Silverfin false false 31/03/2025 01/04/2024 31/03/2025 J S Hooker 17/10/1996 N J Stantiford 12/09/1996 K M Turner 10/03/2005 14 July 2025 The principal activity of the company is designers and builders of aquarium displays, glazed vessels and GRP fabrication. 03240347 2025-03-31 03240347 bus:Director1 2025-03-31 03240347 bus:Director2 2025-03-31 03240347 bus:Director3 2025-03-31 03240347 2024-03-31 03240347 core:CurrentFinancialInstruments 2025-03-31 03240347 core:CurrentFinancialInstruments 2024-03-31 03240347 core:Non-currentFinancialInstruments 2025-03-31 03240347 core:Non-currentFinancialInstruments 2024-03-31 03240347 core:ShareCapital 2025-03-31 03240347 core:ShareCapital 2024-03-31 03240347 core:SharePremium 2025-03-31 03240347 core:SharePremium 2024-03-31 03240347 core:OtherCapitalReserve 2025-03-31 03240347 core:OtherCapitalReserve 2024-03-31 03240347 core:RetainedEarningsAccumulatedLosses 2025-03-31 03240347 core:RetainedEarningsAccumulatedLosses 2024-03-31 03240347 core:LandBuildings 2024-03-31 03240347 core:PlantMachinery 2024-03-31 03240347 core:Vehicles 2024-03-31 03240347 core:OfficeEquipment 2024-03-31 03240347 core:LandBuildings 2025-03-31 03240347 core:PlantMachinery 2025-03-31 03240347 core:Vehicles 2025-03-31 03240347 core:OfficeEquipment 2025-03-31 03240347 2024-04-01 2025-03-31 03240347 bus:FilletedAccounts 2024-04-01 2025-03-31 03240347 bus:SmallEntities 2024-04-01 2025-03-31 03240347 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 03240347 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03240347 bus:Director1 2024-04-01 2025-03-31 03240347 bus:Director2 2024-04-01 2025-03-31 03240347 bus:Director3 2024-04-01 2025-03-31 03240347 core:LandBuildings core:TopRangeValue 2024-04-01 2025-03-31 03240347 core:PlantMachinery core:TopRangeValue 2024-04-01 2025-03-31 03240347 core:Vehicles core:TopRangeValue 2024-04-01 2025-03-31 03240347 core:OfficeEquipment core:TopRangeValue 2024-04-01 2025-03-31 03240347 2023-04-01 2024-03-31 03240347 core:LandBuildings 2024-04-01 2025-03-31 03240347 core:PlantMachinery 2024-04-01 2025-03-31 03240347 core:Vehicles 2024-04-01 2025-03-31 03240347 core:OfficeEquipment 2024-04-01 2025-03-31 03240347 core:Non-currentFinancialInstruments 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company No: 03240347 (England and Wales)

AQUARIUM TECHNOLOGY LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

AQUARIUM TECHNOLOGY LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

AQUARIUM TECHNOLOGY LIMITED

BALANCE SHEET

As at 31 March 2025
AQUARIUM TECHNOLOGY LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 4 70,941 38,054
70,941 38,054
Current assets
Stocks 5 78,791 73,793
Debtors 6 379,715 480,201
Cash at bank and in hand 387,156 197,970
845,662 751,964
Creditors: amounts falling due within one year 7 ( 355,062) ( 579,461)
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 ( 21,571) ( 41,667)
Net assets 539,970 168,890
Capital and reserves
Called-up share capital 362,400 362,400
Share premium account 5,990 5,990
Other reserves ( 2,106 ) ( 2,106 )
Profit and loss account 173,686 ( 197,394 )
Total shareholders' funds 539,970 168,890

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Aquarium Technology Limited (registered number: 03240347) were approved and authorised for issue by the Board of Directors on 14 July 2025. They were signed on its behalf by:

K M Turner
Director
AQUARIUM TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
AQUARIUM TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

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.

General information and basis of accounting

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 £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

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

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings 5 years straight line
Plant and machinery 5 years straight line
Vehicles 5 years straight line
Office equipment 4 years straight line
Stocks

Stocks are materials stated at net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 17 16

3. Dividends on equity shares

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.

4. Tangible assets

Land and buildings Plant and machinery Vehicles Office equipment Total
£ £ £ £ £
Cost
At 01 April 2024 54,974 61,083 64,259 23,886 204,202
Additions 0 44,157 0 6,153 50,310
Disposals 0 0 ( 16,680) 0 ( 16,680)
At 31 March 2025 54,974 105,240 47,579 30,039 237,832
Accumulated depreciation
At 01 April 2024 20,053 59,025 64,259 22,811 166,148
Charge for the financial year 10,497 5,771 0 1,155 17,423
Disposals 0 0 ( 16,680) 0 ( 16,680)
At 31 March 2025 30,550 64,796 47,579 23,966 166,891
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

5. Stocks

2025 2024
£ £
Stocks 53,585 51,486
Work in progress 25,206 22,307
78,791 73,793

6. Debtors

2025 2024
£ £
Trade debtors 315,482 395,264
Other debtors 64,233 84,937
379,715 480,201

7. Creditors: amounts falling due within one year

2025 2024
£ £
Bank loans 20,100 20,000
Trade creditors 44,571 155,674
Taxation and social security 117,166 39,542
Other creditors 173,225 364,245
355,062 579,461

8. Creditors: amounts falling due after more than one year

2025 2024
£ £
Bank loans 21,571 41,667

There are no amounts included above in respect of which any security has been given by the small entity.

9. Financial commitments

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.