2023-05-01 2024-04-30 false No description of principal activity Capium Accounts Production 1.1 SC728587 bus:FullAccounts 2023-05-01 2024-04-30 SC728587 bus:FRS102 2023-05-01 2024-04-30 SC728587 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 SC728587 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC728587 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC728587 2023-05-01 2024-04-30 SC728587 2024-04-30 SC728587 bus:RegisteredOffice 2023-05-01 2024-04-30 SC728587 core:WithinOneYear 2024-04-30 SC728587 core:AfterOneYear 2024-04-30 SC728587 bus:Director1 2023-05-01 2024-04-30 SC728587 bus:Director1 2024-04-30 SC728587 bus:Director1 2022-05-01 2023-04-30 SC728587 bus:Director2 2023-05-01 2024-04-30 SC728587 bus:Director2 2024-04-30 SC728587 bus:Director2 2022-05-01 2023-04-30 SC728587 2022-05-01 SC728587 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 SC728587 2022-05-01 2023-04-30 SC728587 2023-04-30 SC728587 core:WithinOneYear 2023-04-30 SC728587 core:AfterOneYear 2023-04-30 SC728587 bus:EntityAccountantsOrAuditors 2022-05-01 2023-04-30 SC728587 core:LandBuildings 2023-05-01 2024-04-30 SC728587 core:LandBuildings 2024-04-30 SC728587 core:LandBuildings 2023-04-30 SC728587 core:FurnitureFittings 2023-05-01 2024-04-30 SC728587 core:FurnitureFittings 2024-04-30 SC728587 core:FurnitureFittings 2023-04-30 SC728587 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-04-30 SC728587 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-04-30 SC728587 core:CostValuation core:Non-currentFinancialInstruments 2024-04-30 SC728587 core:CostValuation core:Non-currentFinancialInstruments 2023-04-30 SC728587 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-04-30 SC728587 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 SC728587 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 SC728587 core:Non-currentFinancialInstruments 2024-04-30 SC728587 core:Non-currentFinancialInstruments 2023-04-30 SC728587 core:ShareCapital 2024-04-30 SC728587 core:ShareCapital 2023-04-30 SC728587 core:RetainedEarningsAccumulatedLosses 2024-04-30 SC728587 core:RetainedEarningsAccumulatedLosses 2023-04-30 SC728587 dpl:Item1 2023-05-01 SC728587 dpl:Item1 2024-04-30 SC728587 dpl:Item1 2022-05-01 SC728587 dpl:Item1 2023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: SC728587
Scotland

 

 

 


Unaudited Financial Statements

for the year ended 30 April 2024

for

TIDAL REACH LIMITED

Directors Ben Wilkinson
Suneeta Wilkinson
Registered Number SC728587
Registered Office 10 Binniehill Road
Cumbernauld
Glasgow
North Lanarkshire
G68 9AJ
Accountants FBD Consultancy Accounts & Tax Ltd.
4 Glasgow Road
Dennyloanhead
FK4 1QF
1
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 30 April 2024.
Directors
The directors who served the company throughout the year were as follows:
Ben Wilkinson
Suneeta Wilkinson
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
Ben Wilkinson
Director

Date approved: 22 October 2024
2
You believe that Tidal Reach Limited is exempt from an audit for the year ended 30 April 2024 . You acknowledge your responsibilities for complying with the requirements of the Companies Act 2006, with respect to the company's accounting records and the preparation of its accounts. The responsibilities of the directors include ensuring that the accounts present a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year ended 30 April 2024.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Tidal Reach Limited for the year ended 30 April 2024 as set out, which comprise the which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements. Accordingly, our work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.











....................................................

FBD Consultancy Accounts & Tax Ltd.

4 Glasgow Road
Dennyloanhead
FK4 1QF
22 October 2024
3
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 405,383    234,811 
405,383    234,811 
Current assets      
Debtors 4 4,820    5,681 
Cash at bank and in hand 1,539    53 
6,359    5,734 
Creditors: amount falling due within one year (241,019)   (249,516)
Net current assets (234,660)   (243,782)
 
Total assets less current liabilities 170,723    (8,971)
Provisions for liabilities 5 (33,773)  
Net assets 136,950    (8,971)
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 136,948    (8,973)
Shareholders' funds 136,950    (8,971)
 


For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 22 October 2024 and were signed on its behalf by:


-------------------------------
Ben Wilkinson
Director
4
General Information
Tidal Reach Limited is a private company, limited by shares, registered in Scotland, registration number SC728587, registration address 10 Binniehill Road, Cumbernauld, Glasgow, North Lanarkshire, G68 9AJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 5 Straight Line
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Fixtures and Fittings   Total
  £   £   £
At 01 May 2023 227,633    8,972    236,605 
Additions    
Disposals    
Revaluations 172,367      172,367 
At 30 April 2024 400,000    8,972    408,972 
Depreciation
At 01 May 2023   1,794    1,794 
Charge for year   1,795    1,795 
On disposals    
At 30 April 2024   3,589    3,589 
Net book values
Closing balance as at 30 April 2024 400,000    5,383    405,383 
Opening balance as at 01 May 2023 227,633    7,178    234,811 


4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 4,820    5,681 
4,820    5,681 

5.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 33,773   
33,773   

5