Company No: 03240347 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	54,311		70,941
		54,311		70,941
Current assets
Stocks	4	41,096		78,791
Debtors	5	277,068		379,715
Cash at bank and in hand		520,458		387,156
		838,622		845,662
Creditors: amounts falling due within one year	6	( 418,256)		( 355,062)
Net current assets		420,366		490,600
Total assets less current liabilities		474,677		561,541
Creditors: amounts falling due after more than one year	7	0		( 21,571)
Net assets		474,677		539,970
Capital and reserves
Called-up share capital		362,400		362,400
Share premium account		6,369		5,990
Other reserves		0		( 2,106 )
Profit and loss account		105,908		173,686
Total shareholders' funds		474,677		539,970

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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Aquarium Technology Limited (registered number: 03240347) were approved and authorised for issue by the Board of Directors on 22 September 2026. They were signed on its behalf by:

K M Turner Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Aquarium Technology Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 18 Cumberland Drive Granby Industrial Estate, Weymouth, DT4 9TB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	5 years straight line
Plant and machinery	5 years straight line
Vehicles	5 years straight line
Office equipment	4 years straight line

Stocks

Stocks are materials stated at net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	18		17

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£		£
Cost
At 01 April 2025	54,974		105,240		47,579		30,039		237,832
Additions	0		2,373		0		3,268		5,641
At 31 March 2026	54,974		107,613		47,579		33,307		243,473
Accumulated depreciation
At 01 April 2025	30,550		64,796		47,579		23,966		166,891
Charge for the financial year	10,497		9,657		0		2,117		22,271
At 31 March 2026	41,047		74,453		47,579		26,083		189,162
Net book value
At 31 March 2026	13,927		33,160		0		7,224		54,311
At 31 March 2025	24,424		40,444		0		6,073		70,941

4. Stocks

	2026		2025
	£		£
Stocks	18,974		53,585
Work in progress	22,122		25,206
	41,096		78,791

5. Debtors

	2026		2025
	£		£
Trade debtors	159,616		315,482
Other debtors	117,452		64,233
	277,068		379,715

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	21,664		20,100
Trade creditors	78,233		44,571
Taxation and social security	35,569		117,166
Other creditors	282,790		173,225
	418,256		355,062

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		21,571

There are no amounts included above in respect of which any security has been given by the small entity.

8. Financial commitments

Commitments

Capital commitments are as follows:

	2026		2025
	£		£
Contracted for but not provided for:
Finance leases entered into	155,391		241,892

The commitment relates to a non-cancellable operating lease in respect of the company's leasehold property.