1 01/08/2023 31/07/2024 2024-07-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-08-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 10262157 2023-08-01 2024-07-31 10262157 2024-07-31 10262157 2023-07-31 10262157 2022-08-01 2023-07-31 10262157 2023-07-31 10262157 2022-07-31 10262157 bus:Director1 2023-08-01 2024-07-31 10262157 core:WithinOneYear 2024-07-31 10262157 core:WithinOneYear 2023-07-31 10262157 core:ShareCapital 2024-07-31 10262157 core:ShareCapital 2023-07-31 10262157 core:RetainedEarningsAccumulatedLosses 2024-07-31 10262157 core:RetainedEarningsAccumulatedLosses 2023-07-31 10262157 bus:SmallEntities 2023-08-01 2024-07-31 10262157 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 10262157 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10262157 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10262157 bus:FullAccounts 2023-08-01 2024-07-31
Company registration number: 10262157
Liverpool Tyre World Ltd
Unaudited filleted financial statements
31 July 2024
Liverpool Tyre World Ltd
Statement of financial position
31 July 2024
2024 2023
Note £ £ £ £
Current assets
Stocks 82 250
Debtors 5 330 913
Cash at bank and in hand 45 280
_______ _______
457 1,443
Creditors: amounts falling due
within one year 6 ( 4,042) ( 3,178)
_______ _______
Net current liabilities ( 3,585) ( 1,735)
_______ _______
Total assets less current liabilities ( 3,585) ( 1,735)
_______ _______
Net liabilities ( 3,585) ( 1,735)
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account ( 3,586) ( 1,736)
_______ _______
Shareholder deficit ( 3,585) ( 1,735)
_______ _______
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 19 March 2025 , and are signed on behalf of the board by:
Mr Liam Sweeney
Director
Company registration number: 10262157
Liverpool Tyre World Ltd
Notes to the financial statements
Year ended 31 July 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 2 Ambleside Drive, Kirkby, Liverpool, L33 2EF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS102, Section 1A, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The accounts are prepared under the historical cost convention .
Turnover
The turnover represents the net sales to customers.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Debtors
2024 2023
£ £
Trade debtors 330 913
_______ _______
6. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors 4,042 3,178
_______ _______