REGISTERED NUMBER: 08329559 (England and Wales)

Tiles, Taps & Tubs Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs E S Yaxley

REGISTERED OFFICE:

Unit 12 Main Road

Eastburn

Keighley

England

BD20 7SJ

REGISTERED NUMBER:

08329559 (England and Wales)

ACCOUNTANTS:

Simon Hart FCCA

Hart Wright Accounting

Chartered Certified Accountants

24 Hall Drive

Sutton In Craven

North Yorkshire

BD20 7NH

ASSETS

FIXED ASSETS

Tangible assets

4

9,750

12,500

CURRENT ASSETS

Stocks

13,792

13,637

Debtors

5

643

432

Cash at bank

14,520

3,019

28,955

17,088

38,705

29,588

CAPITAL, RESERVES AND LIABILITIES

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

11,264

7,865

SHAREHOLDERS' FUNDS

11,265

7,866

CREDITORS

6

27,440

21,722

38,705

29,588

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

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

The director acknowledges her 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 14 January 2026 and were signed by:

Mrs E S Yaxley - Director

1.	STATUTORY INFORMATION

Tiles, Taps & Tubs Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 etc

-

20% on 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.

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.

Government grants

Government grants are recognised as other income once there is reasonable assurance that all conditions relating to the grant have been attained and that the grant will be received.

During the year the company was in receipt of relief in respect of the Bounce Back Loan Scheme (BBLS). The Business Interruption Payment made by the government on behalf of the company has been brought in as grant income and reflects the amounts relating to the financial year.

During the year the company was in receipt of relief in respect of the Coronavirus Job Retention Scheme. The income is recorded based on the claim periods made relating to the financial year.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

27,221

DEPRECIATION

At 1 January 2025

14,721

Charge for year

2,750

At 31 December 2025

17,471

NET BOOK VALUE

At 31 December 2025

9,750

At 31 December 2024

12,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

260

49

Other debtors

383

383

643

432

6.

CREDITORS

2025

2024

£

£

Amounts falling due within one year:

Trade creditors

17,147

11,177

Taxation and social security

5,360

1,162

Other creditors

2,272

588

24,779

12,927

Amounts falling due after more than one year:

Other creditors

2,661

8,795

Aggregate amounts

27,440

21,722

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

BBLS

-

8,795

The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from the Nat West Bank PLC in the year.

8.	OTHER FINANCIAL COMMITMENTS

Future rental commitments include amounts of £10,350 due within one to two years and £10,350 due within two to five years.

9.	GOING CONCERN

The company is trading with the continued financial support of the Director's for the foreseeable future. The company is expected to generate trading profits within the foreseeable future.