Aquachill Water Coolers Limited - Accounts to registrar (filleted) - small 18.1

Aquachill Water Coolers Limited - Accounts to registrar (filleted) - small 18.1

AQUACHILL WATER COOLERS LIMITED - Company Information

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REGISTERED NUMBER: 07200181 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

AQUACHILL WATER COOLERS LIMITED
AQUACHILL WATER COOLERS LIMITED (REGISTERED NUMBER: 07200181)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


AQUACHILL WATER COOLERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTOR: T Glaister





REGISTERED OFFICE: Unit 26 Boxted Farm
Berkhamsted Road
Hemel Hempstead
Hertfordshire
HP1 2SG





REGISTERED NUMBER: 07200181 (England and Wales)





ACCOUNTANTS: Novitt Harris & Co Limited
Chartered Accountants
Ver House
London Road
Markyate
Hertfordshire
AL3 8JP
Page 1
AQUACHILL WATER COOLERS LIMITED (REGISTERED NUMBER: 07200181)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 23,982 22,819
23,982 22,819

CURRENT ASSETS
Stocks 31,600 27,260
Debtors 33,238 31,873
Cash at bank 8,290 9,023
73,128 68,156
CREDITORS
Amounts falling due within one year 68,132 61,063
NET CURRENT ASSETS 4,996 7,093
TOTAL ASSETS LESS CURRENT
LIABILITIES
28,978
29,912

CREDITORS
Amounts falling due after more than one
year
6
(23,628
)
(24,872
)

PROVISIONS FOR LIABILITIES (4,557 ) (4,564 )
NET ASSETS 793 476

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 693 376
SHAREHOLDERS' FUNDS 793 476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
AQUACHILL WATER COOLERS LIMITED (REGISTERED NUMBER: 07200181)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 15 August 2018 and were signed by:





T Glaister - Director


The notes form part of these financial statements

Page 3
AQUACHILL WATER COOLERS LIMITED (REGISTERED NUMBER: 07200181)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

Aquachill Water Coolers 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on cost and 20% on cost

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 4 ) .

Page 4 continued...
AQUACHILL WATER COOLERS LIMITED (REGISTERED NUMBER: 07200181)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2017
and 31 March 2018 2,500
AMORTISATION
At 1 April 2017
and 31 March 2018 2,500
NET BOOK VALUE

At 31 March 2018 -
At 31 March 2017 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2017 54,333
Additions 13,691
Disposals (11,085 )
At 31 March 2018 56,939
DEPRECIATION
At 1 April 2017 31,514
Charge for year 12,528
Eliminated on disposal (11,085 )
At 31 March 2018 32,957
NET BOOK VALUE
At 31 March 2018 23,982
At 31 March 2017 22,819

Page 5 continued...
AQUACHILL WATER COOLERS LIMITED (REGISTERED NUMBER: 07200181)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as
follows:

Totals
£   
COST
At 1 April 2017 35,045
Additions 13,133
At 31 March 2018 48,178
DEPRECIATION
At 1 April 2017 13,438
Charge for year 12,045
At 31 March 2018 25,483
NET BOOK VALUE
At 31 March 2018 22,695
At 31 March 2017 21,607

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.3.18 31.3.17
£    £   
Repayable by instalments
Hire purchase 9,237 16,406

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £5,000 were paid to the director .

Page 6