BOMBORA WAVE POWER EUROPE LTD

Company Registration Number:
10733443 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

BOMBORA WAVE POWER EUROPE LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

BOMBORA WAVE POWER EUROPE LTD

Company Information

for the Period Ended 30 June 2024




Director: Sam Leighton
Registered office: Ty Gwartheg
St. Peters
Carmarthen
GB-WLS
SA33 5DS
Company Registration Number: 10733443 (England and Wales)

BOMBORA WAVE POWER EUROPE LTD

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 18,686,545 18,686,545
Tangible assets: 5 9,057 9,057
Total fixed assets: 18,695,602 18,695,602
Current assets
Debtors: 24,458 925,125
Cash at bank and in hand: 371,704 8,720
Total current assets: 396,162 933,845
Creditors: amounts falling due within one year: ( 24,307,910 ) ( 24,046,823 )
Net current assets (liabilities): ( 23,911,748 ) ( 23,112,978 )
Total assets less current liabilities: ( 5,216,146 ) ( 4,417,376 )
Total net assets (liabilities): ( 5,216,146 ) ( 4,417,376 )

The notes form part of these financial statements

BOMBORA WAVE POWER EUROPE LTD

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 5,216,147 ) ( 4,417,377 )
Shareholders funds: ( 5,216,146 ) ( 4,417,376 )

For the year ending 30 June 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 6 March 2025
And Signed On Behalf Of The Board By:

Name: Sam Leighton
Status: Director

The notes form part of these financial statements

BOMBORA WAVE POWER EUROPE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 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

BOMBORA WAVE POWER EUROPE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 24

BOMBORA WAVE POWER EUROPE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

BOMBORA WAVE POWER EUROPE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 July 2023 18,686,545
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 30 June 2024 18,686,545
    Amortisation
    Amortisation at 01 July 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 30 June 2024 0
    Net book value
    Net book value at 30 June 2024 18,686,545
    Net book value at 30 June 2023 18,686,545

BOMBORA WAVE POWER EUROPE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Tangible Assets

Total
Cost £
At 01 July 2023 9,057
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 30 June 2024 9,057
Depreciation
At 01 July 2023 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 30 June 2024 0
Net book value
At 30 June 2024 9,057
At 30 June 2023 9,057