1 August 2024 false Taxfiler 2024.6 07701220business:PrivateLimitedCompanyLtd2024-08-012025-07-31 077012202024-07-31 077012202024-08-012025-07-31 07701220business:AuditExemptWithAccountantsReport2024-08-012025-07-31 07701220business:AbridgedAccounts2024-08-012025-07-31 077012202025-07-31 077012202024-07-31 07701220core:WithinOneYear2025-07-31 07701220core:WithinOneYear2024-07-31 07701220core:ShareCapitalcore:PreviouslyStatedAmount2025-07-31 07701220core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 07701220core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-07-31 07701220core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 07701220core:PreviouslyStatedAmount2025-07-31 07701220core:PreviouslyStatedAmount2024-07-31 07701220business:SmallEntities2024-08-012025-07-31 07701220business:Director12024-08-012025-07-31 07701220countries:EnglandWales2024-08-012025-07-31 07701220business:RegisteredOffice2024-08-012025-07-31 07701220core:FurnitureFittings2024-08-012025-07-31 07701220core:ComputerEquipment2024-08-012025-07-31 077012202023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 07701220 (England and Wales)
Wavelogic Solutions Ltd Unaudited accounts for the year ended 31 July 2025
Wavelogic Solutions Ltd Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,733 
4,977 
Current assets
Debtors
3,179 
8,821 
Cash at bank and in hand
21,654 
18,729 
24,833 
27,550 
Creditors: amounts falling due within one year
(814)
(6,904)
Net current assets
24,019 
20,646 
Total assets less current liabilities
27,752 
25,623 
Provisions for liabilities
Deferred tax
(562)
(562)
Net assets
27,190 
25,061 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
27,170 
25,041 
Shareholders' funds
27,190 
25,061 
For the year ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 25 November 2025 and were signed on its behalf by
Mr Shashidher Kalluri Director Company Registration No. 07701220
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Wavelogic Solutions Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Wavelogic Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 07701220. The registered office is J O Hunter House, 409 Bradford Road, Huddersfield, West Yorkshire, HD2 2RB, United Kingdom.
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:
Fixtures & fittings
25% on cost.
Computer equipment
25% on cost.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 August 2024
8,542 
At 31 July 2025
8,542 
Depreciation
At 1 August 2024
3,565 
Charge for the year
1,244 
At 31 July 2025
4,809 
Net book value
At 31 July 2025
3,733 
At 31 July 2024
4,977 
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Wavelogic Solutions Ltd Notes to the Accounts for the year ended 31 July 2025
5
Average number of employees
During the year the average number of employees was 2 (2024: 0).
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