REGISTERED NUMBER: 13116299 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

WAKEFLOW LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

A M Kater

Registered office:

39 Lilestone Street

London

NW8 8SS

Registered number:

13116299 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

2,116

1,838

Current assets

Debtors

5

377,301

111,647

Cash at bank

116,642

44,989

493,943

156,636

Creditors

Amounts falling due within one year

6

128,006

48,692

Net current assets

365,937

107,944

Total assets less current liabilities

368,053

109,782

Capital and reserves

Called up share capital

7

80

80

Retained earnings

367,973

109,702

Shareholders' funds

368,053

109,782

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2025 and were signed by:

A M Kater - Director

1.	Statutory information

Wakeflow 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements are for the year ended 31 January 2025 (2024: year ended 31 January 2024).

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.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue recognition

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Taxation

Taxation for the year comprises of current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Tax credits shown on the Income Statement represent tax credits received from HMRC as a result of claims made under HMRC’s R&D tax relief schemes.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 3 ) .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 February 2024

3,295

Additions

1,338

At 31 January 2025

4,633

Depreciation

At 1 February 2024

1,457

Charge for year

1,060

At 31 January 2025

2,517

Net book value

At 31 January 2025

2,116

At 31 January 2024

1,838

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

100,537

87,680

Other debtors

276,764

23,967

377,301

111,647

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

6,266

1,380

Taxation and social security

116,395

47,156

Other creditors

5,345

156

128,006

48,692

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

800,000

Ordinary

£0.0001

80

80

8.	Related party disclosures

During the year the director loaned the company £100 (2024: £97,306) and received repayments from the company totalling £275,754 (2024: £94,016). At the statement of financial position date, the company was owed £275,654 from the director (2024: £nil). The loans bear interest at a rate of 2.25% per annum and are repayable on demand.

9.	Ultimate controlling party

The ultimate controlling party is A M Kater.