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Company Registration No. 07309086 (England and Wales)
P B Tyres (Golborne) Limited Unaudited accounts for the year ended 31 January 2024
P B Tyres (Golborne) Limited Unaudited accounts Contents
Page
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P B Tyres (Golborne) Limited Company Information for the year ended 31 January 2024
Directors
Paul Baker Sam Baker
Company Number
07309086 (England and Wales)
Registered Office
99-101 Corporation Street St. Helens WA10 1SX England
Accountants
MJ Houlihan & Co Accountants 99-101 Corporation Street St Helens WA10 1SX
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P B Tyres (Golborne) Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,798 
25,838 
Current assets
Inventories
25,771 
20,889 
Debtors
62,020 
62,511 
Cash at bank and in hand
88,466 
109,046 
176,257 
192,446 
Creditors: amounts falling due within one year
(185,914)
(174,151)
Net current (liabilities)/assets
(9,657)
18,295 
Net assets
16,141 
44,133 
Capital and reserves
Called up share capital
100 
1 
Profit and loss account
16,041 
44,132 
Shareholders' funds
16,141 
44,133 
For the year ending 31 January 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 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 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 of Directors and authorised for issue on 13 November 2024 and were signed on its behalf by
Paul Baker Director Company Registration No. 07309086
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P B Tyres (Golborne) Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
P B Tyres (Golborne) Limited is a private company, limited by shares, registered in England and Wales, registration number 07309086. The registered office is 99-101 Corporation Street, St. Helens, WA10 1SX, 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:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
- 
42,883 
50,006 
92,889 
Additions
5,961 
- 
- 
5,961 
At 31 January 2024
5,961 
42,883 
50,006 
98,850 
Depreciation
At 1 February 2023
- 
36,194 
30,857 
67,051 
Charge for the year
1,192 
1,338 
3,471 
6,001 
At 31 January 2024
1,192 
37,532 
34,328 
73,052 
Net book value
At 31 January 2024
4,769 
5,351 
15,678 
25,798 
At 31 January 2023
- 
6,689 
19,149 
25,838 
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P B Tyres (Golborne) Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
61,533 
52,687 
Other debtors
487 
9,824 
62,020 
62,511 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,079 
10,502 
VAT
14,792 
8,478 
Trade creditors
128,263 
140,935 
Taxes and social security
17,170 
5,168 
Proposed dividends
14,164 
- 
Other creditors
946 
9,068 
Accruals
2,500 
- 
185,914 
174,151 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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