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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
Page
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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
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SEANPONG TYRES LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,068 
31,041 
Current assets
Inventories
100,000 
100,000 
Debtors
52,040 
- 
Cash at bank and in hand
11,697 
76,063 
163,737 
176,063 
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 
Capital and reserves
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
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SEANPONG TYRES LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
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.
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:
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 
Depreciation
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 
Net book value
At 31 January 2025
9,876 
15,192 
25,068 
At 31 January 2024
13,168 
17,873 
31,041 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
52,040 
- 
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SEANPONG TYRES LTD Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
11,884 
11,528 
Taxes and social security
7,920 
7,475 
Accruals
2,491 
1,733 
22,295 
20,736 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
18,929 
27,242 
Obligations under finance leases and hire purchase contracts
234 
2,570 
Loans from directors
23,396 
30,397 
42,559 
60,209 
8
Average number of employees
During the year the average number of employees was 9 (2024: 9).
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