TILEY MOTORS LIMITED

Company Registration Number:
11854178 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TILEY MOTORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

TILEY MOTORS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 25,524 45,939
Total fixed assets: 25,524 45,939
Current assets
Stocks: 579,739 595,992
Debtors: 4 305,427 325,707
Cash at bank and in hand: 3,192 74,125
Total current assets: 888,358 995,824
Creditors: amounts falling due within one year: 5 (263,638) (417,285)
Net current assets (liabilities): 624,720 578,539
Total assets less current liabilities: 650,244 624,478
Creditors: amounts falling due after more than one year:   (231,325) (292,961)
Provision for liabilities: (4,849) (8,729)
Total net assets (liabilities): 414,070 322,788
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 413,970 322,688
Shareholders funds: 414,070 322,788

The notes form part of these financial statements

TILEY MOTORS LIMITED

Balance sheet statements

For the year ending 31 March 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 February 2025
and signed on behalf of the board by:

Name: Janie Richardson
Status: Director

The notes form part of these financial statements

TILEY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TILEY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 13 14

TILEY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 80,289
Additions 20,000
Disposals (25,000)
At 31 March 2024 75,289
Depreciation
At 01 April 2023 34,350
Charge for year 15,415
At 31 March 2024 49,765
Net book value
At 31 March 2024 25,524
At 31 March 2023 45,939

TILEY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 2,538 47,000

TILEY MOTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Trade Creditors 63975 VAT 28260 Taxes 103887 Bank Loan and overdraft 63126 Total 259248