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REGISTERED NUMBER: 08996309 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

BLUE WAVE (SOUTH WEST) LTD

BLUE WAVE (SOUTH WEST) LTD (REGISTERED NUMBER: 08996309)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLUE WAVE (SOUTH WEST) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: C Kimitri





REGISTERED OFFICE: York Hotel
1 - 3 St Margarets Terrace
Weston-super-Mare
North Somerset
BS23 1AH





REGISTERED NUMBER: 08996309 (England and Wales)





ACCOUNTANTS: Peregrine
Chartered Accountants
Old Bank
The Triangle
Paulton
Bristol
BS39 7LE

BLUE WAVE (SOUTH WEST) LTD (REGISTERED NUMBER: 08996309)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,382 59,792

CURRENT ASSETS
Debtors 5 311,855 212,143
Cash at bank and in hand 34,929 165,026
346,784 377,169
CREDITORS
Amounts falling due within one year 6 364,337 363,120
NET CURRENT (LIABILITIES)/ASSETS (17,553 ) 14,049
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,829

73,841

CREDITORS
Amounts falling due after more than one
year

7

(30,511

)

(36,067

)

PROVISIONS FOR LIABILITIES (11,473 ) (11,361 )
NET ASSETS 845 26,413

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 745 26,313
SHAREHOLDERS' FUNDS 845 26,413

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 director and authorised for issue on 8 August 2024 and were signed by:





C Kimitri - Director


BLUE WAVE (SOUTH WEST) LTD (REGISTERED NUMBER: 08996309)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Blue Wave (South West) Ltd 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.

Turnover
Turnover 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on cost
Motor Vehicles - 25% on reducing balance
Equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2022 - 28 ) .

BLUE WAVE (SOUTH WEST) LTD (REGISTERED NUMBER: 08996309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings Vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 52,470 17,829 46,575 2,302 119,176
Additions 3,211 2,585 5,350 - 11,146
At 30 November 2023 55,681 20,414 51,925 2,302 130,322
DEPRECIATION
At 1 December 2022 18,283 17,073 22,173 1,855 59,384
Charge for year 5,610 281 4,498 167 10,556
At 30 November 2023 23,893 17,354 26,671 2,022 69,940
NET BOOK VALUE
At 30 November 2023 31,788 3,060 25,254 280 60,382
At 30 November 2022 34,187 756 24,402 447 59,792

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,765 8,054
Other debtors 308,090 204,089
311,855 212,143

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,600 5,600
Trade creditors 144,052 142,417
Taxation and social security 83,751 74,405
Other creditors 130,934 140,698
364,337 363,120

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 30,511 36,067