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Company Registration No. 15622977 (England and Wales)
Third Wave Pasta Ltd Unaudited accounts for the period from 6 April 2024 to 30 April 2025
Third Wave Pasta Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Third Wave Pasta Ltd Company Information for the period from 6 April 2024 to 30 April 2025
Directors
Jake James Ansbro Patrick Christopher Brown
Company Number
15622977 (England and Wales)
Registered Office
20 Wenlock Road London N1 7GU England
Accountants
Ratiobox Limited 17-19 Sawmills Road Diss IP22 4GG
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Third Wave Pasta Ltd Statement of financial position as at 30 April 2025
2025
Notes
£
Fixed assets
Tangible assets
4
22,814
Current assets
Inventories
9,673
Debtors
5
133,808
Cash at bank and in hand
129,612
273,093
Creditors: amounts falling due within one year
6
(232,301)
Net current assets
40,792
Total assets less current liabilities
63,606
Provisions for liabilities
Deferred tax
(5,703)
Net assets
57,903
Capital and reserves
Called up share capital
10,000
Profit and loss account
47,903
Shareholders' funds
57,903
For the period ending 30 April 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 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 of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by
Jake James Ansbro Director Company Registration No. 15622977
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Third Wave Pasta Ltd Notes to the Accounts for the period from 6 April 2024 to 30 April 2025
1
Statutory information
Third Wave Pasta Ltd is a private company, limited by shares, registered in England and Wales, registration number 15622977. The registered office is 20 Wenlock Road, London, N1 7GU, England.
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 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 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
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
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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.
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Third Wave Pasta Ltd Notes to the Accounts for the period from 6 April 2024 to 30 April 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 6 April 2024
-
-
-
-
Additions
19,994
7,602
2,822
30,418
At 30 April 2025
19,994
7,602
2,822
30,418
Depreciation
Charge for the period
4,998
1,901
705
7,604
At 30 April 2025
4,998
1,901
705
7,604
Net book value
At 30 April 2025
14,996
5,701
2,117
22,814
5
Debtors
2025
£
Amounts falling due within one year
Amounts due from group undertakings etc.
107,504
Accrued income and prepayments
15,625
Other debtors
10,679
133,808
6
Creditors: amounts falling due within one year
2025
£
Trade creditors
83,237
Taxes and social security
145,971
Other creditors
3,093
232,301
7
Average number of employees
During the period the average number of employees was 34.
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