Company Registration No. 08875915 (England and Wales)
SEANPONG TYRES LTD
Unaudited accounts
for the year ended 31 January 2025
SEANPONG TYRES LTD
Unaudited accounts
Contents
SEANPONG TYRES LTD
Company Information
for the year ended 31 January 2025
Directors
Mr.Sean Frimpong
Company Number
08875915 (England and Wales)
Registered Office
4 RAILWAY STREET
HUDDERSFIELD
HD1 1JP
ENGLAND
Accountants
West Yorkshire Accountancy Services
4 Railway Street
Huddersfield
West Yorkshire
HD1 1JP
SEANPONG TYRES LTD
Statement of financial position
as at 31 January 2025
Tangible assets
25,068
31,041
Inventories
100,000
100,000
Cash at bank and in hand
11,697
76,063
Creditors: amounts falling due within one year
(22,295)
(20,736)
Net current assets
141,442
155,327
Total assets less current liabilities
166,510
186,368
Creditors: amounts falling due after more than one year
(42,559)
(60,209)
Net assets
123,951
126,159
Called up share capital
100
100
Profit and loss account
123,851
126,059
Shareholders' funds
123,951
126,159
For the year ending 31 January 2025 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 14 April 2025 and were signed on its behalf by
Mr.Sean Frimpong
Director
Company Registration No. 08875915
SEANPONG TYRES LTD
Notes to the Accounts
for the year ended 31 January 2025
SEANPONG TYRES LTD is a private company, limited by shares, registered in England and Wales, registration number 08875915. The registered office is 4 RAILWAY STREET, HUDDERSFIELD, HD1 1JP, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% reducing balance basis
Fixtures & fittings
15% reducing balance basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2024
63,709
37,591
101,300
At 31 January 2025
63,709
37,591
101,300
At 1 February 2024
50,541
19,718
70,259
Charge for the year
3,292
2,681
5,973
At 31 January 2025
53,833
22,399
76,232
At 31 January 2025
9,876
15,192
25,068
At 31 January 2024
13,168
17,873
31,041
Amounts falling due after more than one year
SEANPONG TYRES LTD
Notes to the Accounts
for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
7,920
7,475
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
234
2,570
Loans from directors
23,396
30,397
8
Average number of employees
During the year the average number of employees was 9 (2024: 9).