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Registration number: 04623473

Dial - A - Tile Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2025

Dial - A - Tile Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Dial - A - Tile Limited

Company Information

Directors | T Davies J Davies B C Davies

Registered office | 33-41 Church Street Grimsby N E Lincs DN32 7DD

Accountants | Forrester Boyd Chartered Accountants26 South Saint Mary's Gate Grimsby North East Lincolnshire DN31 1LW

Dial - A - Tile Limited

(Registration number: 04623473)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 82,500 | 90,000
Tangible assets | 5 | 4,922 | 6,477
|  | 87,422 | 96,477
Current assets |  |  |
Stocks | 6 | 43,600 | 40,763
Debtors | 7 | 508,621 | 482,940
Cash at bank and in hand |  | 158,386 | 98,227
|  | 710,607 | 621,930
Creditors: Amounts falling due within one year | 8 | (285,866) | (235,528)
Net current assets |  | 424,741 | 386,402
Total assets less current liabilities |  | 512,163 | 482,879
Creditors: Amounts falling due after more than one year | 8 | (8,163) | (16,863)
Provisions for liabilities |  | (1,170) | (1,619)
Net assets |  | 502,830 | 464,397
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Retained earnings |  | 501,830 | 463,397
Shareholders' funds |  | 502,830 | 464,397

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Dial - A - Tile Limited

(Registration number: 04623473)
Balance Sheet as at 31 March 2025

Approved and authorised by the Board on 4 September 2025 and signed on its behalf by:

......................................... T Davies Director

Dial - A - Tile Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
33-41 Church Street
Grimsby
N E Lincs
DN32 7DD

These financial statements were authorised for issue by the Board on 4 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in pounds sterling and are rounded to the nearest £1.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemptions provided by section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Dial - A - Tile Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

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

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

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and Fittings | 20% Reducing balance
Motor vehicles | 25% Reducing balance
Computer equipment | 25% Reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | Over 20 years

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Dial - A - Tile Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

The company makes pension contributions for directors and staff under the auto-enrolment regulations.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 12 (2024 - 12).

Dial - A - Tile Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 April 2024 | 150,000 | 150,000
At 31 March 2025 | 150,000 | 150,000
Amortisation
At 1 April 2024 | 60,000 | 60,000
Amortisation charge | 7,500 | 7,500
At 31 March 2025 | 67,500 | 67,500
Carrying amount
At 31 March 2025 | 82,500 | 82,500
At 31 March 2024 | 90,000 | 90,000

5 | Tangible assets

| Fixtures and fittings £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 April 2024 | 35,530 | 6,304 | 41,510 | 83,344
At 31 March 2025 | 35,530 | 6,304 | 41,510 | 83,344
Depreciation
At 1 April 2024 | 34,243 | 5,431 | 37,193 | 76,867
Charge for the year | 257 | 219 | 1,079 | 1,555
At 31 March 2025 | 34,500 | 5,650 | 38,272 | 78,422
Carrying amount
At 31 March 2025 | 1,030 | 654 | 3,238 | 4,922
At 31 March 2024 | 1,287 | 873 | 4,317 | 6,477

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 43,600 | 40,763

Dial - A - Tile Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 55,683 | 42,326
Prepayments | 9,717 | 7,342
Other debtors | 443,221 | 433,272
| 508,621 | 482,940

Dial - A - Tile Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 8,699 | 8,485
Trade creditors |  | 46,570 | 43,986
Taxation and social security |  | 62,195 | 38,214
Accruals and deferred income |  | 52,543 | 59,206
Other creditors |  | 115,859 | 85,637
|  | 285,866 | 235,528

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 8,163 | 16,863

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 8,163 | 16,863

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 8,699 | 8,485

10 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £1,170 (2024 - £3,510).