Company Registration No. 15280690 (England and Wales)
Thousand Waves Ltd
Unaudited accounts
for the year ended 31 March 2026
Thousand Waves Ltd
Unaudited accounts
Contents
Thousand Waves Ltd
Company Information
for the year ended 31 March 2026
Director
Mr Sebastian Heckmeier
Company Number
15280690 (England and Wales)
Registered Office
1c Orleston Road
London
London
N7 8LH
England
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Thousand Waves Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
4,489
2,150
Cash at bank and in hand
209,178
189,359
Creditors: amounts falling due within one year
(79,810)
(60,139)
Net current assets
267,652
129,279
Net assets
272,141
131,429
Called up share capital
1
1
Profit and loss account
272,140
131,428
Shareholders' funds
272,141
131,429
For the year ending 31 March 2026 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 11 June 2026 and were signed on its behalf by
Mr Sebastian Heckmeier
Director
Company Registration No. 15280690
Thousand Waves Ltd
Notes to the Accounts
for the year ended 31 March 2026
Thousand Waves Ltd is a private company, limited by shares, registered in England and Wales, registration number 15280690. The registered office is 1c Orleston Road, London, London, N7 8LH, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
3yr Straight line
Fixtures & fittings
25% Reducing balance
Current asset investments are initially recorded at cost, which represents the transaction price including incidental acquisition expenses. At each subsequent balance sheet date, listed investments that are publicly traded are measured at fair value, with any unrealised gains or losses recognised immediately within the Profit and Loss account for the period.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Thousand Waves Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2025
3,225
-
3,225
At 31 March 2026
3,225
4,006
7,231
At 1 April 2025
1,075
-
1,075
Charge for the year
1,075
592
1,667
At 31 March 2026
2,150
592
2,742
At 31 March 2026
1,075
3,414
4,489
At 31 March 2025
2,150
-
2,150
Amounts falling due within one year
6
Investments held as current assets
2026
2025
Listed investments
138,284
-
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
58,701
54,207
Loans from directors
19,597
4,732
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).