Abbreviated Company Accounts - AQUARIUS COMMERCE LIMITED

AQUARIUS COMMERCE LIMITED - Company Information

Registered Number 03167421

AQUARIUS COMMERCE LIMITED

Abbreviated Accounts

31 January 2016

AQUARIUS COMMERCE LIMITED Registered Number 03167421

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	5,935	5,935
Tangible assets	3	196,136	197,212
		202,071	203,147
Current assets
Stocks		500	500
Debtors		15,000	15,000
Cash at bank and in hand		885	2,947
		16,385	18,447
Creditors: amounts falling due within one year		(53,830)	(30,348)
Net current assets (liabilities)		(37,445)	(11,901)
Total assets less current liabilities		164,626	191,246
Creditors: amounts falling due after more than one year		(92,666)	(105,280)
Total net assets (liabilities)		71,960	85,966
Capital and reserves
Called up share capital		4	4
Profit and loss account		71,956	85,962
Shareholders' funds		71,960	85,966

For the year ending 31 January 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 October 2016

And signed on their behalf by:
Mr S Cheikh, Director

AQUARIUS COMMERCE LIMITED Registered Number 03167421

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared in accordance with the special provisions
relating to small companies within Part 15 of the Companies Act 2006 and with
the Financial Reporting Standard for Smaller Entities (effective April 2008)

Turnover policy
Turnover is the total amount receivable by the company in the ordinary course of
business from outside customers for services provided and any goods supplied
excluding VAT The turnover and operating costs are attributable to the principal
activity of the business being that of a restaurant and rental income

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less deprecation Depreciation is calculated
on the reducing balance method and aims to write down cost less estimated residual
value of all tangible fixed assets over their expected useful lives The rates are as
follows

Fixtures & Fittings 15%

2Intangible fixed assets

	£
Cost
At 1 February 2015	5,935
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	5,935
Amortisation
At 1 February 2015	-
Charge for the year	-
On disposals	-
At 31 January 2016	-
Net book values
At 31 January 2016	5,935
At 31 January 2015	5,935

3Tangible fixed assets

	£
Cost
At 1 February 2015	250,344
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	250,344
Depreciation
At 1 February 2015	53,132
Charge for the year	1,076
On disposals	-
At 31 January 2016	54,208
Net book values
At 31 January 2016	196,136
At 31 January 2015	197,212