1 November 2022 false No description of principal activity Taxfiler 2024.6 08748161business:PrivateLimitedCompanyLtd2022-11-012024-01-31 087481612022-10-31 087481612022-11-012024-01-31 08748161business:AuditExemptWithAccountantsReport2022-11-012024-01-31 08748161business:AbridgedAccounts2022-11-012024-01-31 087481612024-01-31 08748161business:Director12022-11-012024-01-31 08748161business:Director22022-11-012024-01-31 08748161business:RegisteredOffice2022-11-012024-01-31 087481612022-10-31 08748161core:WithinOneYear2024-01-31 08748161core:WithinOneYear2022-10-31 08748161core:AfterOneYear2024-01-31 08748161core:AfterOneYear2022-10-31 08748161core:SharePremiumcore:PreviouslyStatedAmount2024-01-31 08748161core:SharePremiumcore:PreviouslyStatedAmount2022-10-31 08748161core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 08748161core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 08748161core:PreviouslyStatedAmount2024-01-31 08748161core:PreviouslyStatedAmount2022-10-31 08748161business:SmallEntities2022-11-012024-01-31 08748161countries:EnglandWales2022-11-012024-01-31 08748161core:PlantMachinery2022-11-012024-01-31 08748161core:FurnitureFittings2022-11-012024-01-31 08748161core:ComputerEquipment2022-11-012024-01-31 08748161core:AcceleratedTaxDepreciationDeferredTax2024-01-31 08748161core:AcceleratedTaxDepreciationDeferredTax2022-10-31 087481612021-10-30 087481612021-10-312022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 08748161 (England and Wales)
AEGLESBURGH WATERMEAD LIMITED Unaudited accounts for the period from 1 November 2022 to 31 January 2024
AEGLESBURGH WATERMEAD LIMITED Unaudited accounts Contents
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AEGLESBURGH WATERMEAD LIMITED Company Information for the period from 1 November 2022 to 31 January 2024
Directors
Nhautcharee Poonsinsuwan Kelvin Wong Wei Boon
Company Number
08748161 (England and Wales)
Registered Office
10 LAKESIDE AYLESBURY HP19 0FX
Accountants
Everything Figures Ltd 155 Armstrongs Fields Broughton Aylesbury Buckinghamshire HP22 7BX
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AEGLESBURGH WATERMEAD LIMITED Statement of financial position as at 31 January 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,552 
8,625 
Current assets
Inventories
2,009 
7,329 
Debtors
333,670 
288,680 
Cash at bank and in hand
56,293 
256,253 
391,972 
552,262 
Creditors: amounts falling due within one year
(202,442)
(405,577)
Net current assets
189,530 
146,685 
Total assets less current liabilities
192,082 
155,310 
Creditors: amounts falling due after more than one year
(36,874)
(42,754)
Provisions for liabilities
Deferred tax
(485)
(1,639)
Net assets
154,723 
110,917 
Capital and reserves
Share premium
200 
200 
Profit and loss account
154,523 
110,717 
Shareholders' funds
154,723 
110,917 
For the period ending 31 January 2024 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 directors acknowledge their 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 period 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 of Directors and authorised for issue on 15 February 2024 and were signed on its behalf by
Kelvin Wong Wei Boon Director Company Registration No. 08748161
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AEGLESBURGH WATERMEAD LIMITED Notes to the Accounts for the period from 1 November 2022 to 31 January 2024
1
Statutory information
AEGLESBURGH WATERMEAD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08748161. The registered office is 10 LAKESIDE, AYLESBURY, HP19 0FX.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
25% SL
Fixtures & fittings
25% SL
Computer equipment
25% SL
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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AEGLESBURGH WATERMEAD LIMITED Notes to the Accounts for the period from 1 November 2022 to 31 January 2024
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2022
180,877 
Additions
3,400 
At 31 January 2024
184,277 
Depreciation
At 1 November 2022
172,252 
Charge for the period
9,473 
At 31 January 2024
181,725 
Net book value
At 31 January 2024
2,552 
At 31 October 2022
8,625 
5
Deferred taxation
2024 
2022 
£ 
£ 
Accelerated capital allowances
485 
1,639 
2024 
2022 
£ 
£ 
Provision at start of period
1,639 
872 
(Credited)/charged to the profit and loss account
(1,154)
767 
Provision at end of period
485 
1,639 
6
Operating lease commitments
2024 
2022 
£ 
£ 
At 31 January 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
9,434 
9,434 
7
Transactions with related parties
During the financial period £7,090 (2022 £0) was transferred from Aeglesburgh Watermead Ltd to Noble Restaurant Ltd. The balance owed to Aeglesburgh Watermead Ltd at 31st January 2024 was £107,390 (2022 £100,300). During the financial period £18,416 (2022 £0) was transferred from Aeglesburgh Watermead Ltd to Aylesbury Pub Co Ltd. The balance owed to Aeglesburgh Watermead Ltd at 31st January 2024 was £22,706 (2022 £4,289).
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AEGLESBURGH WATERMEAD LIMITED Notes to the Accounts for the period from 1 November 2022 to 31 January 2024
8
Average number of employees
During the period the average number of employees was 4 (2022: 14).
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