Caseware UK (AP4) 2023.0.135 2023.0.135 2024-11-302024-11-30true58false2023-12-01No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13761077 2023-12-01 2024-11-30 13761077 2022-12-01 2023-11-30 13761077 2024-11-30 13761077 2023-11-30 13761077 c:Director1 2023-12-01 2024-11-30 13761077 d:Buildings d:LongLeaseholdAssets 2023-12-01 2024-11-30 13761077 d:Buildings d:LongLeaseholdAssets 2024-11-30 13761077 d:Buildings d:LongLeaseholdAssets 2023-11-30 13761077 d:PlantMachinery 2023-12-01 2024-11-30 13761077 d:PlantMachinery 2024-11-30 13761077 d:PlantMachinery 2023-11-30 13761077 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13761077 d:MotorVehicles 2023-12-01 2024-11-30 13761077 d:MotorVehicles 2024-11-30 13761077 d:MotorVehicles 2023-11-30 13761077 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13761077 d:FurnitureFittings 2023-12-01 2024-11-30 13761077 d:FurnitureFittings 2024-11-30 13761077 d:FurnitureFittings 2023-11-30 13761077 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13761077 d:OfficeEquipment 2023-12-01 2024-11-30 13761077 d:OfficeEquipment 2024-11-30 13761077 d:OfficeEquipment 2023-11-30 13761077 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13761077 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13761077 d:CurrentFinancialInstruments 2024-11-30 13761077 d:CurrentFinancialInstruments 2023-11-30 13761077 d:Non-currentFinancialInstruments 2024-11-30 13761077 d:Non-currentFinancialInstruments 2023-11-30 13761077 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 13761077 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 13761077 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 13761077 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 13761077 d:ShareCapital 2024-11-30 13761077 d:ShareCapital 2023-11-30 13761077 d:RetainedEarningsAccumulatedLosses 2024-11-30 13761077 d:RetainedEarningsAccumulatedLosses 2023-11-30 13761077 d:AcceleratedTaxDepreciationDeferredTax 2024-11-30 13761077 d:AcceleratedTaxDepreciationDeferredTax 2023-11-30 13761077 c:FRS102 2023-12-01 2024-11-30 13761077 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13761077 c:FullAccounts 2023-12-01 2024-11-30 13761077 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13761077 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-11-30 13761077 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-11-30 13761077 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-11-30 13761077 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-11-30 13761077 d:LeasedAssetsHeldAsLessee 2024-11-30 13761077 d:LeasedAssetsHeldAsLessee 2023-11-30 13761077 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Registered number: 13761077












THE BERKSHIRE TILE CO. LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED
 30 NOVEMBER 2024



















 


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01483 755 399
hamlyns.com

 
THE BERKSHIRE TILE CO. LIMITED
REGISTERED NUMBER: 13761077

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
85,318
95,355

  
85,318
95,355

Current assets
  

Stocks
  
123,033
90,275

Debtors: amounts falling due within one year
 5 
122,745
46,410

Cash at bank and in hand
 6 
82,369
73,363

  
328,147
210,048

Creditors: amounts falling due within one year
 7 
(370,092)
(291,879)

Net current liabilities
  
 
 
(41,945)
 
 
(81,831)

Total assets less current liabilities
  
43,373
13,524

Creditors: amounts falling due after more than one year
 8 
(26,010)
(35,317)

Provisions for liabilities
  

Deferred tax
 9 
(16,210)
-

  
 
 
(16,210)
 
 
-

Net assets/(liabilities)
  
1,153
(21,793)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,053
(21,893)

  
1,153
(21,793)

Page 1

 
THE BERKSHIRE TILE CO. LIMITED
REGISTERED NUMBER: 13761077

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 August 2025.




___________________________
Neil Arthur Beales
Director

The notes on pages 3 to 10 form part of these financial statements.
Page 2

 
THE BERKSHIRE TILE CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

The Berkshire Tile Co. Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number is 13761077 and registered office address can be found at 53
Aborn Parade, West End Road, Reading, Berkshire, RG7 3TQ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
THE BERKSHIRE TILE CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
THE BERKSHIRE TILE CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 5

 
THE BERKSHIRE TILE CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using a mix of straight line and reducing balance..

Depreciation is provided on the following basis:

Long-term leasehold property
-
10%
Straight line
Plant and machinery
-
20%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Fixtures and fittings
-
10%
Straight line
Office equipment
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 6

 
THE BERKSHIRE TILE CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

2024
2023
£
£

Wages and salaries
264,037
203,636

Social security costs
22,543
108

Cost of defined contribution scheme
1,111
-

287,691
203,744


The average monthly number of employees, including directors, during the year was 8 (2023 - 5).

Page 7

 
THE BERKSHIRE TILE CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 December 2023
15,990
19,000
29,312
40,531
4,185
109,018


Additions
-
-
-
5,721
757
6,478



At 30 November 2024

15,990
19,000
29,312
46,252
4,942
115,496



Depreciation


At 1 December 2023
1,787
3,167
3,031
4,505
1,173
13,663


Charge for the year on owned assets
1,598
3,167
6,571
4,416
763
16,515



At 30 November 2024

3,385
6,334
9,602
8,921
1,936
30,178



Net book value



At 30 November 2024
12,605
12,666
19,710
37,331
3,006
85,318



At 30 November 2023
14,203
15,833
26,281
36,026
3,012
95,355

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Plant and machinery
12,666
15,833

Motor vehicles
19,710
26,281

32,376
42,114
Page 8

 
THE BERKSHIRE TILE CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
55,971
20,778

Other debtors
33,767
12,920

Prepayments and accrued income
33,007
12,712

122,745
46,410



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
82,369
73,363

82,369
73,363



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Payments received on account
70,086
-

Trade creditors
93,891
29,872

Amounts owed to related company
155,654
207,538

Other taxation and social security
32,970
23,039

Obligations under finance lease and hire purchase contracts
9,139
8,105

Other creditors
1,135
15,208

Accruals and deferred income
7,217
8,117

370,092
291,879



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
26,010
35,317

26,010
35,317


Page 9

 
THE BERKSHIRE TILE CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

9.


Deferred taxation




2024


£






Charged to profit or loss
(16,210)



At end of year
(16,210)

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(16,210)
-

(16,210)
-


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £1,111 (2023 - £NIL) . Contributions totalling £972 (2023 - £NIL) were payable to the fund at the balance sheet date and are included in creditors.


Page 10