Wave Europe Ltd - Abbreviated accounts

Registered number

06800836

Wave Europe Ltd

Unaudited Abbreviated Accounts

31 January 2015

Wave Europe Ltd

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Wave Europe Ltd for the year ended 31 January 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Wave Europe Ltd for the year ended 31 January 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

Pandey & Co Ltd
Chartered Accountants
Cambridge House
32 Padwell Road
Southampton
SO14 6QZ

22 October 2015

Wave Europe Ltd
Registered number:		06800836
Abbreviated Balance Sheet
as at 31 January 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		649			866

Current assets
Stocks		20,572			30,593
Debtors		24,948			22,395
Cash at bank and in hand		28,716			4,515
		74,236			57,503

Creditors: amounts falling due within one year		(55,056)			(59,201)

Net current assets/(liabilities)			19,180			(1,698)

Net assets/(liabilities)			19,829			(832)

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			19,729			(932)

Shareholders' funds			19,829			(832)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



M. Lane
Director
Approved by the board on 22 October 2015

Wave Europe Ltd
Notes to the Abbreviated Accounts
for the year ended 31 January 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery etc			25% reducing balance


	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Tangible fixed assets					£

	Cost
	At 1 February 2014					1,540
	At 31 January 2015					1,540

	Depreciation
	At 1 February 2014					674
	Charge for the year					217
	At 31 January 2015					891

	Net book value
	At 31 January 2015					649
	At 31 January 2014					866


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100