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REGISTERED NUMBER: 03350407 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PERSHORE TYRE SERVICES LIMITED

PERSHORE TYRE SERVICES LIMITED (REGISTERED NUMBER: 03350407)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PERSHORE TYRE SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: Mr S Parsons
Mrs A J Parsons





REGISTERED OFFICE: Unit 1
Lyttleton Road
Pershore
Worcestershire
WR10 1DL





REGISTERED NUMBER: 03350407 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

PERSHORE TYRE SERVICES LIMITED (REGISTERED NUMBER: 03350407)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 73,232 69,847

CURRENT ASSETS
Stocks 51,936 45,055
Debtors 5 65,950 59,175
Cash at bank 78,256 84,675
196,142 188,905
CREDITORS
Amounts falling due within one year 6 (194,700 ) (205,352 )
NET CURRENT ASSETS/(LIABILITIES) 1,442 (16,447 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,674

53,400

CREDITORS
Amounts falling due after more than one
year

7

(4,167

)

(14,167

)

PROVISIONS FOR LIABILITIES (3,150 ) (3,150 )
NET ASSETS 67,357 36,083

CAPITAL AND RESERVES
Called up share capital 25 25
Capital redemption reserve 25 25
Retained earnings 67,307 36,033
67,357 36,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PERSHORE TYRE SERVICES LIMITED (REGISTERED NUMBER: 03350407)

BALANCE SHEET - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2025 and were signed on its behalf by:





Mr S Parsons - Director


PERSHORE TYRE SERVICES LIMITED (REGISTERED NUMBER: 03350407)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Pershore Tyre Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Straight line over 50 years
Plant and machinery etc - 20% on reducing balance and Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 10 ) .

PERSHORE TYRE SERVICES LIMITED (REGISTERED NUMBER: 03350407)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 67,315 147,851 215,166
Additions - 23,824 23,824
Disposals - (38,589 ) (38,589 )
At 31 March 2025 67,315 133,086 200,401
DEPRECIATION
At 1 April 2024 31,915 113,404 145,319
Charge for year 1,377 13,470 14,847
Eliminated on disposal - (32,997 ) (32,997 )
At 31 March 2025 33,292 93,877 127,169
NET BOOK VALUE
At 31 March 2025 34,023 39,209 73,232
At 31 March 2024 35,400 34,447 69,847

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 63,652 57,325
Other debtors 2,298 1,850
65,950 59,175

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 67,262 79,927
Taxation and social security 55,409 59,275
Other creditors 62,029 56,150
194,700 205,352

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 4,167 14,167