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REGISTERED NUMBER: 09142162 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 July 2024

for

LiquidSonics Ltd

LiquidSonics Ltd (Registered number: 09142162)






Contents of the Financial Statements
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LiquidSonics Ltd

Company Information
for the year ended 31 July 2024







DIRECTOR: Mr M C Hill





REGISTERED OFFICE: Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU





REGISTERED NUMBER: 09142162 (England and Wales)





ACCOUNTANTS: Vortex Accountants Limited
Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU

LiquidSonics Ltd (Registered number: 09142162)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,003 6,393

CURRENT ASSETS
Debtors 5 30,112 45,264
Cash at bank 2,157,876 1,707,152
2,187,988 1,752,416
CREDITORS
Amounts falling due within one year 6 257,047 269,412
NET CURRENT ASSETS 1,930,941 1,483,004
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,938,944

1,489,397

PROVISIONS FOR LIABILITIES - 1,343
NET ASSETS 1,938,944 1,488,054

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,938,844 1,487,954
SHAREHOLDERS' FUNDS 1,938,944 1,488,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LiquidSonics Ltd (Registered number: 09142162)

Balance Sheet - continued
31 July 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 March 2025 and were signed by:





Mr M C Hill - Director


LiquidSonics Ltd (Registered number: 09142162)

Notes to the Financial Statements
for the year ended 31 July 2024

1. STATUTORY INFORMATION

LiquidSonics Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

LiquidSonics Ltd (Registered number: 09142162)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 August 2023 30,916 11,707 42,623
Additions - 9,815 9,815
At 31 July 2024 30,916 21,522 52,438
DEPRECIATION
At 1 August 2023 24,523 11,707 36,230
Charge for year 5,751 2,454 8,205
At 31 July 2024 30,274 14,161 44,435
NET BOOK VALUE
At 31 July 2024 642 7,361 8,003
At 31 July 2023 6,393 - 6,393

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 30,112 45,122
VAT - 142
30,112 45,264

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 363 103
Tax 244,313 262,926
Social security and other taxes 40 42
VAT 4,254 -
Credit card control 4,494 4,061
Directors' current accounts 548 280
Accrued expenses 3,035 2,000
257,047 269,412

LiquidSonics Ltd (Registered number: 09142162)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M C Hill.