Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-3112022-06-01falsethe provision of audio post production services1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06868228 2022-06-01 2023-05-31 06868228 2021-06-01 2022-05-31 06868228 2023-05-31 06868228 2022-05-31 06868228 c:Director1 2022-06-01 2023-05-31 06868228 c:RegisteredOffice 2022-06-01 2023-05-31 06868228 d:OfficeEquipment 2022-06-01 2023-05-31 06868228 d:OfficeEquipment 2023-05-31 06868228 d:OfficeEquipment 2022-05-31 06868228 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 06868228 d:CurrentFinancialInstruments 2023-05-31 06868228 d:CurrentFinancialInstruments 2022-05-31 06868228 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 06868228 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 06868228 d:ShareCapital 2023-05-31 06868228 d:ShareCapital 2022-05-31 06868228 d:RetainedEarningsAccumulatedLosses 2023-05-31 06868228 d:RetainedEarningsAccumulatedLosses 2022-05-31 06868228 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-05-31 06868228 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-05-31 06868228 c:OrdinaryShareClass1 2022-06-01 2023-05-31 06868228 c:OrdinaryShareClass1 2023-05-31 06868228 c:OrdinaryShareClass1 2022-05-31 06868228 c:FRS102 2022-06-01 2023-05-31 06868228 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 06868228 c:FullAccounts 2022-06-01 2023-05-31 06868228 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 06868228 2 2022-06-01 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06868228

















Waveform Wrangler Limited
Financial Statements
Information For Filing With The Registrar
For The Year Ended 31 May 2023

 
Waveform Wrangler Limited
 
 
Company Information


Director
Kenneth Clark 




Registered number
06868228



Registered office
Lower Ground Floor Flat
41 Mattock Lane

London

W13 9NS





 
Waveform Wrangler Limited
 

Contents



Page
Statement of Financial Position
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 7


 
Waveform Wrangler Limited
Registered number:06868228

Statement of Financial Position
As at 31 May 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
1,576
2,427

  
1,576
2,427

Current assets
  

Debtors: amounts falling due within one year
 5 
15,350
3,248

Cash at bank and in hand
 6 
2,427
17,032

  
17,777
20,280

Creditors: amounts falling due within one year
 7 
(16,634)
(32,161)

Net current assets/(liabilities)
  
 
 
1,143
 
 
(11,881)

Total assets less current liabilities
  
2,719
(9,454)

  

Net assets/(liabilities)
  
2,719
(9,454)

Page 1

 
Waveform Wrangler Limited
Registered number:06868228
    
Statement of Financial Position (continued)
As at 31 May 2023

2023
2023
2022
2022
Note
£
£
£
£

Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
2,619
(9,554)

  
2,719
(9,454)


The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Kenneth Clark
Director

Date: 23 February 2024


The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
Waveform Wrangler Limited
 
 
Notes To The Financial Statements
For The Year Ended 31 May 2023

1.


General information

Waveform Wrangler Limited is a private company, limited by shares, domiciled in England and Wales, registration number 6868228.  The registered office and principal place of business is 41 Mattock Lane London W13 9NS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
Waveform Wrangler Limited
 
 
Notes To The Financial Statements
For The Year Ended 31 May 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Office equipment
-
25% per annum

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition
Page 4

 
Waveform Wrangler Limited
 
 
Notes To The Financial Statements
For The Year Ended 31 May 2023

2.Accounting policies (continued)


2.10
Financial instruments (continued)

of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 June 2022
26,392



At 31 May 2023

26,392



Depreciation


At 1 June 2022
23,965


Charge for the year on owned assets
851



At 31 May 2023

24,816



Net book value



At 31 May 2023
1,576



At 31 May 2022
2,427

Page 5

 
Waveform Wrangler Limited
 
 
Notes To The Financial Statements
For The Year Ended 31 May 2023

5.


Debtors

2023
2022
£
£


Trade debtors
15,350
3,248



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,427
17,032



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,906
1,437

Corporation tax
3,995
940

Other taxation and social security
5,299
3,468

Other creditors
4,709
25,591

Accruals and deferred income
725
725

16,634
32,161



8.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
2,427
17,032



Page 6

 
Waveform Wrangler Limited
 
 
Notes To The Financial Statements
For The Year Ended 31 May 2023

9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) ordinary shares shares of £1.00 each
100
100


 
Page 7