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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
Page
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RIPTIDE ANALYTICS LTD Company Information for the year ended 31 July 2023
Director
Miss H Roberts
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
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RIPTIDE ANALYTICS LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,007 
4,632 
Current assets
Debtors
28,585 
5,690 
Cash at bank and in hand
30,863 
29,646 
59,448 
35,336 
Creditors: amounts falling due within one year
(28,775)
(22,786)
Net current assets
30,673 
12,550 
Net assets
35,680 
17,182 
Capital and reserves
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
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RIPTIDE ANALYTICS LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
15%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2022
7,059 
Additions
1,258 
At 31 July 2023
8,317 
Depreciation
At 1 August 2022
2,427 
Charge for the year
883 
At 31 July 2023
3,310 
Net book value
At 31 July 2023
5,007 
At 31 July 2022
4,632 
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RIPTIDE ANALYTICS LTD Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,585 
5,690 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,582 
3,588 
Taxes and social security
13,178 
8,078 
Loans from directors
10,015 
11,120 
28,775 
22,786 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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