Registration number: 04695086

Aquatrust Water and Ventilation Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Aquatrust Water and Ventilation Limited

(Registration number: 04695086)
Balance Sheet as at 31 March 2026

	Note	2026 £		2025 £
Fixed assets
Intangible assets	4		39,132		13,975
Tangible assets	5		149,286		54,726
			188,418		68,701
Current assets
Stocks		1,000		1,000
Debtors	6	344,364		300,437
Cash at bank and in hand		315,818		208,970
		661,182		510,407
Creditors: Amounts falling due within one year	7	(523,785)		(379,364)
Net current assets			137,397		131,043
Total assets less current liabilities			325,815		199,744
Creditors: Amounts falling due after more than one year	7		(83,847)		-
Provisions for liabilities			(20,000)		(14,000)
Net assets			221,968		185,744
Capital and reserves
Called up share capital	8	400		400
Capital redemption reserve		600		600
Retained earnings		220,968		184,744
Shareholders' funds			221,968		185,744

Aquatrust Water and Ventilation Limited

(Registration number: 04695086)
Balance Sheet as at 31 March 2026

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 June 2026 and signed on its behalf by:
 

......................................... P D Kenny Director

Aquatrust Water and Ventilation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Grange
92 Whitcliffe Road
Cleckheaton
West Yorkshire
BD19 3DR

These financial statements were authorised for issue by the Board on 22 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including the disclosure and presentation requirements of Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentation currency is pound sterling.

Summary of disclosure exemptions

The company has taken advantage of the exemption under Financial Reporting Standard 102 Section 1AC.35 from disclosing transactions and balances with fellow group undertakings that are wholly owned.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably and it is probable that future economic benefits will flow to the entity.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Aquatrust Water and Ventilation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & fittings	25% & 30% reducing balance
Plant and machinery	25 % reducing balance
Motor vehicles	25% reducing balance

Intangible assets

Software are shown at historical costs.

Software are recognised at fair value at the acquisition date.

Software have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Software	30% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Aquatrust Water and Ventilation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Aquatrust Water and Ventilation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
 

3	Staff numbers

The average number of persons employed during the year (including directors) was 41 (2025 - 39).

Aquatrust Water and Ventilation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

	Software  £	Total £
Cost or valuation
At 1 April 2025	13,975	13,975
Additions acquired separately	41,925	41,925
At 31 March 2026	55,900	55,900
Amortisation
Amortisation charge	16,768	16,768
At 31 March 2026	16,768	16,768
Carrying amount
At 31 March 2026	39,132	39,132
At 31 March 2025	13,975	13,975

The aggregate amount of research and development expenditure recognised as an expense during the period is £50,646 (2025 - £35,156).
 

5	Tangible assets

	Fixtures & fittings  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2025	150,386	74,037	51,222	275,645
Additions	10,996	115,495	7,714	134,205
Disposals	-	(3,203)	-	(3,203)
At 31 March 2026	161,382	186,329	58,936	406,647
Depreciation
At 1 April 2025	135,716	45,098	40,105	220,919
Charge for the year	7,707	25,876	4,710	38,293
Eliminated on disposal	-	(1,851)	-	(1,851)
At 31 March 2026	143,423	69,123	44,815	257,361
Carrying amount
At 31 March 2026	17,959	117,206	14,121	149,286
At 31 March 2025	14,670	28,939	11,117	54,726

Aquatrust Water and Ventilation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6

Debtors

Current	2026 £	2025 £
Trade debtors	311,465	251,369
Prepayments	32,899	49,018
Other debtors	-	50
	344,364	300,437

7

Creditors

	2026 £	2025 £
Due within one year
Loans and borrowings	16,953	-
Trade creditors	106,050	78,810
Amounts owed to group undertakings	-	77
Taxation and social security	247,031	227,338
Accruals and deferred income	153,405	72,038
Other creditors	346	1,101
	523,785	379,364

Creditors due within one year include net obligations under finance lease and hire purchase contracts of £16,953 (2025 - £nil). Finance lease and hire purchase contracts are secured on the assets to which they relate.

	2026 £	2025 £
Due after one year
Loans and borrowings	83,847	-