IRIS Accounts Production v23.3.0.418 05799457 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057994572022-09-30057994572023-09-30057994572022-10-012023-09-30057994572021-09-30057994572021-10-012022-09-30057994572022-09-3005799457ns10:Originalns15:EnglandWales2022-10-012023-09-3005799457ns14:PoundSterlingns10:Original2022-10-012023-09-3005799457ns10:Originalns10:Director12022-10-012023-09-3005799457ns10:Original2022-10-012023-09-3005799457ns10:Original2023-09-3005799457ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3005799457ns10:Originalns10:SmallEntities2022-10-012023-09-3005799457ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3005799457ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3005799457ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3005799457ns10:Originalns10:FullAccounts2022-10-012023-09-3005799457ns10:Originalns10:Director22022-10-012023-09-3005799457ns10:CompanySecretary1ns10:Original2022-10-012023-09-3005799457ns10:Originalns10:RegisteredOffice2022-10-012023-09-3005799457ns10:Original2022-09-3005799457ns10:Originalns5:CurrentFinancialInstruments2023-09-3005799457ns10:Originalns5:CurrentFinancialInstruments2022-09-3005799457ns5:ShareCapitalns10:Original2023-09-3005799457ns5:ShareCapitalns10:Original2022-09-3005799457ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3005799457ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3005799457ns10:Originalns5:FurnitureFittings2022-10-012023-09-3005799457ns10:Originalns5:ComputerEquipment2022-10-012023-09-3005799457ns10:Original2021-10-012022-09-3005799457ns10:Originalns5:FurnitureFittings2022-09-3005799457ns10:Originalns5:MotorVehicles2022-09-3005799457ns10:Originalns5:ComputerEquipment2022-09-3005799457ns10:Original2022-09-3005799457ns10:Originalns5:MotorVehicles2022-10-012023-09-3005799457ns10:Originalns5:FurnitureFittings2023-09-3005799457ns10:Originalns5:MotorVehicles2023-09-3005799457ns10:Originalns5:ComputerEquipment2023-09-3005799457ns10:Originalns5:FurnitureFittings2022-09-3005799457ns10:Originalns5:MotorVehicles2022-09-3005799457ns10:Originalns5:ComputerEquipment2022-09-3005799457ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3005799457ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: 05799457 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

AQ TECHNOLOGY LIMITED

AQ TECHNOLOGY LIMITED (REGISTERED NUMBER: 05799457)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AQ TECHNOLOGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2023







DIRECTORS: Mr M J Wersall
Mrs A M Wersall





SECRETARY: Mrs A M Wersall





REGISTERED OFFICE: 128 City Road
London
EC1V 2NX





REGISTERED NUMBER: 05799457 (England and Wales)





ACCOUNTANTS: Sanders Swinbank Limited
Chartered Accountants and Business Advisers
North Point
Faverdale North
Darlington
Co. Durham
DL3 0PH

AQ TECHNOLOGY LIMITED (REGISTERED NUMBER: 05799457)

BALANCE SHEET
30TH SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,888 63,760

CURRENT ASSETS
Debtors 5 609 3,706
Cash at bank 1,346,145 442,348
1,346,754 446,054
CREDITORS
Amounts falling due within one year 6 317,103 70,939
NET CURRENT ASSETS 1,029,651 375,115
TOTAL ASSETS LESS CURRENT LIABILITIES 1,108,539 438,875

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,107,539 437,875
SHAREHOLDERS' FUNDS 1,108,539 438,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

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 6th November 2023 and were signed on its behalf by:





Mr M J Wersall - Director


AQ TECHNOLOGY LIMITED (REGISTERED NUMBER: 05799457)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1. STATUTORY INFORMATION

AQ Technology 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 50% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 2 (2022 - 2 ) .

AQ TECHNOLOGY LIMITED (REGISTERED NUMBER: 05799457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st October 2022 4,372 79,960 3,254 87,586
Additions - 56,890 2,756 59,646
Disposals - (48,990 ) - (48,990 )
At 30th September 2023 4,372 87,860 6,010 98,242
DEPRECIATION
At 1st October 2022 4,372 16,268 3,186 23,826
Charge for year - 11,838 1,040 12,878
Eliminated on disposal - (17,350 ) - (17,350 )
At 30th September 2023 4,372 10,756 4,226 19,354
NET BOOK VALUE
At 30th September 2023 - 77,104 1,784 78,888
At 30th September 2022 - 63,692 68 63,760

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 609 3,706

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,320 -
Taxation and social security 298,438 66,992
Other creditors 17,345 3,947
317,103 70,939

7. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr & Mrs Wersall who own all of the issued shares in the company.