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Company Registration No. 04917038 (England and Wales)
Aqua Babies (UK) Ltd Unaudited accounts for the year ended 31 August 2024
Aqua Babies (UK) Ltd Unaudited accounts Contents
Page
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Aqua Babies (UK) Ltd Company Information for the year ended 31 August 2024
Directors
Carol Ralph Wendy Edmondson
Secretary
Carol Ralph
Company Number
04917038 (England and Wales)
Registered Office
Trafford Suite 8 S-E Chester Road Manchester M32 0RS England
Accountants
Elevate Accounting Solutions Limited 14 John Bradshaw Court Alexandria Way Congleton CW12 1LB
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Aqua Babies (UK) Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
62,348 
67,842 
Current assets
Inventories
3,860 
8,222 
Debtors
43,092 
65,357 
Cash at bank and in hand
129,933 
137,244 
176,885 
210,823 
Creditors: amounts falling due within one year
(221,960)
(236,286)
Net current liabilities
(45,075)
(25,463)
Total assets less current liabilities
17,273 
42,379 
Creditors: amounts falling due after more than one year
(17,271)
(42,377)
Net assets
2 
2 
Capital and reserves
Called up share capital
2 
2 
Shareholders' funds
2 
2 
For the year ending 31 August 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 12 November 2024 and were signed on its behalf by
Carol Ralph Director Company Registration No. 04917038
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Aqua Babies (UK) Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Aqua Babies (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 04917038. The registered office is Trafford Suite 8 S-E, Chester Road, Manchester, M32 0RS, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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:
Land & buildings
2% straight line
Plant & machinery
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Aqua Babies (UK) Ltd Notes to the Accounts for the year ended 31 August 2024
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
190,565 
At 31 August 2024
190,565 
Amortisation
At 1 September 2023
190,565 
At 31 August 2024
190,565 
Net book value
At 31 August 2024
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
24,000 
110,133 
13,587 
40,115 
187,835 
Additions
- 
2,384 
1,883 
5,401 
9,668 
At 31 August 2024
24,000 
112,517 
15,470 
45,516 
197,503 
Depreciation
At 1 September 2023
8,160 
62,981 
13,587 
35,265 
119,993 
Charge for the year
480 
12,086 
121 
2,475 
15,162 
At 31 August 2024
8,640 
75,067 
13,708 
37,740 
135,155 
Net book value
At 31 August 2024
15,360 
37,450 
1,762 
7,776 
62,348 
At 31 August 2023
15,840 
47,152 
- 
4,850 
67,842 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,259 
53,042 
Accrued income and prepayments
22,303 
3,785 
Other debtors
8,530 
8,530 
43,092 
65,357 
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Aqua Babies (UK) Ltd Notes to the Accounts for the year ended 31 August 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
24,026 
22,109 
VAT
13,513 
14,560 
Obligations under finance leases and hire purchase contracts
4,546 
15,393 
Trade creditors
29,700 
20,006 
Taxes and social security
34,074 
50,918 
Other creditors
- 
361 
Loans from directors
(55,795)
(43,808)
Deferred income
171,896 
156,747 
221,960 
236,286 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,807 
30,367 
Obligations under finance leases and hire purchase contracts
7,464 
12,010 
17,271 
42,377 
9
Average number of employees
During the year the average number of employees was 11 (2023: 12).
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