Posillipo At Acqua Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07185230 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2025

for

Posillipo At Acqua Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V Esposito

E Tammaro

SECRETARY:

REGISTERED OFFICE:

14 Albion Street

Broadstairs

United Kingdom

Kent

CT10 1LU

REGISTERED NUMBER:

07185230 (England and Wales)

ACCOUNTANTS:

Richmond Barnes Limited

Bayspace

153 Mortimer Street

Herne Bay

Kent

CT6 5HA

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

37,450

45,596

37,450

45,596

CURRENT ASSETS

Stocks

9,818

8,818

Debtors

6

365,720

406,744

Cash at bank

569,579

359,662

945,117

775,224

CREDITORS

Amounts falling due within one year

7

426,509

346,502

NET CURRENT ASSETS

518,608

428,722

TOTAL ASSETS LESS CURRENT
LIABILITIES

556,058

474,318

CREDITORS

Amounts falling due after more than one
year

8

-

5,274

NET ASSETS

556,058

469,044

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

555,058

468,044

556,058

469,044

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 20th April 2026 and were signed on its behalf by:

V Esposito - Director

E Tammaro - Director

1.	STATUTORY INFORMATION

Posillipo At Acqua 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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 0, is being amortised evenly over its estimated useful life of nil 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.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st May 2024

and 30th April 2025

20,000

AMORTISATION

At 1st May 2024

and 30th April 2025

20,000

NET BOOK VALUE

At 30th April 2025

-

At 30th April 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st May 2024

5,894

200,207

206,101

Additions

-

4,337

At 30th April 2025

5,894

204,544

210,438

DEPRECIATION

At 1st May 2024

5,894

154,611

160,505

Charge for year

-

12,483

At 30th April 2025

5,894

167,094

172,988

NET BOOK VALUE

At 30th April 2025

-

37,450

At 30th April 2024

-

45,596

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Amounts owed by group undertakings

319,809

405,994

Other debtors

45,911

750

365,720

406,744

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts

12,743

7,595

Hire purchase contracts

-

5,627

Trade creditors

100,965

79,250

Amounts owed to group undertakings

75,950

71,752

Taxation and social security

204,079

161,376

Other creditors

32,772

20,902

426,509

346,502

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

Hire purchase contracts

-

5,274