1 August 2022 false No description of principal activity Taxfiler 2023.14 SC431029business:PrivateLimitedCompanyLtd2022-08-012023-07-31 SC4310292022-07-31 SC4310292022-08-012023-07-31 SC431029business:AuditExemptWithAccountantsReport2022-08-012023-07-31 SC431029business:FilletedAccounts2022-08-012023-07-31 SC4310292023-07-31 SC431029business:Director12022-08-012023-07-31 SC431029business:RegisteredOffice2022-08-012023-07-31 SC4310292022-07-31 SC431029core:WithinOneYear2023-07-31 SC431029core:WithinOneYear2022-07-31 SC431029core:AfterOneYear2023-07-31 SC431029core:AfterOneYear2022-07-31 SC431029core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC431029core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 SC431029core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC431029core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 SC431029core:PreviouslyStatedAmount2023-07-31 SC431029core:PreviouslyStatedAmount2022-07-31 SC431029business:SmallEntities2022-08-012023-07-31 SC431029countries:Scotland2022-08-012023-07-31 SC431029core:PlantMachinery2022-08-012023-07-31 SC431029core:FurnitureFittings2022-08-012023-07-31 SC431029core:PlantMachinery2022-07-31 SC431029core:FurnitureFittings2022-07-31 SC431029core:PlantMachinery2023-07-31 SC431029core:FurnitureFittings2023-07-31 SC4310292021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC431029 (Scotland)
Wave Particle Ltd. Unaudited accounts for the year ended 31 July 2023
Wave Particle Ltd. Unaudited accounts Contents
Page
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Wave Particle Ltd. Company Information for the year ended 31 July 2023
Director
P McCaughey
Company Number
SC431029 (Scotland)
Registered Office
6 Church Street Uddingston Glasgow G71 7PT
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
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Wave Particle Ltd. Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,758 
9,249 
Current assets
Debtors
17,857 
- 
Cash at bank and in hand
73,419 
106,452 
91,276 
106,452 
Creditors: amounts falling due within one year
(8,668)
(16,248)
Net current assets
82,608 
90,204 
Total assets less current liabilities
90,366 
99,453 
Creditors: amounts falling due after more than one year
(17,490)
(19,158)
Net assets
72,876 
80,295 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
72,874 
80,293 
Shareholders' funds
72,876 
80,295 
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 January 2024 and were signed on its behalf by
P McCaughey Director Company Registration No. SC431029
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Wave Particle Ltd. Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Wave Particle Ltd. is a private company, limited by shares, registered in Scotland, registration number SC431029. The registered office is 6 Church Street, Uddingston, Glasgow, G71 7PT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents invoiced sales to external customers, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
22,474 
4,524 
26,998 
Additions
- 
463 
463 
At 31 July 2023
22,474 
4,987 
27,461 
Depreciation
At 1 August 2022
16,188 
1,561 
17,749 
Charge for the year
1,257 
697 
1,954 
At 31 July 2023
17,445 
2,258 
19,703 
Net book value
At 31 July 2023
5,029 
2,729 
7,758 
At 31 July 2022
6,286 
2,963 
9,249 
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Wave Particle Ltd. Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
17,857 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,595 
82 
Trade creditors
3,193 
509 
Taxes and social security
1,980 
6,257 
Accruals
900 
900 
Deferred income
- 
8,500 
8,668 
16,248 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
17,490 
19,158 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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