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REGISTERED NUMBER: 05035898 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

SUPERIOR TILING LIMITED

SUPERIOR TILING LIMITED (REGISTERED NUMBER: 05035898)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Chartered Certified Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


SUPERIOR TILING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: R J Stagg
Ms C D Bowen



SECRETARY: Ms C D Bowen



REGISTERED OFFICE: 10 Station Court
Station Approach
Wickford
Essex
SS11 7AT



BUSINESS ADDRESS: Unit 3D
Whitesbridge Industrial Estate
Crays Hill
Essex
CM11 2UL



REGISTERED NUMBER: 05035898 (England and Wales)



ACCOUNTANTS: Lescott Limited
Chartered Certified Accountant
10 Station Court
Station Approach
Wickford
Essex
SS11 7AT



BANKERS: National Westminster Bank Plc
41 High Street
Billericay
Essex
CM12 9AZ

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SUPERIOR TILING LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Superior Tiling Limited for the year ended 31 March 2022 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Superior Tiling Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Superior Tiling Limited and state those matters that we have agreed to state to the Board of Directors of Superior Tiling Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Superior Tiling Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Superior Tiling Limited. You consider that Superior Tiling Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Superior Tiling Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lescott Limited
Chartered Certified Accountant
10 Station Court
Station Approach
Wickford
Essex
SS11 7AT


23 August 2022

SUPERIOR TILING LIMITED (REGISTERED NUMBER: 05035898)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 5 - -

CURRENT ASSETS
Stocks 4,325 1,500
Debtors 6 25,647 36,553
Cash at bank and in hand 48,655 71,763
78,627 109,816
CREDITORS
Amounts falling due within one year 7 8,248 3,549
NET CURRENT ASSETS 70,379 106,267
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,379

106,267

CREDITORS
Amounts falling due after more than one
year

8

49,993

50,000
NET ASSETS 20,386 56,267

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve 125 125
Retained earnings 20,211 56,092
SHAREHOLDERS' FUNDS 20,386 56,267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

SUPERIOR TILING LIMITED (REGISTERED NUMBER: 05035898)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2022


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 22 August 2022 and were signed on its behalf by:




R J Stagg - Director



Ms C D Bowen - Director


SUPERIOR TILING LIMITED (REGISTERED NUMBER: 05035898)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Superior Tiling 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
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.33% on cost, 20% on cost and 15% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

SUPERIOR TILING LIMITED (REGISTERED NUMBER: 05035898)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021
and 31 March 2022 66,684
DEPRECIATION
At 1 April 2021
and 31 March 2022 66,684
NET BOOK VALUE
At 31 March 2022 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 9,388 24,856
Other debtors 16,259 11,697
25,647 36,553

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 4,740 422
Taxation and social security 610 177
Other creditors 2,898 2,950
8,248 3,549

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 49,993 50,000

9. POST BALANCE SHEET EVENTS

The company has experienced a loss of trade as a result of Covid-19. However the directors are confident that turnover will improve as the restrictions are fully lifted and the economy begins to recover. The directors are satisfied that the company can continue as a going concern.

10. ULTIMATE CONTROLLING PARTY

The controlling party is R J Stagg.

The ultimate controlling party is R J Stagg.