1 January 2024 false No description of principal activity Taxfiler 2024.6 07604554business:PrivateLimitedCompanyLtd2024-01-012024-12-31 076045542023-12-31 076045542024-01-012024-12-31 07604554business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 07604554business:FilletedAccounts2024-01-012024-12-31 076045542024-12-31 07604554business:Director12024-01-012024-12-31 07604554business:RegisteredOffice2024-01-012024-12-31 076045542023-12-31 07604554core:AfterOneYear2024-12-31 07604554core:AfterOneYear2023-12-31 07604554core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 07604554core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 07604554core:RevaluationReservecore:PreviouslyStatedAmount2024-12-31 07604554core:RevaluationReservecore:PreviouslyStatedAmount2023-12-31 07604554core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 07604554core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 07604554core:PreviouslyStatedAmount2024-12-31 07604554core:PreviouslyStatedAmount2023-12-31 07604554business:SmallEntities2024-01-012024-12-31 07604554countries:EnglandWales2024-01-012024-12-31 07604554core:FurnitureFittings2024-01-012024-12-31 07604554core:PlantMachinery2023-12-31 07604554core:MotorVehicles2023-12-31 07604554core:FurnitureFittings2023-12-31 07604554core:PlantMachinery2024-01-012024-12-31 07604554core:MotorVehicles2024-01-012024-12-31 07604554core:PlantMachinery2024-12-31 07604554core:MotorVehicles2024-12-31 07604554core:FurnitureFittings2024-12-31 07604554core:AfterOneYear2024-01-012024-12-31 07604554business:OrdinaryShareClass12024-01-012024-12-31 07604554business:OrdinaryShareClass12023-01-012023-12-31 076045542023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07604554 (England and Wales)
BLUEWAVE HOLDINGS (UK) LTD Unaudited accounts for the year ended 31 December 2024
BLUEWAVE HOLDINGS (UK) LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
BLUEWAVE HOLDINGS (UK) LTD Company Information for the year ended 31 December 2024
Director
SOHAIL NAWAZ
Company Number
07604554 (England and Wales)
Registered Office
23-27 KING STREET LUTON BEDFORDSHIRE LU1 2DW
- 3 -
BLUEWAVE HOLDINGS (UK) LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
87,449 
96,817 
Investment property
5
3,245,000 
3,245,000 
3,332,449 
3,341,817 
Current assets
Cash at bank and in hand
74,058 
9,792 
Net current assets
74,058 
9,792 
Total assets less current liabilities
3,406,507 
3,351,609 
Creditors: amounts falling due after more than one year
6
(1,911,484)
(1,871,876)
Net assets
1,495,023 
1,479,733 
Capital and reserves
Called up share capital
7
10,000 
10,000 
Revaluation reserve
1,296,980 
1,296,980 
Profit and loss account
188,043 
172,753 
Shareholders' funds
1,495,023 
1,479,733 
For the year ending 31 December 2024 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.
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 26 December 2025 and were signed on its behalf by
SOHAIL NAWAZ Director Company Registration No. 07604554
- 4 -
BLUEWAVE HOLDINGS (UK) LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
BLUEWAVE HOLDINGS (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 07604554. The registered office is 23-27 KING STREET, LUTON, BEDFORDSHIRE, LU1 2DW.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10%
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
- 5 -
BLUEWAVE HOLDINGS (UK) LTD Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
25,816 
54,995 
78,645 
159,456 
Additions
- 
- 
3,500 
3,500 
At 31 December 2024
25,816 
54,995 
82,145 
162,956 
Depreciation
At 1 January 2024
12,057 
15,581 
35,001 
62,639 
Charge for the year
3,439 
- 
9,429 
12,868 
At 31 December 2024
15,496 
15,581 
44,430 
75,507 
Net book value
At 31 December 2024
10,320 
39,414 
37,715 
87,449 
At 31 December 2023
13,759 
39,414 
43,644 
96,817 
5
Investment property
2024 
£ 
Fair value at 1 January 2024
3,245,000 
At 31 December 2024
3,245,000 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,663,535 
1,147,854 
Trade creditors
- 
35,587 
Other creditors
247,949 
688,435 
1,911,484 
1,871,876 
Other loans that are included in the creditors due after one year are fully associated with borrowing made from the director. He has invested his own money to fulfill the purchase of properties that are held within the company
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -