VALE TYRE, EXHAUST & SERVICE CENTRE LIMITED

Company Registration Number:
04930434 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

VALE TYRE, EXHAUST & SERVICE CENTRE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

VALE TYRE, EXHAUST & SERVICE CENTRE LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 25,676 30,759
Total fixed assets: 25,676 30,759
Current assets
Stocks: 8,448 3,500
Debtors:   42,223 38,787
Cash at bank and in hand: 92,978 85,130
Total current assets: 143,649 127,417
Creditors: amounts falling due within one year:   (84,243) (66,588)
Net current assets (liabilities): 59,406 60,829
Total assets less current liabilities: 85,082 91,588
Creditors: amounts falling due after more than one year:   (2,667) (6,667)
Total net assets (liabilities): 82,415 84,921
Capital and reserves
Called up share capital: 60 60
Profit and loss account: 82,355 84,861
Shareholders funds: 82,415 84,921

The notes form part of these financial statements

VALE TYRE, EXHAUST & SERVICE CENTRE LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 January 2025
and signed on behalf of the board by:

Name: S A Cole
Status: Director

The notes form part of these financial statements

VALE TYRE, EXHAUST & SERVICE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VALE TYRE, EXHAUST & SERVICE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 7 8

VALE TYRE, EXHAUST & SERVICE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 72,355
Additions 3,525
At 31 October 2024 75,880
Depreciation
At 01 November 2023 41,596
Charge for year 8,608
At 31 October 2024 50,204
Net book value
At 31 October 2024 25,676
At 31 October 2023 30,759