2023-05-01 08015551 2024-04-30 08015551 2023-05-01 2024-04-30 08015551 2023-04-30 08015551 2022-05-01 2023-04-30 08015551 uk-core:WithinOneYear 2023-04-30 08015551 uk-core:WithinOneYear 2024-04-30 08015551 uk-core:ShareCapital 2024-04-30 08015551 uk-core:ShareCapital 2023-04-30 08015551 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 08015551 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 08015551 uk-bus:Director1 2023-05-01 2024-04-30 08015551 uk-core:Goodwill 2023-04-30 08015551 uk-core:Goodwill 2024-04-30 iso4217:GBP xbrli:pure 08015551 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 08015551 uk-bus:FRS102 2023-05-01 2024-04-30 08015551 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 08015551 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Saltwaves Limited
Registered Number:08015551
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
Saltwaves Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08015551
As at 30 April 2024
Saltwaves Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
6,491
6,425
3
6,491
6,425
Current assets
Trade and other receivables
1
1
4
43,702
Cash and cash equivalents
32,503
32,504
43,703
Trade and other payables: amounts falling due within one
year
(22,694)
(15,664)
5
21,009
16,840
Net current assets
Total assets less current liabilities
23,331
27,434
(1,233)
(1,221)
Provisions for liabilities
22,098
Net assets
26,213
Capital and reserves
Called up share capital
1
1
Retained earnings
22,097
26,212
22,098
26,213
Shareholders' funds
For the year ended 30 April 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Paul Rose Director
These financial statements were approved and authorised for issue by the Board on 07 April 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 April 2024
Saltwaves Limited
Notes to the Financial Statements
Statutory Information
Saltwaves Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08015551.
Principal place of business:
138 Kings Ash Road
Paignton
Devon
TQ3 3TU
Registered address:
3a Laburnum Row
Torquay
Devon
TQ2 5QX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 May 2023
10,000
At 30 April 2024
10,000
Amortisation
At 01 May 2023
10,000
At 30 April 2024
10,000
Net book value
At 30 April 2024
-
At 30 April 2023
-
During the year the policy in respect of Intangible Assets was revised to amortise Goodwill over 12 years from their
orginal cost date.
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5
For the year ended 30 April 2024
Saltwaves Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
At 01 May 2023
20,534
1,865
Additions
At 30 April 2024
22,399
Provision for depreciation and impairment
At 01 May 2023
14,109
Charge for year
1,799
At 30 April 2024
15,908
At 30 April 2024
Net book value
6,491
At 30 April 2023
6,425
4. Trade and other receivables
2023
2024
£
£
Called up share capital not paid
1
1
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
10,043
17,616
Accruals and deferred income
950
950
Directors' loan accounts
4,671
4,128
15,664
22,694
6. Related party transactions
The company was under the control of Mr P Rose during this year.
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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