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REGISTERED NUMBER: 07194392 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Tidalzone Ltd

Tidalzone Ltd (Registered number: 07194392)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tidalzone Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTOR: K Milward





REGISTERED OFFICE: Boston House
Grove Business park
Downsview park
Wantage
Oxfordshire
OX12 9FF





REGISTERED NUMBER: 07194392 (England and Wales)





ACCOUNTANTS: Webb Teasdale Accountancy Ltd
Boston House
Grove Business Park
Downsview Road
Wantage
Oxfordshire
OX12 9FF

Tidalzone Ltd (Registered number: 07194392)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,454 3,093
3,454 3,093

CURRENT ASSETS
Debtors 6 269,468 223,816
Cash at bank 66,598 80,725
336,066 304,541
CREDITORS
Amounts falling due within one year 7 50,645 86,658
NET CURRENT ASSETS 285,421 217,883
TOTAL ASSETS LESS CURRENT
LIABILITIES

288,875

220,976

PROVISIONS FOR LIABILITIES 738 588
NET ASSETS 288,137 220,388

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 288,136 220,387
SHAREHOLDERS' FUNDS 288,137 220,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

Tidalzone Ltd (Registered number: 07194392)

Balance Sheet - continued
30 September 2023


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 by the director and authorised for issue on 16 January 2024 and were signed by:





K Milward - Director


Tidalzone Ltd (Registered number: 07194392)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Tidalzone Ltd 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 1 (2022 - 1 ) .

Tidalzone Ltd (Registered number: 07194392)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 10,000
AMORTISATION
At 1 October 2022
and 30 September 2023 10,000
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 22,585
Additions 2,574
At 30 September 2023 25,159
DEPRECIATION
At 1 October 2022 19,492
Charge for year 2,213
At 30 September 2023 21,705
NET BOOK VALUE
At 30 September 2023 3,454
At 30 September 2022 3,093

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 28,933 24,420
Other debtors 179,937 149,160
208,870 173,580

Amounts falling due after more than one year:
Other debtors 60,598 50,236

Aggregate amounts 269,468 223,816

Tidalzone Ltd (Registered number: 07194392)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 49,020 85,032
Other creditors 1,625 1,626
50,645 86,658

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Directors loans are repayable on demand, and are interest free up to a limit of £10000 above which interest will be charged at the HMRC specified rate.

As at 30th September 2023 the Director owed the Company £179,549.
Corporation tax under S455 CTA 2010 has been charged on this overdrawn directors loan account.