Agua-Care Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05947590 (England and Wales)

Agua-Care Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTOR:

Mr C D Hands

SECRETARY:

Mrs G C Hands

REGISTERED OFFICE:

11 Parker Place

Broadway

Worcestershire

WR12 7RF

REGISTERED NUMBER:

05947590 (England and Wales)

ACCOUNTANTS:

Grenfell James Associates Limited

3 The Courtyard

Timothys Bridge Road

Stratford Upon Avon

Warwickshire

CV37 9NP

FIXED ASSETS

Intangible assets

2

2,500

5,000

Tangible assets

3

5,823

4,590

8,323

9,590

CURRENT ASSETS

Stocks

2,500

2,000

Debtors

41,452

23,000

Cash at bank and in hand

33,611

16,086

77,563

41,086

CREDITORS

Amounts falling due within one year

84,035

44,131

NET CURRENT LIABILITIES

(6,472

)

(3,045

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,851

6,545

PROVISIONS FOR LIABILITIES

860

372

NET ASSETS

991

6,173

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

891

6,073

SHAREHOLDERS' FUNDS

991

6,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 3 August 2016 and were signed by:

Mr C D Hands - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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.

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 etc

-

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

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

over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

25,000

AMORTISATION

At 1 April 2015

20,000

Amortisation for year

2,500

At 31 March 2016

22,500

NET BOOK VALUE

At 31 March 2016

2,500

At 31 March 2015

5,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

8,064

Additions

2,965

At 31 March 2016

11,029

DEPRECIATION

At 1 April 2015

3,474

Charge for year

1,732

At 31 March 2016

5,206

NET BOOK VALUE

At 31 March 2016

5,823

At 31 March 2015

4,590

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1.00

100