Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 April 2023 false 1 January 2024 31 December 2024 31 December 2024 13246216 Luisa Bonello Karen Marshall Mr Stewart Newbigging Wilkinson MFMAC SECRETARIES LIMITED iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13246216 2023-12-31 13246216 2024-12-31 13246216 2024-01-01 2024-12-31 13246216 frs-core:CurrentFinancialInstruments 2024-12-31 13246216 frs-core:Non-currentFinancialInstruments 2024-12-31 13246216 frs-core:ComputerEquipment 2024-12-31 13246216 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13246216 frs-core:ComputerEquipment 2023-12-31 13246216 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13246216 frs-core:FurnitureFittings 2024-12-31 13246216 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13246216 frs-core:FurnitureFittings 2023-12-31 13246216 frs-core:MotorVehicles 2024-12-31 13246216 frs-core:MotorVehicles 2024-01-01 2024-12-31 13246216 frs-core:MotorVehicles 2023-12-31 13246216 frs-core:OtherResidualIntangibleAssets 2024-12-31 13246216 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 13246216 frs-core:OtherResidualIntangibleAssets 2023-12-31 13246216 frs-core:PlantMachinery 2024-12-31 13246216 frs-core:PlantMachinery 2024-01-01 2024-12-31 13246216 frs-core:PlantMachinery 2023-12-31 13246216 frs-core:SharePremium 2024-12-31 13246216 frs-core:ShareCapital 2024-12-31 13246216 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13246216 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13246216 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13246216 frs-bus:SmallEntities 2024-01-01 2024-12-31 13246216 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13246216 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13246216 frs-bus:Director1 2024-01-01 2024-12-31 13246216 frs-bus:Director2 2024-01-01 2024-12-31 13246216 frs-bus:Director3 2024-01-01 2024-12-31 13246216 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 13246216 frs-countries:EnglandWales 2024-01-01 2024-12-31 13246216 2023-03-31 13246216 2023-12-31 13246216 2023-04-01 2023-12-31 13246216 frs-core:CurrentFinancialInstruments 2023-12-31 13246216 frs-core:Non-currentFinancialInstruments 2023-12-31 13246216 frs-core:SharePremium 2023-12-31 13246216 frs-core:ShareCapital 2023-12-31 13246216 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13246216
Aqua Superpower Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Thriveworks Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13246216
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 50,601 58,135
Tangible Assets 5 1,377,519 1,272,562
1,428,120 1,330,697
CURRENT ASSETS
Stocks 6 2,055,771 2,105,237
Debtors 7 1,675,685 1,434,776
Cash at bank and in hand 229,343 80,544
3,960,799 3,620,557
Creditors: Amounts Falling Due Within One Year 8 (318,600 ) (912,205 )
NET CURRENT ASSETS (LIABILITIES) 3,642,199 2,708,352
TOTAL ASSETS LESS CURRENT LIABILITIES 5,070,319 4,039,049
Creditors: Amounts Falling Due After More Than One Year 9 (7,104,352 ) (4,574,737 )
NET LIABILITIES (2,034,033 ) (535,688 )
CAPITAL AND RESERVES
Called up share capital 10 1,885 1,885
Share premium account 4,984,563 4,984,563
Profit and Loss Account (7,020,481 ) (5,522,136 )
SHAREHOLDERS' FUNDS (2,034,033) (535,688)
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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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Karen Marshall
Director
29/09/2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Aqua Superpower Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13246216 . The registered office is Unit 28 Universal Marina, Crableck Lane, Southampton, SO31 7ZN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10 years
Motor Vehicles 15 years
Fixtures & Fittings 3 years
Computer Equipment 3 years
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 12)
12 12
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 75,342
As at 31 December 2024 75,342
Amortisation
As at 1 January 2024 17,207
Provided during the period 7,534
As at 31 December 2024 24,741
Net Book Value
As at 31 December 2024 50,601
As at 1 January 2024 58,135
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 1,422,156 18,185 15,775 26,893 1,483,009
Additions 334,653 - - 829 335,482
Disposals - - - (1,719 ) (1,719 )
As at 31 December 2024 1,756,809 18,185 15,775 26,003 1,816,772
...CONTINUED
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Page 5
Depreciation
As at 1 January 2024 194,248 404 1,863 13,932 210,447
Provided during the period 216,876 1,212 3,215 7,910 229,213
Disposals - - - (407 ) (407 )
As at 31 December 2024 411,124 1,616 5,078 21,435 439,253
Net Book Value
As at 31 December 2024 1,345,685 16,569 10,697 4,568 1,377,519
As at 1 January 2024 1,227,908 17,781 13,912 12,961 1,272,562
6. Stocks
31 December 2024 31 December 2023
£ £
Stock 2,055,771 2,105,237
7. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 57,786 171,648
Prepayments and accrued income 31,950 28,179
Other debtors 107,686 28,417
VAT 50,690 -
Amounts owed by group undertakings 1,427,573 1,206,532
1,675,685 1,434,776
8. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 191,558 248,663
Other taxes and social security 14,024 42,751
VAT - 1,119
Other creditors 8,608 449,839
Accruals and deferred income 3,368 8,100
Directors' loan accounts 95,850 161,733
Amounts owed to group undertakings 5,192 -
318,600 912,205
9. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Shareholder loan 7,104,352 4,574,737
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10. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 1,885 1,885
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