Tiles (UK) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01356000 (England and Wales)

Financial Statements for the Year Ended 30 April 2025

for

Tiles (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss A Bold

Mr I Kershaw

Mr D Sowden

Mrs L Singleton

SECRETARY:

Miss A Bold

REGISTERED OFFICE:

1-13 Montford Street

Salford

Manchester

M50 2XD

REGISTERED NUMBER:

01356000 (England and Wales)

ACCOUNTANTS:

Stephen Round Limited

Chartered Certified Accountants

366 Holcombe Road

Greenmount

Bury

Lancashire

BL8 4DT

FIXED ASSETS

Tangible assets

4

651,894

579,202

Investments

5

11

651,905

579,213

CURRENT ASSETS

Stocks

766,546

726,539

Debtors

6

1,076,269

999,299

1,842,815

1,725,838

CREDITORS

Amounts falling due within one year

7

1,310,161

953,312

NET CURRENT ASSETS

532,654

772,526

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,184,559

1,351,739

CREDITORS

Amounts falling due after more than one
year

8

(173,544

)

(256,369

)

PROVISIONS FOR LIABILITIES

(5,250

)

(5,250

)

NET ASSETS

1,005,765

1,090,120

CAPITAL AND RESERVES

Called up share capital

50,002

Share premium

36

Other reserves

(144,048

)

(144,048

)

Retained earnings

1,099,775

1,184,130

SHAREHOLDERS' FUNDS

1,005,765

1,090,120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 7 January 2026 and were signed on its behalf by:

Mr I Kershaw - Director

1.	STATUTORY INFORMATION

Tiles (UK) 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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 27 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 May 2024

1,356,487

1,379,455

2,735,942

Additions

-

136,618

At 30 April 2025

1,356,487

1,516,073

2,872,560

DEPRECIATION

At 1 May 2024

810,101

1,346,639

2,156,740

Charge for year

23,570

40,356

63,926

At 30 April 2025

833,671

1,386,995

2,220,666

NET BOOK VALUE

At 30 April 2025

522,816

129,078

651,894

At 30 April 2024

546,386

32,816

579,202

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

and 30 April 2025

11

NET BOOK VALUE

At 30 April 2025

11

At 30 April 2024

11

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

404,390

319,268

Other debtors

671,879

680,031

1,076,269

999,299

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts

350,243

256,755

Hire purchase contracts

90,213

-

Trade creditors

688,067

531,922

Taxation and social security

122,596

118,329

Other creditors

59,042

46,306

1,310,161

953,312

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.25

30.4.24

£

Bank loans

173,544

256,369

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

Mr I Kershaw

Balance outstanding at start of year

296,850

Amounts repaid

(4,845

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

292,005

296,850

Miss A Bold

Balance outstanding at start of year

223,550

Amounts advanced

2,154

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

225,704

223,550

10.	ULTIMATE CONTROLLING PARTY

The company is under the control of AM Bold by virtue of her 75% of the voting shares in the company.