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Company Registration No. 07663152 (England and Wales)
Tip Top Tyres ( Cramlington ) Limited Unaudited accounts for the year ended 31 March 2023
Tip Top Tyres ( Cramlington ) Limited Unaudited accounts Contents
Page
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Tip Top Tyres ( Cramlington ) Limited Company Information for the year ended 31 March 2023
Director
William Fairbairn
Company Number
07663152 (England and Wales)
Registered Office
31 Brookside Houghton le Spring Tyne and Wear DH5 9NW England
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Tip Top Tyres ( Cramlington ) Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
- 
2,000 
Debtors
- 
5,741 
Cash at bank and in hand
12,329 
28,167 
12,329 
35,908 
Creditors: amounts falling due within one year
(1,600)
(13,896)
Net current assets
10,729 
22,012 
Net assets
10,729 
22,012 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
9,729 
21,012 
Shareholders' funds
10,729 
22,012 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 June 2023 and were signed on its behalf by
William Fairbairn Director Company Registration No. 07663152
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Tip Top Tyres ( Cramlington ) Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Tip Top Tyres ( Cramlington ) Limited is a private company, limited by shares, registered in England and Wales, registration number 07663152. The registered office is 31 Brookside, , Houghton le Spring, Tyne and Wear, DH5 9NW, England. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
1,260 
At 31 March 2023
1,260 
Depreciation
At 1 April 2022
1,260 
At 31 March 2023
1,260 
Net book value
At 31 March 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,813 
Accrued income and prepayments
- 
3,928 
- 
5,741 
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Tip Top Tyres ( Cramlington ) Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
1,002 
Trade creditors
- 
7,445 
Loans from directors
- 
3,761 
Accruals
1,600 
1,688 
1,600 
13,896 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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