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REGISTERED NUMBER: 09441913 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

MINDWAVE DIGITAL LIMITED

MINDWAVE DIGITAL LIMITED (REGISTERED NUMBER: 09441913)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

MINDWAVE DIGITAL LIMITED

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Dr R Stott
Dr A Lavender





REGISTERED OFFICE: Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX





REGISTERED NUMBER: 09441913 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

MINDWAVE DIGITAL LIMITED (REGISTERED NUMBER: 09441913)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,177 2,311

CURRENT ASSETS
Debtors 5 2,480 1,350
Cash at bank 12,709 13,651
15,189 15,001
CREDITORS
Amounts falling due within one year 6 1,857 1,960
NET CURRENT ASSETS 13,332 13,041
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,509

15,352

CREDITORS
Amounts falling due after more than one
year

7

974

931
NET ASSETS 14,535 14,421

CAPITAL AND RESERVES
Called up share capital 8 4 4
Retained earnings 14,531 14,417
SHAREHOLDERS' FUNDS 14,535 14,421

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

MINDWAVE DIGITAL LIMITED (REGISTERED NUMBER: 09441913)

Balance Sheet - continued
29 February 2024


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 9 September 2024 and were signed on its behalf by:





Dr R Stott - Director


MINDWAVE DIGITAL LIMITED (REGISTERED NUMBER: 09441913)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

Mindwave Digital 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.

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.
Equipment - 50% on cost
Fixtures and fittings - 50% on cost
Computer equipment - 50% on cost

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 2 (2023 - 2 ) .

MINDWAVE DIGITAL LIMITED (REGISTERED NUMBER: 09441913)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Equipment fittings equipment Totals
£    £    £    £   
COST
At 1 March 2023 2,897 3,532 11,187 17,616
Additions - - 1,855 1,855
Disposals - - (339 ) (339 )
At 29 February 2024 2,897 3,532 12,703 19,132
DEPRECIATION
At 1 March 2023 2,897 1,657 10,751 15,305
Charge for year - 625 1,364 1,989
Eliminated on disposal - - (339 ) (339 )
At 29 February 2024 2,897 2,282 11,776 16,955
NET BOOK VALUE
At 29 February 2024 - 1,250 927 2,177
At 28 February 2023 - 1,875 436 2,311

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,480 1,350

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 58 1,060
Other creditors 1,799 900
1,857 1,960

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 974 931

MINDWAVE DIGITAL LIMITED (REGISTERED NUMBER: 09441913)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3 Ordinary £1 3 3
1 Ordinary A 1 1 1
4 4

MINDWAVE DIGITAL LIMITED

Report of the Accountants to the Directors of
Mindwave Digital Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29 February 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX


Date: .............................................