Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 01526402 Mr David Burrows Mrs Joan Burrows Mrs Joan Burrows iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01526402 2022-12-31 01526402 2023-12-31 01526402 2023-01-01 2023-12-31 01526402 frs-core:CurrentFinancialInstruments 2023-12-31 01526402 frs-core:Non-currentFinancialInstruments 2023-12-31 01526402 frs-core:ComputerEquipment 2023-01-01 2023-12-31 01526402 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 01526402 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01526402 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 01526402 frs-core:MotorVehicles 2023-12-31 01526402 frs-core:MotorVehicles 2023-01-01 2023-12-31 01526402 frs-core:MotorVehicles 2022-12-31 01526402 frs-core:PlantMachinery 2023-12-31 01526402 frs-core:PlantMachinery 2023-01-01 2023-12-31 01526402 frs-core:PlantMachinery 2022-12-31 01526402 frs-core:WithinOneYear 2023-12-31 01526402 frs-core:ShareCapital 2023-12-31 01526402 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 01526402 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01526402 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 01526402 frs-bus:SmallEntities 2023-01-01 2023-12-31 01526402 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01526402 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 01526402 frs-bus:Director1 2023-01-01 2023-12-31 01526402 frs-bus:Director2 2023-01-01 2023-12-31 01526402 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 01526402 frs-countries:EnglandWales 2023-01-01 2023-12-31 01526402 2021-12-31 01526402 2022-12-31 01526402 2022-01-01 2022-12-31 01526402 frs-core:CurrentFinancialInstruments 2022-12-31 01526402 frs-core:Non-currentFinancialInstruments 2022-12-31 01526402 frs-core:BetweenOneFiveYears 2022-12-31 01526402 frs-core:WithinOneYear 2022-12-31 01526402 frs-core:ShareCapital 2022-12-31 01526402 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 01526402
D & D Tyres Limited
Financial Statements
For The Year Ended 31 December 2023
H H Accountants Limited
Chartered Certified Accountants
Maple House Business Centre
23 Watergate Row
Chester
Cheshire
CH1 2LE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01526402
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 226,899 244,598
226,899 244,598
CURRENT ASSETS
Stocks 5 40,782 41,475
Debtors 6 49,543 46,095
Cash at bank and in hand 167,668 189,247
257,993 276,817
Creditors: Amounts Falling Due Within One Year 7 (345,809 ) (302,949 )
NET CURRENT ASSETS (LIABILITIES) (87,816 ) (26,132 )
TOTAL ASSETS LESS CURRENT LIABILITIES 139,083 218,466
Creditors: Amounts Falling Due After More Than One Year 8 - (2,222 )
NET ASSETS 139,083 216,244
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account 138,083 215,244
SHAREHOLDERS' FUNDS 139,083 216,244
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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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Burrows
Director
25th September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
D & D Tyres Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01526402 . The registered office is Beam Heath Way, Middlewich Road, Nantwich, Cheshire, CW5 6PQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the invoiced value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the provision of garage services, sale of tyres and other vehicle components .

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% to 10% straight line
Plant & Machinery 10% to 20% straight line
Motor Vehicles 25% straight line
Computer Equipment 33.33% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in another year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 23 (2022: 22)
23 22
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 January 2023 254,361 100,441 156,443 511,245
Additions - 3,330 - 3,330
As at 31 December 2023 254,361 103,771 156,443 514,575
Depreciation
As at 1 January 2023 57,160 74,044 135,443 266,647
Provided during the period 2,124 8,405 - 10,529
Disposals - - 10,500 10,500
As at 31 December 2023 59,284 82,449 145,943 287,676
Net Book Value
As at 31 December 2023 195,077 21,322 10,500 226,899
As at 1 January 2023 197,201 26,397 21,000 244,598
5. Stocks
2023 2022
£ £
Materials 40,782 41,475
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6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 45,156 36,476
Other debtors 4,387 9,619
49,543 46,095
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 2,222 5,333
Trade creditors 257,616 209,348
Corporation tax 536 2,223
Other taxes and social security 60,570 62,775
Other creditors 24,865 23,270
345,809 302,949
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 2,222
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,222 5,333
Later than one year and not later than five years - 2,222
2,222 7,555
2,222 7,555
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
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