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REGISTERED NUMBER: 09349121 (England and Wales)















Abridged Financial Statements for the Year Ended 31 December 2017

for

AQUA PHYSICAL LIMITED
AQUA PHYSICAL LIMITED (REGISTERED NUMBER: 09349121)






Contents of the Financial Statements
for the Year Ended 31 December 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AQUA PHYSICAL LIMITED

Company Information
for the Year Ended 31 December 2017







DIRECTORS: Miss L E Francis Coleman
CRN Coleman
T W Whelan





SECRETARY: Miss L E Francis Coleman





REGISTERED OFFICE: D2 White House Business Centre
Forest Road
Kingswood
Bristol
BS15 8DH





REGISTERED NUMBER: 09349121 (England and Wales)





ACCOUNTANTS: West Country Accounting Services Limited
Chartered Accountants
BS15 8DH
Page 1
AQUA PHYSICAL LIMITED (REGISTERED NUMBER: 09349121)

Abridged Balance Sheet
31 December 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 30,117 38,213
Tangible assets 5 14,919 18,649
45,036 56,862

CURRENT ASSETS
Stocks 99,800 200,718
Debtors 36,815 98,827
Cash at bank 25,631 61,488
162,246 361,033
CREDITORS
Amounts falling due within one year 96,776 97,815
NET CURRENT ASSETS 65,470 263,218
TOTAL ASSETS LESS CURRENT
LIABILITIES
110,506
320,080

CREDITORS
Amounts falling due after more than one
year
(100,425
)
(133,425
)

PROVISIONS FOR LIABILITIES (1,844 ) (1,844 )
NET ASSETS 8,237 184,811

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,137 184,711
SHAREHOLDERS' FUNDS 8,237 184,811

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The notes form part of these financial statements

Page 2 continued...
AQUA PHYSICAL LIMITED (REGISTERED NUMBER: 09349121)

Abridged Balance Sheet - continued
31 December 2017


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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 February 2018 and were signed on its behalf
by:





Miss L E Francis Coleman - Director


The notes form part of these financial statements

Page 3
AQUA PHYSICAL LIMITED (REGISTERED NUMBER: 09349121)

Notes to the Financial Statements
for the Year Ended 31 December 2017

1. STATUTORY INFORMATION

Aqua Physical 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.

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.

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.

Intellectual property are being amortised evenly over their estimated useful life of nil years.

Internet domain is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2016 - 3 ) .

Page 4 continued...
AQUA PHYSICAL LIMITED (REGISTERED NUMBER: 09349121)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2017
and 31 December 2017 40,479
AMORTISATION
At 1 January 2017 2,266
Amortisation for year 8,096
At 31 December 2017 10,362
NET BOOK VALUE

At 31 December 2017 30,117
At 31 December 2016 38,213

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2017
and 31 December 2017 21,028
DEPRECIATION
At 1 January 2017 2,379
Charge for year 3,730
At 31 December 2017 6,109
NET BOOK VALUE
At 31 December 2017 14,919
At 31 December 2016 18,649

Page 5