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Company Registration No. 10877691 (England and Wales)
Aquevo Limited Unaudited accounts for the year ended 30 April 2024
Aquevo Limited Unaudited accounts Contents
Page
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Aquevo Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,377 
1,377 
Tangible assets
509,334 
325,879 
510,711 
327,256 
Current assets
Inventories
53,000 
- 
Debtors
798,718 
597,430 
Cash at bank and in hand
77,811 
170,937 
929,529 
768,367 
Creditors: amounts falling due within one year
(235,386)
(172,940)
Net current assets
694,143 
595,427 
Total assets less current liabilities
1,204,854 
922,683 
Creditors: amounts falling due after more than one year
(487,640)
(299,919)
Net assets
717,214 
622,764 
Capital and reserves
Called up share capital
100 
1 
Profit and loss account
717,114 
622,763 
Shareholders' funds
717,214 
622,764 
For the year ending 30 April 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.
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 21 February 2025 and were signed on its behalf by
Mr C Grosberg Director Company Registration No. 10877691
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Aquevo Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Aquevo Limited is a private company, limited by shares, registered in England and Wales, registration number 10877691. The registered office is Rico House, George Street, Manchester, M25 9WS, United Kingdom.
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 year, 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:
Motor vehicles
10% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
1,377 
At 30 April 2024
1,377 
Amortisation
At 1 May 2023
- 
At 30 April 2024
- 
Net book value
At 30 April 2024
1,377 
At 30 April 2023
1,377 
- 4 -
Aquevo Limited Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
58,360 
406,079 
464,439 
Additions
21,886 
326,719 
348,605 
Disposals
- 
(186,493)
(186,493)
At 30 April 2024
80,246 
546,305 
626,551 
Depreciation
At 1 May 2023
36,503 
102,057 
138,560 
Charge for the year
11,672 
40,608 
52,280 
On disposals
- 
(73,623)
(73,623)
At 30 April 2024
48,175 
69,042 
117,217 
Net book value
At 30 April 2024
32,071 
477,263 
509,334 
At 30 April 2023
21,857 
304,022 
325,879 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
508,672 
359,875 
Accrued income and prepayments
1,000 
305 
Other debtors
289,046 
237,250 
798,718 
597,430 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
(410)
VAT
56,682 
39,079 
Obligations under finance leases and hire purchase contracts
13,838 
- 
Trade creditors
86,900 
60,315 
Taxes and social security
24,673 
68,079 
Other creditors
53,293 
4,981 
Loans from directors
- 
896 
235,386 
172,940 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
100,927 
131,378 
Obligations under finance leases and hire purchase contracts
389,083 
168,541 
Trade creditors
(2,370)
- 
487,640 
299,919 
- 5 -
Aquevo Limited Notes to the Accounts for the year ended 30 April 2024
9
Average number of employees
During the year the average number of employees was 16 (2023: 16).
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