Aurora Management Services Limited - Period Ending 2015-08-31

Registration number: 05536370

Aurora Management Services Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 August 2015
 

SBMC Business Management Ltd
Accountants
432 Gloucester Road
Horfield
Bristol
Bristol
BS7 8TX

Aurora Management Services Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Statutory Accounts of
Aurora Management Services Limited
for the Year Ended 31 August 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aurora Management Services Limited for the year ended 31 August 2015 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Aurora Management Services Limited, as a body, in accordance. Our work has been undertaken solely to prepare for your approval the accounts of Aurora Management Services Limited. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aurora Management Services Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Aurora Management Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Aurora Management Services Limited. You consider that Aurora Management Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Aurora Management Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

SBMC Business Management Ltd
Accountants
432 Gloucester Road
Horfield
Bristol
Bristol
BS7 8TX

23 May 2016

Page 1

Aurora Management Services Limited
(Registration number: 05536370)
Abbreviated Balance Sheet at 31 August 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					775			385
Current assets
Debtors					182			9,240
Cash at bank and in hand					152,680			110,387
					152,862			119,627
Creditors: Amounts falling due within one year					(33,510)			(26,260)
Net current assets					119,352			93,367
Net assets					120,127			93,752
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					119,127			92,752
Shareholders' funds					120,127			93,752

For the year ending 31 August 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 23 May 2016 and signed on its behalf by:

.........................................
Mr R W Rounding
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Aurora Management Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipment	25% Straight Line Basis
Fixtures & Fittings	25% Straight Line Basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 September 2014		3,848			3,848
Additions		839			839
At 31 August 2015		4,687			4,687
Depreciation
At 1 September 2014		3,463			3,463
Charge for the year		449			449
At 31 August 2015		3,912			3,912
Net book value
At 31 August 2015		775			775
At 31 August 2014		385			385

Page 3

Aurora Management Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Shares of £1 each		1,000			1,000			1,000			1,000

Page 4