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REGISTERED NUMBER: SC156534 (Scotland)












Report of the Directors and

Financial Statements

for the Year Ended 31 December 2021

for

R & J Strang Tyre Services Limited

R & J Strang Tyre Services Limited (Registered number: SC156534)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 3

Income Statement 6

Other Comprehensive Income 7

Statement of Financial Position 8

Statement of Changes in Equity 9

Notes to the Financial Statements 10


R & J Strang Tyre Services Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: L Fricke
M Owen
T Gorgun





SECRETARY: M Owen





REGISTERED OFFICE: Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU





REGISTERED NUMBER: SC156534 (Scotland)





AUDITORS: O'Haras Chartered Accountants, Statutory Auditors
Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU

R & J Strang Tyre Services Limited (Registered number: SC156534)

Report of the Directors
for the Year Ended 31 December 2021

On 1st July 2019 KIM Holdings Scotland Limited, the holding company for R&J Strang Services Limited was acquired by Continental UK Group Holdings Limited. R&J Strang Tyre Services Limited continues to trade and offer the same services as before, but now enjoys the added resources and services that Continental ownership can bring to its new Group member.

In continuing to provide the above products and services this acquisition enables the wider Continental Group to provide a fully integrated tyre solution. Supplying customers with new tyres, retreaded tyres, call centre breakdown services, tyre fitting service and ultimately a casing management service. The Group is now better placed to provide a full lifecycle tyre solution which is now strengthened further following this acquisition.

DIRECTORS
The directors of the company who were in office during the year and up to the date of signing the financial statements were:

D Smith (resigned 31 March 2022)
M Owen
T Gorgun (appointed 31 March 2022)

These directors have no substantial shareholdings in the company.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:



M Owen - Secretary


12 September 2022

Report of the Independent Auditors to the Members of
R & J Strang Tyre Services Limited

Opinion
We have audited the financial statements of R & J Strang Tyre Services Limited (the 'company') for the year ended 31 December 2021 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 101 'Reduced Disclosure Framework' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 December 2021 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the provisions available for small entities, in the circumstances set out in note seventeen to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Directors has been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
R & J Strang Tyre Services Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

We gained an understanding of the legal and regulatory framework applicable to the company and the tyre industry in which it operates. We made enquiries of management as to whether there were any known or suspected instances of non-compliance with laws and regulations or fraud, and reviewed available board minutes for any indication of such matters.

We gained an understanding of management's internal controls designed to prevent and detect irregularities in their day-to-day operations.

We considered laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to, the Companies Act 2006 and UK tax legislation. We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement components. Our tests included agreeing the financial statement disclosures to underlying supporting documentation, enquiries with management and enquiries of relevant third parties.

We considered how fraud might occur in this company and designed our tests accordingly.

As in all audits, we also addressed the risk of management override of internal controls, including reviewing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
R & J Strang Tyre Services Limited


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




John O'Hara CA (Senior Statutory Auditor)
for and on behalf of O'Haras Chartered Accountants, Statutory Auditors
Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU

12 September 2022

R & J Strang Tyre Services Limited (Registered number: SC156534)

Income Statement
for the Year Ended 31 December 2021

2021 2020
Notes £    £   

TURNOVER 9,887,097 8,690,340

Cost of sales 8,482,577 7,550,567
GROSS PROFIT 1,404,520 1,139,773

Administrative expenses 1,238,097 1,246,323
166,423 (106,550 )

Other operating income - 53,269
OPERATING PROFIT/(LOSS) 166,423 (53,281 )

Interest receivable and similar income 6,434 6,520
172,857 (46,761 )

Interest payable and similar expenses 4 6,149 11,479
PROFIT/(LOSS) BEFORE TAXATION 5 166,708 (58,240 )

Tax on profit/(loss) 6 23,374 2,015
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

143,334

(60,255

)

R & J Strang Tyre Services Limited (Registered number: SC156534)

Other Comprehensive Income
for the Year Ended 31 December 2021

2021 2020
Notes £    £   

PROFIT/(LOSS) FOR THE YEAR 143,334 (60,255 )


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

143,334

(60,255

)

R & J Strang Tyre Services Limited (Registered number: SC156534)

Statement of Financial Position
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Owned
Tangible assets 7 518,419 536,994
Right-of-use
Tangible assets 7, 12 355,599 428,021
874,018 965,015

CURRENT ASSETS
Stocks 1,194,909 1,146,181
Debtors 8 2,700,669 2,534,329
Cash at bank and in hand 82,034 588,244
3,977,612 4,268,754
CREDITORS
Amounts falling due within one year 9 731,629 1,194,666
NET CURRENT ASSETS 3,245,983 3,074,088
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,120,001

4,039,103

CREDITORS
Amounts falling due after more than one
year

10

(288,930

)

(360,869

)

PROVISIONS FOR LIABILITIES 13 (53,998 ) (44,495 )
NET ASSETS 3,777,073 3,633,739

CAPITAL AND RESERVES
Called up share capital 14 10,000 10,000
Retained earnings 15 3,767,073 3,623,739
SHAREHOLDERS' FUNDS 3,777,073 3,633,739

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2022 and were signed on its behalf by:





M Owen - Director


R & J Strang Tyre Services Limited (Registered number: SC156534)

Statement of Changes in Equity
for the Year Ended 31 December 2021

Called up
share Retained Total
capital earnings equity
£    £    £   

Balance at 1 January 2020 10,000 3,683,994 3,693,994

Changes in equity
Total comprehensive income - (60,255 ) (60,255 )
Balance at 31 December 2020 10,000 3,623,739 3,633,739

Changes in equity
Total comprehensive income - 143,334 143,334
Balance at 31 December 2021 10,000 3,767,073 3,777,073

R & J Strang Tyre Services Limited (Registered number: SC156534)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

R & J Strang Tyre Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 101 "Reduced Disclosure Framework" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern

The Coronavirus outbreak has created great uncertainty and many challenges in all companies. The company has taken prompt action to minimise costs across the company. While the impact of COVID-19 is still uncertain and the final impact on the company cannot be accurately predicted, the directors have reviewed their projections and feel that the company has sufficient cash reserves, and the support of the larger group of which it is part, to enable it to trade through the current difficult climate.

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 101 "Reduced Disclosure Framework":

the requirements of paragraph 24(6) of IFRS 6 Exploration for and Evaluation of Mineral Resources;
the requirements of IFRS 7 Financial Instruments: Disclosures;
the requirements of paragraphs 91 to 99 of IFRS 13 Fair Value Measurement;
the requirements of paragraph 52, the second sentence of paragraph 89, and paragraphs 90, 91 and 93 of
IFRS 16 Leases;
the requirements of paragraph 58 of IFRS 16;
the requirements of IAS 7 Statement of Cash Flows;
the requirements of paragraphs 17 and 18A of IAS 24 Related Party Disclosures;
the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into
between two or more members of a group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Leasehold prop - at varying rates on cost
Improvements to property - 20% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

Inventories
Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items

Cost is calculated using average costing method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Current taxes are based on the results shown in the financial statements and are calculated according to local tax rules, using tax rates enacted or substantially enacted by the statement of financial position date.

R & J Strang Tyre Services Limited (Registered number: SC156534)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued

Leases
Leases are recognised as finance leases. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method. The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract.

Where ownership of the right-of-use asset transfers to the lessee at the end of the lease term, the right-of-use asset is depreciated over the asset’s remaining useful life. If ownership of the right-of-use asset does not transfer to the lessee at the end of the lease term, depreciation is charged over the shorter of the useful life of the right-of-use asset and the lease term.

Employee benefit costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Impairment of fixed assets
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS
2021 2020
£    £   
Wages and salaries 1,425,964 1,419,881
Other pension costs 29,663 28,301
1,455,627 1,448,182

The average number of employees during the year was as follows:
2021 2020

40 40

R & J Strang Tyre Services Limited (Registered number: SC156534)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

3. EMPLOYEES AND DIRECTORS - continued

2021 2020
£    £   
Directors' remuneration - -

4. INTEREST PAYABLE AND SIMILAR EXPENSES
2021 2020
£    £   
Other interest 6,149 8,767
Leasing - 2,712
6,149 11,479

5. PROFIT/(LOSS) BEFORE TAXATION

The profit before taxation (2020 - loss before taxation) is stated after charging/(crediting):
2021 2020
£    £   
Cost of inventories recognised as expense 8,482,577 7,550,567
Depreciation - owned assets 163,624 165,551
Depreciation - assets on hire purchase contracts or finance leases 72,422 72,423
Profit on disposal of fixed assets (28,200 ) (6,255 )
Auditors' remuneration 7,000 7,000

6. TAXATION

Analysis of tax expense
2021 2020
£    £   
Current tax:
Tax 13,871 8,620
Prior year under provision - 10,907
Total current tax 13,871 19,527

Deferred tax 9,503 (17,512 )
Total tax expense in income statement 23,374 2,015

R & J Strang Tyre Services Limited (Registered number: SC156534)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

6. TAXATION - continued

Factors affecting the tax expense
The tax assessed for the year is lower (2020 - higher) than the standard rate of corporation tax in the UK. The difference is explained below:

2021 2020
£    £   
Profit/(loss) before income tax 166,708 (58,240 )
Profit/(loss) multiplied by the standard rate of corporation tax in the UK of
19% (2020 - 19%)

31,675

(11,066

)

Effects of:
Expenses not deductible for tax purposes 7 72
Depreciation in excess of capital allowances (17,811 ) 19,614
Provision for deferred tax 9,503 (17,512 )
Prior year under provision - 10,907
Tax expense 23,374 2,015

7. TANGIBLE FIXED ASSETS
Improvements
Leasehold to Plant and
prop property machinery
£    £    £   
COST
At 1 January 2021 545,182 31,470 751,076
Additions - - -
Disposals - - -
At 31 December 2021 545,182 31,470 751,076
DEPRECIATION
At 1 January 2021 117,161 31,462 582,157
Charge for year 72,422 8 33,659
Eliminated on disposal - - -
At 31 December 2021 189,583 31,470 615,816
NET BOOK VALUE
At 31 December 2021 355,599 - 135,260
At 31 December 2020 428,021 8 168,919

R & J Strang Tyre Services Limited (Registered number: SC156534)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2021 110,703 944,629 57,585 2,440,645
Additions - 145,049 - 145,049
Disposals - (120,216 ) - (120,216 )
At 31 December 2021 110,703 969,462 57,585 2,465,478
DEPRECIATION
At 1 January 2021 95,525 594,210 55,115 1,475,630
Charge for year 5,143 123,790 1,024 236,046
Eliminated on disposal - (120,216 ) - (120,216 )
At 31 December 2021 100,668 597,784 56,139 1,591,460
NET BOOK VALUE
At 31 December 2021 10,035 371,678 1,446 874,018
At 31 December 2020 15,178 350,419 2,470 965,015

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 890,638 898,591
Other debtors - 6,649
Intercompany-CTG 1,747,231 1,565,619
Prepayments and accrued income 62,800 63,470
2,700,669 2,534,329

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Leases (see note 11) 71,938 70,879
Trade creditors 548,887 792,953
Tax - 8,620
Social security and other taxes 38,757 43,535
VAT 18,452 160,227
Intercompany - Bandvulc (1,534 ) 46,092
Accruals and deferred income 55,129 72,360
731,629 1,194,666

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Leases (see note 11) 288,930 360,869

R & J Strang Tyre Services Limited (Registered number: SC156534)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

11. FINANCIAL LIABILITIES - BORROWINGS

2021 2020
£    £   
Current:
Leases (see note 12) 71,938 70,879

Non-current:
Leases (see note 12) 288,930 360,869

Terms and debt repayment schedule

1 year or
less 1-2 years Totals
£    £    £   
Leases 71,938 288,930 360,868

12. LEASING

Right-of-use assets

Tangible fixed assets

2021 2020
£    £   
COST
At 1 January 2021 545,182 282,185
Additions - 262,997
545,182 545,182

DEPRECIATION
At 1 January 2021 117,161 44,738
Charge for year 72,422 72,423
189,583 117,161

NET BOOK VALUE 355,599 428,021

R & J Strang Tyre Services Limited (Registered number: SC156534)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

12. LEASING - continued

Lease liabilities

Minimum lease payments fall due as follows:

2021 2020
£    £   
Gross obligations repayable:
Within one year 77,028 77,028
Between one and five years 300,813 377,841

377,841 454,869

Finance charges repayable:
Within one year 5,090 6,149
Between one and five years 11,883 16,972
16,973 23,121

Net obligations repayable:
Within one year 71,938 70,879
Between one and five years 288,930 360,869
360,868 431,748

13. PROVISIONS FOR LIABILITIES
2021 2020
£    £   
Deferred tax 53,998 44,495

Deferred
tax
£   
Balance at 1 January 2021 44,495
Provided during year 9,503
Balance at 31 December 2021 53,998

14. CALLED UP SHARE CAPITAL


Allotted and issued:
Number: Class: Nominal 2021 2020
value: £    £   
10,000 Ordinary £1 10,000 10,000

R & J Strang Tyre Services Limited (Registered number: SC156534)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

15. RESERVES
Retained
earnings
£   

At 1 January 2021 3,623,739
Profit for the year 143,334
At 31 December 2021 3,767,073

16. ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary undertaking of Continental UK Group Holdings Limited, the ultimate parent company of which is Continental AG, a company incorporated in Germany. The consolidated accounts of Continental AG are available to the public and may be obtained from;
Continental AG
Vahrenwalder Strasse 9
30001 Hannover
Germany

17. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.