AQA LABS (INTERNATIONAL) LTD

Company Registration Number:
09695803 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

AQA LABS (INTERNATIONAL) LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

AQA LABS (INTERNATIONAL) LTD

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 1,103,794 495,421
Cost of sales: ( 997,443 ) ( 436,933 )
Gross profit(or loss): 106,351 58,488
Administrative expenses: ( 4,919 ) ( 7,405 )
Operating profit(or loss): 101,432 51,083
Profit(or loss) before tax: 101,432 51,083
Tax: ( 23,857 ) ( 9,706 )
Profit(or loss) for the financial year: 77,575 41,377

AQA LABS (INTERNATIONAL) LTD

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Stocks:   0 0
Debtors: 3 239,911 237,489
Cash at bank and in hand: 126,486 13,594
Total current assets: 366,397 251,083
Creditors: amounts falling due within one year: 4 ( 93,371 ) ( 55,632 )
Net current assets (liabilities): 273,026 195,451
Total assets less current liabilities: 273,026 195,451
Total net assets (liabilities): 273,026 195,451
Capital and reserves
Called up share capital: 12,500 12,500
Profit and loss account: 260,526 182,951
Total Shareholders' funds: 273,026 195,451

The notes form part of these financial statements

AQA LABS (INTERNATIONAL) LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 30 September 2024
and signed on behalf of the board by:

Name: Jaswinder Singh Jutla
Status: Director

The notes form part of these financial statements

AQA LABS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

    Valuation information and policy

    Stock and work in progress are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items.

AQA LABS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

AQA LABS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
£ £
Trade debtors 239,911 237,489
Total 239,911 237,489

AQA LABS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 69,514 45,926
Taxation and social security 23,857 9,706
Total 93,371 55,632