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Company Registration No. 12830976 (England and Wales)
Tile Eco Homes Limited Unaudited Accounts for the year ended 31 August 2025
Tile Eco Homes Limited Unaudited Accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Tile Eco Homes Limited Company Information for the year ended 31 August 2025
Director
Olaleke Ibukunoluwa Alabi
Company Number
12830976 (England and Wales)
Registered Office
Unit 9 Bowman Court, Whitehill Lane Whitehill Industrial Estate Royal Wootton Bassett Swindon, England SN4 7DB United Kingdom
Accountants
EPIC Taxation Services Limited Audrey House 16-20 Ely Place London EC1N 6SN
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Tile Eco Homes Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
441,000
-
Current assets
Inventories
524,910
799,841
Debtors
5
1,575
1,679
Cash at bank and in hand
1,914
668
528,399
802,188
Creditors: amounts falling due within one year
6
(4,152)
(857,164)
Net current assets/(liabilities)
524,247
(54,976)
Total assets less current liabilities
965,247
(54,976)
Creditors: amounts falling due after more than one year
7
(1,062,165)
-
Net liabilities
(96,918)
(54,976)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(96,919)
(54,977)
Shareholders' funds
(96,918)
(54,976)
For the year ending 31 August 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 4 February 2026 and were signed on its behalf by
Olaleke Ibukunoluwa Alabi Director Company Registration No. 12830976
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Tile Eco Homes Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Tile Eco Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 12830976. The registered office is Unit 9 Bowman Court, Whitehill Lane, Whitehill Industrial Estate, Royal Wootton Bassett, Swindon, England, SN4 7DB, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2025
£
Additions
441,000
At 31 August 2025
441,000
During the year, a property held as stock at its acquired cost of £441,000 was reclassified to investment property following a change in intended use. The transfer was recorded at its carrying amount in line with applicable accounting standards, and no gain or loss arose on reclassification.
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
1,574
1,678
Other debtors
1
1
1,575
1,679
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
9,338
1,298
Amounts owed to group undertakings and other participating interests
-
846,379
Loans from directors
(5,400)
-
Accruals
214
9,487
4,152
857,164
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Tile Eco Homes Limited Notes to the Accounts for the year ended 31 August 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
1,006,818
-
Other creditors
55,347
-
1,062,165
-
8
Transactions with related parties
The company owed a loan of £1,006,818 to Tile Energy Limited, where Olaleke Alabi is the sole director, as at 31 August 2025 (2024: £836,925). Interest payable on this loan is £55,347.53 as at 31 August 2025 (2024: £32,220.07).
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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