary shares of £0.001 each
1,863.06
1,863.06
10
Average number of employees
During the year the average number of employees was 2 (2020: 1).