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Registration number: 03856457

Leafcutter Design Ltd

trading as Tim's Tiles

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2026

 

Leafcutter Design Ltd

trading as Tim's Tiles

Contents

Company Information

1

Accountants' Report

2

Profit and Loss Account

3

Balance Sheet

4 to 6

Notes to the Unaudited Financial Statements

5

Detailed Profit and Loss Account

7 to 9

 

Leafcutter Design Ltd

trading as Tim's Tiles

Company Information

Director

Mr R Fox

Registered office

12 The Broadway
St Ives
Cambridgeshire
England
PE27 5BN

Accountants

D A Green & Sons
Chartered Certified Accountants12 The Broadway
St Ives
Cambridgeshire
PE27 5BN

 

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Leafcutter Design Ltd

trading as Tim's Tiles
for the Year Ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Leafcutter Design Ltd for the year ended 31 March 2026 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Leafcutter Design Ltd, as a body, in accordance with the terms of our engagement letter dated 15 August 2003. Our work has been undertaken solely to prepare for your approval the accounts of Leafcutter Design Ltd and state those matters that we have agreed to state to the Board of Directors of Leafcutter Design Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Leafcutter Design Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Leafcutter Design Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Leafcutter Design Ltd. You consider that Leafcutter Design Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Leafcutter Design Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

D A Green & Sons
Chartered Certified Accountants
12 The Broadway
St Ives
Cambridgeshire
PE27 5BN

28 May 2026

 

Leafcutter Design Ltd

trading as Tim's Tiles

Profit and Loss Account for the Year Ended 31 March 2026

2026
£

2025
£

Turnover

902,172

692,059

Other income

918

1,800

Cost of raw materials and consumables

(505,820)

(437,293)

Staff costs

(299,429)

(143,719)

Depreciation and other amounts written off assets

(6,990)

(2,789)

Other charges

(106,162)

(90,041)

(Loss)/profit before tax

(15,311)

20,017

Tax on (loss)/profit

1,545

(7,501)

(Loss)/profit for the year

(13,766)

12,516

 

Leafcutter Design Ltd

trading as Tim's Tiles

(Registration number: 03856457)
Balance Sheet as at 31 March 2026

2026
£

2025
£

Fixed assets

20,951

28,477

Current assets

135,899

187,764

Prepayments and accrued income

9,024

9,630

Creditors: Amounts falling due within one year

(59,388)

(69,741)

Net current assets

85,535

127,653

Total assets less current liabilities

106,486

156,130

Creditors: Amounts falling due after more than one year

-

(1,301)

Accruals and deferred income

(2,125)

(1,450)

 

104,361

153,379

Capital and reserves

104,361

153,379

 

Leafcutter Design Ltd

trading as Tim's Tiles

(Registration number: 03856457)
Balance Sheet as at 31 March 2026

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
12 The Broadway
St Ives
Cambridgeshire
PE27 5BN
England

These financial statements were authorised for issue by the director on 28 May 2026.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2025 - 6).

 

Leafcutter Design Ltd

trading as Tim's Tiles

(Registration number: 03856457)
Balance Sheet as at 31 March 2026

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and FRS 105 ‘The Financial Reporting Standard Applicable to the Micro-entities Regime.

Approved and authorised by the director on 28 May 2026
 

.........................................
Mr R Fox
Director

 

Leafcutter Design Ltd

trading as Tim's Tiles

Detailed Profit and Loss Account for the Year Ended 31 March 2026

2026
 £

2025
 £

turnover (analysed below)

902,172

692,059

Cost of sales (analysed below)

(609,676)

(507,195)

Gross profit

292,496

184,864

Gross profit (%)

32.42%

26.71%

Administrative expenses

Employment costs (analysed below)

195,573

73,817

Establishment costs (analysed below)

68,985

52,404

General administrative expenses (analysed below)

28,578

30,185

Finance charges (analysed below)

8,599

7,223

Depreciation costs (analysed below)

6,990

2,789

308,725

166,418

Operating (loss)/profit

(16,229)

18,446

Other interest receivable and similar income (analysed below)

918

1,800

Interest payable and similar charges (analysed below)

-

(229)

918

1,571

(Loss)/profit before tax

(15,311)

20,017

 

Leafcutter Design Ltd

trading as Tim's Tiles

Detailed Profit and Loss Account for the Year Ended 31 March 2026

2026
£

2025
£

   

Turnover

Work done

902,172

692,059

   

Cost of sales

Opening stock

45,511

60,916

Materials

500,432

408,068

Closing stock

(54,082)

(45,511)

Wages and salaries

92,882

62,438

Staff NIC (Employers)

7,505

4,886

Staff pensions (Defined contribution)

3,469

2,578

Subcontract cost

1,380

-

Waste disposal

3,061

2,537

Freight and carriage

9,518

11,283

609,676

507,195

   

Employment costs

Wages and salaries

15,000

15,000

Directors remuneration

46,423

45,223

Directors pensions (Defined contribution)

129,600

9,600

Private health insurance

4,303

3,639

Staff welfare

247

355

195,573

73,817

   

Establishment costs

Rent and rates

48,260

46,826

Light, heat and power

2,671

2,709

Insurance

4,794

2,856

Repairs and maintenance

13,260

13

68,985

52,404

 

Leafcutter Design Ltd

trading as Tim's Tiles

Detailed Profit and Loss Account for the Year Ended 31 March 2026

2026
£

2025
£

   

General administrative expenses

Telephone and fax

692

3,155

Computer software and maintenance costs

2,682

3,981

Printing, postage and stationery

669

842

Trade subscriptions

1,161

1,154

Sundry expenses

80

258

Cleaning

100

-

Motor expenses

7,818

8,566

Travel and subsistence

951

-

Advertising

1,607

3,627

Accountancy fees

2,425

1,650

Consultancy fees

2,542

3,839

Legal and professional fees

2,232

990

Bad debts written off

5,619

2,123

28,578

30,185

   

Finance charges

Bank charges

837

753

Credit card charges

7,762

6,470

8,599

7,223

   

Depreciation costs

Depreciation of plant and machinery (owned)

925

899

Depreciation of fixtures and fittings (owned)

-

33

Depreciation of motor vehicles (owned)

5,588

642

Depreciation of office equipment (owned)

477

1,215

6,990

2,789

   

Other interest receivable and similar income

Bank interest receivable

918

1,800

   

Interest payable and similar expenses

Bank loan interest payable

-

229