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REGISTERED NUMBER: 14662092 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TIDAL TECHNOLOGIES LIMITED

TIDAL TECHNOLOGIES LIMITED (REGISTERED NUMBER: 14662092)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TIDAL TECHNOLOGIES LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2025







DIRECTORS: Mr J A C Scrimgeour
Mr J T Conybeare-Cross
Mr D D Scott
Mr G J Sharp
Mr N C D Sandberg





SECRETARY: Mr T R S Scrimgeour





REGISTERED OFFICE: 5 & 6 Manor Court Manor Garth
Eastfield
Scarborough
North Yorkshire
YO11 3TU





REGISTERED NUMBER: 14662092 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
5 & 6 Manor Garth
Manor Court
Scarborough
North Yorkshire
YO11 3TU

TIDAL TECHNOLOGIES LIMITED (REGISTERED NUMBER: 14662092)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Development costs 4 525,886 106,824

CURRENT ASSETS
Debtors 5 56,196 23,585
Cash at bank 2,603,368 2,433,053
2,659,564 2,456,638
CREDITORS
Amounts falling due within one year 6 64,584 37,006
NET CURRENT ASSETS 2,594,980 2,419,632
TOTAL ASSETS LESS CURRENT LIABILITIES 3,120,866 2,526,456

CAPITAL AND RESERVES
Called up share capital 2,512 2,219
Share premium 3,617,456 2,617,748
Retained earnings (499,102 ) (93,511 )
3,120,866 2,526,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 30 July 2025 and were signed on its behalf by:





Mr J T Conybeare-Cross - Director


TIDAL TECHNOLOGIES LIMITED (REGISTERED NUMBER: 14662092)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2025


1. STATUTORY INFORMATION

Tidal Technologies Limited 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 and are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

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. Once they are in use, development costs will be amortised over the life of the associated project or their expected useful economic life.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 3 ) .

TIDAL TECHNOLOGIES LIMITED (REGISTERED NUMBER: 14662092)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2025


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024 106,824
Additions 419,062
At 31 March 2025 525,886
NET BOOK VALUE
At 31 March 2025 525,886
At 31 March 2024 106,824

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 56,196 23,585

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 23,932 695
Taxation and social security 12,602 4,930
Other creditors 28,050 31,381
64,584 37,006