AURIENS LIMITED

Company Registration Number:
10294682 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 25 July 2016

End date: 31 December 2017

AURIENS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

AURIENS LIMITED

Balance sheet

As at 31 December 2017


Notes
17 months to 31 December 2017


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 310,760
Investments: 4 2,180,614
Total fixed assets: 2,491,374
Current assets
Stocks: 0
Debtors: 5 1,909,164
Cash at bank and in hand: 16,890
Investments:   0
Total current assets: 1,926,054
Creditors: amounts falling due within one year: 6 (3,644,440)
Net current assets (liabilities): (1,718,386)
Total assets less current liabilities: 772,988
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Total net assets (liabilities): 772,988
Capital and reserves
Called up share capital: 200
Share premium account: 0
Revaluation reserve: 0
Other reserves: 0
Profit and loss account: 772,788
Shareholders funds: 772,988

The notes form part of these financial statements

AURIENS LIMITED

Balance sheet statements

For the year ending 31 December 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 April 2018
and signed on behalf of the board by:

Name: Iain Corstorphine
Status: Director

The notes form part of these financial statements

AURIENS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AURIENS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Employees

17 months to 31 December 2017
Average number of employees during the period 7

AURIENS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Tangible Assets

Total
Cost £
Additions 337,797
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2017 337,797
Depreciation
Charge for year 27,037
On disposals 0
Other adjustments 0
At 31 December 2017 27,037
Net book value
At 31 December 2017 310,760

AURIENS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Fixed investments

Investments in subsidiaries are carried at cost less accumulated impairment.Investment is in Westward Consultants Limited.

AURIENS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

5. Debtors

17 months to 31 December 2017
£
Debtors due after more than one year: 0

AURIENS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

6. Creditors: amounts falling due within one year note

Amounts owed to group undertakings31 December 2017£Amount due to parent undertaking2,984,404Amounts due to other shareholders150,000Amounts due to other group companies276,715––––––––––3,411,119––––––––––The loan payable to the parent undertaking is unsecured, interest-free and repayable on demand.Creditors31 December 2017£Trade and other creditors109,032Taxation and social security114,579Accruals9,710––––––––––233,321––––––––––

AURIENS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

7. Loans to directors

K Mulville and J Sandelson are directors and shareholders. A total of £20 was receivable from them in respect of share capital.

AURIENS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

8. Related party transactions

Name of the related party: Leopard Brompton Opco Limited
Relationship:
Immediate parent company
Description of the Transaction: At the period end a loan of £2,984,404 was payable to the immediate parent company (Leopard Brompton Opco Limited)
£
Balance at 31 December 2017 2,984,404
Name of the related party: Leopard Brompton Opco Limited
Relationship:
Immediate parent company
Description of the Transaction: £180 was receivable in respect of share capital
£
Balance at 31 December 2017 180
Name of the related party: J Sandelson
Relationship:
Minority shareholder and director
Description of the Transaction: £75,000 was payable to the minority shareholder J Sandelson
£
Balance at 31 December 2017 75,000
Name of the related party: K Mulville
Relationship:
Minority shareholder and director
Description of the Transaction: £75,000 was payable to the minority shareholders K Mulville
£
Balance at 31 December 2017 75,000
Name of the related party: J Sandelson
Relationship:
Minority shareholder and director
Description of the Transaction: £10 was receivable from J Sandelson in respect of share capital.
£
Balance at 31 December 2017 10
Name of the related party: K Mulville
Relationship:
Minority shareholder and director
Description of the Transaction: £10 was receivable from K Mulville in respect of share capital.
£
Balance at 31 December 2017 10
Name of the related party: Belasko Administration Limited
Relationship:
Provider of administration services
Description of the Transaction: Belasko Administration Limited charged £6,950 in administrative fees during the period, none of which was outstanding at the period end. It is considered to be a related party due to Belasko Corporate Limited and Belasko Corporate 2 Limited, who were directors of Auriens Limited for part of the period, being 100% owned subsidiaries of Belasko Administration Limited.
£
Balance at 31 December 2017 6,950

AURIENS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

9. Post balance sheet events

Subsequent to the period end, the receivable of £500,000 relating to the subscription agreement entered into between the Company and Golden Era Club Limited was transferred at cost to Auriens Ventures Limited, a UK registered company.