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Company Registration No. 08881512 (England and Wales)
Active Water Treatment Specialists Ltd Unaudited accounts for the year ended 28 February 2023
Active Water Treatment Specialists Ltd Unaudited accounts Contents
Page
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Active Water Treatment Specialists Ltd Company Information for the year ended 28 February 2023
Director
Mr Sonny Lineham
Company Number
08881512 (England and Wales)
Registered Office
134 William Street Grays Essex RM17 6DZ
Accountants
Davies & Co Unit C Prout Industrial Estate Point Road Canvey Island Essex SS8 7TJ
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Active Water Treatment Specialists Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
6,793 
Current assets
Debtors
- 
131 
Cash at bank and in hand
16,532 
23,103 
16,532 
23,234 
Creditors: amounts falling due within one year
(16,765)
(21,140)
Net current (liabilities)/assets
(233)
2,094 
Total assets less current liabilities
(233)
8,887 
Provisions for liabilities
Deferred tax
- 
(1,290)
Net (liabilities)/assets
(233)
7,597 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(234)
7,596 
Shareholders' funds
(233)
7,597 
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 November 2023 and were signed on its behalf by
Mr Sonny Lineham Director Company Registration No. 08881512
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Active Water Treatment Specialists Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Active Water Treatment Specialists Ltd is a private company, limited by shares, registered in England and Wales, registration number 08881512. The registered office is 134 William Street, Grays, Essex, RM17 6DZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Active Water Treatment Specialists Ltd Notes to the Accounts for the year ended 28 February 2023
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 rares and laws that have been enacted or substantively enacted by the balance sheet date.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2022
19,969 
Disposals
(19,969)
At 28 February 2023
- 
Depreciation
At 1 March 2022
13,176 
On disposals
(13,176)
At 28 February 2023
- 
Net book value
At 28 February 2023
- 
At 28 February 2022
6,793 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
131 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
1,715 
Loans from directors
16,765 
17,625 
Accruals
- 
1,800 
16,765 
21,140 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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