Company Registration No. 09838314 (England and Wales)
Treadmark Tyres (whitstable) Limited
Unaudited accounts
for the year ended 31 October 2024
Treadmark Tyres (whitstable) Limited
Unaudited accounts
Contents
Treadmark Tyres (whitstable) Limited
Company Information
for the year ended 31 October 2024
Directors
Mr Tony J Read
Mrs Susan J Read
Company Number
09838314 (England and Wales)
Registered Office
240 Reculver Road
Herne Bay
CT6 6QR
England
Accountants
Step Stone Accountancy Limited
240 Reculver Road
Herne Bay
Kent
CT6 6QR
Treadmark Tyres (whitstable) Limited
Statement of financial position
as at 31 October 2024
Intangible assets
5,000
10,000
Tangible assets
25,669
19,861
Cash at bank and in hand
34,832
259,843
Creditors: amounts falling due within one year
(159,347)
(201,758)
Net current assets
97,014
102,594
Total assets less current liabilities
127,683
132,455
Creditors: amounts falling due after more than one year
-
(26,575)
Provisions for liabilities
Deferred tax
(2,368)
(2,368)
Net assets
125,315
103,512
Called up share capital
100
100
Profit and loss account
125,215
103,412
Shareholders' funds
125,315
103,512
For the year ending 31 October 2024 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 2 July 2025 and were signed on its behalf by
Mr Tony J Read
Director
Company Registration No. 09838314
Treadmark Tyres (whitstable) Limited
Notes to the Accounts
for the year ended 31 October 2024
Treadmark Tyres (whitstable) Limited is a private company, limited by shares, registered in England and Wales, registration number 09838314. The registered office is 240 Reculver Road, Herne Bay, CT6 6QR, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill, being the amount paid in connection with the acquisition of a business in 2015 is being amortised over its estimated useful life of 10 years
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:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
25% on reducing balance
Treadmark Tyres (whitstable) Limited
Notes to the Accounts
for the year ended 31 October 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
31,857
11,750
3,880
274
47,761
Additions
-
12,895
-
-
12,895
Disposals
-
(1,250)
-
-
(1,250)
At 31 October 2024
31,857
23,395
3,880
274
59,406
At 1 November 2023
19,396
6,854
1,491
159
27,900
Charge for the year
1,869
4,316
358
17
6,560
On disposals
-
(723)
-
-
(723)
At 31 October 2024
21,265
10,447
1,849
176
33,737
At 31 October 2024
10,592
12,948
2,031
98
25,669
At 31 October 2023
12,461
4,896
2,389
115
19,861
Amounts falling due within one year
Trade debtors
29,060
24,911
Treadmark Tyres (whitstable) Limited
Notes to the Accounts
for the year ended 31 October 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
39,151
96,937
Taxes and social security
9,354
6,400
Other creditors
65,863
27,476
Loans from directors
600
-
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 6 (2023: 6).