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REGISTERED NUMBER: 03392882 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

AQUADITION LIMITED

AQUADITION LIMITED (REGISTERED NUMBER: 03392882)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AQUADITION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr J Spry
Mrs J Bawn





SECRETARY: Mrs J Bawn





REGISTERED OFFICE: Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS





REGISTERED NUMBER: 03392882 (England and Wales)





ACCOUNTANTS: Casson Beckman
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

AQUADITION LIMITED (REGISTERED NUMBER: 03392882)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,973 20,174

CURRENT ASSETS
Stocks 11,250 14,764
Debtors 5 94,309 63,276
Cash at bank and in hand 176,514 168,461
282,073 246,501
CREDITORS
Amounts falling due within one year 6 91,478 72,799
NET CURRENT ASSETS 190,595 173,702
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,568

193,876

PROVISIONS FOR LIABILITIES 3,244 3,553
NET ASSETS 200,324 190,323

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 200,222 190,221
SHAREHOLDERS' FUNDS 200,324 190,323

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AQUADITION LIMITED (REGISTERED NUMBER: 03392882)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2024 and were signed on its behalf by:




Mr J Spry - Director



Mrs J Bawn - Director


AQUADITION LIMITED (REGISTERED NUMBER: 03392882)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Aquadition 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents amounts receivable in respect of the supply of commercial and domestic water treatment systems net of vat and discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 33% on cost and 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stock and work in progress
Stock is valued at cost.

Work in progress is valued at cost plus an element of profit.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

AQUADITION LIMITED (REGISTERED NUMBER: 03392882)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2023 5,585 6,326 30,285 95,817 138,013
Disposals - - - (14,994 ) (14,994 )
At 31 December 2023 5,585 6,326 30,285 80,823 123,019
DEPRECIATION
At 1 January 2023 5,585 5,660 26,844 79,750 117,839
Charge for year - 171 2,167 3,738 6,076
Eliminated on disposal - - - (13,869 ) (13,869 )
At 31 December 2023 5,585 5,831 29,011 69,619 110,046
NET BOOK VALUE
At 31 December 2023 - 495 1,274 11,204 12,973
At 31 December 2022 - 666 3,441 16,067 20,174

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 76,719 43,603
Other debtors 17,590 19,673
94,309 63,276

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 27,741 31,190
Taxation and social security 57,871 37,877
Other creditors 5,866 3,732
91,478 72,799