KEN MCCORKELL TYRE SERVICE LTD

Company Registration Number:
NI614020 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

KEN MCCORKELL TYRE SERVICE LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

KEN MCCORKELL TYRE SERVICE LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 87,007 38,077
Investments:   0 0
Total fixed assets: 87,007 38,077
Current assets
Stocks: 82,262 76,112
Debtors: 4 5,201 2,793
Cash at bank and in hand: 97,417 74,199
Investments:   0 0
Total current assets: 184,880 153,104
Creditors: amounts falling due within one year:   (152,551) (85,687)
Net current assets (liabilities): 32,329 67,417
Total assets less current liabilities: 119,336 105,494
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 119,336 105,494
Capital and reserves
Called up share capital: 10 10
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 119,326 105,484
Shareholders funds: 119,336 105,494

The notes form part of these financial statements

KEN MCCORKELL TYRE SERVICE LTD

Balance sheet statements

For the year ending 31 August 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 March 2025
and signed on behalf of the board by:

Name: Ken McCorkell
Status: Director

The notes form part of these financial statements

KEN MCCORKELL TYRE SERVICE LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

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

KEN MCCORKELL TYRE SERVICE LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 9 13

KEN MCCORKELL TYRE SERVICE LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 116,470
Additions 64,980
Disposals 0
Revaluations 0
Transfers 0
At 31 August 2024 181,450
Depreciation
At 01 September 2023 78,393
Charge for year 16,050
On disposals 0
Other adjustments 0
At 31 August 2024 94,443
Net book value
At 31 August 2024 87,007
At 31 August 2023 38,077

KEN MCCORKELL TYRE SERVICE LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0