Company Registration No. 11396190 (England and Wales)
EU TYRES UK LTD
Unaudited accounts
for the year ended 30 June 2023
EU TYRES UK LTD
Unaudited accounts
Contents
EU TYRES UK LTD
Company Information
for the year ended 30 June 2023
Company Number
11396190 (England and Wales)
Registered Office
32 HICKLING ROAD
ILFORD
IG1 2HY
ENGLAND
EU TYRES UK LTD
Statement of financial position
as at 30 June 2023
Tangible assets
6,958
4,515
Cash at bank and in hand
11,596
15,756
Net current assets
24,561
34,408
Total assets less current liabilities
31,519
38,923
Creditors: amounts falling due after more than one year
(35,259)
(46,378)
Net liabilities
(3,740)
(7,455)
Called up share capital
1
1
Profit and loss account
(3,741)
(7,456)
Shareholders' funds
(3,740)
(7,455)
For the year ending 30 June 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 29 March 2024 and were signed on its behalf by
Faridoon Khan
Director
Company Registration No. 11396190
EU TYRES UK LTD
Notes to the Accounts
for the year ended 30 June 2023
EU TYRES UK LTD is a private company, limited by shares, registered in England and Wales, registration number 11396190. The registered office is 32 HICKLING ROAD, ILFORD, IG1 2HY, ENGLAND.
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 rate of 18% in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
2,500
3,256
960
6,716
At 30 June 2023
2,500
3,256
960
6,716
At 1 July 2022
819
1,067
315
2,201
Charge for the year
303
394
116
813
Surplus on revaluation
(3,256)
-
-
(3,256)
At 30 June 2023
(2,134)
1,461
431
(242)
At 30 June 2023
4,634
1,795
529
6,958
At 30 June 2022
1,681
2,189
645
4,515
Amounts falling due within one year
Other debtors
12,965
9,993
EU TYRES UK LTD
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).