Company Registration No. 05821183 (England and Wales)
AQUAFIT LIMITED
Unaudited accounts
for the year ended 31 May 2023
AQUAFIT LIMITED
Unaudited accounts
Contents
AQUAFIT LIMITED
Company Information
for the year ended 31 May 2023
Directors
MR R CROOKS
MRS N CROOKS
Company Number
05821183 (England and Wales)
Registered Office
15 PLUM TREE ROAD
SPROATLEY
HULL
HU11 4XL
ENGLAND
Accountants
AL ACCOUNTING SOLUTIONS
42 GUILDFORD AVENUE
GILLSHILL ROAD
HULL
EAST YORKSHIRE
HU8 0LB
AQUAFIT LIMITED
Statement of financial position
as at 31 May 2023
Tangible assets
3,922
4,622
Cash at bank and in hand
35,000
25,822
Creditors: amounts falling due within one year
(12,502)
(8,264)
Net current assets
43,627
35,678
Called up share capital
100
100
Profit and loss account
47,449
40,200
Shareholders' funds
47,549
40,300
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2023 and were signed on its behalf by
MR R CROOKS
Director
Company Registration No. 05821183
AQUAFIT LIMITED
Notes to the Accounts
for the year ended 31 May 2023
AQUAFIT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05821183. The registered office is 15 PLUM TREE ROAD, SPROATLEY, HULL, HU11 4XL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% - COST
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
11,302
15,224
5,919
32,445
At 31 May 2023
11,887
15,224
5,919
33,030
At 1 June 2022
9,762
13,579
4,482
27,823
Charge for the year
515
411
359
1,285
At 31 May 2023
10,277
13,990
4,841
29,108
At 31 May 2023
1,610
1,234
1,078
3,922
At 31 May 2022
1,540
1,645
1,437
4,622
AQUAFIT LIMITED
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Accrued income and prepayments
449
416
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,140
1,120
Taxes and social security
6,439
6,100
Loans from directors
3,401
69
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).