AQUA ENVIRONMENTAL SERVICES LTD

Registered number

11242110

Unaudited Filleted Accounts

31 December 2024

AQUA ENVIRONMENTAL SERVICES LTD
Registered number:		11242110
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		130,600			135,385

Current assets
Stocks		3,200			4,000
Debtors	4	134,863			166,528
Cash at bank and in hand		29,366			90,502
		167,429			261,030

Creditors: amounts falling due within one year	5	(203,463)			(203,726)

Net current (liabilities)/assets			(36,034)			57,304

Total assets less current liabilities			94,566			192,689

Creditors: amounts falling due after more than one year	6		(46,775)			(41,370)



Net assets			47,791			151,319

Capital and reserves
Called up share capital			100			100
Profit and loss account			47,691			151,219

Shareholders' funds			47,791			151,319

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Bull
Director
Approved by the board on 9 December 2025

AQUA ENVIRONMENTAL SERVICES LTD
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles	20% Written Down Value
	Fixtures, fittings, tools and equipment	15 % Written Down Value

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			19		13


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2024	63,355		126,960		190,315
	Additions	10,270		43,265		53,535
	Disposals	-		(45,120)		(45,120)
	At 31 December 2024	73,625		125,105		198,730

	Depreciation
	At 1 January 2024	22,319		32,611		54,930
	Charge for the year	7,696		21,747		29,443
	On disposals	-		(16,243)		(16,243)
	At 31 December 2024	30,015		38,115		68,130

	Net book value
	At 31 December 2024	43,610		86,990		130,600
	At 31 December 2023	41,036		94,349		135,385


4	Debtors			2024		2023
£					£

	Trade debtors			120,857		164,394
	Other debtors			14,006		2,134
				134,863		166,528


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Bank loans and overdrafts			5,220		5,400
	Obligations under finance lease and hire purchase contracts			33,064		60,783
	Trade creditors			21,498		24,590
	Taxation and social security costs			99,964		86,118
	Other creditors			43,717		26,835
				203,463		203,726


6	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			1,997		6,402
	Obligations under finance lease and hire purchase contracts			44,778		34,968
				46,775		41,370


7	Other information

	AQUA ENVIRONMENTAL SERVICES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 10 Crusader Business Park
	Stephenson Road
	Clacton on Sea
	Essex
	CO15 4TN