1 April 2023 false No description of principal activity Taxfiler 2024.5 12491279business:PrivateLimitedCompanyLtd2023-04-012024-03-31 124912792023-03-31 124912792023-04-012024-03-31 12491279business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 12491279business:AbridgedAccounts2023-04-012024-03-31 124912792024-03-31 12491279business:Director12023-04-012024-03-31 12491279business:RegisteredOffice2023-04-012024-03-31 124912792023-03-31 12491279core:WithinOneYear2024-03-31 12491279core:WithinOneYear2023-03-31 12491279core:AfterOneYear2024-03-31 12491279core:AfterOneYear2023-03-31 12491279core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 12491279core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12491279core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 12491279core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12491279core:PreviouslyStatedAmount2024-03-31 12491279core:PreviouslyStatedAmount2023-03-31 12491279business:SmallEntities2023-04-012024-03-31 12491279countries:EnglandWales2023-04-012024-03-31 124912792022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12491279 (England and Wales)
TYRES4U247 LTD Unaudited accounts for the year ended 31 March 2024
TYRES4U247 LTD Unaudited accounts Contents
Page
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TYRES4U247 LTD Company Information for the year ended 31 March 2024
Director
Zahid MAHMOOD
Company Number
12491279 (England and Wales)
Registered Office
UNIT 1 248 BORDESLEY GREEN BIRMINGHAM B9 4SU ENGLAND
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TYRES4U247 LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,493 
33,116 
Current assets
Inventories
80,000 
80,000 
Cash at bank and in hand
104,127 
61,393 
184,127 
141,393 
Creditors: amounts falling due within one year
(10,926)
(13,793)
Net current assets
173,201 
127,600 
Total assets less current liabilities
199,694 
160,716 
Creditors: amounts falling due after more than one year
(202,589)
(163,760)
Net liabilities
(2,895)
(3,044)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,995)
(3,144)
Shareholders' funds
(2,895)
(3,044)
For the year ending 31 March 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 11 September 2024 and were signed on its behalf by
Zahid MAHMOOD Director Company Registration No. 12491279
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TYRES4U247 LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
TYRES4U247 LTD is a private company, limited by shares, registered in England and Wales, registration number 12491279. The registered office is UNIT 1 248 BORDESLEY GREEN, BIRMINGHAM, B9 4SU, 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.
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:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
45,687 
At 31 March 2024
45,687 
Depreciation
At 1 April 2023
12,571 
Charge for the year
6,623 
At 31 March 2024
19,194 
Net book value
At 31 March 2024
26,493 
At 31 March 2023
33,116 
5
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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