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AQUAMATIX SOLUTIONS LIMITED (FORMERLY AQUAMATIX LIMITED)
REGISTERED NUMBER: 07601220
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ABBREVIATED BALANCE SHEET
AS AT 30 SEPTEMBER 2015
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CREDITORS: amounts falling due within one year
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TOTAL ASSETS LESS CURRENT LIABILITIES
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The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 September 2015 and of its loss for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The abbreviated accounts, which have been prepared in accordance with the provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by:
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AQUAMATIX SOLUTIONS LIMITED (FORMERLY AQUAMATIX LIMITED)
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NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
1.ACCOUNTING POLICIES
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Basis of preparation of financial statements
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The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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The financial statements have been prepared on a going concern basis, despite the net current liabilities, due to the continuing support of the director for the forseeable future.
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Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.
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Tangible fixed assets and depreciation
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Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
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2.TANGIBLE FIXED ASSETS
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AQUAMATIX SOLUTIONS LIMITED (FORMERLY AQUAMATIX LIMITED)
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NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
3.SHARE CAPITAL
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Allotted, called up and fully paid
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100 Ordinary shares of £1 each
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4.RELATED PARTY TRANSACTIONS
At the balance sheet date the company owed £170,259 (2014: £123,339) to L Reynolds and £2,794 (2014: £2,794) to J Bechtel, the directors of the company.
5.ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY
The ultimate parent company in the current year is Aquamatix Holdings Limited, a company registered in England and Wales.
The ultimate controlling party is L Reynolds by virtue of his majority shareholding in the parent company.
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