Company Registration No. 11081365 (England and Wales)
Betwave Ltd
Unaudited accounts
for the year ended 30 November 2025
Betwave Ltd
Unaudited accounts
Contents
Betwave Ltd
Company Information
for the year ended 30 November 2025
Company Number
11081365 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
United Kingdom
Accountants
MMD Accounting Ltd
61 Amhurst Road
London
E8 1LL
Betwave Ltd
Statement of financial position
as at 30 November 2025
Intangible assets
-
251,741
Tangible assets
2,026
3,004
Cash at bank and in hand
7,025
2,687
Creditors: amounts falling due within one year
(53,181)
(268,824)
Net current assets/(liabilities)
275,726
(233,648)
Total assets less current liabilities
277,752
21,097
Creditors: amounts falling due after more than one year
(365,496)
(390,565)
Net liabilities
(87,744)
(369,468)
Called up share capital
1
1
Profit and loss account
(87,745)
(369,469)
Shareholders' funds
(87,744)
(369,468)
For the year ending 30 November 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 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 24 August 2026 and were signed on its behalf by
Alex Phil
Director
Company Registration No. 11081365
Betwave Ltd
Notes to the Accounts
for the year ended 30 November 2025
Betwave Ltd is a private company, limited by shares, registered in England and Wales, registration number 11081365. The registered office is 124 City Road, London, EC1V 2NX, United Kingdom.
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.
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
33% reducing balance
Computer equipment
33% reducing balance
Intangible fixed assets are IT software. It is amortised to the income statement over its estimated economic life of ten years
4
Intangible fixed assets
Other
At 1 December 2024
253,856
Charge for the year
(2,115)
At 30 November 2024
251,741
Intangible Asset derecognised (IT Software) as no future economic benefits are expected
Betwave Ltd
Notes to the Accounts
for the year ended 30 November 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2024
33,383
12,196
45,579
At 30 November 2025
33,383
12,196
45,579
At 1 December 2024
31,134
11,441
42,575
Charge for the year
729
249
978
At 30 November 2025
31,863
11,690
43,553
At 30 November 2025
1,520
506
2,026
At 30 November 2024
2,249
755
3,004
Amounts falling due within one year
Accrued income and prepayments
162,813
32,489
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
49,581
46,811
Loans from directors
-
13,235
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
365,496
390,565
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).