Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08978231 MR ANGUS STEVENSON MR CRUSOE MILLAR Mr Ross Grady Mr Ross Grady iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08978231 2023-03-31 08978231 2024-03-31 08978231 2023-04-01 2024-03-31 08978231 frs-core:CurrentFinancialInstruments 2024-03-31 08978231 frs-core:Non-currentFinancialInstruments 2024-03-31 08978231 frs-core:ShareCapital 2024-03-31 08978231 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08978231 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08978231 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08978231 frs-bus:SmallEntities 2023-04-01 2024-03-31 08978231 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08978231 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08978231 frs-bus:Director1 2023-04-01 2024-03-31 08978231 frs-bus:Director2 2023-04-01 2024-03-31 08978231 frs-bus:Director3 2023-04-01 2024-03-31 08978231 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 08978231 frs-countries:EnglandWales 2023-04-01 2024-03-31 08978231 2022-03-31 08978231 2023-03-31 08978231 2022-04-01 2023-03-31 08978231 frs-core:CurrentFinancialInstruments 2023-03-31 08978231 frs-core:Non-currentFinancialInstruments 2023-03-31 08978231 frs-core:ShareCapital 2023-03-31 08978231 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08978231
TIDALWAVE BARS LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2024
PLS Management
Pls Management
44 Richmond Road
Kingston Upon Thames
KT2 5EE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08978231
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,831 29,500
Cash at bank and in hand 75 7,186
2,906 36,686
Creditors: Amounts Falling Due Within One Year 5 (165,704 ) (134,868 )
NET CURRENT ASSETS (LIABILITIES) (162,798 ) (98,182 )
TOTAL ASSETS LESS CURRENT LIABILITIES (162,798 ) (98,182 )
Creditors: Amounts Falling Due After More Than One Year 6 (19,500 ) (21,500 )
NET LIABILITIES (182,298 ) (119,682 )
CAPITAL AND RESERVES
Called up share capital 7 300 300
Profit and Loss Account (182,598 ) (119,982 )
SHAREHOLDERS' FUNDS (182,298) (119,682)
For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
MR ANGUS STEVENSON
Director
27/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
TIDALWAVE BARS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 08978231 . The registered office is 1 RANDOLPH STREET, Camden, London, NW1 0SS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Debtors
2024 2023
£ £
Due within one year
VAT 552 -
Directors' loan accounts 2,279 7,610
Amounts owed by group undertakings - 21,890
2,831 29,500
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,555 -
Bank loans and overdrafts 45,000 45,000
Other taxes and social security 32,719 16,898
Net wages - 3,170
Amounts owed to group undertakings 86,430 69,800
165,704 134,868
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 19,500 21,500
Page 2
Page 3
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
Page 3