REGISTERED NUMBER: 07746413 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Blue Wave Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

J N Swanston

S Davey

SECRETARY:

J N Swanston

REGISTERED OFFICE:

Hillview

13 Caumont Close

Uffculme

Cullompton

Devon

EX15 3XY

REGISTERED NUMBER:

07746413 (England and Wales)

ACCOUNTANTS:

A Plus Accountancy & Business Solutions Limited

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

FIXED ASSETS

Tangible assets

4

184,271

180,640

CURRENT ASSETS

Stocks

1,000

23,744

Debtors

5

1,242

945

2,242

24,689

CREDITORS

Amounts falling due within one year

6

82,853

110,121

NET CURRENT LIABILITIES

(80,611

)

(85,432

)

TOTAL ASSETS LESS CURRENT LIABILITIES

103,660

95,208

CREDITORS

Amounts falling due after more than one year

7

(26,318

)

(35,684

)

PROVISIONS FOR LIABILITIES

(5,963

)

(5,013

)

NET ASSETS

71,379

54,511

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

31,383

26,383

Retained earnings

39,896

28,028

SHAREHOLDERS' FUNDS

71,379

54,511

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

J N Swanston - Director

S Davey - Director

1.	STATUTORY INFORMATION

Blue Wave Construction Limited 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.

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Tools & equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

Tools &

Motor

Computer

property

equipment

vehicles

equipment

Totals

£

£

£

£

£

COST OR VALUATION

At 1 September 2024

175,000

38,961

8,708

9,001

231,670

Additions

-

265

-

-

265

Disposals

-

-

(8,708

)

-

(8,708

)

Revaluations

5,000

-

-

-

5,000

At 31 August 2025

180,000

39,226

-

9,001

228,227

DEPRECIATION

At 1 September 2024

-

34,259

8,499

8,272

51,030

Charge for year

-

1,243

-

182

1,425

Eliminated on disposal

-

-

(8,499

)

-

(8,499

)

At 31 August 2025

-

35,502

-

8,454

43,956

NET BOOK VALUE

At 31 August 2025

180,000

3,724

-

547

184,271

At 31 August 2024

175,000

4,702

209

729

180,640

Cost or valuation at 31 August 2025 is represented by:

Freehold

Tools &

Motor

Computer

property

equipment

vehicles

equipment

Totals

£

£

£

£

£

Valuation in 2020

148,617

36,499

8,708

8,851

202,675

Valuation in 2021

21,383

748

-

-

22,131

Valuation in 2022

-

404

-

-

404

Valuation in 2023

-

481

-

150

631

Valuation in 2024

5,000

829

-

-

5,829

Valuation in 2025

5,000

265

(8,708

)

-

(3,443

)

180,000

39,226

-

9,001

228,227

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

1,242

945

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

19,036

20,445

Trade creditors

3,141

23,681

Taxation and social security

36,223

43,428

Other creditors

24,453

22,567

82,853

110,121

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

26,318

35,684

8.

RESERVES

Fair

value

reserve

£

At 1 September 2024

26,383

Revaluation reserve

5,000

At 31 August 2025

31,383

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

J N Swanston

Balance outstanding at start of year

(27

)

(322

)

Amounts advanced

16,444

30,535

Amounts repaid

(16,800

)

(30,240

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(383

)

(27

)

S Davey

Balance outstanding at start of year

(12,406

)

(15,182

)

Amounts advanced

15,860

33,016

Amounts repaid

(16,800

)

(30,240

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(13,346

)

(12,406

)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2025 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

A Plus Accountancy & Business Solutions Limited

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

Date: .............................................