Jones Tiling And Decorating Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13913794

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,422		862

			6,422		862
CURRENT ASSETS
Debtors	5	8,382		13,884
Cash at bank and in hand		35,988		51,143

		44,370		65,027
Creditors: Amounts Falling Due Within One Year	6	(27,350 )		(37,562 )

NET CURRENT ASSETS (LIABILITIES)			17,020		27,465

TOTAL ASSETS LESS CURRENT LIABILITIES			23,442		28,327

Creditors: Amounts Falling Due After More Than One Year	7		(4,740 )		-

NET ASSETS			18,702		28,327

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			18,602		28,227

SHAREHOLDERS' FUNDS			18,702		28,327

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Jones Tiling And Decorating Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

D C Jones

Director

1st May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Jones Tiling And Decorating Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13913794 . The registered office is 37 Chase Park Road, Yardley Hastings, Northampton, NN7 1HD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight Line Method
Motor Vehicles	50% Straight Line Method

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

In accordance with IFRS 16 Leases, the Company recognises a right‑of‑use asset and a corresponding lease liability at the commencement date of the lease. The right‑of‑use asset is initially measured at cost, being the present value of future lease payments together with any directly attributable costs. The asset is depreciated on a straight‑line basis over the lease term.

The lease liability is initially recognised at the present value of lease payments not yet paid, discounted using the Company’s incremental borrowing rate. Lease payments are allocated between a reduction of the lease liability and a finance charge recognised in the profit and loss account.

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Jones Tiling And Decorating Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, excluding directors, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2025	1,150	-	1,150
Additions	1,916	8,505	10,421

As at 31 March 2026	3,066	8,505	11,571

Depreciation
As at 1 April 2025	288	-	288
Provided during the period	766	4,095	4,861

As at 31 March 2026	1,054	4,095	5,149

Net Book Value
As at 31 March 2026	2,012	4,410	6,422

As at 1 April 2025	862	-	862

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	7,044	13,884
Other debtors	1,338	-

	8,382	13,884

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Jones Tiling And Decorating Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	2,216	2,497
Taxation and social security	25,134	35,065

	27,350	37,562

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	4,740	-

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	4,740	-

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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