AQUATECH_SERVICES_LIMITED - Accounts


Company Registration No. 03546135 (England and Wales)
AQUATECH SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018
PAGES FOR FILING WITH REGISTRAR
AQUATECH SERVICES LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
Notes to the financial statements
2 - 4
AQUATECH SERVICES LIMITED
BALANCE SHEET
AS AT 30 APRIL 2018
30 April 2018
- 1 -
2018
2017
Notes
£
£
£
£
Fixed assets
Tangible assets
3
27,639
33,856
Current assets
Debtors
4
68,170
122,979
Cash at bank and in hand
54,891
25,954
123,061
148,933
Creditors: amounts falling due within one year
5
(114,878)
(141,468)
Net current assets
8,183
7,465
Total assets less current liabilities
35,822
41,321
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
35,821
41,320
Total equity
35,822
41,321

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 24 September 2018
Mr M  McCormack
Director
Company Registration No. 03546135
AQUATECH SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018
- 2 -
1
Accounting policies
Company information

Aquatech Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 180 Great Portland Street, London, W1W 5QZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover represents amounts receivable for the plumbing, heat and air conditioning installation services.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% Reducing balance
Fixtures and fittings
25% Reducing balance
Motor vehicles
25% Reducing balance
AQUATECH SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2018
1
Accounting policies
(Continued)
- 3 -
1.4
Cash at bank and in hand

Cash at bank and in hand 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 current liabilities.

1.5
Taxation

The tax expense represents the sum of the tax currently payable.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 4 (2017 - 4).

 

3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 May 2017
6,423
37,560
56,294
100,277
Additions
-
2,998
-
2,998
At 30 April 2018
6,423
40,558
56,294
103,275
Depreciation and impairment
At 1 May 2017
5,056
29,806
31,559
66,421
Depreciation charged in the year
342
2,689
6,184
9,215
At 30 April 2018
5,398
32,495
37,743
75,636
Carrying amount
At 30 April 2018
1,025
8,063
18,551
27,639
At 30 April 2017
1,367
7,754
24,735
33,856
AQUATECH SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2018
- 4 -
4
Debtors
2018
2017
Amounts falling due within one year:
£
£
Trade debtors
58,703
118,684
Other debtors
9,467
4,295
68,170
122,979
5
Creditors: amounts falling due within one year
2018
2017
£
£
Trade creditors
47,434
35,497
Corporation tax
35,993
56,997
Other taxation and social security
27,466
32,675
Other creditors
3,985
16,299
114,878
141,468
2018-04-302017-05-01falseCCH SoftwareCCH Accounts Production 2018.220No description of principal activity24 September 2018Mr M McCormack2018-09-24035461352017-05-012018-04-30035461352018-04-30035461352017-04-3003546135core:PlantMachinery2018-04-3003546135core:FurnitureFittings2018-04-3003546135core:MotorVehicles2018-04-3003546135core:PlantMachinery2017-04-3003546135core:FurnitureFittings2017-04-3003546135core:MotorVehicles2017-04-3003546135core:CurrentFinancialInstruments2018-04-3003546135core:CurrentFinancialInstruments2017-04-3003546135core:ShareCapital2018-04-3003546135core:ShareCapital2017-04-3003546135core:RetainedEarningsAccumulatedLosses2018-04-3003546135core:RetainedEarningsAccumulatedLosses2017-04-3003546135bus:Director12017-05-012018-04-3003546135core:PlantMachinery2017-05-012018-04-3003546135core:FurnitureFittings2017-05-012018-04-3003546135core:MotorVehicles2017-05-012018-04-3003546135core:PlantMachinery2017-04-3003546135core:FurnitureFittings2017-04-3003546135core:MotorVehicles2017-04-30035461352017-04-3003546135bus:PrivateLimitedCompanyLtd2017-05-012018-04-3003546135bus:FRS1022017-05-012018-04-3003546135bus:AuditExemptWithAccountantsReport2017-05-012018-04-3003546135bus:SmallCompaniesRegimeForAccounts2017-05-012018-04-3003546135bus:FullAccounts2017-05-012018-04-30xbrli:purexbrli:sharesiso4217:GBP