Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 01947124 G L Birch S A Fitchett T D Fitchett true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01947124 2023-09-30 01947124 2024-09-30 01947124 2023-10-01 2024-09-30 01947124 frs-core:CurrentFinancialInstruments 2024-09-30 01947124 frs-core:ShareCapital 2024-09-30 01947124 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 01947124 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 01947124 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 01947124 frs-bus:SmallEntities 2023-10-01 2024-09-30 01947124 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 01947124 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 01947124 1 2023-10-01 2024-09-30 01947124 frs-core:CostValuation 2023-09-30 01947124 frs-core:CostValuation 2024-09-30 01947124 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 01947124 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 01947124 frs-bus:Director1 2023-10-01 2024-09-30 01947124 frs-bus:Director2 2023-10-01 2024-09-30 01947124 frs-bus:Director3 2023-10-01 2024-09-30 01947124 frs-countries:EnglandWales 2023-10-01 2024-09-30 01947124 2022-09-30 01947124 2023-09-30 01947124 2022-10-01 2023-09-30 01947124 frs-core:CurrentFinancialInstruments 2023-09-30 01947124 frs-core:ShareCapital 2023-09-30 01947124 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 01947124
Aquastart Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Aquastart Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Aquastart Limited
Balance Sheet
As At 30 September 2024
Balance Sheet
Registered number: 01947124

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 58,969 |  | 58,969
Investments | 5 |  | 350,000 |  | 350,000
|  |  | 408,969 |  | 408,969
CURRENT ASSETS
Cash at bank and in hand |  | 95,878 |  | 93,751 |
|  | 95,878 |  | 93,751 |
Creditors: Amounts Falling Due Within One Year | 6 | (9,809 ) |  | (9,738 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 86,069 |  | 84,013
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 495,038 |  | 492,982
NET ASSETS |  |  | 495,038 |  | 492,982
CAPITAL AND RESERVES
Called up share capital | 7 |  | 63,792 |  | 63,792
Profit and Loss Account |  |  | 431,246 |  | 429,190
SHAREHOLDERS' FUNDS |  |  | 495,038 |  | 492,982

For the year ending 30 September 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

T D Fitchett Director
12/06/2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Aquastart Limited
Notes to the Financial Statements
For The Year Ended 30 September 2024
Notes to the Financial Statements
1. General Information
Aquastart Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01947124 . The registered office is Hartland House Holyhead Road, Ketley, Telford, Shropshire, TF1 4AN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually. The valuers observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss. The directors consider the value to be a fair market value.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Investments
Investments in equity shares which are publicly traded or where the fairvalue can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Page 2
Page 3
Aquastart Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Investment Property

| 2024
--- | ---
| £
Fair Value
As at 1 October 2023 and 30 September 2024 | 58,969

5. Investments

| Other
--- | ---
| £
Cost
As at 1 October 2023 | 350,000
As at 30 September 2024 | 350,000
Provision
As at 1 October 2023 | -
As at 30 September 2024 | -
Net Book Value
As at 30 September 2024 | 350,000
As at 1 October 2023 | 350,000

Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Subsidiary undertakings
Cound Lake Properties Limited
Registered Office - Hartland House, Holyhead Road, Ketley, Telford, TF1 4AN
Holding - Ordinary shares
Proportion of voting rights held - 100%
6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Corporation tax | 2,828 |  | 2,757
Other creditors | 6,981 |  | 6,981
| 9,809 |  | 9,738

7. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 63,792 |  | 63,792

8. Ultimate Controlling Party
The company is controlled by the directors who own 100% of the called up share capital.
Page 3