Company Registration No. 14945062 (England and Wales)
Rising Tide Pictures Ltd
Unaudited accounts
for the year ended 30 June 2025
Rising Tide Pictures Ltd
Unaudited accounts
Contents
Rising Tide Pictures Ltd
Company Information
for the year ended 30 June 2025
Director
Jonathan Richard Alexander Rowe
Company Number
14945062 (England and Wales)
Registered Office
Ellfield
Merlin Haven
Wotton-Under-Edge
GL12 7BA
England
Accountants
Diligent Accounting Services Limited
Western Cottage
Houndscroft
Rodborough, Stroud
Gloucestershire
GL5 5DG
Rising Tide Pictures Ltd
Statement of financial position
as at 30 June 2025
Cash at bank and in hand
34,427
3,725
Creditors: amounts falling due within one year
(19,439)
(4,115)
Net current assets/(liabilities)
14,988
(390)
Total assets less current liabilities
16,885
226
Provisions for liabilities
Other provisions
(117)
(117)
Called up share capital
100
100
Profit and loss account
16,668
9
Shareholders' funds
16,768
109
For the year ending 30 June 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 December 2025 and were signed on its behalf by
Jonathan Richard Alexander Rowe
Director
Company Registration No. 14945062
Rising Tide Pictures Ltd
Notes to the Accounts
for the year ended 30 June 2025
Rising Tide Pictures Ltd is a private company, limited by shares, registered in England and Wales, registration number 14945062. The registered office is Ellfield, Merlin Haven, Wotton-Under-Edge, GL12 7BA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover 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 and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Computer equipment
20% on cost
Taxation for the period 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 balance sheet date.
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 period 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.
Rising Tide Pictures Ltd
Notes to the Accounts
for the year ended 30 June 2025
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
4,344
2,542
Other creditors
10,148
1,573
Loans from directors
1,937
-
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).