Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10086794 Mr Kenny Platt Mr Michael Bolton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10086794 2023-12-31 10086794 2024-12-31 10086794 2024-01-01 2024-12-31 10086794 frs-core:CurrentFinancialInstruments 2024-12-31 10086794 frs-core:BetweenOneFiveYears 2024-12-31 10086794 frs-core:FurnitureFittings 2024-12-31 10086794 frs-core:FurnitureFittings 2024-01-01 2024-12-31 10086794 frs-core:FurnitureFittings 2023-12-31 10086794 frs-core:MoreThanFiveYears 2024-12-31 10086794 frs-core:MotorVehicles 2024-12-31 10086794 frs-core:MotorVehicles 2024-01-01 2024-12-31 10086794 frs-core:MotorVehicles 2023-12-31 10086794 frs-core:PlantMachinery 2024-12-31 10086794 frs-core:PlantMachinery 2024-01-01 2024-12-31 10086794 frs-core:PlantMachinery 2023-12-31 10086794 frs-core:WithinOneYear 2024-12-31 10086794 frs-core:ShareCapital 2024-12-31 10086794 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10086794 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10086794 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10086794 frs-bus:SmallEntities 2024-01-01 2024-12-31 10086794 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10086794 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10086794 frs-bus:Director1 2024-01-01 2024-12-31 10086794 frs-bus:Director2 2024-01-01 2024-12-31 10086794 frs-countries:EnglandWales 2024-01-01 2024-12-31 10086794 2022-12-31 10086794 2023-12-31 10086794 2023-01-01 2023-12-31 10086794 frs-core:CurrentFinancialInstruments 2023-12-31 10086794 frs-core:BetweenOneFiveYears 2023-12-31 10086794 frs-core:MoreThanFiveYears 2023-12-31 10086794 frs-core:WithinOneYear 2023-12-31 10086794 frs-core:ShareCapital 2023-12-31 10086794 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10086794
Overlander Tyres Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
JMC Accountants & Tax Advisers Ltd
76 High Street
Brierley Hill
DY5 3AW
Overlander Tyres Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Overlander Tyres Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 10086794

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 32,755 |  | 36,731
|  |  | 32,755 |  | 36,731
CURRENT ASSETS
Stocks | 5 | 2,589,632 |  | 2,342,662 |
Debtors | 6 | 1,495,353 |  | 1,415,679 |
Cash at bank and in hand |  | 12 |  | 13,571 |
|  | 4,084,997 |  | 3,771,912 |
Creditors: Amounts Falling Due Within One Year | 7 | (2,986,364 ) |  | (2,559,397 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,098,633 |  | 1,212,515
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,131,388 |  | 1,249,246
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (5,452 ) |  | (6,158 )
NET ASSETS |  |  | 1,125,936 |  | 1,243,088
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | 1,125,836 |  | 1,242,988
SHAREHOLDERS' FUNDS |  |  | 1,125,936 |  | 1,243,088

Page 1
Page 2
Overlander Tyres Limited
Balance Sheet (continued)
As At 31 December 2024
For the year ending 31 December 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.
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 Michael Bolton Director
15th September 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Overlander Tyres Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Overlander Tyres Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10086794 . The registered office is 76 High Street, Brierley Hill, West Midlands, DY5 3AW.
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, excluding discounts, rebates valued added tax and other
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 | 15% reducing balance
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 15% reduncing balance

2.4. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit and loss on a straight line basis over the period of the lease.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.6. 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 is recognised in respect of all timing differences that have orginated 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 8)
9 8
Page 3
Page 4
Overlander Tyres Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 January 2024 | 21,710 | 24,490 | 20,995 | 67,195
Additions | - | - | 2,680 | 2,680
As at 31 December 2024 | 21,710 | 24,490 | 23,675 | 69,875
Depreciation
As at 1 January 2024 | 5,806 | 17,041 | 7,617 | 30,464
Provided during the period | 2,384 | 1,862 | 2,410 | 6,656
As at 31 December 2024 | 8,190 | 18,903 | 10,027 | 37,120
Net Book Value
As at 31 December 2024 | 13,520 | 5,587 | 13,648 | 32,755
As at 1 January 2024 | 15,904 | 7,449 | 13,378 | 36,731

5. Stocks

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Stock | 2,589,632 |  | 2,342,662

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,403,210 |  | 1,360,314
Amounts owed by group undertakings | 85,170 |  | 48,693
Other debtors | 6,973 |  | 6,672
| 1,495,353 |  | 1,415,679

7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 679,793 |  | 291,180
Bank loans and overdrafts | 2,190,057 |  | 2,081,715
Other creditors | 5,123 |  | 36,049
Taxation and social security | 111,391 |  | 150,453
| 2,986,364 |  | 2,559,397

8. Secured Creditors
Of the creditors the following amounts are secured.

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 2,190,057 |  | 2,081,715

Page 4
Page 5
Overlander Tyres Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Not later than one year | 126,000 |  | 126,000
Later than one year and not later than five years | 504,000 |  | 504,000
Later than five years | 346,500 |  | 472,500
| 976,500 |  | 1,102,500

Page 5