The Tyre Group Holdings Limited 12952186 true 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true A W Brookes C D Freeman C M Freeman J C Freeman T J Lewis A P Mowbray A M Stenning true false 12952186 2022-12-01 2023-11-30 12952186 2023-11-30 12952186 bus:OrdinaryShareClass1 2023-11-30 12952186 core:ShareCapital 2023-11-30 12952186 bus:FRS102 2022-12-01 2023-11-30 12952186 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12952186 bus:FullAccounts 2022-12-01 2023-11-30 12952186 bus:RegisteredOffice 2022-12-01 2023-11-30 12952186 bus:Director1 2022-12-01 2023-11-30 12952186 bus:Director3 2022-12-01 2023-11-30 12952186 bus:Director4 2022-12-01 2023-11-30 12952186 bus:Director5 2022-12-01 2023-11-30 12952186 bus:Director6 2022-12-01 2023-11-30 12952186 bus:Director7 2022-12-01 2023-11-30 12952186 bus:Director9 2022-12-01 2023-11-30 12952186 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 12952186 bus:EntityHasNeverTraded 2022-12-01 2023-11-30 12952186 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12952186 1 2022-12-01 2023-11-30 12952186 1 2022-12-01 2023-11-30 12952186 countries:EnglandWales 2022-12-01 2023-11-30 12952186 2021-12-01 2022-11-30 12952186 2022-11-30 12952186 bus:OrdinaryShareClass1 2022-11-30 12952186 core:ShareCapital 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12952186

The Tyre Group Holdings Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

Profit and Loss Account for the Year Ended 30 November 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

(Registration number: 12952186)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

-

-

Net assets/(liabilities)

 

-

-

Capital and reserves

 

Called up share capital

5

-

-

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 29 August 2024 and signed on its behalf by:
 


C D Freeman
Director

 

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Malvern House
Priory Road
Gloucester
GL1 2RQ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Name of parent of group

These financial statements are consolidated in the financial statements of Malvern Tyres Holdings Limited.

The financial statements of Malvern Tyres Holdings Limited may be obtained from Companies House.

Group accounts not prepared

The company has taken advantage of the exemption in section 398 of the Companies Act 2006 from the requirement to prepare consolidated financial statements, on the grounds that it is a small group..

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Judgements and estimation uncertainty

These financial statements do not contain any significant judgements or estimation uncertainty.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was as follows:

 

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

A Ordinary shares of £0.01 each

1

0.01

1

0.01

         

6

Parent and ultimate parent undertaking

The company's immediate parent is Malvern Tyres Holdings Limited, incorporated in England and Wales.

 The ultimate controlling party is C M Freeman.

7

Non adjusting events after the financial period

On 11 January 2024, Malvern Tyres Holdings Limited exchanged its 100% holding in the ordinary shares of Malvern Tyres (Wholesale) Limited, The County Tyres Holdings Limited and King David Tyres Limited for a 100% holding in the ordinary shares of The Tyre Group Holdings Limited (a previously dormant company). Malvern Tyres Holdings Limited then disposed of 28.5% of its shareholding in The Tyre Group Holdings to key management personnel.

On 15 August 2024 The Tyre Group Holdings acquired 100% of the share capital of The Tyre Store Limited for £9,013,473.