IRIS Accounts Production v23.3.0.418 13843611 director 12.1.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138436112022-01-11138436112023-03-31138436112022-01-122023-03-31138436112022-01-1113843611ns10:Originalns15:EnglandWales2022-01-122023-03-3113843611ns14:PoundSterlingns10:Original2022-01-122023-03-3113843611ns10:Originalns10:Director12022-01-122023-03-3113843611ns10:Original2022-01-122023-03-3113843611ns10:Original2023-03-3113843611ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-122023-03-3113843611ns10:Originalns10:SmallEntities2022-01-122023-03-3113843611ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-122023-03-3113843611ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-01-122023-03-3113843611ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-122023-03-3113843611ns10:Originalns10:FullAccounts2022-01-122023-03-3113843611ns10:CompanySecretary1ns10:Original2022-01-122023-03-3113843611ns10:Originalns10:RegisteredOffice2022-01-122023-03-3113843611ns10:Originalns5:CurrentFinancialInstruments2023-03-3113843611ns5:ShareCapitalns10:Original2023-03-3113843611ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3113843611ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 13843611 (England and Wales)








Unaudited Financial Statements

for the Period

12 January 2022 to 31 March 2023

for

The Commercial Tiling Company (Midlands)
Limited

The Commercial Tiling Company (Midlands)
Limited (Registered number: 13843611)






Contents of the Financial Statements
for the Period 12 January 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Commercial Tiling Company (Midlands)
Limited

Company Information
for the Period 12 January 2022 to 31 March 2023







DIRECTOR: N J Ware





SECRETARY: Mrs C M Ware





REGISTERED OFFICE: The Coach House, Dovecote Court
Pingle Lane
Potters Marston
Leicester
LE9 3JR





REGISTERED NUMBER: 13843611 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

The Commercial Tiling Company (Midlands)
Limited (Registered number: 13843611)

Balance Sheet
31 March 2023

Notes £   
CURRENT ASSETS
Debtors 4 61,598
Cash at bank 6,306
67,904
CREDITORS
Amounts falling due within one year 5 66,627
NET CURRENT ASSETS 1,277
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,277

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 1,177
1,277

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2023 and were signed by:





N J Ware - Director


The Commercial Tiling Company (Midlands)
Limited (Registered number: 13843611)

Notes to the Financial Statements
for the Period 12 January 2022 to 31 March 2023

1. STATUTORY INFORMATION

The Commercial Tiling Company (Midlands) 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.

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.

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

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 100
Other debtors 61,498
61,598

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 31,953
Amounts owed to group undertakings 16,651
Tax 276
Accrued expenses 17,747
66,627

The Commercial Tiling Company (Midlands)
Limited (Registered number: 13843611)

Notes to the Financial Statements - continued
for the Period 12 January 2022 to 31 March 2023

6. CONTINGENT LIABILITIES

The company has given a fixed and floating charge over its assets in respect of a debt (£833,809) held in a fellow subsidiary company to Ultimate Finance Limited.

7. RELATED PARTY DISCLOSURES

At the year end the company was owed £100 by The De Mai Group Limited .

At the year end the company owed £16,651 to The Commercial Flooring Company (Midlands) Limited.

8. ULTIMATE CONTROLLING PARTY

The controlling party is The De Mai Group Limited.