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REGISTERED NUMBER: 04684969 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Aquarius Scaffolding Limited

Aquarius Scaffolding Limited (Registered number: 04684969)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aquarius Scaffolding Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: L S Gallagher
D Gallagher





REGISTERED OFFICE: 67 Westow Street
London
SE19 3RW





REGISTERED NUMBER: 04684969 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

Aquarius Scaffolding Limited (Registered number: 04684969)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 95,694 54,325

CURRENT ASSETS
Stocks 6,797 7,898
Debtors 6 136,213 115,881
Cash at bank 3,759 2,788
146,769 126,567
CREDITORS
Amounts falling due within one year 7 108,790 93,473
NET CURRENT ASSETS 37,979 33,094
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,673

87,419

CREDITORS
Amounts falling due after more than one
year

8

(53,033

)

(26,593

)

PROVISIONS FOR LIABILITIES (23,924 ) (10,122 )
NET ASSETS 56,716 50,704

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 56,616 50,604
SHAREHOLDERS' FUNDS 56,716 50,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Aquarius Scaffolding Limited (Registered number: 04684969)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by:





L S Gallagher - Director


Aquarius Scaffolding Limited (Registered number: 04684969)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Aquarius Scaffolding 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Income is recognised during the year when the company provides goods and services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on reducing balance
Motor vehicles - 25% on reducing balance and 5 years straight line
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Aquarius Scaffolding Limited (Registered number: 04684969)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 92,648 37,595 1,811 132,054
Additions 5,415 58,381 - 63,796
Disposals - (6,995 ) - (6,995 )
At 31 March 2024 98,063 88,981 1,811 188,855
DEPRECIATION
At 1 April 2023 58,419 17,678 1,632 77,729
Charge for year 3,698 15,979 45 19,722
Eliminated on disposal - (4,290 ) - (4,290 )
At 31 March 2024 62,117 29,367 1,677 93,161
NET BOOK VALUE
At 31 March 2024 35,946 59,614 134 95,694
At 31 March 2023 34,229 19,917 179 54,325

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Motor
vehicles
£   
COST
At 1 April 2023 12,950
Additions 58,381
At 31 March 2024 71,331
DEPRECIATION
At 1 April 2023 5,666
Charge for year 13,497
At 31 March 2024 19,163
NET BOOK VALUE
At 31 March 2024 52,168
At 31 March 2023 7,284

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 9,322 22,513
Amounts owed by group undertakings 117,558 83,359
Other debtors 9,333 10,009
136,213 115,881

Aquarius Scaffolding Limited (Registered number: 04684969)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 11,099 9,932
Hire purchase contracts and finance leases 8,767 3,383
Trade creditors - 2,500
Taxation and social security 7,280 8,633
Other creditors 81,644 69,025
108,790 93,473

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 13,005 23,274
Hire purchase contracts and finance leases 40,028 3,319
53,033 26,593

9. ULTIMATE CONTROLLING PARTY

The company is jointly controlled by the directors, Mr L S Gallagher and Mr D Gallagher.