Waves Management Limited iXBRL

Waves Management Limited

Abridged Unaudited Financial Statements

for the financial year ended 31 May 2026

Waves Management Limited

DIRECTOR'S REPORT

for the financial year ended 31 May 2026

The director presents his report and the unaudited financial statements for the financial year ended 31 May 2026.

Principal Activity

Flat Management

Director

The director who served during the financial year is as follows:

Charles Vickery

There were no changes in shareholdings between 31 May 2026 and the date of signing the financial statements.

In accordance with the Constitution, the director retire by rotation and, being eligible, offer themselves for re-election.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

■

select suitable accounting policies and apply them consistently;

■

make judgements and accounting estimates that are reasonable and prudent;

■

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Charles Vickery

Director

9 July 2026

Waves Management Limited

ABRIDGED PROFIT AND LOSS ACCOUNT

for the financial year ended 31 May 2026

	2026	2025
Notes	£	£

Gross profit	17,615	16,082

Administrative expenses	(11,020)	(8,606)
	─────────	─────────
Operating profit	6,595	7,476

Interest receivable and similar income	250	200
	─────────	─────────
Profit before taxation	6,845	7,676

Tax on profit	-	-
	─────────	─────────
Profit for the financial year	6,845	7,676
	─────────	─────────
Total comprehensive income	6,845	7,676
	═════════	═════════

Waves Management Limited

Company Registration Number: 04482830

ABRIDGED BALANCE SHEET

as at 31 May 2026

		2026	2025
	Notes	£	£

Current Assets

Cash and cash equivalents

35,761

28,886

Creditors: amounts falling due within one year

(610)

(580)

─────────

Net Current Assets

35,151

28,306

─────────

Total Assets less Current Liabilities

35,151

28,306

═════════

Capital and Reserves

Called up share capital

Retained earnings

35,143

28,298

─────────

Equity attributable to owners of the company

35,151

28,306

═════════

These abridged financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

For the financial year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 9 July 2026



________________________________
Charles Vickery
Director

Waves Management Limited

STATEMENT OF CHANGES IN EQUITY

as at 31 May 2026

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 June 2024	8	20,622	20,630
	─────────	─────────	─────────
Profit for the financial year	-	7,676	7,676
	─────────	─────────	─────────
At 31 May 2025	8	28,298	28,306
	─────────	─────────	─────────
Profit for the financial year	-	6,845	6,845
	─────────	─────────	─────────
At 31 May 2026	8	35,143	35,151
	═════════	═════════	═════════

Waves Management Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 May 2026

General Information

Waves Management Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 04482830. The registered office of the company is which is also the principal place of business of the company. Flat Management The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 May 2026 have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) issued by the Financial Reporting Council and in accordance with the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Cash flow statement

The company has availed of the exemption in FRS 102 from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including director, during the financial year was 0, (2025 - 0).

Capital commitments

The company had no material capital commitments at the financial year-ended 31 May 2026.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.