Aura Living Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05419596 (England and Wales)

AURA LIVING LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 OCTOBER 2013 TO 31 DECEMBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M J T Lincoln

M L Lincoln

SECRETARY:

M J T Lincoln

REGISTERED OFFICE:

The Studio

7 Gransmore Walk

Ermington

IVYBRIDGE

Devon

PL21 9FR

REGISTERED NUMBER:

05419596 (England and Wales)

ACCOUNTANTS:

Mark Holt & Co Limited

Chartered Accountants

7 Sandy Court

Ashleigh Way

Langage Business Park

Plymouth

Devon

PL7 5JX

FIXED ASSETS

Tangible assets

2

685

1,060

Investments

3

-

191,400

685

192,460

CURRENT ASSETS

Debtors

18,407

-

Cash at bank

52,253

35,550

70,660

35,550

CREDITORS

Amounts falling due within one year

67,640

170,144

NET CURRENT ASSETS/(LIABILITIES)

3,020

(134,594

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,705

57,866

PROVISIONS FOR LIABILITIES

137

102

NET ASSETS

3,568

57,764

CAPITAL AND RESERVES

Called up share capital

4

100

100

Revaluation reserve

-

18,707

Profit and loss account

3,468

38,957

SHAREHOLDERS' FUNDS

3,568

57,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 1 June 2015 and were signed on its behalf by:

M J T Lincoln - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain

assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of consultancy advice on financial matters, excluding value added tax.

Tangible fixed assets

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

Office equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Investments

Investments are shown at their open market value. The surplus arising from the annual revaluations is transferred to the

investment revaluation reserve. If there is a subsequent deficit this is credit against the revaluation reserve. If there is an

initial deficit, or reversal of such deficit, it is recognised in the profit and loss account for the year. All investments were

transferred to Gransmore Limited, the holding company of Aura Living Limited, on 16 June 2014.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

7,473

Additions

80

At 31 December 2014

7,553

DEPRECIATION

At 1 October 2013

6,413

Charge for period

455

At 31 December 2014

6,868

NET BOOK VALUE

At 31 December 2014

685

At 30 September 2013

1,060

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST OR VALUATION

At 1 October 2013

191,400

Additions

27,568

Disposals

(200,261

)

Revaluations

(18,707

)

At 31 December 2014

-

NET BOOK VALUE

At 31 December 2014

-

At 30 September 2013

191,400

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE PARENT COMPANY

Gransmore Limited is regarded by the directors as being the company's ultimate parent company.

During the year the company became a wholly owned subsidiary of Gransmore Limited, a company incorporated in England

& Wales.

Gransmore Limited incorporated on 1 November 2013. The company's period end is also 31 December 2014, and the

accounts are available from Companies House, Crown Way, Cardiff.