ACCOUNTS - Final Accounts preparation

Company registration number: 12245189

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	TILEYARD LONDON LTD


TILEYARD LONDON LTD

COMPANY INFORMATION

Directors	P Kempe
	S Kempe
	C Lovegrove


Registered number	12245189


Registered office	Unit 23 2nd Floor
	Tileyard Studios
	Tileyard Road
	London
	N7 9AH


Accountants	Menzies LLP
	Chartered Accountants
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


TILEYARD LONDON LTD REGISTERED NUMBER:12245189

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	16,275		8,295
Cash at bank and in hand		15,129		27,671
		31,404		35,966
Creditors: amounts falling due within one year	5	(32,485)		(37,045)
Net current liabilities			(1,081)		(1,079)
Total assets less current liabilities			(1,081)		(1,079)

Net liabilities			(1,081)		(1,079)

Capital and reserves
Called up share capital	2	2
Profit and loss account	(1,083)	(1,081)
	(1,081)	(1,079)

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TILEYARD LONDON LTD REGISTERED NUMBER:12245189

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 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 statement of income and retained earnings 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 by:

P Kempe

Director

Date: 22 September 2025

The notes on pages 3 to 4 form part of these financial statements.

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TILEYARD LONDON LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Tileyard London Limited is a private company limited by shares, incorporated in England & Wales under the Companies Act. The address of the registered office is Unit 23, 2nd Floor, Tileyard Studios, Tileyard Road, London, United Kingdom, N7 9AH.

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

Other operating income

Other operating income is recognised as the amount recieved or receivable in relation to recharged management costs and service charges.

2.3

Going concern

The company had net liabilities as at the balance sheet date of £1,081 (2023: £1.079). The directors have assessed the company's financial position and believe that they will be able to meet the liabilities as they fall due. As such the accounts have been prepared on a going concern basis.

2.4

Grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.6

Taxation

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 reporting date in the countries where the Company operates and generates income.

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TILEYARD LONDON LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Employees

The average monthly number of employees, including directors, during the period was 3 (2023 - 3).

Debtors

					2024	2023
					£	£


Other debtors	7,388	2,239
Called up share capital not paid	2	2
Prepayments and accrued income	8,885	6,054
	16,275	8,295

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	1,440	2,118
Other creditors	15,720	19,977
Accruals and deferred income	15,325	14,950
	32,485	37,045

6.	Related party transactions
	As at year end, within other creditors in an amount of £15,720 (2023: £19,977) owed to a company under common control. No interest is charged on this balance.

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