Registration number: 12417202

Aquaman Plumbing and Heating Ltd

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Balance Sheet	4
Statement of Changes in Equity	5
Notes to the Unaudited Financial Statements	6 to 10

Aquaman Plumbing and Heating Ltd

Company Information

Director

Dean Anthony Weeks

Company secretary

Dean Anthony Weeks

Registered office

16-18 The Boscombe Centre Mills Way Amesbury Wiltshire SP4 7SD

Accountants

Howdenwhite LLP Chartered Certified AccountantsUnits 16-18, The Boscombe Centre Mills Way Amesbury Salisbury Wiltshire SP4 7SD

Aquaman Plumbing and Heating Ltd

Director's Report for the Year Ended 31 January 2025

The report and the financial statements for the year ended 31 January 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr Anthony John Weeks (ceased 19 December 2024)

Dean Anthony Weeks - Company secretary and director (appointed 18 December 2024)

Principal activity

The principal activity of the company is plumbing & heating engineers

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 6 May 2025
 

......................................... Dean Anthony Weeks Company secretary and director

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Aquaman Plumbing and Heating Ltd
for the Year Ended 31 January 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aquaman Plumbing and Heating Ltd for the year ended 31 January 2025 as set out on pages 4 to 10 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/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Aquaman Plumbing and Heating Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Aquaman Plumbing and Heating Ltd and state those matters that we have agreed to state to the Board of Directors of Aquaman Plumbing and Heating Ltd, 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/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aquaman Plumbing and Heating Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Aquaman Plumbing and Heating Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Aquaman Plumbing and Heating Ltd. You consider that Aquaman Plumbing and Heating Ltd 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 Aquaman Plumbing and Heating Ltd. 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.

......................................

Howdenwhite LLP
Chartered Certified Accountants
Units 16-18, The Boscombe Centre
Mills Way
Amesbury
Salisbury
Wiltshire
SP4 7SD

6 May 2025

Aquaman Plumbing and Heating Ltd

(Registration number: 12417202)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	4,963
Current assets
Debtors	5	1,293	1,507
Cash at bank and in hand		709	1,447
		2,002	2,954
Creditors: Amounts falling due within one year	6	(1,846)	(3,127)
Net current assets/(liabilities)		156	(173)
Total assets less current liabilities		156	4,790
Provisions for liabilities		-	(943)
Net assets		156	3,847
Capital and reserves
Called up share capital		100	100
Retained earnings		56	3,747
Shareholders' funds		156	3,847

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account and Director's Report.

Approved and authorised by the director on 6 May 2025
 

......................................... Dean Anthony Weeks Company secretary and director

Aquaman Plumbing and Heating Ltd

Statement of Changes in Equity for the Year Ended 31 January 2025

	Share capital £	Retained earnings £	Total £
At 1 February 2024	100	3,747	3,847
Loss for the year	-	(1,781)	(1,781)
Dividends	-	(1,910)	(1,910)
At 31 January 2025	100	56	156

	Share capital £	Retained earnings £	Total £
At 1 February 2023	100	5,447	5,547
Profit for the year	-	3,842	3,842
Dividends	-	(5,542)	(5,542)
At 31 January 2024	100	3,747	3,847

Aquaman Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
16-18 The Boscombe Centre
Mills Way
Amesbury
Wiltshire
SP4 7SD

These financial statements were authorised for issue by the director on 6 May 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Aquaman Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	15% reducing balance basis
Office equipment	33% straight line basis
Motor vehicles	15% reducing balance basis

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Aquaman Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. 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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 2).

Aquaman Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2024	1,650	9,540	11,190
Additions	522	-	522
Disposals	(2,172)	(9,540)	(11,712)
At 31 January 2025	-	-	-
Depreciation
At 1 February 2024	1,023	5,204	6,227
Eliminated on disposal	(1,023)	(5,204)	(6,227)
At 31 January 2025	-	-	-
Carrying amount
At 31 January 2025	-	-	-
At 31 January 2024	627	4,336	4,963

5

Debtors

Current	2025 £	2024 £
Trade debtors	130	429
Prepayments	-	288
Other debtors	1,163	790
	1,293	1,507

6

Creditors

Creditors: amounts falling due within one year

Aquaman Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

	2025 £	2024 £
Due within one year
Trade creditors	-	33
Taxation and social security	525	988
Accruals and deferred income	1,320	1,776
Other creditors	1	330
	1,846	3,127

7

Dividends

		2025		2024
		£		£
Interim dividend of £5.00 (2024 - £55.4199) per ordinary share		1,910		5,542

8	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	7,583	9,100