Company Registration No. 12087176 (England and Wales)
RIPTIDE ANALYTICS LTD
Unaudited accounts
for the year ended 31 July 2023
RIPTIDE ANALYTICS LTD
Unaudited accounts
Contents
RIPTIDE ANALYTICS LTD
Company Information
for the year ended 31 July 2023
Company Number
12087176 (England and Wales)
Registered Office
40 West Grove
Rhostyllen
Wrexham
LL14 4BN
Wales
Accountants
My Accountancy Hub
Level One, Basecamp Liverpool
49 Jamaica Street
Liverpool
L1 0AH
RIPTIDE ANALYTICS LTD
Statement of financial position
as at 31 July 2023
Tangible assets
5,007
4,632
Cash at bank and in hand
30,863
29,646
Creditors: amounts falling due within one year
(28,775)
(22,786)
Net current assets
30,673
12,550
Called up share capital
1
1
Profit and loss account
35,679
17,181
Shareholders' funds
35,680
17,182
For the year ending 31 July 2023 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 her 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 25 September 2023 and were signed on its behalf by
Miss H Roberts
Director
Company Registration No. 12087176
RIPTIDE ANALYTICS LTD
Notes to the Accounts
for the year ended 31 July 2023
RIPTIDE ANALYTICS LTD is a private company, limited by shares, registered in England and Wales, registration number 12087176. The registered office is 40 West Grove, Rhostyllen, Wrexham, LL14 4BN, Wales.
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.
These financial statements for the year ended 31 July 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Fixtures & fittings
RIPTIDE ANALYTICS LTD
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
28,585
5,690
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
13,178
8,078
Loans from directors
10,015
11,120
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).