REGISTERED NUMBER: |
Abbreviated Accounts |
for the Year Ended 31 December 2013 |
for |
Aqua Leisure International Limited |
REGISTERED NUMBER: |
Abbreviated Accounts |
for the Year Ended 31 December 2013 |
for |
Aqua Leisure International Limited |
Aqua Leisure International Limited (Registered number: 03488636) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 December 2013 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Aqua Leisure International Limited |
Company Information |
for the Year Ended 31 December 2013 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Aqua Leisure International Limited (Registered number: 03488636) |
Abbreviated Balance Sheet |
31 December 2013 |
2013 | 2012 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
4 |
NET ASSETS/(LIABILITIES) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The directors acknowledge their 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. |
Aqua Leisure International Limited (Registered number: 03488636) |
Abbreviated Balance Sheet - continued |
31 December 2013 |
The financial statements were approved by the Board of Directors on its behalf by: |
Aqua Leisure International Limited (Registered number: 03488636) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 December 2013 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on a going concern basis. |
The Directors have prepared detailed forecasts and cashflow projections which they believe are based |
upon reasonable assumptions. These forecasts show that the Company should be able to operate |
within its current facilities for the foreseeable future and thus the Directors consider it appropriate to |
prepare the financial on a statements going concern basis. |
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 April 2008). |
Turnover |
Turnover reflects the contract activity during the year and reflects the fair value of the contract work |
completed. The attributable profit on contracts is recognised as contracts progress. Full provision is |
made for losses in the year in which the loss is first foreseen. |
Tangible fixed assets |
Freehold property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
Research and development |
Research expenditure is written off to the profit and loss account in the year in which it is incurred. |
Development expenditure is written off in the same year unless the directors are satisfied as to the |
technical, commercial and financial viability of individual projects. In this situation, the expenditure is |
deferred and amortised over the period from which the company is expected to benefit. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
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 the profit and loss account in the period to which they |
relate. |
Aqua Leisure International Limited (Registered number: 03488636) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 December 2013 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2013 |
and 31 December 2013 |
AMORTISATION |
At 1 January 2013 |
and 31 December 2013 |
NET BOOK VALUE |
At 31 December 2013 |
At 31 December 2012 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2013 |
Disposals | ( |
) |
At 31 December 2013 |
DEPRECIATION |
At 1 January 2013 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 December 2013 |
NET BOOK VALUE |
At 31 December 2013 |
At 31 December 2012 |
4. | CREDITORS |
Creditors include an amount of £ |
They also include the following debts falling due in more than five years: |
2013 | 2012 |
£ | £ |
Repayable by instalments | 140,859 | 178,449 |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2013 | 2012 |
value: | £ | £ |
Ordinary | £1 |
Aqua Leisure International Limited (Registered number: 03488636) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 December 2013 |
6. | ULTIMATE PARENT COMPANY |
The company is wholly owned by OSH Development Services Limited, a company incorporated in |
England. |