REGISTERED NUMBER: 05947590 (England and Wales)

Agua-Care Limited

Unaudited Financial Statements

for the Year Ended 31 March 2017

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

Mr C D Hands

SECRETARY:

Mrs G C Hands

REGISTERED OFFICE:

7 Parker Place

Broadway

Worcestershire

WR12 7RF

REGISTERED NUMBER:

05947590 (England and Wales)

ACCOUNTANTS:

Grenfell James Associates Limited

13 The Courtyard

Timothys Bridge Road

Stratford Upon Avon

Warwickshire

CV37 9NP

FIXED ASSETS

Intangible assets

4

-

2,500

Tangible assets

5

4,358

5,823

4,358

8,323

CURRENT ASSETS

Stocks

6

2,500

2,500

Debtors

7

25,633

41,452

Cash at bank

16,715

33,611

44,848

77,563

CREDITORS

Amounts falling due within one year

8

48,315

84,035

NET CURRENT LIABILITIES

(3,467

)

(6,472

)

TOTAL ASSETS LESS CURRENT LIABILITIES

891

1,851

PROVISIONS FOR LIABILITIES

10

622

860

NET ASSETS

269

991

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

12

169

891

SHAREHOLDERS' FUNDS

269

991

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 20 December 2017 and were signed by:

Mr C D Hands - Director

1.	STATUTORY INFORMATION

Agua-Care 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured

at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Motor vehicles

-

25% 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

25,000

AMORTISATION

At 1 April 2016

22,500

Amortisation for year

2,500

At 31 March 2017

25,000

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

2,500

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2016

4,344

6,685

11,029

Additions

754

-

754

At 31 March 2017

5,098

6,685

11,783

DEPRECIATION

At 1 April 2016

2,038

3,168

5,206

Charge for year

548

1,671

2,219

At 31 March 2017

2,586

4,839

7,425

NET BOOK VALUE

At 31 March 2017

2,512

1,846

4,358

At 31 March 2016

2,306

3,517

5,823

6.

STOCKS

2017

2016

£

£

Stocks

2,500

2,500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

25,057

40,846

Other debtors

424

424

Prepayments

152

182

25,633

41,452

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other loans (see note 9)

16,850

36,850

Tax

6,557

7,559

Social security and other taxes

1,286

1,203

VAT

1,421

578

Other creditors

2,420

2,313

Net wages

2,002

-

Directors' current accounts

16,806

34,559

Accrued expenses

973

973

48,315

84,035

9.

LOANS

An analysis of the maturity of loans is given below:

2017

2016

£

£

Amounts falling due within one year or on demand:

Other loans

16,850

36,850

10.	PROVISIONS FOR LIABILITIES

2017

2016

£

£

Deferred tax

622

860

Deferred

tax

£

Balance at 1 April 2016

860

Provided during year

(238

)

Balance at 31 March 2017

622

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1.00

100

100

12.

RESERVES

Retained

earnings

£

At 1 April 2016

891

Profit for the year

22,778

Dividends

(23,500

)

At 31 March 2017

169