IRIS Accounts Production v23.1.0.753 09188375 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure091883752022-02-28091883752023-02-28091883752022-03-012023-02-28091883752021-02-28091883752021-03-012022-02-28091883752022-02-2809188375ns16:EnglandWales2022-03-012023-02-2809188375ns15:PoundSterling2022-03-012023-02-2809188375ns11:Director12022-03-012023-02-2809188375ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2809188375ns11:SmallEntities2022-03-012023-02-2809188375ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2809188375ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2809188375ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2809188375ns11:FullAccounts2022-03-012023-02-280918837512022-03-012023-02-2809188375ns11:Director22022-03-012023-02-2809188375ns11:Director32022-03-012023-02-2809188375ns11:Director42022-03-012023-02-2809188375ns11:RegisteredOffice2022-03-012023-02-2809188375ns6:CurrentFinancialInstruments2023-02-2809188375ns6:CurrentFinancialInstruments2022-02-2809188375ns6:ShareCapital2023-02-2809188375ns6:ShareCapital2022-02-2809188375ns6:SharePremium2023-02-2809188375ns6:SharePremium2022-02-2809188375ns6:RetainedEarningsAccumulatedLosses2023-02-2809188375ns6:RetainedEarningsAccumulatedLosses2022-02-2809188375ns6:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809188375ns6:PatentsTrademarksLicencesConcessionsSimilar2022-03-012023-02-2809188375ns6:IntangibleAssetsOtherThanGoodwill2022-02-2809188375ns6:IntangibleAssetsOtherThanGoodwill2023-02-2809188375ns6:IntangibleAssetsOtherThanGoodwill2022-02-2809188375ns6:Non-currentFinancialInstruments2023-02-2809188375ns6:Non-currentFinancialInstruments2022-02-28
REGISTERED NUMBER: 09188375 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Aquaffirm Limited

Aquaffirm Limited (Registered number: 09188375)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aquaffirm Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Professor G Aeppli
Professor A E G Cass
Dr D F Sarphie
Dr V Sanchania





REGISTERED OFFICE: 69 Onslow Road Onslow Road
Richmond
TW10 6QA





REGISTERED NUMBER: 09188375 (England and Wales)





ACCOUNTANTS: Sygma Chartered Accountants
1 Sopwith Crescent
Wickford
Essex
SS11 8YU

Aquaffirm Limited (Registered number: 09188375)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 1,297

CURRENT ASSETS
Debtors 5 635,067 603,616
Cash at bank and in hand 82 496
635,149 604,112
CREDITORS
Amounts falling due within one year 6 29,762 19,822
NET CURRENT ASSETS 605,387 584,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

605,387

585,587

CAPITAL AND RESERVES
Called up share capital 26 26
Share premium 673,494 648,494
Retained earnings (68,133 ) (62,933 )
605,387 585,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

Aquaffirm Limited (Registered number: 09188375)

Balance Sheet - continued
28 February 2023


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 Board of Directors and authorised for issue on 31 July 2023 and were signed on its behalf by:





Dr D F Sarphie - Director


Aquaffirm Limited (Registered number: 09188375)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Aquaffirm 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Aquaffirm Limited (Registered number: 09188375)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2022
and 28 February 2023 17,013
AMORTISATION
At 1 March 2022 15,716
Charge for year 1,297
At 28 February 2023 17,013
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 1,297

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Amounts owed by group undertakings 635,067 603,616

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 242 242
Other creditors 29,520 19,580
29,762 19,822