Caseware UK (AP4) 2024.0.164 2024.0.164 2023-12-31Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.2023-12-31holding companytrue2023-01-0133falsefalse 11261891 2023-01-01 2023-12-31 11261891 2022-01-01 2022-12-31 11261891 2023-12-31 11261891 2022-12-31 11261891 c:Director1 2023-01-01 2023-12-31 11261891 c:Director2 2023-01-01 2023-12-31 11261891 c:Director3 2023-01-01 2023-12-31 11261891 c:RegisteredOffice 2023-01-01 2023-12-31 11261891 d:CurrentFinancialInstruments 2023-12-31 11261891 d:CurrentFinancialInstruments 2022-12-31 11261891 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11261891 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11261891 d:ShareCapital 2023-12-31 11261891 d:ShareCapital 2022-12-31 11261891 d:RetainedEarningsAccumulatedLosses 2023-12-31 11261891 d:RetainedEarningsAccumulatedLosses 2022-12-31 11261891 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11261891 c:OrdinaryShareClass1 2023-12-31 11261891 c:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 11261891 c:FRS102 2023-01-01 2023-12-31 11261891 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11261891 c:FullAccounts 2023-01-01 2023-12-31 11261891 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11261891 6 2023-01-01 2023-12-31 11261891 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11261891














WAVE USA HOLDINGS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 DECEMBER 2023

 
WAVE USA HOLDINGS LIMITED
 
 
COMPANY INFORMATION


Directors
J M Burn 
E D French 
W L Hamilton 




Registered number
11261891



Registered office
5 Elstree Gate
Elstree Way

Borehamwood

Hertfordshire

WD6 1JD




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
WAVE USA HOLDINGS LIMITED
 

CONTENTS



Page
Directors' Report
 
1
Statement of Comprehensive Income
 
2
Statement of Financial Position
 
3
Notes to the Financial Statements
 
4 - 5


 
WAVE USA HOLDINGS LIMITED
 
 
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023

The directors present their report and the financial statements for the year ended 31 December 2023.

Directors

The directors who served during the year were:

J M Burn 
E D French 
W L Hamilton 

Directors' responsibilities statement

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgments and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.


This report was approved by the board on 1 August 2025 and signed on its behalf.
 





W L Hamilton
Director

Page 1

 
WAVE USA HOLDINGS LIMITED
 
 
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2023

The company has not traded during the year and preceding year. During these periods, the company received no income and incurred no expenditure and therefore made neither profit or loss.


  

The notes on pages 4 to 5 form part of these financial statements.

Page 2

 
WAVE USA HOLDINGS LIMITED
REGISTERED NUMBER:11261891

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 3 
8,525
8,525

Current assets
  

Debtors: amounts falling due within one year
 4 
738,687
738,687

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(663,998)
(663,998)

Net current assets
  
 
 
74,689
 
 
74,689

Net assets
  
83,214
83,214


Capital and reserves
  

Called up share capital 
 6 
150
150

Profit and loss account
  
83,064
83,064

  
83,214
83,214


For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 August 2025.




W L Hamilton
Director

The notes on pages 4 to 5 form part of these financial statements.

Page 3

 
WAVE USA HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Wave USA Holdings Limited is a private limited liability company incorporated in England and Wales with its registered office address at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the Company is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:
a) The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
b) Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Creditors

Short term creditors are measured at the transaction price.

Page 4

 
WAVE USA HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


At 1 January 2023
8,525



At 31 December 2023

8,525






Net book value



At 31 December 2023
8,525


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
738,537
738,537

Called up share capital not paid
150
150

738,687
738,687



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
663,998
663,998



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



150 Ordinary shares of £1 each
150
150


Page 5