Company No:
Contents
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Fixed assets | ||||
| Tangible assets | 4 |
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| 70,941 | 38,054 | |||
| Current assets | ||||
| Stocks | 5 |
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| Debtors | 6 |
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| Cash at bank and in hand |
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| 845,662 | 751,964 | |||
| Creditors: amounts falling due within one year | 7 | (
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| Net current assets | 490,600 | 172,503 | ||
| Total assets less current liabilities | 561,541 | 210,557 | ||
| Creditors: amounts falling due after more than one year | 8 | (
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| Net assets |
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| Share premium account |
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| Profit and loss account |
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| Total shareholders' funds |
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Directors' responsibilities:
The financial statements of Aquarium Technology Limited (registered number:
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K M Turner
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Aquarium Technology Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 18 Cumberland Drive Granby Industrial Estate, Weymouth, DT4 9TB, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
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| Plant and machinery |
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| Vehicles |
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| Office equipment |
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| 2025 | 2024 | ||
| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including directors |
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| 2025 | 2024 | ||
| £ | £ | ||
| Amounts recognised as distributions to equity holders in the financial year: | |||
| Proposed dividend for the financial year ended 31 March 2025 of £0.45 (2024: £Nil) per ordinary share | 162,132 | 0 |
The proposed final dividend is subject to approval by the shareholders and has not been included as a liability in these financial statements.
| Land and buildings | Plant and machinery | Vehicles | Office equipment | Total | |||||
| £ | £ | £ | £ | £ | |||||
| Cost | |||||||||
| At 01 April 2024 |
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| Additions |
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| Disposals |
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| At 31 March 2025 |
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| Charge for the financial year |
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| Disposals |
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| At 31 March 2025 |
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| Net book value | |||||||||
| At 31 March 2025 | 24,424 | 40,444 | 0 | 6,073 | 70,941 | ||||
| At 31 March 2024 | 34,921 | 2,058 | 0 | 1,075 | 38,054 |
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| Stocks |
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| Work in progress |
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| Trade debtors |
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| Other debtors |
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| £ | £ | ||
| Bank loans |
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| Trade creditors |
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| Taxation and social security |
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| Other creditors |
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| £ | £ | ||
| Bank loans |
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Commitments
Capital commitments are as follows:
| 2025 | 2024 | ||
| £ | £ | ||
| Contracted for but not provided for: | |||
| Finance leases entered into | 241,892 | 326,697 |
The commitment relates to a non-cancellable operating lease in respect of the company's leasehold property.