Company Registration No. 03770842 (England and Wales)
Aqua Industrial Limited
Unaudited accounts
for the year ended 31 December 2024
Aqua Industrial Limited
Unaudited accounts
Contents
Aqua Industrial Limited
Company Information
for the year ended 31 December 2024
Company Number
03770842 (England and Wales)
Registered Office
Layfield Farm
Sheppey Way, Bobbing
Sittingbourne
Kent
ME9 8QS
Accountants
Attire Accounting Limited
45 Granville Drive
Herne Bay
Kent
CT6 7QZ
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Aqua Industrial Limited
for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Aqua Industrial Limited for the year ended
31 December 2024 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Aqua Industrial Limited, as a body, in accordance with the terms of our engagement letter dated 23 June 2017. Our work has been undertaken solely to prepare for your approval the accounts of Aqua Industrial Limited and state those matters that we have agreed to state to the Board of Directors of Aqua Industrial Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aqua Industrial Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Aqua Industrial Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Aqua Industrial Limited. You consider that Aqua Industrial Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Aqua Industrial Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Attire Accounting Limited
Chartered Certified Accountants
45 Granville Drive
Herne Bay
Kent
CT6 7QZ
26 September 2025
Aqua Industrial Limited
Statement of financial position
as at 31 December 2024
Tangible assets
114,139
102,268
Cash at bank and in hand
27,550
1,258
Creditors: amounts falling due within one year
(145,633)
(105,730)
Net current assets
271,892
263,518
Total assets less current liabilities
410,377
390,132
Creditors: amounts falling due after more than one year
(5,271)
(15,598)
Provisions for liabilities
Deferred tax
(14,663)
(9,834)
Net assets
390,443
364,700
Called up share capital
106
106
Profit and loss account
390,337
364,594
Shareholders' funds
390,443
364,700
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 26 September 2025 and were signed on its behalf by
G C Todd
Director
Company Registration No. 03770842
Aqua Industrial Limited
Notes to the Accounts
for the year ended 31 December 2024
Aqua Industrial Limited is a private company, limited by shares, registered in England and Wales, registration number 03770842. The registered office is Layfield Farm, Sheppey Way, Bobbing, Sittingbourne, Kent, ME9 8QS.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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
10% straight line basis
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
The cherished registration numbers are stated at cost with no depreciation being provided, as the directors are confident that cost does not exceed the market value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Aqua Industrial Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2024
43,939
168,014
436,645
1,742
1,333
651,673
Additions
-
19,751
22,884
-
1,349
43,984
At 31 December 2024
43,939
187,765
459,529
1,742
2,682
695,657
At 1 January 2024
26,364
117,575
403,979
435
1,052
549,405
Charge for the year
4,394
15,958
11,027
327
407
32,113
At 31 December 2024
30,758
133,533
415,006
762
1,459
581,518
At 31 December 2024
13,181
54,232
44,523
980
1,223
114,139
At 31 December 2023
17,575
50,439
32,666
1,307
281
102,268
5
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 January 2024
100
24,246
24,346
Valuation at 31 December 2024
100
24,246
24,346
The company's investments at the balance sheet date include the share capital of the following company:
Ultra-Tech Kent Ltd
Nature of business: Supply of environmental products.
Class of shares: Ordinary
Holding: 100%
Aggregate capital and reserves:
2024 (£13,882)
2023 (£13,830)
Amounts falling due within one year
Trade debtors
40,827
20,106
Amounts due from group undertakings etc.
21,808
21,608
Accrued income and prepayments
1,572
1,650
Other debtors
325,768
324,626
Aqua Industrial Limited
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
18,121
11,516
Trade creditors
11,604
287
Amounts owed to group undertakings and other participating interests
7,333
3,733
Taxes and social security
2,590
200
Loans from directors
93,469
81,561
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
106 Ordinary shares of £1 each
106
106
10
Transactions with related parties
During the period Aqua Industrial Limited loaned money to or paid expenses in the sum of £200 (2023: £200) on behalf of Ultra-Tech Kent Ltd, its wholly owned subsidiary. At the balance sheet date there was £14,034 (2023: £13,834) owed from Ultra-Tech Kent Ltd.
During the period £3,600 (2023: £3,600), in respect of rent charges, was due to Todd Investments Limited, the parent company of Aqua Industrial Limited. In addition to this Aqua Industrial Limited paid expenses on behalf of Todd Investments Limited amounting to £ nil (2023: £ nil). At the balance sheet date there was £7,333 (2023: £3,733) owing to Todd Investments Limited.
During the period Aqua Industrial Limited sold materials to Todd Property Management to the value of £ nil (2023: £ nil) (excluding VAT). At the balance sheet date there was £7,774 (2023: £7,774) owed from Todd Property Management in respect of loans made in previous periods and £ nil (2023: £ nil) (including VAT) in respect of trade debtors.
During the period Aqua Industrial Limited sold materials and equipment to MGW Property Ltd, a company in which the director Gary Todd is the sole shareholder, to the value of £1,316 (2023: £ nil) (excluding VAT). These transactions were paid for by MGW Property Ltd in the period. In previous periods the company loaned money to and received repayments from MGW Property Ltd and at the balance sheet date there was £324,550 (2023: £324,550) owed from MGW Property Ltd.
The controlling party is the holding company, Todd Investments Limited, and the ultimate controlling party is G C Todd, the director, by virtue of his shareholding in the holding company, Todd Investments Limited.
12
Average number of employees
During the year the average number of employees was 1 (2023: 1).