REGISTERED NUMBER: 09634032 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Tonic Analytics Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A Dollin

A Heather

R Horabin

REGISTERED OFFICE:

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

REGISTERED NUMBER:

09634032 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Property, plant and equipment

5

4,507

9,112

Investments

6

2

2

4,509

9,114

CURRENT ASSETS

Debtors

7

158,798

296,869

Cash at bank

110,828

80,618

269,626

377,487

CREDITORS

Amounts falling due within one year

8

(27,620

)

(56,236

)

NET CURRENT ASSETS

242,006

321,251

TOTAL ASSETS LESS CURRENT LIABILITIES

246,515

330,365

PROVISIONS FOR LIABILITIES

(1,356

)

(2,278

)

NET ASSETS

245,159

328,087

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

245,059

327,987

SHAREHOLDERS' FUNDS

245,159

328,087

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

A Heather - Director

1.	STATUTORY INFORMATION

Tonic Analytics 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

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

Improvements to property

-

over the period of the lease

Fixtures and fittings

-

Straight line over 2 years

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 2 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Employee benefits

The cost of short term employee benefits are recognised as a liability and an expense in the period in which these are incurred.

Investments

Fixed asset investments are recognised at fair value.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 8 ) .

5.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

4,980

22,495

31,900

46,101

105,476

Additions

-

534

-

5,224

5,758

Disposals

-

(5,719

)

-

(1,499

)

(7,218

)

At 31 March 2025

4,980

17,310

31,900

49,826

104,016

Depreciation

At 1 April 2024

4,980

21,178

25,919

44,287

96,364

Charge for year

-

1,360

5,981

2,273

9,614

Eliminated on disposal

-

(5,719

)

-

(750

)

(6,469

)

At 31 March 2025

4,980

16,819

31,900

45,810

99,509

Net book value

At 31 March 2025

-

491

-

4,016

4,507

At 31 March 2024

-

1,317

5,981

1,814

9,112

6.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

Cost

At 1 April 2024

and 31 March 2025

2

Net book value

At 31 March 2025

2

At 31 March 2024

2

The Company holds 100% of the shares in Tonic Analytics Employee Ownership Trustees Limited. All transactions undertaken by this company are limited to acting as a corporate trustee in connection with and on behalf of the Tonic Analytics Employee Ownership Trust, constituted in 2019 as an employees' share scheme. The main purpose of Trust is to hold shares in the Company for the benefit of the employees.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

95,000

159,524

Other debtors

63,798

137,345

158,798

296,869

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

5,772

12,590

Taxation and social security

15,834

38,614

Other creditors

6,014

5,032

27,620

56,236

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/3/25

31/3/24

£

£

Within one year

5,927

3,576

Between one and five years

-

1,480

5,927

5,056

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Tonic Analytics Employee Ownership Trust, established in 2019 as an employees' share scheme, whose main purpose is to hold shares in the Company for the benefit of the employees.