Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-3002022-07-01falsetrue0trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12013383 2022-07-01 2023-06-30 12013383 2021-07-01 2022-06-30 12013383 2023-06-30 12013383 2022-06-30 12013383 c:Director1 2022-07-01 2023-06-30 12013383 d:CurrentFinancialInstruments 2023-06-30 12013383 d:CurrentFinancialInstruments 2022-06-30 12013383 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12013383 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 12013383 d:ShareCapital 2023-06-30 12013383 d:ShareCapital 2022-06-30 12013383 d:SharePremium 2023-06-30 12013383 d:SharePremium 2022-06-30 12013383 d:RetainedEarningsAccumulatedLosses 2023-06-30 12013383 d:RetainedEarningsAccumulatedLosses 2022-06-30 12013383 c:OrdinaryShareClass1 2022-07-01 2023-06-30 12013383 c:OrdinaryShareClass1 2023-06-30 12013383 c:OrdinaryShareClass1 2022-06-30 12013383 c:FRS102 2022-07-01 2023-06-30 12013383 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 12013383 c:FullAccounts 2022-07-01 2023-06-30 12013383 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 12013383 6 2022-07-01 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12013383









AQUASOLVE HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
AQUASOLVE HOLDINGS LIMITED
REGISTERED NUMBER: 12013383

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

FIXED ASSETS
  

Investments
 4 
603,000
603,000

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
2,084
1,662

Cash at bank and in hand
  
5
380

  
2,089
2,042

Creditors: amounts falling due within one year
 6 
(1,925)
(1,750)

NET CURRENT ASSETS
  
 
 
164
 
 
292

  

NET ASSETS
  
603,164
603,292


CAPITAL AND RESERVES
  

Called up share capital 
 7 
500
500

Share premium account
  
299,500
299,500

Profit and loss account
  
303,164
303,292

  
603,164
603,292


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


Mr A J Upton
Director
Date: 1 February 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
AQUASOLVE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


GENERAL INFORMATION

Aquasolve Holdings Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is located at Salisbury House, Station Road, Cambridge, CB1 2LA and the trading address is Unit 5 Saffron Business Centre, Elizabeth Close, Saffron Walden, CB10 2NL.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2

 
AQUASOLVE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.8

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).


4.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£



COST OR VALUATION


At 1 July 2022
603,000



At 30 June 2023
603,000





5.


DEBTORS

2023
2022
£
£


Amounts owed by group undertakings
2,084
1,662



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Accruals and deferred income
1,925
1,750


Page 3

 
AQUASOLVE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

7.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



500 (2022 - 500) Ordinary shares of £1.00 each
500
500


 
Page 4