Aquaticsoul Bathrooms Ltd
Registered number: SC373625
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 514 19
Creditors: amounts falling due within one year 4 (8,504) -
Net current (liabilities)/assets (7,990) 19
Total assets less current liabilities (7,990) 19
Creditors: amounts falling due after more than one year 5 (16,144) (20,438)
Net liabilities (24,134) (20,419)
Capital and reserves
Called up share capital 100 100
Profit and loss account (24,234) (20,519)
Shareholders' funds (24,134) (20,419)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R.Elmquist
Director
Approved by the board on 22 November 2023
Aquaticsoul Bathrooms Ltd
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2022 22,840
At 28 February 2023 22,840
Depreciation
At 1 March 2022 22,840
At 28 February 2023 22,840
Net book value
At 28 February 2023 -
[For revalued assets, state the years in which the assets were valued and their values. For assets revalued during the reporting period, state the names of the persons who revalued them or particulars of their qualifications for doing so and the bases of valuation used by them.]
4 Creditors: amounts falling due within one year 2023 2022
£ £
Corporation tax 4,504 -
Other creditors 4,000 -
8,504 -
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 16,144 20,438
6 Other information
Aquaticsoul Bathrooms Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
North Lynn Cottage
Peterculter
Aberdeen
Aberdeenshire
AB14 0PD
Aquaticsoul Bathrooms Ltd SC373625 false 2022-03-01 2023-02-28 2023-02-28 VT Final Accounts April 2022 R.Elmquist No description of principal activity SC373625 2021-03-01 2022-02-28 SC373625 core:WithinOneYear 2022-02-28 SC373625 core:AfterOneYear 2022-02-28 SC373625 core:ShareCapital 2022-02-28 SC373625 core:RetainedEarningsAccumulatedLosses 2022-02-28 SC373625 2022-03-01 2023-02-28 SC373625 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 SC373625 bus:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 SC373625 bus:Director40 2022-03-01 2023-02-28 SC373625 countries:England 2022-03-01 2023-02-28 SC373625 bus:FRS102 2022-03-01 2023-02-28 SC373625 bus:FullAccounts 2022-03-01 2023-02-28 SC373625 2023-02-28 SC373625 core:WithinOneYear 2023-02-28 SC373625 core:AfterOneYear 2023-02-28 SC373625 core:ShareCapital 2023-02-28 SC373625 core:RetainedEarningsAccumulatedLosses 2023-02-28 SC373625 core:PlantMachinery 2023-02-28 SC373625 2022-02-28 SC373625 core:PlantMachinery 2022-02-28 iso4217:GBP xbrli:pure