REGISTERED NUMBER: 06120952 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

WAVE PARTNERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

Mr K A McGovern

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

06120952 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

7,836

1,830

Investments

5

193,914

109,500

201,750

111,330

Current assets

Cash at bank

460,693

707,607

Creditors

Amounts falling due within one year

6

27,185

257,102

Net current assets

433,508

450,505

Total assets less current liabilities

635,258

561,835

Provisions for liabilities

7

6,296

2,566

Net assets

628,962

559,269

Capital and reserves

Called up share capital

8

2

2

Revaluation reserve

18,890

10,940

Retained earnings

610,070

548,327

Shareholders' funds

628,962

559,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2025 and were signed by:

Mr K A McGovern - Director

1.	Statutory information

Wave Partners 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

20% on cost

Computer equipment

-

20% on cost

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Tangible fixed assets

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 March 2024

-

5,492

5,492

Additions

5,502

2,276

7,778

At 28 February 2025

5,502

7,768

13,270

Depreciation

At 1 March 2024

-

3,662

3,662

Charge for year

734

1,038

1,772

At 28 February 2025

734

4,700

5,434

Net book value

At 28 February 2025

4,768

3,068

7,836

At 29 February 2024

-

1,830

1,830

5.	Fixed asset investments

Other

investments

£

Cost or valuation

At 1 March 2024

109,500

Additions

87,501

Disposals

(14,767

)

Revaluations

11,680

At 28 February 2025

193,914

Net book value

At 28 February 2025

193,914

At 29 February 2024

109,500

Cost or valuation at 28 February 2025 is represented by:

Other

investments

£

Valuation in 2024

13,506

Valuation in 2025

11,680

Cost

168,728

193,914

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

857

18,664

Taxation and social security

23,492

233,496

Other creditors

2,836

4,942

27,185

257,102

7.	Provisions for liabilities

2025

2024

£

£

Deferred tax

6,296

2,566

Deferred tax

£

Balance at 1 March 2024

2,566

Charge to Profit and Loss Account during year

3,730

Balance at 28 February 2025

6,296

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£0.01

2

2