REGISTERED NUMBER: 07808220 (England and Wales)

Aqua Financial Limited

Financial Statements for the Year Ended 30th June 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C J Bennett

F Meachem

B C Soulby

M Turner

SECRETARIES:

R Bennett

J H Bennett

REGISTERED OFFICE:

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

REGISTERED NUMBER:

07808220 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

FIXED ASSETS

Intangible assets

4

123,478

152,454

Tangible assets

5

4,921

6,634

128,399

159,088

CURRENT ASSETS

Debtors

6

167,953

67,374

Cash at bank

55,668

67,470

223,621

134,844

CREDITORS

Amounts falling due within one year

7

(192,397

)

(113,631

)

NET CURRENT ASSETS

31,224

21,213

TOTAL ASSETS LESS CURRENT LIABILITIES

159,623

180,301

CAPITAL AND RESERVES

Called up share capital

1,269,674

1,269,674

Retained earnings

9

(1,110,051

)

(1,089,373

)

SHAREHOLDERS' FUNDS

159,623

180,301

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th November 2025 and were signed on its behalf by:

C J Bennett - Director

1.	STATEMENT OF COMPLIANCE

Aqua Financial Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is 2 Oriel Court, Omega Park, Alton, GU34 2YT. The registration number is 07808220.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Goodwill

Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. The period chosen for writing off goodwill is 5 and 20 years. Provision is made for any impairment.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office Equipment

-

25% on cost

Computer equipment

-

25% on cost

Financial instruments

Financial assets and financial liabilities are recognised when Aqua Financial Limited becomes party to the contractual provisions of the financial instrument.

Cash and cash equivalents

These comprise cash at bank.

Debtors

Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Creditors

Creditors are not interest bearing and are stated at their nominal value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The principal shareholder and director has confirmed continued financial support of the business.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to the profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit or loss over the relevant period on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st July 2024

380,561

Additions

12,552

At 30th June 2025

393,113

AMORTISATION

At 1st July 2024

228,107

Charge for year

41,528

At 30th June 2025

269,635

NET BOOK VALUE

At 30th June 2025

123,478

At 30th June 2024

152,454

5.	TANGIBLE FIXED ASSETS

Office

Computer

Equipment

equipment

Totals

£

£

£

COST

At 1st July 2024

12,761

22,667

35,428

Additions

-

1,824

1,824

At 30th June 2025

12,761

24,491

37,252

DEPRECIATION

At 1st July 2024

12,397

16,397

28,794

Charge for year

188

3,349

3,537

At 30th June 2025

12,585

19,746

32,331

NET BOOK VALUE

At 30th June 2025

176

4,745

4,921

At 30th June 2024

364

6,270

6,634

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

114,232

52,018

Other debtors

44,311

-

Prepayments and accrued income

9,410

15,356

167,953

67,374

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

16,215

15,576

Social security and other taxes

18,281

13,513

Other creditors

108,411

72,761

Pension creditor

2,690

2,409

Directors' current accounts

40,200

4,800

Accrued expenses

6,600

4,572

192,397

113,631

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

11,950

8,658

Between one and five years

18,102

13,125

30,052

21,783

9.

RESERVES

Retained

earnings

£

At 1st July 2024

(1,089,373

)

Deficit for the year

(20,678

)

At 30th June 2025

(1,110,051

)