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REGISTERED NUMBER: 05434667 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2025

for

Sowave Ltd
Trading as
Sowave Ltd

Sowave Ltd (Registered number: 05434667)
Trading as Sowave Ltd






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sowave Ltd
Trading as Sowave Ltd

Company Information
for the Year Ended 30 April 2025







DIRECTOR: D Profir





REGISTERED OFFICE: Suite 24, Royal Mail House
Terminus Terrace
Southampton
Hampshire
SO14 3FD





REGISTERED NUMBER: 05434667 (England and Wales)





ACCOUNTANTS: Creighton Accountants Ltd
25a Down End Road
Portchester
Fareham
Hampshire
PO16 8RG

Sowave Ltd (Registered number: 05434667)
Trading as Sowave Ltd

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,882 7,154

CURRENT ASSETS
Debtors 5 6,551 8,346
Cash at bank 1,355 1,149
7,906 9,495
CREDITORS
Amounts falling due within one year 6 20,205 14,636
NET CURRENT LIABILITIES (12,299 ) (5,141 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,417

)

2,013

CREDITORS
Amounts falling due after more than one
year

7

(8,800

)

(13,600

)

PROVISIONS FOR LIABILITIES (431 ) (431 )
NET LIABILITIES (17,648 ) (12,018 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (17,748 ) (12,118 )
SHAREHOLDERS' FUNDS (17,648 ) (12,018 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Sowave Ltd (Registered number: 05434667)
Trading as Sowave Ltd

Balance Sheet - continued
30 April 2025


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 director and authorised for issue on 15 June 2025 and were signed by:





D Profir - Director


Sowave Ltd (Registered number: 05434667)
Trading as Sowave Ltd

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

Sowave Ltd 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.
Plant and machinery etc - 25% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

Sowave Ltd (Registered number: 05434667)
Trading as Sowave Ltd

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2024
and 30 April 2025 796 35,633 36,429
DEPRECIATION
At 1 May 2024 - 29,275 29,275
Charge for year - 3,272 3,272
At 30 April 2025 - 32,547 32,547
NET BOOK VALUE
At 30 April 2025 796 3,086 3,882
At 30 April 2024 796 6,358 7,154

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade debtors 4,414 6,964
Other debtors 2,137 1,382
6,551 8,346

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Bank loans and overdrafts 118 -
Trade creditors - 768
Taxation and social security 8 8
Other creditors 20,079 13,860
20,205 14,636

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.25 30.4.24
£    £   
Bank loans 8,800 13,600