IRIS Accounts Production v24.1.0.578 03488636 Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh034886362022-12-31034886362023-12-31034886362023-01-012023-12-31034886362021-12-31034886362022-01-012022-12-31034886362022-12-3103488636ns15:EnglandWales2023-01-012023-12-3103488636ns14:PoundSterling2023-01-012023-12-3103488636ns10:Director12023-01-012023-12-3103488636ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3103488636ns10:SmallEntities2023-01-012023-12-3103488636ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3103488636ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3103488636ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3103488636ns10:FullAccounts2023-01-012023-12-310348863612023-01-012023-12-3103488636ns10:OrdinaryShareClass12023-01-012023-12-3103488636ns10:Director22023-01-012023-12-3103488636ns10:RegisteredOffice2023-01-012023-12-3103488636ns5:CurrentFinancialInstruments2023-12-3103488636ns5:CurrentFinancialInstruments2022-12-3103488636ns5:ShareCapital2023-12-3103488636ns5:ShareCapital2022-12-3103488636ns5:RetainedEarningsAccumulatedLosses2023-12-3103488636ns5:RetainedEarningsAccumulatedLosses2022-12-3103488636ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3103488636ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-01-012023-12-3103488636ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-3103488636ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-12-3103488636ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-3103488636ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3103488636ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3103488636ns10:OrdinaryShareClass12023-12-31













Financial Statements

for the Year Ended 31 December 2023

for

Aqua Leisure International Limited

Aqua Leisure International Limited (Registered number: 03488636)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aqua Leisure International Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: K A Palmer
R T G Currie





REGISTERED OFFICE: Unit 8 & 9
Jayes Park Courtyard
Ockley
Dorking
Surrey
RH5 5RR





REGISTERED NUMBER: 03488636 (England and Wales)





ACCOUNTANTS: Williams & Co Epsom LLP
Chartered Accountants
8-10 South Street
Epsom
Surrey
KT18 7PF

Aqua Leisure International Limited (Registered number: 03488636)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 358,666 358,666
Cash at bank 18,723 18,723
377,389 377,389
CREDITORS
Amounts falling due within one year 6 7,063 7,063
NET CURRENT ASSETS 370,326 370,326
TOTAL ASSETS LESS CURRENT
LIABILITIES

370,326

370,326

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 370,226 370,226
SHAREHOLDERS' FUNDS 370,326 370,326

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.

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 25 September 2024 and were signed on its behalf by:





R T G Currie - Director


Aqua Leisure International Limited (Registered number: 03488636)

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


1. STATUTORY INFORMATION

Aqua Leisure International 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.

The accounts have been prepared on a going concern basis.

The Directors have prepared detailed forecasts and cashflow projections which they believe are based upon reasonable assumptions. These forecasts show that the Company should be able to operate within its current facilities for the foreseeable future and thus the Directors consider it appropriate to prepare the financial on a statements going concern basis.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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.

Research and development
Research expenditure is written off to the profit and loss account in the year in which it is incurred. Development expenditure is written off in the same year unless the directors are satisfied as to the technical, commercial and financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the period from which the company is expected to benefit.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

Aqua Leisure International Limited (Registered number: 03488636)

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


4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 January 2023
and 31 December 2023 40,879
AMORTISATION
At 1 January 2023
and 31 December 2023 40,879
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - retentions 58,666 58,666
Amounts owed by group undertakings 300,000 300,000
358,666 358,666

The directors loan was repaid in in full March 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,063 3,063
Accrued expenses 4,000 4,000
7,063 7,063

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is OSH Development Services Limited, a company wholly owned by R Currie and K Palmer.