Company Registration No. 08114204 (England and Wales)
Aquasoft Ltd
Unaudited accounts
for the year ended 30 June 2023
Aquasoft Ltd
Unaudited accounts
Contents
Aquasoft Ltd
Company Information
for the year ended 30 June 2023
Company Number
08114204 (England and Wales)
Registered Office
Initial Business Centre
Unit 7 Wilsons Park, Monsall Road
Manchester
Lancashire
M40 8WN
England
Aquasoft Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
56,609
69,602
Inventories
255,381
242,331
Cash at bank and in hand
25,900
17,067
Creditors: amounts falling due within one year
(177,325)
(155,386)
Net current assets
305,256
325,196
Total assets less current liabilities
361,865
394,798
Creditors: amounts falling due after more than one year
(267,123)
(342,224)
Called up share capital
1
1
Profit and loss account
94,741
52,573
Shareholders' funds
94,742
52,574
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 July 2023 and were signed on its behalf by
saif malik
Director
Company Registration No. 08114204
Aquasoft Ltd
Notes to the Accounts
for the year ended 30 June 2023
Aquasoft Ltd is a private company, limited by shares, registered in England and Wales, registration number 08114204. The registered office is Initial Business Centre, Unit 7 Wilsons Park, Monsall Road, Manchester, Lancashire, M40 8WN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Charge for the year
12,993
Amounts falling due within one year
Trade debtors
173,562
195,130
Other debtors
27,738
26,054
Aquasoft Ltd
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
35,392
45,103
Obligations under finance leases and hire purchase contracts
78,372
65,311
Trade creditors
63,561
41,322
Taxes and social security
-
3,650
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
189,566
275,130
Trade creditors
25,689
29,460
Other creditors
16,392
15,488
8
Average number of employees
During the year the average number of employees was 20 (2022: 20).