SEA WAVE SHIPPING LINE LIMITED

Company Registration Number:
10532067 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SEA WAVE SHIPPING LINE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SEA WAVE SHIPPING LINE LIMITED

Company Information

for the Period Ended 31 December 2023




Registered office: 415
High Street
Office C, 1st Floor
London
England
E15 4QZ
Company Registration Number: 10532067 (England and Wales)

SEA WAVE SHIPPING LINE LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 34,370 0
Cost of sales ( 35,241 ) ( 0 )
Gross Profit or (Loss) ( 871 ) 0
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 8,000 ) ( 0 )
Administrative Expenses ( 12,000 ) ( 0 )
Operating Profit or (Loss) ( 20,871 ) 0
Profit or (Loss) Before Tax ( 20,871 ) 0
Profit or (Loss) for Period ( 20,871 ) 0

The notes form part of these financial statements

SEA WAVE SHIPPING LINE LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 10,000,000 10,000,000
Total fixed assets: 10,000,000 10,000,000
Current assets
Creditors: amounts falling due within one year: 5 ( 20,871 )
Net current assets (liabilities): ( 20,871 )
Total assets less current liabilities: 9,979,129 10,000,000
Total net assets (liabilities): 9,979,129 10,000,000

The notes form part of these financial statements

SEA WAVE SHIPPING LINE LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 10,000,000 10,000,000
Profit and loss account: ( 20,871 ) 0
Shareholders funds: 9,979,129 10,000,000

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 5 September 2024
And Signed On Behalf Of The Board By:

Name: Joseeph Chinedu Nwosu
Status: Director

The notes form part of these financial statements

SEA WAVE SHIPPING LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SEA WAVE SHIPPING LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

SEA WAVE SHIPPING LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

SEA WAVE SHIPPING LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Intangible assets

Other Total
Cost £ £
At 01 January 2023 10,000,000 10,000,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2023 10,000,000 10,000,000
Amortisation
Amortisation at 01 January 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 December 2023 - -
Net book value
Net book value at 31 December 2023 10,000,000 10,000,000
Net book value at 31 December 2022 10,000,000 10,000,000

SEA WAVE SHIPPING LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 20,871
Total 20,871

Trading Loss