REGISTERED NUMBER: 03125420 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Aquajet Machining Systems Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Learner

R V Robinson

SECRETARY:

Mrs S Learner

REGISTERED OFFICE:

Unit C2 Binary Court Matrix Park

Western Avenue, Buckshaw Village

Chorley

United Kingdom

PR7 7NB

REGISTERED NUMBER:

03125420 (England and Wales)

ACCOUNTANTS:

Woodhouse Chartered Accountants

25 Netherwood Road

Manchester

M22 4BW

FIXED ASSETS

Tangible assets

4

322,423

332,741

CURRENT ASSETS

Stocks

221,597

285,454

Debtors

5

415,957

354,748

Cash at bank and in hand

209,293

729,057

846,847

1,369,259

CREDITORS

Amounts falling due within one year

6

631,404

1,130,694

NET CURRENT ASSETS

215,443

238,565

TOTAL ASSETS LESS CURRENT LIABILITIES

537,866

571,306

CREDITORS

Amounts falling due after more than one year

7

11,667

21,667

NET ASSETS

526,199

549,639

CAPITAL AND RESERVES

Called up share capital

22,222

22,222

Retained earnings

503,977

527,417

526,199

549,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

R V Robinson - Director

1.	STATUTORY INFORMATION

Aquajet Machining Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

605,385

Additions

66,526

Disposals

(16,998

)

At 31 March 2025

654,913

DEPRECIATION

At 1 April 2024

272,644

Charge for year

72,810

Eliminated on disposal

(12,964

)

At 31 March 2025

332,490

NET BOOK VALUE

At 31 March 2025

322,423

At 31 March 2024

332,741

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

405,418

343,423

Other debtors

10,539

11,325

415,957

354,748

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

7,421

8,771

Hire purchase contracts

143,640

190,000

Trade creditors

236,689

663,046

Taxation and social security

142,327

98,212

Other creditors

101,327

170,665

631,404

1,130,694

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

11,667

21,667