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REGISTERED NUMBER: SC796181 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 22 JANUARY 2024 TO 31 MARCH 2025

FOR

LANARKSHIRE TYRES LIMITED

LANARKSHIRE TYRES LIMITED (REGISTERED NUMBER: SC796181)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 22 JANUARY 2024 TO 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

LANARKSHIRE TYRES LIMITED

COMPANY INFORMATION

FOR THE PERIOD 22 JANUARY 2024 TO 31 MARCH 2025

| DIRECTOR: | D I Bryson

| REGISTERED OFFICE: | 42 Blair Atholl Gardens

| Brambles

| Hamilton

| ML3 9FF

| REGISTERED NUMBER: | SC796181 (Scotland)

| ACCOUNTANT: | John Murphy & Company (Scotland) Limited

| Chartered Accountants

| Castle Chambers

| 67 Main Street

| Bothwell

| Lanarkshire

| G71 8ER

LANARKSHIRE TYRES LIMITED (REGISTERED NUMBER: SC796181)

BALANCE SHEET

31 MARCH 2025

| Notes | £ | £ |

| FIXED ASSETS

| Tangible assets | 4 | 28,309 |  |

| CURRENT ASSETS

| Stocks | 13,990 |  |  |

| Debtors | 5 | 76,812 |  |  |

| Cash at bank and in hand | 8,811 |  |  |

99,613 |  |

| CREDITORS

| Amounts falling due within one year | 6 | 120,088 |  |

| NET CURRENT LIABILITIES | (20,475 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 7,834 |  |

| CREDITORS

| Amounts falling due after more than one year | 7 | 19,097 |  |

| NET LIABILITIES | (11,263 | ) |

| CAPITAL AND RESERVES

| Called up share capital | 1 |  |

| Retained earnings | (11,264 | ) |

| SHAREHOLDERS' FUNDS | (11,263 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2025 and were signed by:

D I Bryson - Director

LANARKSHIRE TYRES LIMITED (REGISTERED NUMBER: SC796181)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 22 JANUARY 2024 TO 31 MARCH 2025

1. | STATUTORY INFORMATION

| Lanarkshire Tyres Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared on a going concern basis, the validity of which depends on future support being available from the company's director. At the date of signing these financial statements, this support has been secured.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Motor vehicles | - | 25% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the period 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

| Deferred tax is recognised in respect of all timing differences that have originated 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 period 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 4 .

LANARKSHIRE TYRES LIMITED (REGISTERED NUMBER: SC796181)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 22 JANUARY 2024 TO 31 MARCH 2025

4. | TANGIBLE FIXED ASSETS

| Motor

| vehicles

£ |

| COST

| Additions | 33,082 |  |

| Disposals | (3,000 | ) |

| At 31 March 2025 | 30,082 |  |

| DEPRECIATION

| Charge for period | 2,523 |  |

| Eliminated on disposal | (750 | ) |

| At 31 March 2025 | 1,773 |  |

| NET BOOK VALUE

| At 31 March 2025 | 28,309 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| Additions | 25,082 |  |

| At 31 March 2025 | 25,082 |  |

| DEPRECIATION

| Charge for period | 523 |  |

| At 31 March 2025 | 523 |  |

| NET BOOK VALUE

| At 31 March 2025 | 24,559 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Trade debtors | 72,740 |  |

| Directors' current accounts | 1,430 |  |

| Deferred tax asset | 2,642 |  |

76,812 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Hire purchase contracts | 3,502 |  |

| Trade creditors | 49,042 |  |

| Payroll taxation | 549 |  |

| Pension fund control | 53 |  |

| VAT | 13,307 |  |

| Debt factor | 50,752 |  |

| Wages control | 1,064 |  |

| Accrued charges | 1,819 |  |

120,088 |  |

LANARKSHIRE TYRES LIMITED (REGISTERED NUMBER: SC796181)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 22 JANUARY 2024 TO 31 MARCH 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

£ |

| Hire purchase contracts | 19,097 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

£ |

| Debt factor | 50,752 |  |

| The amount owing to the debt factor is secured by a floating charge over all the assets of the company.

9. | ULTIMATE CONTROLLING PARTY

| The controlling party is D I Bryson.