Company Registration No. 10877691 (England and Wales)
Aquevo Limited
Unaudited accounts
for the year ended 30 April 2024
Aquevo Limited
Unaudited accounts
Contents
Aquevo Limited
Statement of financial position
as at 30 April 2024
Intangible assets
1,377
1,377
Tangible assets
509,334
325,879
Cash at bank and in hand
77,811
170,937
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
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
Aquevo Limited
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
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
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
At 30 April 2024
32,071
477,263
509,334
At 30 April 2023
21,857
304,022
325,879
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
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
(410)
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
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
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).