Tide Management Limited - Period Ending 2016-03-31

Registration number: 04339559

Tide Management Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Tide Management Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Tide Management Limited
(Registration number: 04339559)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Investments					100			100
Current assets
Debtors					1,725			1,725
Creditors: Amounts falling due within one year					(1,675)			(1,817)
Net current assets/(liabilities)					50			(92)
Total assets less current liabilities					150			8
Creditors: Amounts falling due after more than one year					(2,599)			(2,599)
Net liabilities					(2,449)			(2,591)
Capital and reserves
Called up share capital		3			400			400
Profit and loss account					(2,849)			(2,991)
Shareholders' deficit					(2,449)			(2,591)

For the year ending 31 March 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 21 December 2016 and signed on its behalf by:

.........................................
J Mittens
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Tide Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Investments £			Total £
Cost
At 1 April 2015		100			100
At 31 March 2016		100			100
Depreciation
At 31 March 2016		-			-
Net book value
At 31 March 2016		100			100
At 31 March 2015		100			100

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Tide Communications Limited		Ordinary	100%	Telecommunications and services

Page 2

Tide Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		400			400			400			400

4

Control

The directors do not consider there to be an ultimate controlling party .

Page 3