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REGISTERED NUMBER: 09074882 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 May 2023

for

WAVES OF LUTTERWORTH LIMITED

WAVES OF LUTTERWORTH LIMITED (REGISTERED NUMBER: 09074882)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


WAVES OF LUTTERWORTH LIMITED

Company Information
for the Year Ended 31 May 2023







DIRECTORS: A Thrasyvoulou
B J Singh
M A Tzirki



REGISTERED OFFICE: 573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



REGISTERED NUMBER: 09074882 (England and Wales)



ACCOUNTANTS: A K Papadamou & Co
Accountants & Tax Advisors
573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



BANKERS: Lloyds
2 George Row
Northampton
Northamptonshire
NN1 1DJ

WAVES OF LUTTERWORTH LIMITED (REGISTERED NUMBER: 09074882)

Statement of Financial Position
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 28,243 29,851
28,243 29,851

CURRENT ASSETS
Debtors 6 482 482
Cash at bank 7,397 2,419
7,879 2,901
CREDITORS
Amounts falling due within one year 7 51,032 54,661
NET CURRENT LIABILITIES (43,153 ) (51,760 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,910

)

(21,909

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (15,910 ) (22,909 )
SHAREHOLDERS' FUNDS (14,910 ) (21,909 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 21 February 2024 and were signed on its behalf by:




A Thrasyvoulou - Director


WAVES OF LUTTERWORTH LIMITED (REGISTERED NUMBER: 09074882)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Waves Of Lutterworth 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 50,285
AMORTISATION
At 1 June 2022
and 31 May 2023 50,285
NET BOOK VALUE
At 31 May 2023 -
At 31 May 2022 -

WAVES OF LUTTERWORTH LIMITED (REGISTERED NUMBER: 09074882)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 June 2022
and 31 May 2023 21,811 48,126 69,937
DEPRECIATION
At 1 June 2022 - 40,086 40,086
Charge for year - 1,608 1,608
At 31 May 2023 - 41,694 41,694
NET BOOK VALUE
At 31 May 2023 21,811 6,432 28,243
At 31 May 2022 21,811 8,040 29,851

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 482 482

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors (1 ) -
Taxation and social security 1,602 4,960
Other creditors 49,431 49,701
51,032 54,661

8. ULTIMATE CONTROLLING PARTY

The company is under the direct control of Mr A Thrasyvoulou, Mr B J Singh & Mr M A Tzirki, company directors.