Company registration number: 04014519
Annual report and unaudited financial statements
for the year ended 30 June 2026
for
Designer Tile Company Limited
Pages for filing with the Registrar
Company registration number: 04014519
Designer Tile Company Limited
Balance sheet
as at 30 June 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 428,838 418,950
428,838 418,950
Current assets
Stocks 180,416 170,304
Debtors 5 82,334 65,259
Cash at bank and in hand 24,251 43,300
287,001 278,863
Creditors: amounts falling due within one year
6 (153,273) (153,643)
Net current assets 133,728 125,220
Total assets less current liabilities 562,566 544,170
Creditors: Amounts falling due after more than one year
7 (299,621) (283,413)
NET ASSETS 262,945 260,757
Capital and reserves
Called up share capital 2 2
Revaluation reserve 260,559 260,559
Profit and loss account 2,384 196
TOTAL EQUITY 262,945 260,757
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 June 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 04014519
Designer Tile Company Limited
Balance sheet - continued
as at 30 June 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr P Shepherd, Director
11 August 2026
2
Designer Tile Company Limited
Notes to the financial statements
for the year ended 30 June 2026
1 Company information
Designer Tile Company Limited is a private company registered in England and Wales. Its registered number is 04014519. The company is limited by shares. Its registered office is Designer Tile Co, 134 Duncan Road, Leicester, Leicestershire, LE2 8ED.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 2% straight line
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
Designer Tile Company Limited
Notes to the financial statements - continued
for the year ended 30 June 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 7 (2025 - 7).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 July 2025 550,000 188,166 738,166
Additions - 35,145 35,145
Disposals - (17,500) (17,500)
At 30 June 2026 550,000 205,811 755,811
Depreciation
At 1 July 2025 165,000 154,216 319,216
Charge for year 11,000 8,951 19,951
Eliminated on disposal - (12,194) (12,194)
At 30 June 2026 176,000 150,973 326,973
4
Designer Tile Company Limited
Notes to the financial statements - continued
for the year ended 30 June 2026
4 Tangible fixed assets - continued
Net book value
At 30 June 2026 374,000 54,838 428,838
At 30 June 2025 385,000 33,950 418,950
If Freehold Property had not been revalued, it would have been included at the following historical cost:
2026 2025
£ £
Cost 340,200 340,200
Accumulated depreciation 159,623 152,819
5 Debtors
2026 2025
£ £
Trade debtors 71,882 55,554
Other debtors 10,452 9,705
82,334 65,259
6 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 5,514 5,514
Hire purchase and finance leases 4,629 4,629
Trade creditors 94,925 103,985
Other creditors 6,181 4,403
Taxation 13,539 10,019
Social security and other tax 28,485 25,093
153,273 153,643
7 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans 269,313 274,823
Hire purchase and finance leases 30,308 8,590
299,621 283,413
5