Nextwave Group Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12904902

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		6,083		6,008

			6,083		6,008
CURRENT ASSETS
Debtors	5	381,596		180,278
Cash at bank and in hand		10,763		35,401

		392,359		215,679
Creditors: Amounts Falling Due Within One Year	6	(274,003 )		(207,527 )

NET CURRENT ASSETS (LIABILITIES)			118,356		8,152

TOTAL ASSETS LESS CURRENT LIABILITIES			124,439		14,160

NET ASSETS			124,439		14,160

CAPITAL AND RESERVES
Called up share capital			1,212		1,212
Share premium account			12,968		12,968
Profit and Loss Account			110,259		(20 )

SHAREHOLDERS' FUNDS			124,439		14,160

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Nextwave Group Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Anthony Clark

Director

23 December 2025

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

1. General Information

Nextwave Group Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 12904902 . The registered office is 85 Great Portland Street, First Floor, London, United Kingdom, W1W 7LT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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.

Financial liabilities and equity instruments issued by the company are classified in accordance with the

substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

2.3. 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.4. Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	31 March 2025	31 March 2024
Average number of employees, including directors, during the period	2	2

	2	2

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Nextwave Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Investments

	Other
	£
Cost or Valuation
As at 1 April 2024	6,008
Additions	75

As at 31 March 2025	6,083

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	6,083

As at 1 April 2024	6,008

Nextwave Consulting Italie

The company holds 70% of the share capital in Nextwave Consulting Italia SRL.

31 December 2024

Profit/(Loss): €241,142

Capital and reserves: €253,608

Nextwave Americas LLC

The company holds 75% of the share capital in Nextwave US.

31 December 2024

Profit/(Loss): $(270,260)

Capital and reserves: $(370,835)

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Other debtors	381,596	180,278

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Other creditors	274,003	207,527

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Nextwave Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Related Party Transactions

The amount due to/(from) the related party at the year end was £106,987 (2024 - (£5,910))

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