WAVETEL BUSINESS LTD - Filleted accounts

Registered number

10993083

WAVETEL BUSINESS LTD

Filleted Accounts

31 October 2025

WAVETEL BUSINESS LTD
Registered number:		10993083
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		83,256			49,634

Current assets
Stocks		98,945			96,290
Debtors	4	159,473			126,719
Cash at bank and in hand		33,399			14,534
		291,817			237,543

Creditors: amounts falling due within one year	5	(130,649)			(114,308)

Net current assets			161,168			123,235

Total assets less current liabilities			244,424			172,869

Creditors: amounts falling due after more than one year	6		(72,750)			(25,305)



Net assets			171,674			147,564

Capital and reserves
Called up share capital			20,000			20,000
Profit and loss account			151,674			127,564

Shareholder's funds			171,674			147,564

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Nighat Saeed
Director
Approved by the board on 16 May 2026

WAVETEL BUSINESS LTD
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures & fittings, office equiment			20% reducing balance
	Motor vehicles			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					9		8


3	Tangible fixed assets
		Office equipment		Fixture & fittings		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	37,323		11,359		54,616		103,298
	Additions	1,945		567		51,923		54,435
	At 31 October 2025	39,268		11,926		106,539		157,733

	Depreciation
	At 1 November 2024	19,786		7,225		26,653		53,664
	Charge for the year	3,896		940		15,977		20,813
	At 31 October 2025	23,682		8,165		42,630		74,477

	Net book value
	At 31 October 2025	15,586		3,761		63,909		83,256
	At 31 October 2024	17,537		4,134		27,963		49,634


4	Debtors					2025		2024
£							£

	Trade debtors					89,077		80,953
	Prepayments					4,500		4,500
	Other debtors					65,896		41,266
						159,473		126,719

	Other debtors includes £56,100 receivable from SS Investments Holding Ltd

5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					9,951		9,335
	Taxation and social security costs					102,725		86,404
	Accruals					2,146		3,813
	Other creditors					15,827		14,756
						130,649		114,308


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					18,750		12,506
	Other creditors					54,000		12,799
						72,750		25,305


7	Other information

	WAVETEL BUSINESS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	843 High Road
	Goodmayes
	IG3 8TG