Aquasign Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: SC518023

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		17,414		17,414
Tangible Assets	5		88,233		108,715

			105,647		126,129
CURRENT ASSETS
Stocks	6	124,293		154,794
Debtors	7	326,244		253,178
Cash at bank and in hand		117,549		30,691

		568,086		438,663
Creditors: Amounts Falling Due Within One Year	8	(328,765 )		(446,886 )

NET CURRENT ASSETS (LIABILITIES)			239,321		(8,223 )

TOTAL ASSETS LESS CURRENT LIABILITIES			344,968		117,906

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,875 )		(7,078 )

NET ASSETS			342,093		110,828

CAPITAL AND RESERVES
Called up share capital	9		52,346		52,346
Share premium account			11,034		11,034
Profit and Loss Account			278,713		47,448

SHAREHOLDERS' FUNDS			342,093		110,828

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Aquasign Limited

Balance Sheet (continued)

As At 31 March 2026

For the 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.

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

Miss Nicola Roberts

Director

03/07/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Aquasign Limited is a private company, limited by shares, incorporated in Scotland, registered number SC518023 . The registered office is Office 19 @ Balmoralhub First Floor, Building 1,, 1 Balmoral Business Park, Loriston, Aberdeen, AB12 3JG.

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are Trademarks and Patents. Not amortised - recognised at cost throughout useful life.

2.4. 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:

Leasehold	Straight line basis 5 years
Plant & Machinery	Straight line basis 5 years
Fixtures & Fittings	Straight line basis 5 years
Computer Equipment	Straight line basis 3 years

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Aquasign Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2025: 11)

4. Intangible Assets

	Intellectual Property
	£
Cost
As at 1 April 2025	17,414

As at 31 March 2026	17,414

Net Book Value
As at 31 March 2026	17,414

As at 1 April 2025	17,414

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	189,463	1,852	77,299	268,614
Additions	7,744	-	1,717	9,461

As at 31 March 2026	197,207	1,852	79,016	278,075

...CONTINUED

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Aquasign Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	84,859	1,841	73,199	159,899
Provided during the period	27,617	-	2,326	29,943

As at 31 March 2026	112,476	1,841	75,525	189,842

Net Book Value
As at 31 March 2026	84,731	11	3,491	88,233

As at 1 April 2025	104,604	11	4,100	108,715

6. Stocks

	2026	2025
	£	£
Stock	124,293	154,794

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	291,216	214,310
Prepayments and accrued income	34,706	36,606
VAT	-	2,262
Net wages	322	-

	326,244	253,178

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	66,676	19,730
Corporation tax	135,533	58,363
Other taxes and social security	11,262	11,502
VAT	24,540	-
Net wages	-	2,727
Other creditors	12,615	12,615
Accruals and deferred income	78,139	72,487
Amounts owed to group undertakings	-	269,462

	328,765	446,886

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	52,346	52,346

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Aquasign Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Related Party Transactions

The related parties of the company are the ultimate parent entity Aquasign EOT Trustees Limited and the subsidiary entity Aquasign Markers Limited. All the entities are registered in Scotland at Balmoral Business Park, Loirston, Aberdeen, AB12 3JG.

Exemption is taken from disclosure of transactions entered into between two or more members of a group, where subsidiaries are wholly owned. There were no other related parties with which the company has transacted.

11. Ultimate Controlling Party

The company's ultimate controlling party is Aquasign EOT Trustees Limited by virtue of his ownership of 100% of the issued share capital in the company.

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