REGISTERED NUMBER: 03719302 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

AQUAJOY WATER GARDENS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I N Owen

S J Owen

SECRETARY:

S J Owen

REGISTERED OFFICE:

Unit 15, No. 2

Bulrushes Business Park

Coombe Hill Road

East Grinstead

West Sussex

RH19 4LZ

REGISTERED NUMBER:

03719302 (England and Wales)

ACCOUNTANTS:

Hockley Wright & Co. Ltd.

Unit 15, No. 2

Bulrushes Business Park

Coombe Hill Road

East Grinstead

West Sussex

RH19 4LZ

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

26,657

43,862

26,657

43,862

CURRENT ASSETS

Stocks

7

15,869

14,876

Debtors

8

101,978

137,416

Cash at bank and in hand

65,659

150,209

183,506

302,501

CREDITORS

Amounts falling due within one year

9

111,640

126,885

NET CURRENT ASSETS

71,866

175,616

TOTAL ASSETS LESS CURRENT LIABILITIES

98,523

219,478

CREDITORS

Amounts falling due after more than one year

10

43,846

60,195

NET ASSETS

54,677

159,283

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

54,577

159,183

SHAREHOLDERS' FUNDS

54,677

159,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 28 November 2025 and were signed on its behalf by:

I N Owen - Director

1.	STATUTORY INFORMATION

Aquajoy Water Gardens 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.

2.	STATEMENT OF COMPLIANCE

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. There have been no material departures from FRS102.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

Deferred tax is recognised, if material, in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

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

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.

Change in basis of accounting

The company has transferred from previously extant UK GAAP to FRS 102 as at 1 April 2016. The transition has resulted in certain presentational changes, which are disclosed in Note 12 to the financial statements. However, there is no impact on the reported financial position and financial performance.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 19 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

40,000

AMORTISATION

At 1 April 2024

and 31 March 2025

40,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

9,723

200,088

6,063

215,874

Disposals

-

(15,729

)

-

(15,729

)

At 31 March 2025

9,723

184,359

6,063

200,145

DEPRECIATION

At 1 April 2024

9,723

156,227

6,062

172,012

Charge for year

-

17,205

-

17,205

Eliminated on disposal

-

(15,729

)

-

(15,729

)

At 31 March 2025

9,723

157,703

6,062

173,488

NET BOOK VALUE

At 31 March 2025

-

26,656

1

26,657

At 31 March 2024

-

43,861

1

43,862

Included within the net book value of motor vehicles above, is £25,407 (2023/24 £41,360) relating to motor vehicles held under hire purchase contracts.

7.

STOCKS

31.3.25

31.3.24

£

£

Stocks

15,869

14,876

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

86,177

130,576

Prepayments and accrued income

15,801

6,840

101,978

137,416

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts (see note 11)

6,732

6,733

Trade creditors

10,588

1,686

Taxation and social security

69,053

108,463

Other creditors

25,267

10,003

111,640

126,885

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

13,104

22,721

Hire purchase contracts (see note 11)

30,742

37,474

43,846

60,195

11.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.25

31.3.24

£

£

Net obligations repayable:

Within one year

6,732

6,733

Between one and five years

30,742

37,474

37,474

44,207

Non-cancellable

operating leases

31.3.25

31.3.24

£

£

Between one and five years

-

39,750

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

13.	ULTIMATE CONTROLLING PARTY