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REGISTERED NUMBER: 13488007 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Acqual Ltd

Acqual Ltd (Registered number: 13488007)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Acqual Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr A Chirila





REGISTERED OFFICE: 140 Burges Road
London
E6 2BN





REGISTERED NUMBER: 13488007 (England and Wales)





ACCOUNTANTS: E Johnson & Associates
Chartered Certified Accountants
637 Green Lanes
London
N8 0RE

Acqual Ltd (Registered number: 13488007)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £   
CURRENT ASSETS
Debtors 4 25,501 94,580
Cash at bank 105,553 27,031
131,054 121,611
CREDITORS
Amounts falling due within one
year

5

32,369

82,087
NET CURRENT ASSETS 98,685 39,524
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,685

39,524

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 98,585 39,424
SHAREHOLDERS' FUNDS 98,685 39,524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 5 April 2024 and were signed by:





Mr A Chirila - Director


Acqual Ltd (Registered number: 13488007)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Acqual Ltd 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 11,141 94,413
Other debtors 14,360 167
25,501 94,580

Acqual Ltd (Registered number: 13488007)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 1,798 8,406
Taxation and social security 29,963 53,817
Other creditors 608 19,864
32,369 82,087

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary £1 100 100

7. RESERVES
Retained
earnings
£   

At 1 August 2022 39,424
Profit for the year 90,161
Dividends (31,000 )
At 31 July 2023 98,585

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £31,000 (2022 - £36,000) were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Chirila.

By virtue of being the sole director of the company and controls 100% of the ordinary share capital of the company.