TYREOO LIMITED

Company Registration Number:
11450007 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

TYREOO LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

TYREOO LIMITED

Company Information

for the Period Ended 31 July 2024




Director: AZHAR IQBAL
Registered office: Unit 12
Primet Business Centre
Burnley Road
Colne
Lancashire
England
BB8 8DQ
Company Registration Number: 11450007 (England and Wales)

TYREOO LIMITED

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 62,301 37,067
Total fixed assets: 62,301 37,067
Current assets
Stocks: 126,285 125,318
Debtors: 5 22,213 20,188
Cash at bank and in hand: 5,803 19,436
Total current assets: 154,301 164,942
Creditors: amounts falling due within one year: 6 ( 311,301 ) ( 288,074 )
Net current assets (liabilities): ( 157,000 ) ( 123,132 )
Total assets less current liabilities: ( 94,699 ) ( 86,065 )
Total net assets (liabilities): ( 94,699 ) ( 86,065 )

The notes form part of these financial statements

TYREOO LIMITED

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 94,701 ) ( 86,067 )
Shareholders funds: ( 94,699 ) ( 86,065 )

For the year ending 31 July 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.

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

This report was approved by the board of directors on 4 February 2025
And Signed On Behalf Of The Board By:

Name: AZHAR IQBAL
Status: Director

The notes form part of these financial statements

TYREOO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents net invoiced provision of goods and services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever the shorter.

    Plant & machinery - 25% on reducing balance

    A full years charge is made in the year of addition, but no charge is made in the year of disposal.

TYREOO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 5 4

TYREOO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

TYREOO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 August 2023 53,496 53,496
Additions 46,000 46,000
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 99,496 99,496
Depreciation
At 01 August 2023 16,429 16,429
Charge for year 20,766 20,766
On disposals - -
Other adjustments - -
At 31 July 2024 37,195 37,195
Net book value
At 31 July 2024 62,301 62,301
At 31 July 2023 37,067 37,067

TYREOO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors


2024
£

2023
£
Other debtors 22,213 20,188
Total 22,213 20,188

TYREOO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 17,166 27,801
Accruals and deferred income 1,824 1,482
Other creditors 292,311 258,791
Total 311,301 288,074