IRIS Accounts Production v26.2.0.496 02633453 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02633453 2024-12-31 02633453 2025-12-31 02633453 2025-01-01 2025-12-31 02633453 2023-12-31 02633453 2024-01-01 2024-12-31 02633453 2024-12-31 02633453 ns15:EnglandWales 2025-01-01 2025-12-31 02633453 ns14:PoundSterling 2025-01-01 2025-12-31 02633453 ns10:Director1 2025-01-01 2025-12-31 02633453 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02633453 ns10:SmallEntities 2025-01-01 2025-12-31 02633453 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 02633453 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 02633453 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02633453 ns10:FullAccounts 2025-01-01 2025-12-31 02633453 ns10:OrdinaryShareClass3 2025-01-01 2025-12-31 02633453 ns10:OrdinaryShareClass2 2025-01-01 2025-12-31 02633453 ns10:Director2 2025-01-01 2025-12-31 02633453 ns10:RegisteredOffice 2025-01-01 2025-12-31 02633453 ns5:CurrentFinancialInstruments 2025-12-31 02633453 ns5:CurrentFinancialInstruments 2024-12-31 02633453 ns5:Non-currentFinancialInstruments 2025-12-31 02633453 ns5:Non-currentFinancialInstruments 2024-12-31 02633453 ns5:ShareCapital 2025-12-31 02633453 ns5:ShareCapital 2024-12-31 02633453 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 02633453 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 02633453 ns5:PlantMachinery 2025-01-01 2025-12-31 02633453 ns5:FurnitureFittings 2025-01-01 2025-12-31 02633453 ns5:MotorVehicles 2025-01-01 2025-12-31 02633453 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 02633453 ns5:PlantMachinery 2024-12-31 02633453 ns5:FurnitureFittings 2024-12-31 02633453 ns5:MotorVehicles 2024-12-31 02633453 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 02633453 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-12-31 02633453 ns5:PlantMachinery 2025-12-31 02633453 ns5:FurnitureFittings 2025-12-31 02633453 ns5:MotorVehicles 2025-12-31 02633453 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 02633453 ns5:PlantMachinery 2024-12-31 02633453 ns5:FurnitureFittings 2024-12-31 02633453 ns5:MotorVehicles 2024-12-31 02633453 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 02633453 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 02633453 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-12-31 02633453 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-12-31 02633453 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-12-31 02633453 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-12-31 02633453 ns5:HirePurchaseContracts 2025-12-31 02633453 ns5:HirePurchaseContracts 2024-12-31 02633453 ns5:WithinOneYear 2025-12-31 02633453 ns5:WithinOneYear 2024-12-31 02633453 ns5:BetweenOneFiveYears 2025-12-31 02633453 ns5:BetweenOneFiveYears 2024-12-31 02633453 ns5:MoreThanFiveYears 2025-12-31 02633453 ns5:MoreThanFiveYears 2024-12-31 02633453 ns5:AllPeriods 2025-12-31 02633453 ns5:AllPeriods 2024-12-31 02633453 ns5:AcceleratedTaxDepreciationDeferredTax 2025-12-31 02633453 ns5:AcceleratedTaxDepreciationDeferredTax 2024-12-31 02633453 ns5:DeferredTaxation 2025-01-01 2025-12-31 02633453 ns5:DeferredTaxation 2025-12-31 02633453 ns10:OrdinaryShareClass3 2025-12-31 02633453 ns10:OrdinaryShareClass2 2025-12-31

REGISTERED NUMBER: 02633453 (England and Wales)

SIMPLY TILES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

SIMPLY TILES LIMITED (REGISTERED NUMBER: 02633453)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

SIMPLY TILES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | S F Edwards

| S McHarg

| REGISTERED OFFICE: | 852 London Road

| Derby

| Derbyshire

| DE21 8WA

| REGISTERED NUMBER: | 02633453 (England and Wales)

SIMPLY TILES LIMITED (REGISTERED NUMBER: 02633453)

BALANCE SHEET

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 57,954 |  | 68,072 |  |

CURRENT ASSETS

Stocks | 400,194 |  | 411,537 |  |

Debtors | 5 | 219,612 |  | 154,257 |  |

Cash at bank and in hand | 93,790 |  | 117,996 |  |

713,596 |  | 683,790 |  |

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 6 | 375,135 |  | 343,745 |  |

NET CURRENT ASSETS | 338,461 |  | 340,045 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 396,415 |  | 408,117 |  |

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | 7 | (23,794 | ) | (36,895 | ) |

PROVISIONS FOR LIABILITIES | 10 | (11,011 | ) | - |  |

NET ASSETS | 361,610 |  | 371,222 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 1,000 |  | 1,000 |  |

Retained earnings | 360,610 |  | 370,222 |  |

SHAREHOLDERS' FUNDS | 361,610 |  | 371,222 |  |

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.

SIMPLY TILES LIMITED (REGISTERED NUMBER: 02633453)

BALANCE SHEET - continued

31 DECEMBER 2025

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2026 and were signed on its behalf by:

S F Edwards - Director

SIMPLY TILES LIMITED (REGISTERED NUMBER: 02633453)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Simply Tiles Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Compliance with accounting standards

| 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.

| The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

| Turnover

| Turnover represents net invoiced sales of goods and services, net of value added tax and trade discounts.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Plant and machinery | - | 25% on cost and 20% on cost

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 25% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Debtors and creditors

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| Employee benefits

| When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 13 (2024 - 13 ) .

SIMPLY TILES LIMITED (REGISTERED NUMBER: 02633453)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | Plant and |  | and |  | Motor |

| leasehold |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2025 | 22,049 |  | 125,310 |  | 301,946 |  | 59,895 |  | 509,200 |  |

| Additions | 3,434 |  | 750 |  | - |  | 10,495 |  | 14,679 |  |

| Disposals | - |  | - |  | - |  | (9,756 | ) | (9,756 | ) |

| At 31 December 2025 | 25,483 |  | 126,060 |  | 301,946 |  | 60,634 |  | 514,123 |  |

| DEPRECIATION

| At 1 January 2025 | 2,205 |  | 118,066 |  | 298,379 |  | 22,478 |  | 441,128 |  |

| Charge for year | 2,548 |  | 5,491 |  | 1,598 |  | 15,159 |  | 24,796 |  |

| Eliminated on disposal | - |  | - |  | - |  | (9,755 | ) | (9,755 | ) |

| At 31 December 2025 | 4,753 |  | 123,557 |  | 299,977 |  | 27,882 |  | 456,169 |  |

| NET BOOK VALUE

| At 31 December 2025 | 20,730 |  | 2,503 |  | 1,969 |  | 32,752 |  | 57,954 |  |

| At 31 December 2024 | 19,844 |  | 7,244 |  | 3,567 |  | 37,417 |  | 68,072 |  |

| The net book value of motor vehicles includes £32,752 (2024 - £37,416) in respect of assets held

| under finance leases or hire purchase contracts. The depreciation charge in respect of such assets

| amounted to £15,159 (2024 - £12,723) for the year.

| The net book value of plant and machinery includes £1 (2024 - £3,235) in respect of assets held

| under finance leases or hire purchase contracts. The depreciation charge in respect of such assets

| amounted to £3,234 (2024 - £3,235) for the year.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 138,958 |  | 82,157 |  |

| Other debtors | 80,654 |  | 72,100 |  |

219,612 |  | 154,257 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 5,153 |  | 10,388 |  |

| Hire purchase contracts (see note 8) | 16,625 |  | 16,748 |  |

| Trade creditors | 255,153 |  | 210,092 |  |

| Taxation and social security | 56,895 |  | 57,732 |  |

| Other creditors | 41,309 |  | 48,785 |  |

375,135 |  | 343,745 |  |

SIMPLY TILES LIMITED (REGISTERED NUMBER: 02633453)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 6,030 |  |

| Hire purchase contracts (see note 8) | 23,794 |  | 30,865 |  |

23,794 |  | 36,895 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 16,625 |  | 16,748 |  |

| Between one and five years | 23,794 |  | 30,865 |  |

40,419 |  | 47,613 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 36,673 |  | 36,673 |  |

| Between one and five years | 109,684 |  | 110,357 |  |

| In more than five years | 99,000 |  | 135,000 |  |

245,357 |  | 282,030 |  |

9. | SECURED DEBTS

| Bank borrowings from time to time are secured by the bank's debenture.

10. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax

| Accelerated capital allowances | 11,011 |  | - |  |

| Deferred |

| tax |

£ |

| Provided during year | 11,011 |  |

| Balance at 31 December 2025 | 11,011 |  |

SIMPLY TILES LIMITED (REGISTERED NUMBER: 02633453)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 548 | A Ordinary | £1 | 548 |  | 548 |  |

| Allotted and issued:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 452 | Share capital 2 | £1 | 452 |  | 452 |  |

12. | CONTROLLING PARTY

| The director controls the company.