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REGISTERED NUMBER: 05238590 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2022

for

Aquafix Heating & Plumbing Limited

Aquafix Heating & Plumbing Limited (Registered number: 05238590)






Contents of the Financial Statements
for the Year Ended 30 September 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aquafix Heating & Plumbing Limited

Company Information
for the Year Ended 30 September 2022







DIRECTOR: D Hope





REGISTERED OFFICE: 51 The Stream
Ditton
Aylesford
Kent
ME20 6AG





REGISTERED NUMBER: 05238590 (England and Wales)





ACCOUNTANTS: Zenon Tax Limited
51 The Stream
Ditton
Aylesford
Kent
ME20 6AG

Aquafix Heating & Plumbing Limited (Registered number: 05238590)

Balance Sheet
30 September 2022

30.9.22 30.9.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 22,504 31,215
22,504 31,215

CURRENT ASSETS
Stocks 3,250 3,250
Debtors 6 87,021 108,238
Cash at bank 188,490 108,084
278,761 219,572
CREDITORS
Amounts falling due within one year 7 105,135 75,322
NET CURRENT ASSETS 173,626 144,250
TOTAL ASSETS LESS CURRENT LIABILITIES 196,130 175,465

PROVISIONS FOR LIABILITIES 4,276 5,931
NET ASSETS 191,854 169,534

CAPITAL AND RESERVES
Called up share capital 13 13
Retained earnings 191,841 169,521
191,854 169,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2023 and were signed by:





D Hope - Director


Aquafix Heating & Plumbing Limited (Registered number: 05238590)

Notes to the Financial Statements
for the Year Ended 30 September 2022

1. STATUTORY INFORMATION

Aquafix Heating & Plumbing 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 2004, is being amortised evenly over its estimated useful life of ten 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.
Plant and machinery etc - 25% on cost

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 year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 4 (2021 - 4 ) .

Aquafix Heating & Plumbing Limited (Registered number: 05238590)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2021
and 30 September 2022 10,000
AMORTISATION
At 1 October 2021
and 30 September 2022 10,000
NET BOOK VALUE
At 30 September 2022 -
At 30 September 2021 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2021
and 30 September 2022 34,845
DEPRECIATION
At 1 October 2021 3,630
Charge for year 8,711
At 30 September 2022 12,341
NET BOOK VALUE
At 30 September 2022 22,504
At 30 September 2021 31,215

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Trade debtors 43,117 75,558
Other debtors 43,904 32,680
87,021 108,238

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Trade creditors 15,050 11,029
Taxation and social security 41,743 20,885
Other creditors 48,342 43,408
105,135 75,322

8. ULTIMATE CONTROLLING PARTY

The controlling party is D Hope.

The ultimate controlling party is D Hope.

Aquafix Heating & Plumbing Limited (Registered number: 05238590)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

9. RESTATEMENT UNDER FRS102 1A

The comparatives as at 30 September 2021 have been restated under transition from accounting under FRS105 (micro accounting) to accounting under FRS102 A.