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Company Registration No. 5594070 (England and Wales)
N E TYRES & VAN HIRE LIMITED Unaudited accounts for the period from 1 November 2022 to 31 January 2024
N E TYRES & VAN HIRE LIMITED Unaudited accounts Contents
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N E TYRES & VAN HIRE LIMITED Company Information for the period from 1 November 2022 to 31 January 2024
Directors
S PLATTEN Mrs D PLATTEN
Company Number
5594070 (England and Wales)
Registered Office
15 NORTH STREET TYWARDREATH PAR CORNWALL PL24 4PW
Accountants
SG ACCOUNTANCY 102 TREVERBYN ROAD CARCLAZE IND ESTATE ST AUSTELL CORNWALL PL25 4EW
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N E TYRES & VAN HIRE LIMITED Statement of financial position as at 31 January 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
90,617 
Current assets
Inventories
- 
5,000 
Debtors
- 
66,946 
Cash at bank and in hand
30,654 
35,069 
30,654 
107,015 
Creditors: amounts falling due within one year
(25,599)
(84,759)
Net current assets
5,055 
22,256 
Total assets less current liabilities
5,055 
112,873 
Creditors: amounts falling due after more than one year
- 
(25,997)
Net assets
5,055 
86,876 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
5,053 
86,874 
Shareholders' funds
5,055 
86,876 
For the period ending 31 January 2024 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 8 February 2024 and were signed on its behalf by
S PLATTEN Director Company Registration No. 5594070
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N E TYRES & VAN HIRE LIMITED Notes to the Accounts for the period from 1 November 2022 to 31 January 2024
1
Statutory information
N E TYRES & VAN HIRE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5594070. The registered office is 15 NORTH STREET, TYWARDREATH, PAR, CORNWALL, PL24 4PW.
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 period, 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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
99,314 
124,733 
7,348 
231,395 
Additions
- 
- 
233 
233 
Disposals
(99,314)
(124,733)
(7,581)
(231,628)
At 31 January 2024
- 
- 
- 
- 
Depreciation
At 1 November 2022
74,509 
59,855 
6,414 
140,778 
On disposals
(74,509)
(59,855)
(6,414)
(140,778)
At 31 January 2024
- 
- 
- 
- 
Net book value
At 31 January 2024
- 
- 
- 
- 
At 31 October 2022
24,805 
64,878 
934 
90,617 
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N E TYRES & VAN HIRE LIMITED Notes to the Accounts for the period from 1 November 2022 to 31 January 2024
5
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
16,818 
Accrued income and prepayments
- 
4,117 
Other debtors
- 
46,011 
- 
66,946 
6
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Trade creditors
- 
28,150 
Taxes and social security
4,516 
1,736 
Loans from directors
11,301 
41,239 
Accruals
9,782 
13,634 
25,599 
84,759 
7
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Bank loans
- 
25,997 
8
Share capital
2024 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the period the average number of employees was 7 (2022: 7).
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