Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30false2023-12-01No description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15316518 2023-11-30 15316518 2023-12-01 2024-11-30 15316518 2022-12-01 2023-11-30 15316518 2024-11-30 15316518 c:Director1 2023-12-01 2024-11-30 15316518 d:CurrentFinancialInstruments 2024-11-30 15316518 d:Non-currentFinancialInstruments 2024-11-30 15316518 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 15316518 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 15316518 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-11-30 15316518 d:ShareCapital 2024-11-30 15316518 d:RetainedEarningsAccumulatedLosses 2024-11-30 15316518 c:FRS102 2023-12-01 2024-11-30 15316518 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 15316518 c:FullAccounts 2023-12-01 2024-11-30 15316518 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 15316518 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 15316518









WAVE JACKET LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
WAVE JACKET LTD
REGISTERED NUMBER: 15316518

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
Note
£

  

CURRENT ASSETS
  

Stocks
  
192

Debtors
  
8,384

Cash at bank and in hand
 4 
66,379

  
74,955

Creditors: amounts falling due within one year
 5 
(10,598)

NET CURRENT ASSETS
  
 
 
64,357

TOTAL ASSETS LESS CURRENT LIABILITIES
  
64,357

Creditors: amounts falling due after more than one year
 6 
(100,000)

  

NET (LIABILITIES)/ASSETS
  
(35,643)


CAPITAL AND RESERVES
  

Called up share capital 
  
100

Profit and loss account
  
(35,743)

  
(35,643)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 director acknowledges his 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 have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Charles Bernard Maxwell Ward
Director

Page 1

 
WAVE JACKET LTD
REGISTERED NUMBER: 15316518
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

Date: 22 August 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
WAVE JACKET LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


GENERAL INFORMATION

Wave Jacket Ltd (Company number 15316518), the company is a private company limited by shares, registered in England and Wales. The address of the registered office is 27 Aubert Park, London, England, N5 1TP.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.3

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. 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 balance sheet 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 balance sheet date, except that:
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
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 except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 3

 
WAVE JACKET LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 1.


4.


CASH AND CASH EQUIVALENTS

2024
£

Cash at bank and in hand
66,379

66,379


Page 4

 
WAVE JACKET LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


CREDITORS: Amounts falling due within one year

2024
£

Other creditors
9,098

Accruals and deferred income
1,500

10,598



6.


CREDITORS: Amounts falling due after more than one year

2024
£

Loans
100,000

100,000



7.


LOANS


Analysis of the maturity of loans is given below:


2024
£




Amounts falling due after more than 5 years

Loans
100,000

100,000

100,000


 
Page 5