Tide Communications Limited 04324951 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is the provision of telecommunications consultancy and services. Digita Accounts Production Advanced 6.30.9574.0 true true true 04324951 2023-04-01 2024-03-31 04324951 2024-03-31 04324951 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 04324951 bus:SmallEntities 2023-04-01 2024-03-31 04324951 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04324951 bus:FilletedAccounts 2023-04-01 2024-03-31 04324951 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04324951 bus:RegisteredOffice 2023-04-01 2024-03-31 04324951 bus:Director3 2023-04-01 2024-03-31 04324951 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04324951 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-04-01 2024-03-31 04324951 core:OtherRelatedParties 2023-04-01 2024-03-31 04324951 core:ParentEntities 2023-04-01 2024-03-31 04324951 1 2023-04-01 2024-03-31 04324951 countries:EnglandWales 2023-04-01 2024-03-31 04324951 2022-04-01 2023-03-31 04324951 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 04324951

Tide Communications Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Tide Communications Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Tide Communications Limited

(Registration number: 04324951)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Creditors: Amounts falling due within one year

4

(64,684)

(64,071)

Capital and reserves

 

Called up share capital

2

2

Share premium reserve

7,465

7,465

Retained earnings

(72,151)

(71,538)

Shareholders' deficit

 

(64,684)

(64,071)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 September 2024 and signed on its behalf by:
 

.........................................
J Mittens
Director

 

Tide Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Tide Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

24,313

24,313

Amounts owed to related parties

5

6,121

5,508

Other creditors

 

34,250

34,250

 

64,684

64,071

5

Related party transactions

Summary of transactions with parent

Tide Management Limited (a company of which J Mittens is a significant shareholder). At the balance sheet date the amount due to Tide Management Limited was £1,325 (2023: £1,325).
 

Summary of transactions with entities with joint control or significant interest

Saiph Communications Limited (a company owned wholly by Saiph Group Limited, of which J Mittens is a significant shareholder). At the balance sheet date the amount due to Saiph Communications Ltd was £4,796 (2023: £4,183)
 

Summary of transactions with other related parties

J Mittens (director) had a loan with the company. At the balance sheet date the amount due to J Mittens was £2,100 (2023: £2,100).
 

6

Parent and ultimate parent undertaking

The company's immediate parent is Tide Management Limited, incorporated in England and Wales.