Tiles & Mosaic Co Limited

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

Registered number: 05654408

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		2,358		3,144
Tangible Assets	5		1,736		2,316

			4,094		5,460
CURRENT ASSETS
Stocks	6	7,013		11,540
Debtors	7	15,201		15,522
Cash at bank and in hand		2,674		555

		24,888		27,617
Creditors: Amounts Falling Due Within One Year	8	(44,300 )		(35,958 )

NET CURRENT ASSETS (LIABILITIES)			(19,412 )		(8,341 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(15,318 )		(2,881 )

NET LIABILITIES			(15,318 )		(2,881 )

CAPITAL AND RESERVES
Called up share capital	9		5		5
Profit and Loss Account			(15,323 )		(2,886 )

SHAREHOLDERS' FUNDS			(15,318)		(2,881)

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Tiles & Mosaic Co Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

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

Mr Christopher DODD

Director

25/06/2026

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

1. General Information

Tiles & Mosaic Co Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05654408 . The registered office is 52a Spring Grove Road, Hounslow, TW3 4BN.

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. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

2.4. 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%
Motor Vehicles	25%
Fixtures & Fittings	25%

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Tiles & Mosaic Co Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 January 2025	3,144

As at 31 December 2025	3,144

Amortisation
As at 1 January 2025	-
Provided during the period	786

As at 31 December 2025	786

Net Book Value
As at 31 December 2025	2,358

As at 1 January 2025	3,144

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2025	2,744	24,138	19,370	46,252

As at 31 December 2025	2,744	24,138	19,370	46,252

Depreciation
As at 1 January 2025	2,401	23,959	17,576	43,936
Provided during the period	86	45	449	580

As at 31 December 2025	2,487	24,004	18,025	44,516

Net Book Value
As at 31 December 2025	257	134	1,345	1,736

As at 1 January 2025	343	179	1,794	2,316

6. Stocks

	2025	2024
	£	£
Finished goods	7,013	11,540

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	11,921	10,681
Due after more than one year
Trade debtors	3,280	4,841

	15,201	15,522

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Tiles & Mosaic Co Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	7,759
Bank loans and overdrafts	8,375	6,857
Other creditors	35,752	20,975
Taxation and social security	173	367

	44,300	35,958

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	5	5

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