Company Registration No. 08419526 (England and Wales)
Aquazero Limited
Unaudited accounts
for the year ended 31 December 2023
Aquazero Limited
Unaudited accounts
Contents
Aquazero Limited
Company Information
for the year ended 31 December 2023
Company Number
08419526 (England and Wales)
Registered Office
Acorn House
Church Lane, Croft
Skegness
Lincolnshire
PE24 4RN
Accountants
WatsonCo Chartered Accountants
Croft House Farm
Croft Marsh Lane
Croft
Lincolnshire
PE24 4AR
Aquazero Limited
Statement of financial position
as at 31 December 2023
Tangible assets
42,628
51,934
Cash at bank and in hand
144,769
141,914
Creditors: amounts falling due within one year
(138,168)
(103,753)
Net current assets
203,929
136,500
Net assets
246,557
188,434
Called up share capital
100
100
Profit and loss account
246,457
188,334
Shareholders' funds
246,557
188,434
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 9 January 2024 and were signed on its behalf by
N A Sanderson
Director
Company Registration No. 08419526
Aquazero Limited
Notes to the Accounts
for the year ended 31 December 2023
Aquazero Limited is a private company, limited by shares, registered in England and Wales, registration number 08419526. The registered office is Acorn House, Church Lane, Croft, Skegness, Lincolnshire, PE24 4RN.
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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.
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 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:
Plant & machinery
20% on reducing balance
Computer equipment
33% on cost
Inventories have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Tangible fixed assets
Total
At 31 December 2023
191,279
Charge for the year
10,506
At 31 December 2023
148,651
At 31 December 2023
42,628
At 31 December 2022
51,934
Aquazero Limited
Notes to the Accounts
for the year ended 31 December 2023
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Average number of employees
During the year the average number of employees was 1 (2022: 1).