REGISTERED NUMBER: 00571935 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

W.J. (BILL) TILLSTON LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

314,471

314,444

Investment property

5

120,000

125,000

434,471

439,444

CURRENT ASSETS

Stocks

789,543

796,266

Debtors

45,694

35,907

Cash in hand

772

523

836,009

832,696

CREDITORS

Amounts falling due within one year

692,978

643,885

NET CURRENT ASSETS

143,031

188,811

TOTAL ASSETS LESS CURRENT LIABILITIES

577,502

628,255

CREDITORS

Amounts falling due after more than one year

11,134

26,298

NET ASSETS

566,368

601,957

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Fair value reserve

7

45,937

50,937

Retained earnings

518,431

549,020

566,368

601,957

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 directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

Mr R W Tillston - Director

Mr P Robinson - Director

1.	STATUTORY INFORMATION

W.J. (Bill) Tillston Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00571935

Registered office:

52 Yarm Lane

Stockton-on-Tees

Cleveland

TS18 1ER

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax and discounts allowed. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

625,113

Additions

25,390

Disposals

(5,930

)

At 31 December 2025

644,573

DEPRECIATION

At 1 January 2025

310,669

Charge for year

25,085

Eliminated on disposal

(5,652

)

At 31 December 2025

330,102

NET BOOK VALUE

At 31 December 2025

314,471

At 31 December 2024

314,444

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

125,000

Revaluations

(5,000

)

At 31 December 2025

120,000

NET BOOK VALUE

At 31 December 2025

120,000

At 31 December 2024

125,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2015

50,937

Valuation in 2025

(5,000

)

Cost

74,063

120,000

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Trade creditors

326,888

244,024

7.

RESERVES

Fair value

reserve

£

At 1 January 2025

50,937

Revaluation in year

(5,000

)

At 31 December 2025

45,937

8.	POST BALANCE SHEET EVENTS

Dividends of £0.28 per share were declared on 23 March 2026.