Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08575576 Mr Peter Robert Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08575576 2024-03-31 08575576 2025-03-31 08575576 2024-04-01 2025-03-31 08575576 frs-core:CurrentFinancialInstruments 2025-03-31 08575576 frs-core:PlantMachinery 2025-03-31 08575576 frs-core:PlantMachinery 2024-04-01 2025-03-31 08575576 frs-core:PlantMachinery 2024-03-31 08575576 frs-core:ShareCapital 2025-03-31 08575576 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08575576 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08575576 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08575576 frs-bus:SmallEntities 2024-04-01 2025-03-31 08575576 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08575576 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08575576 frs-bus:Director1 2024-04-01 2025-03-31 08575576 frs-countries:EnglandWales 2024-04-01 2025-03-31 08575576 2023-03-31 08575576 2024-03-31 08575576 2023-04-01 2024-03-31 08575576 frs-core:CurrentFinancialInstruments 2024-03-31 08575576 frs-core:ShareCapital 2024-03-31 08575576 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08575576
PETE'S TYRES LTD
Unaudited Financial Statements
For The Year Ended 31 March 2025
Abacus Business Services Ltd
Chartered Certified Accountants
45 Highmeadow
Radcliffe
Manchester
Lancashire
M26 1YN
PETE'S TYRES LTD
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
PETE'S TYRES LTD
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 08575576

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 3,727 |  | 3,727
|  |  | 3,727 |  | 3,727
CURRENT ASSETS
Debtors | 5 | 70,928 |  | 71,038 |
Cash at bank and in hand |  | - |  | 840 |
|  | 70,928 |  | 71,878 |
Creditors: Amounts Falling Due Within One Year | 6 | (84,632 ) |  | (84,940 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (13,704 ) |  | (13,062 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (9,977 ) |  | (9,335 )
NET LIABILITIES |  |  | (9,977 ) |  | (9,335 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1 |  | 1
Profit and Loss Account |  |  | (9,978 ) |  | (9,336 )
SHAREHOLDERS' FUNDS |  |  | (9,977) |  | (9,335)

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Peter Robert Scott Director
22/08/2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
PETE'S TYRES LTD
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
PETE'S TYRES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08575576 . The registered office is 25 Grosey Mount Brow, Off Upper Brook Street, Stockport, Cheshire, SK1 3BT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 25% Reducing balance

3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 2)
1 2
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 April 2024 | 19,138
As at 31 March 2025 | 19,138
Depreciation
As at 1 April 2024 | 15,411
As at 31 March 2025 | 15,411
Net Book Value
As at 31 March 2025 | 3,727
As at 1 April 2024 | 3,727

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by associates | 70,928 |  | 71,038

Page 2
Page 3
PETE'S TYRES LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 22 |  | -
Corporation tax | - |  | (71 )
Director's loan account | 84,610 |  | 85,011
| 84,632 |  | 84,940

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

Page 3