REGISTERED NUMBER: 11009226 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2024

FOR

AQUA CARS (HOLDINGS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R R Leng

B M Leng

REGISTERED OFFICE:

Venture House

The Tanneries

East Street

Titchfield

Hampshire

PO14 4AR

REGISTERED NUMBER:

11009226 (England and Wales)

ACCOUNTANTS:

Compass Accountants Limited

Chartered Accountants

Venture House

The Tanneries

East Street

Titchfield

Hampshire

PO14 4AR

FIXED ASSETS

Tangible assets

4

920,215

830,106

Investments

5

430

500,430

920,645

1,330,536

CURRENT ASSETS

Debtors

6

503,856

22,771

Cash at bank

134,119

145,605

637,975

168,376

CREDITORS

Amounts falling due within one year

7

174,522

158,962

NET CURRENT ASSETS

463,453

9,414

TOTAL ASSETS LESS CURRENT LIABILITIES

1,384,098

1,339,950

CREDITORS

Amounts falling due after more than one year

8

(225,150

)

(254,582

)

PROVISIONS FOR LIABILITIES

(98

)

(115

)

NET ASSETS

1,158,850

1,085,253

CAPITAL AND RESERVES

Called up share capital

9

430

430

Retained earnings

1,158,420

1,084,823

SHAREHOLDERS' FUNDS

1,158,850

1,085,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th October 2025 and were signed on its behalf by:

R R Leng - Director

1.	STATUTORY INFORMATION

Aqua Cars (Holdings) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Basic financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 1A to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The company's financial assets and liabilities consist of cash and cash equivalents, short term investments, trade and other debtors, trade and other creditor, and accrued expenses. The fair value of these items approximates their carrying value due to their short term value. Unless otherwise noted, the company is not exposed to significant interest, foreign exchange or credit risks arising from these instruments.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1st August 2023

829,500

1,000

830,500

Additions

90,200

-

90,200

At 31st July 2024

919,700

1,000

920,700

DEPRECIATION

At 1st August 2023

-

394

394

Charge for year

-

91

91

At 31st July 2024

-

485

485

NET BOOK VALUE

At 31st July 2024

919,700

515

920,215

At 31st July 2023

829,500

606

830,106

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st August 2023

500,430

Disposals

(500,000

)

At 31st July 2024

430

NET BOOK VALUE

At 31st July 2024

430

At 31st July 2023

500,430

6.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

10,000

-

Other debtors

11,587

7,771

21,587

7,771

Amounts falling due after more than one year:

Amounts owed by associates

482,269

15,000

Aggregate amounts

503,856

22,771

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

22,287

6,727

Other creditors

152,235

152,235

174,522

158,962

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to associates

225,150

254,582

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

400

Ordinary A

1

400

400

10

Ordinary B

1

10

10

10

Ordinary C

1

20

20

430

430