Company Registration No. 08012868 (England and Wales)
Tile Energy Limited
Unaudited accounts
for the year ended 31 March 2025
Tile Energy Limited
Unaudited accounts
Contents
Tile Energy Limited
Company Information
for the year ended 31 March 2025
Company Number
08012868 (England and Wales)
Registered Office
Unit 9 Bowman Court Whitehill Lane,
Industrial Estate, Royal Wootton Bassett
Swindon
SN4 7DB
England
Accountants
EPIC Taxation Services Limited
Audrey House
16-20 Ely Place
London
EC1N 6SN
Tile Energy Limited
Statement of financial position
as at 31 March 2025
Tangible assets
298,873
352,479
Debtors
1,008,516
1,095,299
Cash at bank and in hand
340,723
1,071,257
Creditors: amounts falling due within one year
(423,456)
(1,219,194)
Net current assets
947,496
1,009,145
Total assets less current liabilities
1,246,369
1,361,624
Creditors: amounts falling due after more than one year
(68,200)
(43,304)
Net assets
1,178,169
1,318,320
Called up share capital
100
100
Profit and loss account
1,178,069
1,318,220
Shareholders' funds
1,178,169
1,318,320
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 December 2025 and were signed on its behalf by
Olaleke Alabi
Director
Company Registration No. 08012868
Tile Energy Limited
Notes to the Accounts
for the year ended 31 March 2025
Tile Energy Limited is a private company, limited by shares, registered in England and Wales, registration number 08012868. The registered office is Unit 9 Bowman Court Whitehill Lane, , Industrial Estate, Royal Wootton Bassett, Swindon, SN4 7DB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% SLM
Fixtures & fittings
33.33% SLM
Computer equipment
33.33% SLM
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
17,538
280,970
110,786
16,916
426,210
Additions
870
37,010
38,440
7,025
83,345
Disposals
-
(35,157)
-
-
(35,157)
At 31 March 2025
18,408
282,823
149,226
23,941
474,398
At 1 April 2024
586
60,751
7,129
5,265
73,731
Charge for the year
5,690
64,720
41,992
6,298
118,700
On disposals
-
(16,906)
-
-
(16,906)
At 31 March 2025
6,276
108,565
49,121
11,563
175,525
At 31 March 2025
12,132
174,258
100,105
12,378
298,873
At 31 March 2024
16,952
220,219
103,657
11,651
352,479
Tile Energy Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
3,597
226,740
Accrued income and prepayments
37,050
46,316
Amounts falling due after more than one year
Amounts due from group undertakings etc.
858,401
817,742
Accrued income and prepayments
45,193
-
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
17,128
17,128
Trade creditors
45,441
38,928
Taxes and social security
12,063
355,348
Other creditors
82,944
252,382
Loans from directors
(7,829)
(4,121)
Deferred income
271,342
390,184
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
The company is owed a loan of £858,401 by Tile Eco Homes Limited, where Olaleke Alabi is the sole director, as at 31 March 2025 (2024: £817,742.31). Interest receivable on this loan is £45,193.17 as at 31 March 2025 (2024: £23,341.73).
9
Average number of employees
During the year the average number of employees was 8 (2024: 11).