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REGISTERED NUMBER: 01339418 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Aqua Music Limited

Aqua Music Limited (Registered number: 01339418)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aqua Music Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: L S Charles





SECRETARY: Mrs J A Charles





REGISTERED OFFICE: Afe Accountants Limited, Building 3
North London Business Park
Oakleigh Road South
London
N11 1GN





REGISTERED NUMBER: 01339418 (England and Wales)





ACCOUNTANTS: AFE Accountants Limited
North London Business Park
Oakleigh Road South
New Southgate
London
N11 1GN

Aqua Music Limited (Registered number: 01339418)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,219 5,868

CURRENT ASSETS
Debtors 5 118,880 52,597
Investments 6 101 101
Cash at bank and in hand 147,099 234,136
266,080 286,834
CREDITORS
Amounts falling due within one year 7 164,307 221,355
NET CURRENT ASSETS 101,773 65,479
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,992

71,347

PROVISIONS FOR LIABILITIES 1,132 1,132
NET ASSETS 106,860 70,215

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 106,858 70,213
106,860 70,215

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.

Aqua Music Limited (Registered number: 01339418)

Balance Sheet - continued
31 July 2023


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 16 April 2024 and were signed by:





L S Charles - Director


Aqua Music Limited (Registered number: 01339418)

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

1. STATUTORY INFORMATION

Aqua Music Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 1 ) .

Aqua Music Limited (Registered number: 01339418)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 15,984
Additions 1,448
At 31 July 2023 17,432
DEPRECIATION
At 1 August 2022 10,116
Charge for year 1,097
At 31 July 2023 11,213
NET BOOK VALUE
At 31 July 2023 6,219
At 31 July 2022 5,868

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 40,151 45,030
Amounts owed by group undertakings 52,808 3,567
Other debtors 25,921 4,000
118,880 52,597

6. CURRENT ASSET INVESTMENTS
31.7.23 31.7.22
£    £   
Shares in group undertakings 101 101

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 12,473 10,144
Taxation and social security 31,562 61,917
Other creditors 120,272 149,294
164,307 221,355