2024-09-01 2025-08-31 08486645 NEPTUNE AQUATICS (SOCIAL ENTERPRISE) Ltd false 08486645 2024-09-01 2025-08-31 08486645 uk-bus:Director1 2024-09-01 2025-08-31 08486645 uk-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 08486645 uk-bus:SmallEntities 2024-09-01 2025-08-31 08486645 uk-bus:FullAccounts 2024-09-01 2025-08-31 08486645 uk-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 08486645 2024-09-01 08486645 2025-08-31 08486645 2024-08-31 xbrli:pure iso4217:GBP 08486645 2023-09-01 2024-08-31
Company Registration Number : 08486645 (England and Wales)
08486645
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-08-31
false
NEPTUNE AQUATICS (SOCIAL ENTERPRISE) Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-09-01
NEPTUNE AQUATICS (SOCIAL ENTERPRISE) Ltd
Unaudited filleted financial statements
For the year ended 31 August 2025
NEPTUNE AQUATICS (SOCIAL ENTERPRISE) Ltd
Contents
For the year ended 31 August 2025
CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


NEPTUNE AQUATICS (SOCIAL ENTERPRISE) Ltd
Company Information
For the year ended 31 August 2025
Company registration number 08486645 (England and Wales)
Directors Oliver Michael Lee
David James Edney Westbrook
Registered office address Office 1
11A Church Street
Melksham
Wiltshire, England
SN12 6LS
Accountant Barnett and Co Accountants Limited
Chartered Management Accountants
24A High Street, Melksham
Wiltshire
SN12 6LA
NEPTUNE AQUATICS (SOCIAL ENTERPRISE) Ltd
Statement of Financial Position
For the year ended 31 August 2025
2025 2024
Notes £ £
Fixed assets
Property, plant and equipment 1,532 2,139
5 1,532 2,139
Current assets
Inventories 2,642 4,523
Debtors 13,820 9,768
Corporation tax receivable - 1,515
Cash and cash equivalents 1,923 1,111
18,384 16,916
Current liabilities
Creditors: Amounts falling due within one year (105,134) (95,362)
(105,134) (95,362)
Net current (liabilities)/assets (86,750) (78,446)
Total assets less current liabilities (85,218) (76,307)
Non-current liabilities
Creditors: Amounts falling due after more than one year (1,497) (16,328)
Net (liabilities)/assets (86,715) (92,636)
Capital and reserves
Retained earnings (86,715) (92,636)
Shareholder's funds (86,715) (92,636)
For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 August 2025 the company was entitled to exemption from audit 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 24 April 2026
.............................
David James Edney Westbrook (Director)
Company registration number: 08486645
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2025-08-31 31 August 2025
2025 2024
£ £
Fixed Assets 1,532 2,139
Current Assets 18,384 16,916
Creditors: amounts falling due within one year (105,134) (95,362)
Net current assets/(liabilities) (86,750) (78,446)
Total assets less current liabilities (85,218) (76,307)
CREDITORS: Amounts falling due more than one year (1,497) (16,328)
Net Assets/(liabilities) (86,715) (92,636)
Capital and Reserves (86,715) (92,636)
For the year ending 31/08/2025 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. For the year ending 31-08-2025 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 for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 24 April 2026 2026-04-24 and signed on behalf of the board,
.............................
David James Edney Westbrook
Director
Company registration number: 08486645
NEPTUNE AQUATICS (SOCIAL ENTERPRISE) Ltd
Notes to the Financial Statements
For the year ended 31 August 2025
(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Office 1, 11A Church Street, Melksham, Wiltshire, England, SN12 6LS.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings20% reducing balance
Equipment33% straight line
Motor Cars
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases.

The company as lessee

Assets held under finance leases are initially recognised as assets of the company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in the income statement.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases,the aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis over the lease period.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 42 (2024 : 42).

(5) Fixed assets
Tangible

£
Cost
As at 01 September 202417,286
As at 31 August 202517,286
Depreciation/Amortisation
As at 01 September 202415,147
For the year607
As at 31 August 202515,754
Net book value
As at 31 August 20251,532
As at 31 August 20242,139