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Company Registration No. 05908640 (England and Wales)
WAVETRAIN LTD Unaudited accounts for the year ended 31 March 2025
WAVETRAIN LTD Unaudited accounts Contents
Page
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WAVETRAIN LTD Company Information for the year ended 31 March 2025
Director
Richard Hussey
Secretary
Arlene Hussey
Company Number
05908640 (England and Wales)
Registered Office
HQS WELLINGTON, TEMPLE STAIRS, VICTORIA EMBANKMENT, LONDON, WC2R 2PN ENGLAND
Accountants
Louisa Burton ACA 124 City Road London Hampshire EC1V 2NX
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of WAVETRAIN LTD for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of WAVETRAIN LTD for the year ended 31 March 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of WAVETRAIN LTD, as a body, in accordance with the terms of our engagement letter dated 23 April 2022. Our work has been undertaken solely to prepare for your approval the accounts of WAVETRAIN LTD and state those matters that we have agreed to state to the Board of Directors of WAVETRAIN LTD, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WAVETRAIN LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that WAVETRAIN LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of WAVETRAIN LTD. You consider that WAVETRAIN LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of WAVETRAIN LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Louisa Burton ACA Chartered Accountants 124 City Road London Hampshire EC1V 2NX 8 July 2025
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WAVETRAIN LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
8,800 
8,800 
Tangible assets
12,188 
11,432 
20,988 
20,232 
Current assets
Debtors
21,951 
7,231 
Cash at bank and in hand
1,412 
42,226 
23,363 
49,457 
Creditors: amounts falling due within one year
(4,922)
(21,374)
Net current assets
18,441 
28,083 
Net assets
39,429 
48,315 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
39,419 
48,305 
Shareholders' funds
39,429 
48,315 
For the year ending 31 March 2025 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 8 July 2025 and were signed on its behalf by
Richard Hussey Director Company Registration No. 05908640
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WAVETRAIN LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
WAVETRAIN LTD is a private company, limited by shares, registered in England and Wales, registration number 05908640. The registered office is HQS WELLINGTON, TEMPLE STAIRS,, VICTORIA EMBANKMENT, , LONDON,, WC2R 2PN, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Fixtures & fittings
15% Straight Line
Computer equipment
33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2024
8,800 
At 31 March 2025
8,800 
Amortisation
At 1 April 2024
- 
At 31 March 2025
- 
Net book value
At 31 March 2025
8,800 
At 31 March 2024
8,800 
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WAVETRAIN LTD Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
14,623 
10,419 
5,742 
30,784 
Additions
- 
1,490 
4,398 
5,888 
Disposals
(12,577)
- 
- 
(12,577)
At 31 March 2025
2,046 
11,909 
10,140 
24,095 
Depreciation
At 1 April 2024
14,623 
2,834 
1,895 
19,352 
Charge for the year
- 
1,786 
3,346 
5,132 
On disposals
(12,577)
- 
- 
(12,577)
At 31 March 2025
2,046 
4,620 
5,241 
11,907 
Net book value
At 31 March 2025
- 
7,289 
4,899 
12,188 
At 31 March 2024
- 
7,585 
3,847 
11,432 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,869 
7,231 
Other debtors
1,082 
- 
21,951 
7,231 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
814 
437 
Taxes and social security
- 
4,446 
Other creditors
500 
- 
Loans from directors
1,818 
13,351 
Deferred income
1,790 
3,140 
4,922 
21,374 
8
Transactions with related parties
During the year the company repaid £11,286 to the director, R Hussey. At 31 March 2025 the company owed R Hussey £1,818 (2024 - £13,104).
9
Average number of employees
During the year the average number of employees was 2 (2024: 0).
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