Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 December 2023 31 December 2023 13246216 Luisa Bonello Mr Stewart Newbigging Wilkinson Karen Marshall MORTON FRASER SECRETARIES LIMITED iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13246216 2023-03-31 13246216 2023-12-31 13246216 2023-04-01 2023-12-31 13246216 frs-core:CurrentFinancialInstruments 2023-12-31 13246216 frs-core:Non-currentFinancialInstruments 2023-12-31 13246216 frs-core:ComputerEquipment 2023-12-31 13246216 frs-core:ComputerEquipment 2023-04-01 2023-12-31 13246216 frs-core:ComputerEquipment 2023-03-31 13246216 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2023-12-31 13246216 frs-core:FurnitureFittings 2023-12-31 13246216 frs-core:FurnitureFittings 2023-04-01 2023-12-31 13246216 frs-core:FurnitureFittings 2023-03-31 13246216 frs-core:MotorVehicles 2023-12-31 13246216 frs-core:MotorVehicles 2023-04-01 2023-12-31 13246216 frs-core:MotorVehicles 2023-03-31 13246216 frs-core:OtherResidualIntangibleAssets 2023-12-31 13246216 frs-core:OtherResidualIntangibleAssets 2023-04-01 2023-12-31 13246216 frs-core:OtherResidualIntangibleAssets 2023-03-31 13246216 frs-core:PlantMachinery 2023-12-31 13246216 frs-core:PlantMachinery 2023-04-01 2023-12-31 13246216 frs-core:PlantMachinery 2023-03-31 13246216 frs-core:SharePremium 2023-12-31 13246216 frs-core:ShareCapital 2023-12-31 13246216 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13246216 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2023-12-31 13246216 frs-bus:FilletedAccounts 2023-04-01 2023-12-31 13246216 frs-bus:SmallEntities 2023-04-01 2023-12-31 13246216 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2023-12-31 13246216 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2023-12-31 13246216 frs-bus:Director1 2023-04-01 2023-12-31 13246216 frs-bus:Director2 2023-04-01 2023-12-31 13246216 frs-bus:Director3 2023-04-01 2023-12-31 13246216 frs-bus:CompanySecretary1 2023-04-01 2023-12-31 13246216 frs-countries:EnglandWales 2023-04-01 2023-12-31 13246216 2022-03-31 13246216 2023-03-31 13246216 2022-04-01 2023-03-31 13246216 frs-core:CurrentFinancialInstruments 2023-03-31 13246216 frs-core:Non-currentFinancialInstruments 2023-03-31 13246216 frs-core:SharePremium 2023-03-31 13246216 frs-core:ShareCapital 2023-03-31 13246216 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13246216
Aqua Superpower Limited
Unaudited Financial Statements
For the Period 1 April 2023 to 31 December 2023
Thriveworks Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13246216
31 December 2023 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 58,135 63,786
Tangible Assets 5 1,272,562 687,907
1,330,697 751,693
CURRENT ASSETS
Stocks 6 2,105,237 1,665,131
Debtors 7 1,434,776 848,719
Cash at bank and in hand 80,544 445,956
3,620,557 2,959,806
Creditors: Amounts Falling Due Within One Year 8 (912,205 ) (686,212 )
NET CURRENT ASSETS (LIABILITIES) 2,708,352 2,273,594
TOTAL ASSETS LESS CURRENT LIABILITIES 4,039,049 3,025,287
Creditors: Amounts Falling Due After More Than One Year 9 (4,574,737 ) (1,313,727 )
NET (LIABILITIES)/ASSETS (535,688 ) 1,711,560
CAPITAL AND RESERVES
Called up share capital 10 1,885 1,885
Share premium account 4,984,563 4,984,563
Profit and Loss Account (5,522,136 ) (3,274,888 )
SHAREHOLDERS' FUNDS (535,688) 1,711,560
Page 1
Page 2
For the period ending 31 December 2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Karen Marshall
Director
17/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Aqua Superpower Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13246216 . The registered office is Highland House, Mayflower Close, Chandlers Ford, Eastleigh, Hampshire, SO53 4AR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10 years
Motor Vehicles 15 years
Fixtures & Fittings 3 years
Computer Equipment 3 years
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 12 (2023: 13)
12 13
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 75,342
As at 31 December 2023 75,342
Amortisation
As at 1 April 2023 11,556
Provided during the period 5,651
As at 31 December 2023 17,207
Net Book Value
As at 31 December 2023 58,135
As at 1 April 2023 63,786
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 743,859 - 4,362 23,468 771,689
Additions 678,297 18,185 11,413 3,425 711,320
As at 31 December 2023 1,422,156 18,185 15,775 26,893 1,483,009
Depreciation
As at 1 April 2023 75,404 - 962 7,416 83,782
Provided during the period 118,844 404 901 6,516 126,665
As at 31 December 2023 194,248 404 1,863 13,932 210,447
Net Book Value
As at 31 December 2023 1,227,908 17,781 13,912 12,961 1,272,562
As at 1 April 2023 668,455 - 3,400 16,052 687,907
6. Stocks
31 December 2023 31 March 2023
£ £
Stock 2,105,237 1,665,131
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7. Debtors
31 December 2023 31 March 2023
£ £
Due within one year
Trade debtors 171,648 92,059
Prepayments and accrued income 28,179 605,720
Other debtors 28,417 43,701
VAT - 98,624
Amounts owed by group undertakings 1,206,532 8,615
1,434,776 848,719
8. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 March 2023
£ £
Trade creditors 248,663 516,076
Other taxes and social security 42,751 33,982
VAT 1,119 -
Other creditors 449,839 4,701
Accruals and deferred income 8,100 -
Directors' loan accounts 161,733 131,453
912,205 686,212
9. Creditors: Amounts Falling Due After More Than One Year
31 December 2023 31 March 2023
£ £
Shareholder loan 4,574,737 1,313,727
10. Share Capital
31 December 2023 31 March 2023
£ £
Allotted, Called up and fully paid 1,885 1,885
Page 5