Company Registration No. 07202077 (England and Wales)
A AND D TYRES LTD.
Unaudited accounts
for the year ended 31 March 2023
A AND D TYRES LTD.
Unaudited accounts
Contents
A AND D TYRES LTD.
Company Information
for the year ended 31 March 2023
Directors
Anna Louise Hughes Morris
David Hywel Morris
Company Number
07202077 (England and Wales)
Registered Office
Ty Gwyn Isaf
Llanbadarn Fawr
Aberystwyth
Ceredigion
SY23 3HJ
UK
Accountants
Llywela Thomas Bookkeeping
Unit 5 & 6 CKs Supermarkets
Rhoshendre, Waunfawr
Aberystwyth
Ceredigion
SY23 3QH
A AND D TYRES LTD.
Statement of financial position
as at 31 March 2023
Tangible assets
29,274
35,700
Cash at bank and in hand
192,969
109,707
Creditors: amounts falling due within one year
(147,513)
(58,347)
Net current assets
300,310
232,775
Net assets
329,584
268,475
Profit and loss account
329,384
268,275
Shareholders' funds
329,584
268,475
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 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 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 of Directors and authorised for issue on 24 October 2023 and were signed on its behalf by
Anna Louise Hughes Morris
Director
Company Registration No. 07202077
A AND D TYRES LTD.
Notes to the Accounts
for the year ended 31 March 2023
A AND D TYRES LTD. is a private company, limited by shares, registered in England and Wales, registration number 07202077. The registered office is Ty Gwyn Isaf, Llanbadarn Fawr, Aberystwyth, Ceredigion, SY23 3HJ, UK.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of value Added Tax.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
30,957
110,084
62,549
203,590
Additions
1,158
2,500
10,309
13,967
At 31 March 2023
32,115
112,584
72,858
217,557
At 1 April 2022
29,627
87,688
50,575
167,890
Charge for the year
1,398
6,531
12,464
20,393
At 31 March 2023
31,025
94,219
63,039
188,283
At 31 March 2023
1,090
18,365
9,819
29,274
At 31 March 2022
1,330
22,396
11,974
35,700
A AND D TYRES LTD.
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
169,854
96,415
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
111,779
30,516
Taxes and social security
17,924
11,993
Proposed dividends
4,000
4,000
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Average number of employees
During the year the average number of employees was 4 (2022: 4).