Aqua-Sol Ingredients Ltd

Contents

Statement of financial position	1
Notes to the Unaudited Financial Statements	2 to 7

Aqua-Sol Ingredients Ltd

(Registration number: 07965907)
Statement of financial position as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	4,667	9,333
Tangible assets	5	64,680	18,539
		69,347	27,872
Current assets
Stocks	6	79,524	130,980
Debtors	7	257,416	168,452
Cash at bank and in hand		41,241	53,585
		378,181	353,017
Creditors: Amounts falling due within one year	8	(191,108)	(184,111)
Net current assets		187,073	168,906
Total assets less current liabilities		256,420	196,778
Creditors: Amounts falling due after more than one year	8	(68,824)	(5,000)
Provisions for liabilities		(2,191)	(2,989)
Net assets		185,405	188,789
Capital and reserves
Called up share capital	9	101	101
Retained earnings		185,304	188,688
Shareholders' funds		185,405	188,789

For the financial year ending 30 April 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

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

......................................... M Laws Director

Aqua-Sol Ingredients Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1	General information

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

The address of its registered office is:
Solo House
The Courtyard
London Road
Horsham
West Sussex
RH12 1AT

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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

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 sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Aqua-Sol Ingredients Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Tax

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

The current income 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.

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 statement of financial position 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
Fittings, fixtures and equipment	25% Reducing Balance
Land and buildings	Over 10 years

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
Other intangible asset	Over 3 years on a straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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 and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories 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.

Aqua-Sol Ingredients Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 4).

Aqua-Sol Ingredients Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 May 2025	14,000	14,000
At 30 April 2026	14,000	14,000
Amortisation
At 1 May 2025	4,667	4,667
Amortisation charge	4,666	4,666
At 30 April 2026	9,333	9,333
Carrying amount
At 30 April 2026	4,667	4,667
At 30 April 2025	9,333	9,333

5	Tangible assets

	Land and buildings £	Fixtures, fittings and equipment  £	Total £
Cost or valuation
At 1 May 2025	14,651	9,416	24,067
Additions	45,558	6,508	52,066
At 30 April 2026	60,209	15,924	76,133
Depreciation
At 1 May 2025	-	5,528	5,528
Charge for the year	4,122	1,803	5,925
At 30 April 2026	4,122	7,331	11,453
Carrying amount
At 30 April 2026	56,087	8,593	64,680
At 30 April 2025	14,651	3,888	18,539

Aqua-Sol Ingredients Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

6

Stocks

	2026 £	2025 £
Raw materials and consumables	79,524	130,980

7

Debtors

Current	Note	2026 £	2025 £
Trade debtors		162,848	155,647
Amounts owed by related parties		90,010	-
Prepayments		2,367	-
Other debtors		2,191	12,805
		257,416	168,452

Aqua-Sol Ingredients Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings		14,432	10,000
Trade creditors		129,633	139,128
Taxation and social security		38,245	29,408
Accruals and deferred income		7,300	5,440
Other creditors		1,498	135
		191,108	184,111

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		68,824	5,000

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary A Shares of £1 each	100	100	100	100
Ordinary B Shares of £1 each	1	1	1	1
	101	101	101	101

10	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2026 £	2025 £
Not later than one year	31,271	19,875
Later than one year and not later than five years	31,023	42,196
	62,294	62,071

The amount of non-cancellable operating lease payments recognised as an expense during the year was £30,474 (2025 - £30,166).