Phasewave Ltd - Accounts to registrar (filleted) - small 23.2.5

Phasewave Ltd

Unaudited Financial Statements for the Year Ended 31 January 2024

Page

Balance Sheet

1

FIXED ASSETS

1,163

1,453

CURRENT ASSETS

27,835

75,385

CREDITORS

Amounts falling due within one year

(20,526

)

(32,465

)

NET CURRENT ASSETS

7,309

42,920

TOTAL ASSETS LESS CURRENT LIABILITIES

8,472

44,373

CREDITORS

Amounts falling due after more than one year

8,033

12,974

NET ASSETS

439

31,399

CAPITAL AND RESERVES

439

31,399

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Phasewave Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07913218

Registered office:

Unit 4 Hurricane Drive

Hurricane Business Park

Liverpool

Merseyside

L24 8RL

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024

2023

£

£

C N Newitt

Balance outstanding at start of year

12,643

-

Amounts advanced

5,143

12,643

Amounts repaid

(12,643

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,143

12,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 25 March 2024 and were signed by:

C N Newitt - Director