LIFEWAVE LIMITED

Company Registration Number:
04081423 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

LIFEWAVE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

LIFEWAVE LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 1,247,053 1,251,322
Total fixed assets: 1,247,053 1,251,322
Current assets
Debtors:   121,494 136,994
Cash at bank and in hand: 279,682 91,681
Total current assets: 401,176 228,675
Creditors: amounts falling due within one year:   (645,093) (664,651)
Net current assets (liabilities): (243,917) (435,976)
Total assets less current liabilities: 1,003,136 815,346
Total net assets (liabilities): 1,003,136 815,346
Capital and reserves
Called up share capital: 4 4
Revaluation reserve:4706,564706,564
Profit and loss account: 296,568 108,778
Shareholders funds: 1,003,136 815,346

The notes form part of these financial statements

LIFEWAVE LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: Tom Cresswell
Status: Director

The notes form part of these financial statements

LIFEWAVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

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 15% Reducing Balance Motor vehicles 25% Reducing Balance

LIFEWAVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

LIFEWAVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,805,146
Additions 9,882
Disposals (4,000)
At 31 December 2024 1,811,028
Depreciation
At 01 January 2024 553,824
Charge for year 10,151
At 31 December 2024 563,975
Net book value
At 31 December 2024 1,247,053
At 31 December 2023 1,251,322

LIFEWAVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Revaluation reserve

2024
£
Balance at 01 January 2024 706,564
Surplus or deficit after revaluation 0
Balance at 31 December 2024 706,564