Company Registration No. 08278493 (England and Wales)
Beccles Tyre Centre Limited
Unaudited accounts
for the year ended 30 November 2023
Beccles Tyre Centre Limited
Unaudited accounts
Contents
Beccles Tyre Centre Limited
Company Information
for the year ended 30 November 2023
Company Number
08278493 (England and Wales)
Registered Office
Unit 9 Tillia Court
Worlingham
Beccles
Suffolk
NR34 7BF
Accountants
Keith T Hall Book Keeping Services
1st Floor, 38 Alexandra Rd
Lowestoft
Suffolk
NR32 1PJ
Beccles Tyre Centre Limited
Statement of financial position
as at 30 November 2023
Tangible assets
9,933
13,177
Cash at bank and in hand
250,953
206,162
Creditors: amounts falling due within one year
(105,104)
(130,983)
Net current assets
202,254
150,218
Total assets less current liabilities
212,187
163,395
Provisions for liabilities
Deferred tax
(2,160)
(2,204)
Net assets
210,027
161,191
Called up share capital
100
100
Profit and loss account
209,927
161,091
Shareholders' funds
210,027
161,191
For the year ending 30 November 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 15 April 2024 and were signed on its behalf by
Aarron Ford
Director
Company Registration No. 08278493
Beccles Tyre Centre Limited
Notes to the Accounts
for the year ended 30 November 2023
Beccles Tyre Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 08278493. The registered office is Unit 9 Tillia Court, Worlingham, Beccles, Suffolk, NR34 7BF.
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.
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.
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:
Beccles Tyre Centre Limited
Notes to the Accounts
for the year ended 30 November 2023
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
13,053
15,123
5,451
7,185
40,812
At 30 November 2023
13,118
15,123
5,451
7,185
40,877
At 1 December 2022
8,630
8,538
5,079
5,388
27,635
Charge for the year
1,121
1,646
93
449
3,309
At 30 November 2023
9,751
10,184
5,172
5,837
30,944
At 30 November 2023
3,367
4,939
279
1,348
9,933
At 30 November 2022
4,423
6,585
372
1,797
13,177
Finished goods
21,942
27,833
Amounts falling due within one year
Trade debtors
33,310
45,996
Accrued income and prepayments
1,153
1,210
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
62,761
75,220
Taxes and social security
27,552
21,952
Loans from directors
121
22,650
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 3 (2022: 4).