Company Registration No. 5824272 (England and Wales)
Sine-Wave Services Limited
Unaudited accounts
for the year ended 31 August 2024
Sine-Wave Services Limited
Unaudited accounts
Contents
Sine-Wave Services Limited
Company Information
for the year ended 31 August 2024
Secretary
Jacqueline Lynn Hammond
Company Number
5824272 (England and Wales)
Registered Office
C/O Redbox Accountancy Limited
New Mead Barn, Wickham Hall, Hadham Road
Bishop's Stortford
Hertfordshire
CM23 1JG
Accountants
Redbox Accountancy Limited
New Mead Barn
Wickham Hall, Hadham Road
Bishop's Stortford
Hertfordshire
CM23 1JG
Sine-Wave Services Limited
Statement of financial position
as at 31 August 2024
Tangible assets
222,122
223,948
Cash at bank and in hand
2,005,375
2,053,244
Creditors: amounts falling due within one year
369,382
298,726
Net current assets
2,605,616
2,654,782
Net assets
2,827,738
2,878,730
Called up share capital
2
2
Profit and loss account
2,827,736
2,878,728
Shareholders' funds
2,827,738
2,878,730
For the year ending 31 August 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 May 2025 and were signed on its behalf by
Brian Finch
Director
Company Registration No. 5824272
Sine-Wave Services Limited
Notes to the Accounts
for the year ended 31 August 2024
Sine-Wave Services Limited is a private company, limited by shares, registered in England and Wales, registration number 5824272. The registered office is C/O Redbox Accountancy Limited, New Mead Barn, Wickham Hall, Hadham Road, Bishop's Stortford, Hertfordshire, CM23 1JG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Sine-Wave Services Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
216,656
8,798
44,748
11,057
281,259
At 31 August 2024
216,656
8,798
44,748
11,057
281,259
At 1 September 2023
-
7,383
40,945
8,983
57,311
Charge for the year
-
353
953
520
1,826
At 31 August 2024
-
7,736
41,898
9,503
59,137
At 31 August 2024
216,656
1,062
2,850
1,554
222,122
At 31 August 2023
216,656
1,415
3,803
2,074
223,948
Amounts falling due within one year
Trade debtors
77,996
149,949
Other debtors
152,863
152,863
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
25,925
108,901
Loans from directors
(402,664)
(426,923)
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
426,924
-
24,260
402,664
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).