IRIS Accounts Production v24.1.4.33 14195892 director 1.7.23 30.6.24 30.6.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh141958922023-06-30141958922024-06-30141958922023-07-012024-06-30141958922022-06-25141958922022-06-262023-06-30141958922023-06-3014195892ns15:EnglandWales2023-07-012024-06-3014195892ns14:PoundSterling2023-07-012024-06-3014195892ns10:Director12023-07-012024-06-3014195892ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3014195892ns10:SmallEntities2023-07-012024-06-3014195892ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3014195892ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3014195892ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3014195892ns10:FullAccounts2023-07-012024-06-3014195892ns10:OrdinaryShareClass12023-07-012024-06-3014195892ns10:RegisteredOffice2023-07-012024-06-3014195892ns5:CurrentFinancialInstruments2024-06-3014195892ns5:CurrentFinancialInstruments2023-06-3014195892ns5:Non-currentFinancialInstruments2024-06-3014195892ns5:Non-currentFinancialInstruments2023-06-3014195892ns5:ShareCapital2024-06-3014195892ns5:ShareCapital2023-06-3014195892ns5:RetainedEarningsAccumulatedLosses2024-06-3014195892ns5:RetainedEarningsAccumulatedLosses2023-06-3014195892ns5:LandBuildings2023-06-3014195892ns5:LandBuildings2024-06-3014195892ns5:LandBuildings2023-06-3014195892ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3014195892ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-3014195892ns10:OrdinaryShareClass12024-06-3014195892ns5:RetainedEarningsAccumulatedLosses2023-06-3014195892ns5:RetainedEarningsAccumulatedLosses2023-07-012024-06-30
REGISTERED NUMBER: 14195892 (England and Wales)



Report of the Director and

Unaudited Financial Statements for the Year Ended 30 June 2024

for

Aquila Holdings Ltd

Aquila Holdings Ltd (Registered number: 14195892)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 5


Aquila Holdings Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs Olagbade Janet Julius





REGISTERED OFFICE: 8 Sapphire Road
London
SE8 5RN





REGISTERED NUMBER: 14195892 (England and Wales)





ACCOUNTANTS: Argon & Krypton Consulting Ltd
(Chartered Certified Accountants & Tax Advisers)
Unit 6
Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ

Aquila Holdings Ltd (Registered number: 14195892)

Report of the Director
for the Year Ended 30 June 2024

The director presents her report with the financial statements of the company for the year ended 30 June 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Other letting and operating of own or leased real estate

DIRECTOR
Mrs Olagbade Janet Julius held office during the whole of the period from 1 July 2023 to the date of this report.

Her beneficial interest in the shares of the company, according to the register of directors' interests, was as follows:

30.6.24 1.7.23
Ordinary shares of £1 each 1 1

She did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mrs Olagbade Janet Julius - Director


26 March 2025

Aquila Holdings Ltd (Registered number: 14195892)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 131,387 131,387

CURRENT ASSETS
Debtors 5 10,000 10,000
Cash at bank and in hand 24,547 24,088
34,547 34,088
CREDITORS
Amounts falling due within one year 6 (24,085 ) 9,815
NET CURRENT ASSETS 58,632 24,273
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,019

155,660

CREDITORS
Amounts falling due after more than one
year

7

(117,444

)

(94,405

)

ACCRUALS AND DEFERRED INCOME (103,631 ) (74,290 )
NET LIABILITIES (31,056 ) (13,035 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 (31,057 ) (13,036 )
SHAREHOLDERS' FUNDS (31,056 ) (13,035 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Aquila Holdings Ltd (Registered number: 14195892)

Balance Sheet - continued
30 June 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 26 March 2025 and were signed by:





Mrs Olagbade Janet Julius - Director


Aquila Holdings Ltd (Registered number: 14195892)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Aquila Holdings 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.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Aquila Holdings Ltd (Registered number: 14195892)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 July 2023
and 30 June 2024 131,387
NET BOOK VALUE
At 30 June 2024 131,387
At 30 June 2023 131,387

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtor-Yetunde Agunloye 10,000 10,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts (43,713 ) -
Trade creditors 17,998 9,000
Accountancy 1,630 815
(24,085 ) 9,815

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other Loans 28,810 5,977
Tenant Deposit 3,100 3,100
Loan 1,046 -
Mortgage - 35 Westbury 44,250 44,250
Mortgage- 12 Dryborough 41,078 41,078
Bham Midshires 3,675 -
Twiggy Foods (2,000 ) -
LemFinance (2,020 ) -
Premium Finance (495 ) -
117,444 94,405

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1 Ordinary £1 1 1

Aquila Holdings Ltd (Registered number: 14195892)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CALLED UP SHARE CAPITAL - continued

The Total Share Capital is 1 Ordinary Share, and the Prescribe Right of Each Share are given below

Each Share is entitled to one Vote in any circumstances
Each share has equal rights to dividends
Each Share is entitled to participate in a distribution arising from a winding up of the company

9. RESERVES
Retained
earnings
£   

At 1 July 2023 (13,036 )
Deficit for the year (18,021 )
At 30 June 2024 (31,057 )