Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31false2024-04-01falseNo description of principal activity99trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08815028 2024-04-01 2025-03-31 08815028 2023-04-01 2024-03-31 08815028 2025-03-31 08815028 2024-03-31 08815028 2023-04-01 08815028 c:Director3 2024-04-01 2025-03-31 08815028 d:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 08815028 d:OtherPropertyPlantEquipment 2025-03-31 08815028 d:OtherPropertyPlantEquipment 2024-03-31 08815028 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 08815028 d:CurrentFinancialInstruments 2025-03-31 08815028 d:CurrentFinancialInstruments 2024-03-31 08815028 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 08815028 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08815028 d:ShareCapital 2025-03-31 08815028 d:ShareCapital 2024-03-31 08815028 d:RetainedEarningsAccumulatedLosses 2025-03-31 08815028 d:RetainedEarningsAccumulatedLosses 2024-03-31 08815028 c:OrdinaryShareClass1 2024-04-01 2025-03-31 08815028 c:OrdinaryShareClass1 2025-03-31 08815028 c:FRS102 2024-04-01 2025-03-31 08815028 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08815028 c:FullAccounts 2024-04-01 2025-03-31 08815028 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08815028 d:WithinOneYear 2025-03-31 08815028 d:WithinOneYear 2024-03-31 08815028 2 2024-04-01 2025-03-31 08815028 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 08815028 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 08815028 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08815028









AQUASENSE (UK) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
AQUASENSE (UK) LIMITED
REGISTERED NUMBER: 08815028

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
37,691

Current assets
  

Stocks
 5 
-
44,722

Debtors: amounts falling due within one year
 6 
235,065
617,337

Cash at bank and in hand
 7 
542,707
506,270

  
777,772
1,168,329

Creditors: amounts falling due within one year
 8 
(785,492)
(1,154,462)

Net current (liabilities)/assets
  
 
 
(7,720)
 
 
13,867

Total assets less current liabilities
  
(7,720)
51,558

Provisions for liabilities
  

Deferred tax
 9 
-
(6,357)

Net (liabilities)/assets
  
(7,720)
45,201


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
(7,820)
45,101

  
(7,720)
45,201

Page 1

 
AQUASENSE (UK) LIMITED
REGISTERED NUMBER: 08815028
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 July 2025.




P J Smith
Director


The notes on pages 3 to 9 form part of these financial statements.
Page 2

 
AQUASENSE (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Aquasense (UK) Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 3 Brook Business Centre, Cowley Mill Road, Uxbridge, England, UB8 2FX.
The company specialises in freshwater aquaculture.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Going concern

The financial statements have been prepared on a non-going concern basis. Management have plans to liquidate the company in the near future, therefore the accounts have not been prepared on a going concern basis. The directors believe that no adjustments are required to the accounts as a result of adopting the non-going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from a contract to provide services is recognised in the year in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
• the amount of revenue can be measured reliably;
• it is probable that the Company will receive the consideration due under the contract;
• the stage of completion of the contract at the reporting date can be measured reliably; and
• the costs incurred and the costs to complete the contract can be measured reliably.
Revenue is recognised at the point of sale.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
AQUASENSE (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Other fixed assets
-
20% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

 
2.5

Stocks

Stock are stated at the lower of cost and net realisable value, being estimated selling price less costs to complete and sell.  Cost is based on the cost of purchase on a first in, first out basis.  Work in progress and finished goods include labour and attributable overheads.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of comprehensive income.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
AQUASENSE (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.10

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of comprehensive income on a straight-line basis over the lease term.

 
2.11

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in Statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.13

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits;
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and
Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Company can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 5

 
AQUASENSE (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2024 - 9).


4.


Tangible fixed assets





Other fixed assets

£



Cost 


At 1 April 2024
264,557


Additions
264


Disposals
(264,821)



At 31 March 2025

-



Depreciation


At 1 April 2024
226,866


Charge for the year
7,567


Disposals
(234,433)



At 31 March 2025

-



Net book value



At 31 March 2025
-



At 31 March 2024
37,691


5.


Stocks

2025
2024
£
£

Finished goods and goods for resale
-
44,722

-
44,722


Page 6

 
AQUASENSE (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Debtors

2025
2024
£
£


Trade debtors
234,974
613,901

Other debtors
-
3,436

Prepayments and accrued income
91
-

235,065
617,337



7.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
542,707
506,270

542,707
506,270



8.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
5,010
291,519

Amounts owed to group undertakings
530,000
460,000

Corporation tax
57,524
147,546

Other taxation and social security
176,060
251,072

Accruals and deferred income
16,898
4,325

785,492
1,154,462


Page 7

 
AQUASENSE (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


Deferred taxation




2025
2024


£

£






At beginning of year
6,357
8,442


Credited to the Statement of comprehensive income
(6,357)
(2,085)



At end of year
-
6,357

The deferred taxation balance is made up as follows:

2025
2024
£
£


Accelerated capital allowances
-
6,357

-
6,357


10.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100



11.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £243,708 (2024 - £244,048). 

Page 8

 
AQUASENSE (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

12.


Commitments under operating leases

At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2025
2024
£
£


Not later than 1 year
-
300

-
300


13.


Related party transactions

The company has taken advantage allowed by Financial Reporting Standard 102 not to disclose transactions with other wholly owned members of the group. 
 
Included within trade creditors is an amount of £Nil (2024 - £1,504) due to directors of the company.
 
During the year, the company made total purchases of £Nil (2024 - £32,507) from directors of the company. 


14.


Ultimate parent undertaking and controlling party

The immediate and ultimate parent undertaking is Willow Brook Services Limited, a company incorporated in England and Wales.
 
The company is under the control of the directors by virtue of their beneficial ownership.

 
Page 9