IRIS Accounts Production v24.1.9.2 06667577 Board of Directors 1.9.22 31.8.23 31.8.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066675772022-08-31066675772023-08-31066675772022-09-012023-08-31066675772021-08-31066675772021-09-012022-08-31066675772022-08-3106667577ns15:EnglandWales2022-09-012023-08-3106667577ns14:PoundSterling2022-09-012023-08-3106667577ns10:Director12022-09-012023-08-3106667577ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3106667577ns10:SmallEntities2022-09-012023-08-3106667577ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3106667577ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3106667577ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3106667577ns10:FullAccounts2022-09-012023-08-3106667577ns10:Director22022-09-012023-08-3106667577ns10:RegisteredOffice2022-09-012023-08-3106667577ns5:CurrentFinancialInstruments2023-08-3106667577ns5:CurrentFinancialInstruments2022-08-3106667577ns5:ShareCapital2023-08-3106667577ns5:ShareCapital2022-08-3106667577ns5:RetainedEarningsAccumulatedLosses2023-08-3106667577ns5:RetainedEarningsAccumulatedLosses2022-08-3106667577ns5:FurnitureFittings2022-09-012023-08-3106667577ns5:ComputerEquipment2022-09-012023-08-3106667577ns5:FurnitureFittings2022-08-3106667577ns5:ComputerEquipment2022-08-3106667577ns5:FurnitureFittings2023-08-3106667577ns5:ComputerEquipment2023-08-3106667577ns5:FurnitureFittings2022-08-3106667577ns5:ComputerEquipment2022-08-3106667577ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3106667577ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-31
REGISTERED NUMBER: 06667577 (England and Wales)









Financial Statements

for the Year Ended 31 August 2023

for

Greenwave Global Limited

Greenwave Global Limited (Registered number: 06667577)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Greenwave Global Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: M Spitalnik
Ms A F Lucas





REGISTERED OFFICE: 21 Towers Road
Pinner
Middlesex
HA5 4SQ





REGISTERED NUMBER: 06667577 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

Greenwave Global Limited (Registered number: 06667577)

Statement of Financial Position
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 14,447 13,383

CURRENT ASSETS
Debtors 5 36,283 9,455
Cash at bank 41,194 58,309
77,477 67,764
CREDITORS
Amounts falling due within one year 6 34,463 29,834
NET CURRENT ASSETS 43,014 37,930
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,461

51,313

PROVISIONS FOR LIABILITIES 3,612 2,543
NET ASSETS 53,849 48,770

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 53,749 48,670
SHAREHOLDERS' FUNDS 53,849 48,770

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2024 and were signed on its behalf by:





M Spitalnik - Director


Greenwave Global Limited (Registered number: 06667577)

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

1. STATUTORY INFORMATION

Greenwave Global 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Computer equipment - 33.33% on cost

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2022 36,164 10,704 46,868
Additions 4,019 3,238 7,257
At 31 August 2023 40,183 13,942 54,125
DEPRECIATION
At 1 September 2022 24,864 8,621 33,485
Charge for year 4,706 1,487 6,193
At 31 August 2023 29,570 10,108 39,678
NET BOOK VALUE
At 31 August 2023 10,613 3,834 14,447
At 31 August 2022 11,300 2,083 13,383

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 15,462 9,455
Prepayments and accrued income 20,821 -
36,283 9,455

Greenwave Global Limited (Registered number: 06667577)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 3,570
Amounts owed to associates 8,000 8,000
Tax 343 1,538
Value added tax 23,146 13,750
Accruals & deferred income 2,974 2,976
34,463 29,834