Greenwaves Management Company Limited - Accounts to registrar (filleted) - small 23.1.2

Greenwaves Management Company Limited - Accounts to registrar (filleted) - small 23.1.2

GREENWAVES MANAGEMENT COMPANY LIMITED - Company Information

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IRIS Accounts Production v23.2.0.158 05275839 Board of Directors 1.4.22 31.3.23 31.3.23 0 0 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure052758392022-03-31052758392023-03-31052758392022-04-012023-03-31052758392021-03-31052758392021-04-012022-03-31052758392022-03-3105275839ns16:EnglandWales2022-04-012023-03-3105275839ns15:PoundSterling2022-04-012023-03-3105275839ns11:Director12022-04-012023-03-3105275839ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3105275839ns11:SmallEntities2022-04-012023-03-3105275839ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3105275839ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105275839ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3105275839ns11:FullAccounts2022-04-012023-03-3105275839ns11:OrdinaryShareClass12022-04-012023-03-3105275839ns11:Director22022-04-012023-03-3105275839ns11:Director32022-04-012023-03-3105275839ns11:Director42022-04-012023-03-3105275839ns11:CompanySecretary12022-04-012023-03-3105275839ns11:RegisteredOffice2022-04-012023-03-3105275839ns6:CurrentFinancialInstruments2023-03-3105275839ns6:CurrentFinancialInstruments2022-03-3105275839ns6:ShareCapital2023-03-3105275839ns6:ShareCapital2022-03-3105275839ns6:FurtherSpecificReserve1ComponentTotalEquity2023-03-3105275839ns6:FurtherSpecificReserve1ComponentTotalEquity2022-03-3105275839ns6:RetainedEarningsAccumulatedLosses2023-03-3105275839ns6:RetainedEarningsAccumulatedLosses2022-03-3105275839ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 05275839 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

GREENWAVES MANAGEMENT COMPANY LIMITED

GREENWAVES MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 05275839)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GREENWAVES MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: J E Bailey
C E Goss
P Gray
D Grace





SECRETARY: J E Bailey





REGISTERED OFFICE: The Lightbox
87 Castle Street
Reading
Berkshire
RG1 7SN





REGISTERED NUMBER: 05275839 (England and Wales)





ACCOUNTANTS: Haines Watts
The Lightbox
87 Castle Street
Reading
Berkshire
RG1 7SN
Page 1
GREENWAVES MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 05275839)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £ £
CURRENT ASSETS
Debtors 4 1,416 1,392
Cash at bank 5 8,991 5,497
10,407 6,889
CREDITORS
Amounts falling due within one year 6 3,479 1,707
NET CURRENT ASSETS 6,928 5,182
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,928
5,182

CAPITAL AND RESERVES
Called up share capital 7 8 8
Other reserves 6,729 5,029
Retained earnings 191 145
SHAREHOLDERS' FUNDS 6,928 5,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 26 July 2023 and were signed on its behalf by:





C E Goss - Director


The notes form part of these financial statements

Page 2
GREENWAVES MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 05275839)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Greenwaves Management Company 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.

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.

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. In particular, in response to the COVID-19 pandemic, the Directors have tested their cash flow analysis to take into account the impact on their business of possible scenarios brought on by the impact of COVID-19, alongside the measures that they can take to mitigate the impact. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Page 3
GREENWAVES MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 05275839)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Prepayments and accrued income 1,416 1,392

5. CASH AT BANK
2023 2022
£ £
Bank 8,991 5,497

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Accruals and deferred income 3,479 1,707

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
8 Ordinary Shares £1 8 8

Page 4