REGISTERED NUMBER: 01945405 (England and Wales)

AQUA WATER SYSTEMS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T M Raymondi

SECRETARY:

N A Watson

REGISTERED OFFICE:

Beauchamp House

402-403 Stourport Road

Kidderminster

Worcestershire

DY11 7BG

REGISTERED NUMBER:

01945405 (England and Wales)

SENIOR STATUTORY AUDITOR:

William David Chinn

AUDITORS:

Stour Accountants Limited

Chartered Certified Accountants and Statutory

Auditors

402-403 Stourport Road

Kidderminster

Worcestershire

DY11 7BG

FIXED ASSETS

Tangible assets

4

2,398

1,385

Investments

5

1

1

2,399

1,386

CURRENT ASSETS

Stocks

160,232

169,365

Debtors

6

122,076

130,967

Cash at bank and in hand

163,333

160,639

445,641

460,971

CREDITORS

Amounts falling due within one year

7

319,435

282,511

NET CURRENT ASSETS

126,206

178,460

TOTAL ASSETS LESS CURRENT LIABILITIES

128,605

179,846

PROVISIONS FOR LIABILITIES

388

82

NET ASSETS

128,217

179,764

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

128,117

179,664

SHAREHOLDERS' FUNDS

128,217

179,764

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15th May 2025 and were signed by:

T M Raymondi - Director

1.	STATUTORY INFORMATION

Aqua Water Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st January 2024

-

9,685

4,646

14,331

Additions

1,700

-

-

1,700

At 31st December 2024

1,700

9,685

4,646

16,031

DEPRECIATION

At 1st January 2024

-

8,653

4,293

12,946

Charge for year

252

219

216

687

At 31st December 2024

252

8,872

4,509

13,633

NET BOOK VALUE

At 31st December 2024

1,448

813

137

2,398

At 31st December 2023

-

1,032

353

1,385

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2024

and 31st December 2024

1

NET BOOK VALUE

At 31st December 2024

1

At 31st December 2023

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

104,831

110,416

Other debtors

17,245

20,551

122,076

130,967

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

13,087

12,819

Amounts owed to group undertakings

202,365

172,252

Taxation and social security

67,855

59,133

Other creditors

36,128

38,307

319,435

282,511

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

32,379

47,995

Between one and five years

2,704

35,082

35,083

83,077

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

92

Ordinary A

£1

92

92

8

Ordinary B

£1

8

8

100

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

William David Chinn (Senior Statutory Auditor)

for and on behalf of Stour Accountants Limited