AQUAA PARTNERS LIMITED

Company Registration Number:
07245655 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

AQUAA PARTNERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

AQUAA PARTNERS LIMITED

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Directors

The director shown below has held office during the whole of the period from
1 January 2022 to 31 December 2022

Paul Cuatrecasas


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 May 2023

And signed on behalf of the board by:
Name: Paul Cuatrecasas
Status: Director

AQUAA PARTNERS LIMITED

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 891,294 807,217
Cost of sales: ( 6,844 ) ( 35,540 )
Gross profit(or loss): 884,450 771,677
Administrative expenses: ( 815,829 ) ( 737,671 )
Other operating income: 10,021
Operating profit(or loss): 68,621 44,027
Interest payable and similar charges: ( 63,031 ) ( 40,110 )
Profit(or loss) before tax: 5,590 3,917
Tax: ( 2,649 )
Profit(or loss) for the financial year: 5,590 1,268

AQUAA PARTNERS LIMITED

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 93,679 24,005
Total fixed assets: 93,679 24,005
Current assets
Stocks: 4 1,089,000 533,880
Debtors: 5 9,351 75,878
Cash at bank and in hand: 38 9,132
Total current assets: 1,098,389 618,890
Creditors: amounts falling due within one year: 6 ( 931,002 ) ( 582,890 )
Net current assets (liabilities): 167,387 36,000
Total assets less current liabilities: 261,066 60,005
Creditors: amounts falling due after more than one year: 7 ( 167,137 ) ( 36,666 )
Total net assets (liabilities): 93,929 23,339
Capital and reserves
Called up share capital: 75,000 10,000
Profit and loss account: 18,929 13,339
Total Shareholders' funds: 93,929 23,339

The notes form part of these financial statements

AQUAA PARTNERS LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 20 May 2023
and signed on behalf of the board by:

Name: Paul Cuatrecasas
Status: Director

The notes form part of these financial statements

AQUAA PARTNERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets and depreciationTangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates inorder to write off the assets over their estimated useful lives:Motor vehicles 20% on costFixtures & fittings 33% on costComputer equipment 33% on cost

    Other accounting policies

    Basis of preparation - The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currencyThe accounts are presented in £ sterling.

AQUAA PARTNERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 4 6

AQUAA PARTNERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 34,981 18,879 0 53,860
Additions 77 3,447 85,107 88,631
Disposals
Revaluations
Transfers
At 31 December 2022 35,058 22,326 85,107 142,491
Depreciation
At 1 January 2022 18,725 11,130 0 29,855
Charge for year 11,365 4,755 2,837 18,957
On disposals
Other adjustments
At 31 December 2022 30,090 15,885 2,837 48,812
Net book value
At 31 December 2022 4,968 6,441 82,270 93,679
At 31 December 2021 16,256 7,749 0 24,005

AQUAA PARTNERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Stocks

2022 2021
£ £
Stocks 1,089,000 533,880
Total 1,089,000 533,880

AQUAA PARTNERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

2022 2021
£ £
Trade debtors 1,036 27,163
Prepayments and accrued income 6,229 11,874
Other debtors 2,086 36,841
Total 9,351 75,878
Debtors due after more than one year: 0 0

AQUAA PARTNERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 19,260 71,971
Trade creditors 55,166 50,771
Taxation and social security 349,602 220,328
Accruals and deferred income 0 4,000
Other creditors 506,974 235,820
Total 931,002 582,890

AQUAA PARTNERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Bank loans and overdrafts 100,000 36,666
Amounts due under finance leases and hire purchase contracts 67,137
Total 167,137 36,666