Registration number: 04605762

Dipstick's Tyres & Exhausts Limited

Contents

Company Information	1
Accountants' Report	2
Profit and Loss Account	3
Balance Sheet	4 to 6
Notes to the Unaudited Financial Statements	5

Dipstick's Tyres & Exhausts Limited

Company Information

Director

Mr J Palmer

Company secretary

Mrs AW Pepler

Registered office

150 to 152 Hermon Hill London E18 1QH

Accountants

JTTF Accountants Ltd 19 Lillian Road London SW13 9JG

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Dipstick's Tyres & Exhausts Limited
for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Dipstick's Tyres & Exhausts Limited for the year ended 31 December 2024 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Dipstick's Tyres & Exhausts Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Dipstick's Tyres & Exhausts Limited and state those matters that we have agreed to state to the Board of Directors of Dipstick's Tyres & Exhausts Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dipstick's Tyres & Exhausts Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Dipstick's Tyres & Exhausts Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Dipstick's Tyres & Exhausts Limited. You consider that Dipstick's Tyres & Exhausts Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Dipstick's Tyres & Exhausts Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

JTTF Accountants Ltd
19 Lillian Road
London
SW13 9JG

17 September 2025

Dipstick's Tyres & Exhausts Limited

Profit and Loss Account for the Year Ended 31 December 2024

	2024 £	2023 £
Turnover	425,265	433,117
Other income	5,325	738
Cost of raw materials and consumables	(212,777)	(216,048)
Staff costs	(115,219)	(85,990)
Depreciation and other amounts written off assets	(4,064)	(24,384)
Other charges	(239,697)	(114,721)
Loss before tax	(141,167)	(7,288)
Tax on loss	-	(1,614)
Loss for the year	(141,167)	(8,902)

Dipstick's Tyres & Exhausts Limited

(Registration number: 04605762)
Balance Sheet as at 31 December 2024

	2024 £	2023 £
Fixed assets	6,570	2,334
Current assets	28,086	179,806
Prepayments and accrued income	-	2,677
Creditors: Amounts falling due within one year	(70,721)	(80,703)
Net current (liabilities)/assets	(42,635)	101,780
Total assets less current liabilities	(36,065)	104,114
Creditors: Amounts falling due after more than one year	(4,167)	(3,179)
	(40,232)	100,935
Capital and reserves	(40,232)	100,935

Dipstick's Tyres & Exhausts Limited

(Registration number: 04605762)
Balance Sheet as at 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
150 to 152 Hermon Hill
London
E18 1QH

These financial statements were authorised for issue by the director on 17 September 2025.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2023 - 5).

3	Related party transactions

Transactions with the director

2024	At 1 January 2024 £	Advances to director £	Repayments by director £	At 31 December 2024 £
Mr J Palmer
Loan repaid within nine months of the year end	18,032	5,215	(18,032)	5,215

2023	At 1 January 2023 £	Advances to director £	Repayments by director £	At 31 December 2023 £
Mr J Palmer
Loan repaid within nine months of the year end	40,614	30,988	(53,570)	18,032

Dipstick's Tyres & Exhausts Limited

(Registration number: 04605762)
Balance Sheet as at 31 December 2024

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and FRS 105 ‘The Financial Reporting Standard Applicable to the Micro-entities Regime.

Approved and authorised by the director on 17 September 2025
 

......................................... Mr J Palmer Director