Aquaticsoul Bathrooms Ltd
Registered number: SC373625
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 540 514
Creditors: amounts falling due within one year 3 (2,115) (8,504)
Net current liabilities (1,575) (7,990)
Total assets less current liabilities (1,575) (7,990)
Creditors: amounts falling due after more than one year 4 (13,544) (16,144)
Net liabilities (15,119) (24,134)
Capital and reserves
Called up share capital 100 100
Profit and loss account (15,219) (24,234)
Shareholders' funds (15,119) (24,134)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R.Elmquist
Director
Approved by the board on 22 November 2024
Aquaticsoul Bathrooms Ltd
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 2,115 4,504
Other creditors - 4,000
2,115 8,504
4 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 11,458 16,144
Other creditors 2,086 -
13,544 16,144
5 Other information
Aquaticsoul Bathrooms Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
North Lynn Cottage
Peterculter
Aberdeen
Aberdeenshire
AB14 0PD
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