Head Squared Aquatics Limited

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—5

Registered number: 05971683

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		348		471

			348		471
CURRENT ASSETS
Debtors	5	10,863		4,983
Cash at bank and in hand		12,167		8,449

		23,030		13,432
Creditors: Amounts Falling Due Within One Year	6	(23,673 )		(15,472 )

NET CURRENT ASSETS (LIABILITIES)			(643 )		(2,040 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(295 )		(1,569 )

Creditors: Amounts Falling Due After More Than One Year	7		(663 )		(9,898 )

NET LIABILITIES			(958 )		(11,467 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(959 )		(11,468 )

SHAREHOLDERS' FUNDS			(958)		(11,467)

Page 1

Page 2

Head Squared Aquatics Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Timothy Head

Director

06/11/2025

The notes on pages 4 to 5 form part of these financial statements.

1. General Information

Head Squared Aquatics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05971683 . The registered office is 203 West Street, Fareham, Hampshire, United Kingdom, PO16 0EN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25%SLM
Computer Equipment	25%SLM

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 November 2024	10,694	4,689	15,383

As at 31 October 2025	10,694	4,689	15,383

Depreciation
As at 1 November 2024	10,694	4,218	14,912
Provided during the period	-	123	123

As at 31 October 2025	10,694	4,341	15,035

Net Book Value
As at 31 October 2025	-	348	348

As at 1 November 2024	-	471	471

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Page 5

Head Squared Aquatics Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	6,332	4,268
Other debtors	3,075	715

	9,407	4,983
Due after more than one year
Corporation tax recoverable assets	1,456	-

	10,863	4,983

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,165	2,711
Bank loans and overdrafts	9,137	9,137
Corporation tax	2,395	-
Other taxes and social security	387	387
VAT	2,176	1,343
Other creditors	1,080	1,080
Accruals and deferred income	814	814
Directors' loan accounts	519	-

	23,673	15,472

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	663	9,898

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mr Giles Head	57	-	(316 )	-	(259 )
Mr Timothy Head	57	-	(317 )	-	(260 )

The above loan is unsecured, interest free and repayable on demand.

Page 5

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 November 2023	1	(3,650 )	(3,649)
Loss for the year and total comprehensive income	-	(7,818 )	(7,818)

As at 31 October 2024 and 1 November 2024	1	(11,468 )	(11,467)


Profit for the year and total comprehensive income	-	10,509	10,509

Dividends paid	-	-	-

As at 31 October 2025	1	(959 )	(958)