Company Registration No. 14438566 (England and Wales)
Xtreme Tyres & Autocare (Rustington) Limited
Unaudited accounts
for the year ended 31 October 2024
Xtreme Tyres & Autocare (Rustington) Limited
Unaudited accounts
Contents
Xtreme Tyres & Autocare (Rustington) Limited
Company Information
for the year ended 31 October 2024
Director
Bruno Jose Da Mota Tavares Da Silva
Company Number
14438566 (England and Wales)
Registered Office
132 Clun Road
Wick
Littlehampton
West Sussex
BN17 7ER
England
Accountants
Alison Austin FCA BFP
Home Farm House
St. Leonard's Forest
Horsham
West Sussex
RH13 6PH
Xtreme Tyres & Autocare (Rustington) Limited
Statement of financial position
as at 31 October 2024
Intangible assets
36,800
41,400
Tangible assets
45,488
47,928
Cash at bank and in hand
8,848
8,772
Creditors: amounts falling due within one year
(87,441)
(67,916)
Net current liabilities
(46,068)
(26,541)
Total assets less current liabilities
36,220
62,787
Creditors: amounts falling due after more than one year
(144,290)
(107,145)
Net liabilities
(108,070)
(44,358)
Called up share capital
100
100
Profit and loss account
(108,170)
(44,458)
Shareholders' funds
(108,070)
(44,358)
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 director acknowledges his 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 and authorised for issue on 20 July 2025 and were signed on its behalf by
Bruno Jose Da Mota Tavares Da Silva
Director
Company Registration No. 14438566
Xtreme Tyres & Autocare (Rustington) Limited
Notes to the Accounts
for the year ended 31 October 2024
Xtreme Tyres & Autocare (Rustington) Limited is a private company, limited by shares, registered in England and Wales, registration number 14438566. The registered office is 132 Clun Road, Wick, Littlehampton, West Sussex, BN17 7ER, 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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is spread over 10 years.
4
Intangible fixed assets
Goodwill
Xtreme Tyres & Autocare (Rustington) Limited
Notes to the Accounts
for the year ended 31 October 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 November 2023
33,000
17,060
50,060
At 31 October 2024
33,000
17,060
50,060
At 1 November 2023
-
2,132
2,132
Charge for the year
-
2,440
2,440
At 31 October 2024
-
4,572
4,572
At 31 October 2024
33,000
12,488
45,488
At 31 October 2023
33,000
14,928
47,928
Amounts falling due within one year
Trade debtors
9,525
14,603
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
17,221
22,267
Taxes and social security
1,915
6,704
Other creditors
39,390
33,616
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
31,000
43,000
Loans from directors
113,290
64,145
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Average number of employees
During the year the average number of employees was 7 (2023: 8).