TRADE TYRES (BLACKBURN) LIMITED

Company Registration Number:
09452132 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

TRADE TYRES (BLACKBURN) LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

TRADE TYRES (BLACKBURN) LIMITED

Company Information

for the Period Ended 28 February 2023




Registered office: Butt House
Revidge Road
Blackburn
Lancashire
England
BB2 6DT
Company Registration Number: 09452132 (England and Wales)

TRADE TYRES (BLACKBURN) LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 52,959 33,140
Total fixed assets: 52,959 33,140
Current assets
Stocks: 48,075 46,150
Cash at bank and in hand: 29,851 38,547
Total current assets: 77,926 84,697
Creditors: amounts falling due within one year: 5 ( 7,628 ) ( 13,802 )
Net current assets (liabilities): 70,298 70,895
Total assets less current liabilities: 123,257 104,035
Provision for liabilities: ( 10,062 ) ( 6,297 )
Total net assets (liabilities): 113,195 97,738

The notes form part of these financial statements

TRADE TYRES (BLACKBURN) LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 113,095 97,638
Shareholders funds: 113,195 97,738

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 15 November 2023
And Signed On Behalf Of The Board By:

Name: JAVAID FEROZE
Status: Director

The notes form part of these financial statements

TRADE TYRES (BLACKBURN) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced provision of goods, excluding value added tax.

    Tangible fixed assets depreciation policy

    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 the shorter.

    Plant and machinery - 15% on reducing balance

    A full years charge is made in the year of addition, but no charge is made in the year of disposal.

TRADE TYRES (BLACKBURN) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 5 5

TRADE TYRES (BLACKBURN) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

TRADE TYRES (BLACKBURN) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 March 2022 56,200 56,200
Additions 29,164 29,164
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2023 85,364 85,364
Depreciation
At 01 March 2022 23,060 23,060
Charge for year 9,345 9,345
On disposals - -
Other adjustments - -
At 28 February 2023 32,405 32,405
Net book value
At 28 February 2023 52,959 52,959
At 28 February 2022 33,140 33,140

TRADE TYRES (BLACKBURN) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 1,478 7,652
Accruals and deferred income 1,250 1,250
Other creditors 4,900 4,900
Total 7,628 13,802