Aura Studios Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03908364 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Aura Studios Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Lawrence

The Hon Mrs L Lawrence

SECRETARY:

M Lawrence

REGISTERED OFFICE:

Croft House The Street

All Cannings

Devizes

Wiltshire

SN10 3PA

REGISTERED NUMBER:

03908364 (England and Wales)

ACCOUNTANTS:

IFS4B Ltd

8 Pitts Croft

Neston

Corsham

Wiltshire

FIXED ASSETS

Tangible assets

2

5,695

3,544

CURRENT ASSETS

Debtors

1,736

4,719

Cash at bank

9,165

2,963

10,901

7,682

CREDITORS

Amounts falling due within one year

1,849

-

NET CURRENT ASSETS

9,052

7,682

TOTAL ASSETS LESS CURRENT LIABILITIES

14,747

11,226

CREDITORS

Amounts falling due after more than one year

18,085

18,976

NET LIABILITIES

(3,338

)

(7,750

)

CAPITAL AND RESERVES

Called up share capital

3

1,200

1,200

Share premium

25,000

25,000

Profit and loss account

(29,538

)

(33,950

)

SHAREHOLDERS' FUNDS

(3,338

)

(7,750

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 15 September 2014 and were signed on its behalf by:

M Lawrence - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

95,114

Additions

4,049

At 31 December 2013

99,163

DEPRECIATION

At 1 January 2013

91,570

Charge for year

1,898

At 31 December 2013

93,468

NET BOOK VALUE

At 31 December 2013

5,695

At 31 December 2012

3,544

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

1,200

Ordinary

£1

1,200

1,200