IRIS Accounts Production v22.2.0.402 06219745 director 1.5.21 31.3.22 31.3.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure062197452021-04-30062197452022-03-31062197452021-05-012022-03-31062197452020-04-30062197452020-05-012021-04-30062197452021-04-3006219745ns16:EnglandWales2021-05-012022-03-3106219745ns15:PoundSterling2021-05-012022-03-3106219745ns11:Director12021-05-012022-03-3106219745ns11:PrivateLimitedCompanyLtd2021-05-012022-03-3106219745ns11:SmallEntities2021-05-012022-03-3106219745ns11:AuditExempt-NoAccountantsReport2021-05-012022-03-3106219745ns11:SmallCompaniesRegimeForDirectorsReport2021-05-012022-03-3106219745ns11:SmallCompaniesRegimeForAccounts2021-05-012022-03-3106219745ns11:FullAccounts2021-05-012022-03-310621974512021-05-012022-03-3106219745ns11:CompanySecretary12021-05-012022-03-3106219745ns11:RegisteredOffice2021-05-012022-03-3106219745ns6:CurrentFinancialInstruments2022-03-3106219745ns6:CurrentFinancialInstruments2021-04-3006219745ns6:Non-currentFinancialInstruments2022-03-3106219745ns6:Non-currentFinancialInstruments2021-04-3006219745ns6:ShareCapital2022-03-3106219745ns6:ShareCapital2021-04-3006219745ns6:RetainedEarningsAccumulatedLosses2022-03-3106219745ns6:RetainedEarningsAccumulatedLosses2021-04-3006219745ns6:NetGoodwill2021-05-012022-03-3106219745ns6:IntangibleAssetsOtherThanGoodwill2021-05-012022-03-3106219745ns6:PlantMachinery2021-05-012022-03-3106219745ns6:FurnitureFittings2021-05-012022-03-3106219745ns6:MotorVehicles2021-05-012022-03-3106219745ns6:NetGoodwill2021-04-3006219745ns6:NetGoodwill2022-03-3106219745ns6:NetGoodwill2021-04-3006219745ns6:PlantMachinery2021-04-3006219745ns6:FurnitureFittings2021-04-3006219745ns6:MotorVehicles2021-04-3006219745ns6:PlantMachinery2022-03-3106219745ns6:FurnitureFittings2022-03-3106219745ns6:MotorVehicles2022-03-3106219745ns6:PlantMachinery2021-04-3006219745ns6:FurnitureFittings2021-04-3006219745ns6:MotorVehicles2021-04-3006219745ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-04-3006219745ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-05-012022-03-3106219745ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-03-3106219745ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-04-3006219745ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3106219745ns6:WithinOneYearns6:CurrentFinancialInstruments2021-04-30
REGISTERED NUMBER: 06219745 (England and Wales)








Unaudited Financial Statements

for the Period 1 May 2021 to 31 March 2022

for

AQUATONICS (UK) LIMITED

AQUATONICS (UK) LIMITED (REGISTERED NUMBER: 06219745)






Contents of the Financial Statements
FOR THE PERIOD 1 May 2021 to 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AQUATONICS (UK) LIMITED

Company Information
FOR THE PERIOD 1 May 2021 to 31 March 2022







DIRECTOR: K Pullen





SECRETARY: Mrs P Pullen





REGISTERED OFFICE: The Garden Suite
23 Westfield Park
Redland
Bristol
BS6 6LT





REGISTERED NUMBER: 06219745 (England and Wales)





ACCOUNTANTS: Mitchell Glanville (Bristol) Limited
The Garden Suite
23 Westfield Park
Redland
Bristol
BS6 6LT

AQUATONICS (UK) LIMITED (REGISTERED NUMBER: 06219745)

Balance Sheet
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 54,078 91,927
54,078 91,927

CURRENT ASSETS
Stocks 25,750 47,000
Debtors 6 420,180 952,647
Cash at bank 114,739 167,092
560,669 1,166,739
CREDITORS
Amounts falling due within one year 7 474,930 750,662
NET CURRENT ASSETS 85,739 416,077
TOTAL ASSETS LESS CURRENT
LIABILITIES

139,817

508,004

CREDITORS
Amounts falling due after more than one year 8 (128,663 ) (215,034 )

PROVISIONS FOR LIABILITIES (16,263 ) (16,263 )
NET (LIABILITIES)/ASSETS (5,109 ) 276,707

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (5,111 ) 276,705
SHAREHOLDERS' FUNDS (5,109 ) 276,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 17 August 2022 and were signed by:





K Pullen - Director


AQUATONICS (UK) LIMITED (REGISTERED NUMBER: 06219745)

Notes to the Financial Statements
FOR THE PERIOD 1 May 2021 to 31 March 2022

1. STATUTORY INFORMATION

Aquatonics (UK) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 33% on cost and 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

AQUATONICS (UK) LIMITED (REGISTERED NUMBER: 06219745)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 May 2021 to 31 March 2022

2. ACCOUNTING POLICIES - continued

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 period was 13 (2021 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2021
and 31 March 2022 118,000
AMORTISATION
At 1 May 2021
and 31 March 2022 118,000
NET BOOK VALUE
At 31 March 2022 -
At 30 April 2021 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2021 30,817 30,000 231,832 292,649
Disposals - - (78,721 ) (78,721 )
At 31 March 2022 30,817 30,000 153,111 213,928
DEPRECIATION
At 1 May 2021 29,353 23,558 147,811 200,722
Charge for period 366 1,611 16,049 18,026
Eliminated on disposal - - (58,898 ) (58,898 )
At 31 March 2022 29,719 25,169 104,962 159,850
NET BOOK VALUE
At 31 March 2022 1,098 4,831 48,149 54,078
At 30 April 2021 1,464 6,442 84,021 91,927

AQUATONICS (UK) LIMITED (REGISTERED NUMBER: 06219745)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 May 2021 to 31 March 2022

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Motor
vehicles
£   
COST
At 1 May 2021 185,249
Disposals (73,223 )
At 31 March 2022 112,026
DEPRECIATION
At 1 May 2021 120,494
Charge for period 11,668
Eliminated on disposal (55,140 )
At 31 March 2022 77,022
NET BOOK VALUE
At 31 March 2022 35,004
At 30 April 2021 64,755

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 327,282 839,823
Other debtors 92,898 112,824
420,180 952,647

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 32,000 -
Hire purchase contracts and finance leases 11,288 18,587
Trade creditors 384,039 713,281
Amounts owed to group undertakings 21,500 -
Taxation and social security 8,253 15,683
Other creditors 17,850 3,111
474,930 750,662

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 101,333 160,000
Hire purchase contracts and finance leases 27,330 55,034
128,663 215,034