02477468falseElectrical wholesaler2024-05-012025-04-30http://www.companieshouse.gov.uk/2024-04-30http://www.companieshouse.gov.uk/cd:CompanySecretary12024-05-012025-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-04-30http://www.companieshouse.gov.uk/cd:Director12024-05-012025-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2025-04-30http://www.companieshouse.gov.uk/cd:Director22024-05-012025-04-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-04-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-04-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-05-012025-04-30http://www.companieshouse.gov.uk/pt:MotorCars2024-04-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-04-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-05-012025-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-05-012025-04-30http://www.companieshouse.gov.uk/pt:MotorCars2025-04-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-05-012025-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-04-30http://www.companieshouse.gov.uk/2024-05-012025-04-30http://www.companieshouse.gov.uk/2024-04-30http://www.companieshouse.gov.uk/cd:FRS1022024-05-012025-04-30http://www.companieshouse.gov.uk/2025-04-30http://www.companieshouse.gov.uk/cd:FullAccounts2024-05-012025-04-30http://www.companieshouse.gov.uk/pt:LandBuildings2024-04-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-05-012025-04-30http://www.companieshouse.gov.uk/pt:LandBuildings2025-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02477468
Aqualeague Limited
ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2025
Prepared By:
O'Connell & Co
The Barn
12a High Street
Wheathampstead
Herts
AL4 8AA
Aqualeague Limited
ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2025
DIRECTORS
George Edward Francis
Pauline Elizabeth Francis
SECRETARY
Pauline Elizabeth Francis
REGISTERED OFFICE
The Barn
12a High Street
Wheathampstead
Hertfordshire
AL4 8AA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02477468
ACCOUNTANTS
O'Connell & Co
The Barn
12a High Street
Wheathampstead
Herts
AL4 8AA
Aqualeague Limited
ACCOUNTS
FOR THEYEARENDED30 APRIL 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Aqualeague Limited
BALANCE SHEET AT 30 April 2025
20252024
Notes££
FIXED ASSETS
Tangible assets356,05358,882
CURRENT ASSETS
Stock30,41250,343
Debtors518,78127,616
Cash at bank and in hand7,80812,524
57,00190,483
CREDITORS: Amounts falling due within one year654,04050,249
NET CURRENT ASSETS2,96140,234
TOTAL ASSETS LESS CURRENT LIABILITIES59,01499,116
PROVISIONS FOR LIABILITIES AND CHARGES7450635
NET ASSETS58,56498,481
CAPITAL AND RESERVES
Called up share capital8200200
Profit and loss account58,36498,281
SHAREHOLDERS' FUNDS58,56498,481
For the year ending 30 April 2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 27 November 2025 and signed on their behalf by
.............................
George Edward Francis
Director
Aqualeague Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%
Fixtures and Fittingsreducing balance 20%
Equipmentstraight line 33%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20252024
No.No.
Average number of employees22
Aqualeague Limited
3. TANGIBLE FIXED ASSETS
Land AndFixtures
Buildingsand FittingsEquipmentMotor CarsTotal
£££££
Cost
At 1 May 2024129,6257432,05924,861157,288
Additions--900-900
At 30 April 2025129,6257432,95924,861158,188
Depreciation
At 1 May 202474,0917142,05821,54298,405
For the year2,59373008303,730
At 30 April 202576,6847212,35822,372102,135
Net Book Amounts
At 30 April 202552,941226012,48956,053
At 30 April 202455,5342913,31958,883
4. STOCK 20252024
££
Stock comprises:
Stock of finished goods30,41250,343
30,41250,343
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors15,64126,888
Prepayments615728
16,25627,616
Aqualeague Limited
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax66
VAT2,4451,522
PAYE control10,0293,098
Directors current account24,55318,212
Trade creditors10,91716,455
Other creditors-4,686
Accruals6,0906,270
54,04050,249
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation450635
450635
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100 Convertible A Ordinary of £1 each100100
200200