REGISTERED NUMBER: 04690312 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

CERAMIC TILING ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs F M Potten

T J Potten

A R Thring

REGISTERED OFFICE:

225 London Road

Burgess Hill

West Sussex

RH15 9QU

REGISTERED NUMBER:

04690312 (England and Wales)

ACCOUNTANTS:

Peter Lawson & Co.

225 London Road

Burgess Hill

West Sussex

RH15 9QU

FIXED ASSETS

Tangible assets

4

77,253

79,337

CURRENT ASSETS

Stocks

48,161

16,488

Debtors

5

178,487

280,524

Cash at bank and in hand

224

39,292

226,872

336,304

CREDITORS

Amounts falling due within one year

6

134,219

111,469

NET CURRENT ASSETS

92,653

224,835

TOTAL ASSETS LESS CURRENT LIABILITIES

169,906

304,172

CREDITORS

Amounts falling due after more than one year

7

(23,499

)

(30,615

)

PROVISIONS FOR LIABILITIES

(14,678

)

(19,001

)

NET ASSETS

131,729

254,556

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

131,629

254,456

SHAREHOLDERS' FUNDS

131,729

254,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 2nd September 2025 and were signed on its behalf by:

T J Potten - Director

A R Thring - Director

Mrs F M Potten - Director

1.	STATUTORY INFORMATION

Ceramic Tiling Associates 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.

The financial statements are prepared in accordance with applicable accounting standards and under the historical cost convention and include the results of the business' operations, all of which are continuing.

The principle accounting policies, which the directors have adopted, are set out below.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks & work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

139,114

Additions

20,000

At 31st March 2025

159,114

DEPRECIATION

At 1st April 2024

59,777

Charge for year

22,084

At 31st March 2025

81,861

NET BOOK VALUE

At 31st March 2025

77,253

At 31st March 2024

79,337

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

83,988

138,011

Other debtors

94,499

142,513

178,487

280,524

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

39,210

-

Hire purchase contracts

22,317

19,117

Trade creditors

36,560

16,759

Taxation and social security

4,539

41,703

Other creditors

31,593

33,890

134,219

111,469

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

23,499

30,615

8.	CONTINGENT LIABILITIES

There were no known contingent liabilities at the Balance sheet date.

9.	CAPITAL COMMITMENTS

2025

2024

£

£

Contracted but not provided for in the

financial statements

-

-

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

T J Potten

Balance outstanding at start of year

18,958

18,220

Amounts advanced

2,575

2,277

Amounts repaid

(12,511

)

(1,539

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,022

18,958

A R Thring

Balance outstanding at start of year

7,817

9,765

Amounts advanced

-

70

Amounts repaid

(10,762

)

(2,018

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,945

)

7,817

Mrs F M Potten

Balance outstanding at start of year

3,728

4,607

Amounts repaid

(251

)

(879

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,477

3,728