Tidal Change Management Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10986121

Tidal Change Management Limited

Filleted Unaudited Financial Statements

31 March 2025

Tidal Change Management Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		142,674		143,652

Current assets

Debtors	6	21,486	23,600
Cash at bank and in hand		111,152	76,665
		---------	---------
		132,638	100,265

Creditors: amounts falling due within one year	7	45,666		45,276
		---------		---------
Net current assets			86,972		54,989
			---------		---------
Total assets less current liabilities			229,646		198,641
			---------		---------
Net assets			229,646		198,641
			---------		---------

Capital and reserves

Called up share capital	8	100	100
Profit and loss account		229,546	198,541
		---------	---------
Shareholders funds		229,646	198,641
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 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 financial statements for the year in question in accordance with section 476 ;

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

Tidal Change Management Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:

Mr R Lewis

Director

Company registration number: 10986121

Tidal Change Management Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Investment property	Equipment	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	141,159	5,156	146,315
	---------	-------	---------
Depreciation
At 1 April 2024	–	2,663	2,663
Charge for the year	–	978	978
	---------	-------	---------
At 31 March 2025	–	3,641	3,641
	---------	-------	---------
Carrying amount
At 31 March 2025	141,159	1,515	142,674
	---------	-------	---------
At 31 March 2024	141,159	2,493	143,652
	---------	-------	---------

The directors have valued the investment property at £141,159 as at 31/03/2024. The historical cost is £141,159.

6. Debtors

	2025	2024
	£	£
Trade debtors	17,850	16,400
Other debtors	3,636	7,200
	--------	--------
	21,486	23,600
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	1,660	1,575
Corporation tax	35,256	33,497
Social security and other taxes	8,705	10,204
Director loan accounts	45	–
	--------	--------
	45,666	45,276
	--------	--------

8. Called up share capital

Issued, called up and fully paid

	No.	£	No.	£
Ordinary A shares of £1 each	75	75	75	75
Ordinary B shares of £1 each	25	25	25	25
	----	----	----	----
	100	100	100	100
	----	----	----	----

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	9,584	9,584
Later than 1 year and not later than 5 years	–	9,584
	-------	--------
	9,584	19,168
	-------	--------

10. Related party transactions

At the year end the company owed the director £45 (2024: £Nil) which is shown amongst creditors.