1 January 2023 false No description of principal activity Taxfiler 2024.1 SC717494business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC7174942022-12-31 SC7174942023-01-012023-12-31 SC717494business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 SC717494business:FilletedAccounts2023-01-012023-12-31 SC7174942023-12-31 SC717494business:Director12023-01-012023-12-31 SC717494business:RegisteredOffice2023-01-012023-12-31 SC717494core:WithinOneYear2023-12-31 SC717494core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC717494core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC717494core:PreviouslyStatedAmount2023-12-31 SC717494business:SmallEntities2023-01-012023-12-31 SC717494countries:Scotland2023-01-012023-12-31 SC717494core:FurnitureFittings2023-01-012023-12-31 SC717494core:ComputerEquipment2023-01-012023-12-31 SC717494core:FurnitureFittings2022-12-31 SC717494core:ComputerEquipment2022-12-31 SC717494core:FurnitureFittings2023-12-31 SC717494core:ComputerEquipment2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC717494 (Scotland)
TYRES B WISE (SCOT) LTD Unaudited accounts for the year ended 31 December 2023
TYRES B WISE (SCOT) LTD Unaudited accounts Contents
Page
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TYRES B WISE (SCOT) LTD Company Information for the year ended 31 December 2023
Director
Raymond Cummings
Company Number
SC717494 (Scotland)
Registered Office
FLAT 3 KINGSTON COURT 60 GOWER STREET GLASGOW G41 5QD SCOTLAND
Accountants
Alyaan Finance Solutions Ltd 22 Heathwood Road Burnage Manchester M19 1SL
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TYRES B WISE (SCOT) LTD Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
2,534 
Current assets
Debtors
1,510 
Cash at bank and in hand
2,250 
3,760 
Creditors: amounts falling due within one year
(9,655)
Net current liabilities
(5,895)
Net liabilities
(3,361)
Capital and reserves
Called up share capital
100 
Profit and loss account
(3,461)
Shareholders' funds
(3,361)
For the year ending 31 December 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 19 March 2024 and were signed on its behalf by
Raymond Cummings Director Company Registration No. SC717494
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TYRES B WISE (SCOT) LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
TYRES B WISE (SCOT) LTD is a private company, limited by shares, registered in Scotland, registration number SC717494. The registered office is FLAT 3 KINGSTON COURT, 60 GOWER STREET, GLASGOW, G41 5QD, SCOTLAND.
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:
Fixtures & fittings
10%
Computer equipment
10%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
- 
- 
- 
Additions
1,676 
1,140 
2,816 
At 31 December 2023
1,676 
1,140 
2,816 
Depreciation
Charge for the year
168 
114 
282 
At 31 December 2023
168 
114 
282 
Net book value
At 31 December 2023
1,508 
1,026 
2,534 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
1,510 
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TYRES B WISE (SCOT) LTD Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
5,370 
Taxes and social security
455 
Accruals
1,580 
Deferred income
2,250 
9,655 
7
Average number of employees
During the year the average number of employees was 3.
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