Company Registration No. 08020638 (England and Wales)
Aquarian Broadcast Group Limited
Unaudited accounts - Amended
for the year ended 31 March 2025
Aquarian Broadcast Group Limited
Unaudited accounts - Amended
Contents
Aquarian Broadcast Group Limited
Company Information
for the year ended 31 March 2025
Directors
T F Tucker
D W Tucker
Company Number
08020638 (England and Wales)
Registered Office
27 IO CENTRE, CROYDON ROAD
BEDDINGTON
CROYDON
CR0 4WQ
ENGLAND
Accountants
Hybrid Premium LTD
2-4 Stoneleigh Park Road
Stoneleigh
Epsom
Surrey
KT19 0QT
Aquarian Broadcast Group Limited
Statement of financial position
as at 31 March 2025
Tangible assets
446,052
449,767
Cash at bank and in hand
33
2,279
Creditors: amounts falling due within one year
(884,354)
(268,742)
Net current liabilities
(399,153)
(108,202)
Called up share capital
105
105
Profit and loss account
46,898
341,564
Shareholders' funds
47,003
341,669
For the year ending 31 March 2025 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 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 of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by
T F Tucker
Director
Company Registration No. 08020638
Aquarian Broadcast Group Limited
Notes to the Accounts
for the year ended 31 March 2025
Aquarian Broadcast Group Limited is a private company, limited by shares, registered in England and Wales, registration number 08020638. The registered office is 27 IO CENTRE, CROYDON ROAD, BEDDINGTON, CROYDON, CR0 4WQ, ENGLAND.
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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.
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.
The accounts are presented in £ sterling.
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:
Plant & machinery
15% reducing balance
Investments in shares are included at fair value.
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 provided in the accounts.
Aquarian Broadcast Group Limited
Notes to the Accounts
for the year ended 31 March 2025
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The financial statements have been prepared on a going concern basis. The company has incurred trading losses during the period; however, the directors have secured additional bank funding to support the business through its recovery. Based on cash flow forecasts and the availability of financial support, the directors believe the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2024
425,000
147,157
572,157
At 31 March 2025
425,000
147,157
572,157
At 1 April 2024
-
122,390
122,390
Charge for the year
-
3,715
3,715
At 31 March 2025
-
126,105
126,105
At 31 March 2025
425,000
21,052
446,052
At 31 March 2024
425,000
24,767
449,767
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Investments
Subsidiary undertakings
Valuation at 1 April 2024
104
Valuation at 31 March 2025
104
Amounts falling due within one year
Amounts due from group undertakings etc.
385,437
146,114
Accrued income and prepayments
94,265
7,758
Aquarian Broadcast Group Limited
Notes to the Accounts
for the year ended 31 March 2025
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
600,000
-
Trade creditors
38,025
8,970
Amounts owed to group undertakings and other participating interests
243,267
257,667
Loans from directors
647
-
Bridging Loan Disclosure:
Included in creditors falling due within one year is a bridging loan of £600,000, taken out on 14 March 2025. The loan is repayable within 12 months and carries interest at a rate of 1.25% per month. The facility is secured against company property.
At the balance sheet date, an amount of £647.21 was owed to a company director. The loan is unsecured, interest-free, and repayable on demand. No guarantees have been given or received.
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Transactions with related parties
At the balance sheet date, the company owed Broadcast Warehouse Limited, a fellow group undertaking, £243,266.78.
At the same date, the company was owed £385,436.54 by BW Broadcast Limited, also a fellow group undertaking.
During the year, the company charged:
BW Broadcast Limited a management fee of £54,000 (net), and
Broadcast Warehouse Limited a management fee of £12,000 (net).
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Average number of employees
During the year the average number of employees was 0 (2024: 0).