REGISTERED NUMBER: 06531270 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

M'N'M TILING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M T P Wray

REGISTERED OFFICE:

Orion House

28A Spital Terrace

GAINSBOROUGH

Lincolnshire

DN21 2HQ

REGISTERED NUMBER:

06531270 (England and Wales)

ACCOUNTANTS:

Shucksmith Accountants (Gainsborough) Limited

94-96 Oswald Road

SCUNTHORPE

North Lincolnshire

DN15 7PA

FIXED ASSETS

Tangible assets

4

494

609

CURRENT ASSETS

Stocks

1,500

1,200

Debtors

5

6,581

11,734

Cash at bank

11

3,379

8,092

16,313

CREDITORS

Amounts falling due within one year

6

9,342

11,705

NET CURRENT (LIABILITIES)/ASSETS

(1,250

)

4,608

TOTAL ASSETS LESS CURRENT LIABILITIES

(756

)

5,217

CREDITORS

Amounts falling due after more than one year

7

(2,179

)

(4,783

)

PROVISIONS FOR LIABILITIES

8

-

(116

)

NET (LIABILITIES)/ASSETS

(2,935

)

318

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

(3,035

)

218

SHAREHOLDERS' FUNDS

(2,935

)

318

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

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

The director acknowledges his 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 director and authorised for issue on 15 December 2025 and were signed by:

Mr M T P Wray - Director

1.	STATUTORY INFORMATION

M'N'M Tiling 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.

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

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

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

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.

Going concern

At 31 March 2025 the company had a net excess of liabilities over assets of £2,935 and was technically insolvent.

The company is dependent upon the continued financial support of its bankers and director, which has been confirmed as ongoing. The financial statements have therefore been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

4,546

679

5,225

DEPRECIATION

At 1 April 2024

3,992

624

4,616

Charge for year

104

11

115

At 31 March 2025

4,096

635

4,731

NET BOOK VALUE

At 31 March 2025

450

44

494

At 31 March 2024

554

55

609

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,574

3,300

Directors' current accounts

-

4,633

Tax

5,007

3,801

6,581

11,734

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

2,167

2,167

Trade creditors

3,067

2,112

Corporation tax

-

6,048

Directors' current accounts

2,779

-

Accruals and deferred income

1,329

1,378

9,342

11,705

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

2,167

2,167

Bank loans - 2-5 years

12

2,616

2,179

4,783

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

-

116

Deferred

tax

£

Balance at 1 April 2024

116

Tax losses

(116

)

Balance at 31 March 2025

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

218

Deficit for the year

(3,253

)

At 31 March 2025

(3,035

)

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

Mr M T P Wray

Balance outstanding at start of year

4,633

5,441

Amounts repaid

(4,633

)

(808

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

4,633

During the year Mr M T P Wray - the sole director and 100% shareholder - charged the company £312 (2024 - £312) for use of home as office.

12.	RELATED PARTY DISCLOSURES

At 31 March 2025 there was a balance owing to the director, Mr M P T Wray - the sole director and 100% shareholder - of £2,779 (2024 - £4,733).

This balance has been shown in Creditors (2024 - Debtors).

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M T P Wray.