Aurelia Training Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03809081 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

Aurelia Training Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R T Harknett

Mrs R V Harknett

REGISTERED OFFICE:

The Butts Park Arena

The Butts

Coventry

CV1 3GE

REGISTERED NUMBER:

03809081 (England and Wales)

ACCOUNTANTS:

Appleby Mall Limited

Chartered Accountants

86 Tettenhall Road

Wolverhampton

West Midlands

WV1 4TF

FIXED ASSETS

Tangible assets

4

5,578

6,335

CURRENT ASSETS

Debtors

245,104

158,289

Cash at bank and in hand

12,462

32,035

257,566

190,324

CREDITORS

Amounts falling due within one year

114,199

88,217

NET CURRENT ASSETS

143,367

102,107

TOTAL ASSETS LESS CURRENT LIABILITIES

148,945

108,442

CREDITORS

Amounts falling due after more than one year

(84,586

)

(43,653

)

PROVISIONS FOR LIABILITIES

6

(956

)

(1,129

)

NET ASSETS

63,403

63,660

CAPITAL AND RESERVES

Called up share capital

7

2,000

2,000

Retained earnings

61,403

61,660

SHAREHOLDERS' FUNDS

63,403

63,660

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2020 and were signed on its behalf by:

R T Harknett - Director

1.	STATUTORY INFORMATION

Aurelia Training Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

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 etc

-

33% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 11 (2019 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2019

66,786

Additions

5,139

Disposals

(57,793

)

At 31 March 2020

14,132

DEPRECIATION

At 1 April 2019

60,451

Charge for year

2,398

Eliminated on disposal

(54,295

)

At 31 March 2020

8,554

NET BOOK VALUE

At 31 March 2020

5,578

At 31 March 2019

6,335

5.	SECURED DEBTS

The following secured debts are included within creditors:

2020

2019

£

£

Bank loans

101,010

-

6.	PROVISIONS FOR LIABILITIES

2020

2019

£

£

Deferred tax

956

1,129

Deferred

tax

£

Balance at 1 April 2019

1,129

Accelerated capital allowances

(173

)

Balance at 31 March 2020

956

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

1,800

Ordinary

£1

1,800

1,800

200

Ordinary A

£1

200

200

2,000

2,000

8.	ULTIMATE CONTROLLING PARTY

The controlling party is R T Harknett.