REGISTERED NUMBER: |
Abbreviated Accounts for the Year Ended 31 August 2015 |
for |
Aquatech Environmental Services Limited |
REGISTERED NUMBER: |
Abbreviated Accounts for the Year Ended 31 August 2015 |
for |
Aquatech Environmental Services Limited |
Aquatech Environmental Services Limited (Registered number: 03835361) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 August 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Aquatech Environmental Services Limited |
Company Information |
for the Year Ended 31 August 2015 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
BANKERS: |
Aquatech Environmental Services Limited (Registered number: 03835361) |
Abbreviated Balance Sheet |
31 August 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
Aquatech Environmental Services Limited (Registered number: 03835361) |
Abbreviated Balance Sheet - continued |
31 August 2015 |
The financial statements were approved by the director on |
Aquatech Environmental Services Limited (Registered number: 03835361) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 August 2015 |
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 April 2008). |
Turnover |
Turnover consists of the invoiced value (excluding VAT) for goods and services supplied in the period. |
All turnover is derived from the principle activities within the United Kingdom. |
Goodwill |
Tangible fixed assets |
Depreciation is provided evenly on the cost of tangible fixed assets, to write them down to their |
estimated residual values over their expected useful lives. Where there is evidence of impairment, |
fixed assets are written down to the recoverable amount. Any such write down would be charged to |
operating profit, unless it was a reversal of a past revaluation surplus in which case it would be taken |
to the statement of total recognised gains and losses. |
The principle annual rates used for other assets are:- |
Plant and Machinery | 20% |
Furniture and Equipment | 25% |
Motor Vehicles | 25% |
No depreciation is provided on freehold buildings. This policy is not in accordance with Financial |
Reporting Standard 15 - Tangible Fixed Assets. However, in the opinion of the directors the effect is |
not material. |
Stocks |
Stock is valued at the lower of cost and estimated net realisable value on a method similar to first in, |
first out basis. |
Deferred tax |
Deferred Taxation is provided using the liability method in respect of the taxation effect of all timing |
differences other than those which are expected with reasonable profitability to continue in the |
foreseeable future. |
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. |
Aquatech Environmental Services Limited (Registered number: 03835361) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 August 2015 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2014 |
Additions |
At 31 August 2015 |
AMORTISATION |
At 1 September 2014 |
Amortisation for year |
At 31 August 2015 |
NET BOOK VALUE |
At 31 August 2015 |
At 31 August 2014 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2014 |
Additions |
Disposals | ( |
) |
At 31 August 2015 |
DEPRECIATION |
At 1 September 2014 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 August 2015 |
NET BOOK VALUE |
At 31 August 2015 |
At 31 August 2014 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary | £1 |
Aquatech Environmental Services Limited (Registered number: 03835361) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 August 2015 |
5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 31 August 2015 and |
31 August 2014: |
2015 | 2014 |
£ | £ |
Balance outstanding at start of year |
Amounts repaid | ( |
) |
Balance outstanding at end of year |