AQUATEC PLUMBING SUPPLIES LIMITED

Company Registration Number:
05865054 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

AQUATEC PLUMBING SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

AQUATEC PLUMBING SUPPLIES LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 276,493 278,780
Total fixed assets: 276,493 278,780
Current assets
Stocks: 523,330 498,572
Debtors:   455,151 562,378
Cash at bank and in hand: 845,003 748,310
Total current assets: 1,823,484 1,809,260
Creditors: amounts falling due within one year: 4 (744,319) (857,974)
Net current assets (liabilities): 1,079,165 951,286
Total assets less current liabilities: 1,355,658 1,230,066
Creditors: amounts falling due after more than one year: 5 (9,793) (19,748)
Total net assets (liabilities): 1,345,865 1,210,318
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,345,765 1,210,218
Shareholders funds: 1,345,865 1,210,318

The notes form part of these financial statements

AQUATEC PLUMBING SUPPLIES LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 March 2025
and signed on behalf of the board by:

Name: Timothy Whitmarsh
Status: Director

The notes form part of these financial statements

AQUATEC PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The accounts have been prepared under the historical cost convention and in accordance with the FRS for small entities

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write the assets off over their estimated useful lives. Leasehold improvements 10 years straight line Office equipment 5 years straight line Warehouse equipment 10% reducing balance Commercial vehicles 25% reducing balance

AQUATEC PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 12 11

AQUATEC PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 718,675
Additions 37,142
At 31 December 2024 755,817
Depreciation
At 01 January 2024 439,895
Charge for year 39,429
At 31 December 2024 479,324
Net book value
At 31 December 2024 276,493
At 31 December 2023 278,780

AQUATEC PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023 Trade creditors 455,358 594,139 Showroom deposits 34,966 25,993 Accruals 14,314 36,722 Tax and social security 201,393 172,832 Bank loans 5,000 5.000 Directors loans 33,288 23,288 Totals 744,318 857,974

AQUATEC PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due after more than one year note

2024 2023 Bank Loans 9,793 19.748 The loan is a Government Bounce Back lon and is repaid over 5 years from 2021.