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REGISTERED NUMBER: 13239982 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Bright Tide Ltd

Bright Tide Ltd (Registered number: 13239982)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Bright Tide Ltd

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | A R Guyer

| H Wright

| Professor J E Baillie

| REGISTERED OFFICE: | 25 Ives Street

| London

| SW3 2ND

| REGISTERED NUMBER: | 13239982 (England and Wales)

| ACCOUNTANTS: | NT Accountancy

| Chartered Accountants

| 43 Lynton Mead

| London

| N20 8DG

Bright Tide Ltd (Registered number: 13239982)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,124 |  | 3,505 |  |

CURRENT ASSETS

Debtors | 5 | 22,564 |  | 34,744 |  |

Cash at bank | 129,120 |  | 132,492 |  |

151,684 |  | 167,236 |  |

CREDITORS

Amounts falling due within one year | 6 | 64,795 |  | 70,609 |  |

NET CURRENT ASSETS | 86,889 |  | 96,627 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 90,013 |  | 100,132 |  |

PROVISIONS FOR LIABILITIES | - |  | 666 |  |

NET ASSETS | 90,013 |  | 99,466 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Share premium | 99,999 |  | 99,999 |  |

Retained earnings | (9,988 | ) | (535 | ) |

SHAREHOLDERS' FUNDS | 90,013 |  | 99,466 |  |

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.

Bright Tide Ltd (Registered number: 13239982)

Balance Sheet - continued

31 March 2025

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 24 November 2025 and were signed on its behalf by:

H Wright - Director

Bright Tide Ltd (Registered number: 13239982)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Bright Tide Ltd 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.

| Revenue recognition

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover represents net invoiced sales of services, excluding value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 20% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Financial instruments

| The Company only enters into basic financial instrument transactions that results in the recognition of financial assets and liabilities.

| The following assets and liabilities are classified as financial instruments-trade debtors, trade creditors and director's loans.

| Directors' loans, trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

Bright Tide Ltd (Registered number: 13239982)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | - |  | 4,070 |  | 4,070 |  |

| Additions | 618 |  | - |  | 618 |  |

| At 31 March 2025 | 618 |  | 4,070 |  | 4,688 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 565 |  | 565 |  |

| Charge for year | 123 |  | 876 |  | 999 |  |

| At 31 March 2025 | 123 |  | 1,441 |  | 1,564 |  |

| NET BOOK VALUE

| At 31 March 2025 | 495 |  | 2,629 |  | 3,124 |  |

| At 31 March 2024 | - |  | 3,505 |  | 3,505 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 19,971 |  | 34,386 |  |

| Prepayments and accrued income | 2,593 |  | 358 |  |

22,564 |  | 34,744 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 35 |  | 22 |  |

| Trade creditors | 2,456 |  | 1,142 |  |

| Social security and other taxes | 28,985 |  | 28,634 |  |

| Directors' current accounts | 750 |  | 95 |  |

| Accruals and deferred income | 32,569 |  | 40,716 |  |

64,795 |  | 70,609 |  |