BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The company carries on the business of an investment holding company. 28 May 2025 1 1 NI638001 2025-03-31 NI638001 2024-03-31 NI638001 2023-03-31 NI638001 2024-04-01 2025-03-31 NI638001 2023-04-01 2024-03-31 NI638001 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI638001 uk-curr:PoundSterling 2024-04-01 2025-03-31 NI638001 uk-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI638001 uk-bus:FullAccounts 2024-04-01 2025-03-31 NI638001 uk-bus:Director1 2024-04-01 2025-03-31 NI638001 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 NI638001 uk-bus:Agent1 2024-04-01 2025-03-31 NI638001 uk-core:ShareCapital 2025-03-31 NI638001 uk-core:ShareCapital 2024-03-31 NI638001 uk-core:SharePremium 2025-03-31 NI638001 uk-core:SharePremium 2024-03-31 NI638001 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI638001 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI638001 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 NI638001 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 NI638001 uk-bus:FRS102 2024-04-01 2025-03-31 NI638001 uk-core:CostValuation 2025-03-31 NI638001 uk-core:Subsidiary1 2024-04-01 2025-03-31 NI638001 uk-core:CurrentFinancialInstruments 2025-03-31 NI638001 uk-core:CurrentFinancialInstruments 2024-03-31 NI638001 uk-core:CurrentFinancialInstruments 2025-03-31 NI638001 uk-core:CurrentFinancialInstruments 2024-03-31 NI638001 uk-core:WithinOneYear 2025-03-31 NI638001 uk-core:WithinOneYear 2024-03-31 NI638001 uk-core:AfterOneYear 2025-03-31 NI638001 uk-core:AfterOneYear 2024-03-31 NI638001 2024-04-01 2025-03-31 NI638001 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI638001

Murray Tyres (Holdings) Limited

Unaudited Financial Statements

for the financial year ended 31 March 2025

Murray Tyres (Holdings) Limited

DIRECTOR AND OTHER INFORMATION

Director | Dominic Murray
Company Registration Number | NI638001
Registered Office and Business Address | 97 - 105 Church Street
| Portadown
| Co. Armagh
| BT62 1DB
| Northern Ireland
Accountants | MG accountants
| (Portadown)
| 25-27 Carleton Street
| Portadown
| Co. Armagh
| BT62 3EP
Bankers | Danske Bank
| 45-48 High Street
| Portadown
| Co. Armagh
| BT62 1LB
| United Kingdom
Solicitors | RM Cullen & Son
| 16-20 Edward Street
| Portadown
| Co. Armagh
| BT62 3NL
| United Kingdom

Murray Tyres (Holdings) Limited

Company Registration Number: NI638001

BALANCE SHEET

as at 31 March 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Investments |  | 4 | 900,000 |  | 900,000
|  |  | ───────── |  | ─────────
Current Assets

Debtors |  | 5 | 791,176 |  | 1,573,708
Cash and cash equivalents |  |  | 1,506,484 |  | 755,085
|  |  | ───────── |  | ─────────
|  |  | 2,297,660 |  | 2,328,793
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 6 | (123,708) |  | (127,413)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 2,173,952 |  | 2,201,380
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 3,073,952 |  | 3,101,380
Creditors:

amounts falling due after more than one year |  | 7 | - |  | (34,737)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 3,073,952 |  | 3,066,643
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 1,000 |  | 1,000
Share premium account |  | 9 | 551,730 |  | 551,730
Retained earnings |  |  | 2,521,222 |  | 2,513,913
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 3,073,952 |  | 3,066,643
|  |  | ═════════ |  | ═════════
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 28 May 2025

________________________________ |  |  |  |  |
Dominic Murray |  |  |  |  |
Director |  |  |  |  |

Murray Tyres (Holdings) Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

1. | General Information
| Murray Tyres (Holdings) Limited is a company limited by shares incorporated in Northern Ireland.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Investments
| Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| Foreign currencies

3. | Employees
| The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).
|  | 2025 | 2024
|  | Number | Number
| Director | 1 | 1
|  | ═════════ | ═════════

4. | Investments
|  | Group and | Total
|  | participating |
|  | interests/ |
|  | joint ventures |
| Investments | £ | £
| Cost
| At 31 March 2025 | 900,000 | 900,000
|  | ───────── | ─────────
| Net book value
| At 31 March 2025 | 900,000 | 900,000
|  | ═════════ | ═════════
| At 31 March 2024 | 900,000 | 900,000
|  | ═════════ | ═════════

4.1. | Holdings in related undertakings
| The company holds 20% or more of the share capital of the following company:
|  | Country | Nature |  | Details | Proportion
|  | of | of |  | of | held by
| Name | incorporation and address of Registered Office | business |  | investment | company
| Subsidiary undertaking
| Murray Tyres Limited | Northern Ireland | Wholesale and retailing of lorry and motor tyres. |  | Ordinary | 100
| In the opinion of the director, the value to the company of the unlisted investments is not less than the book amount shown above.

5. | Debtors | 2025 | 2024
|  | £ | £
| Amounts owed by group undertakings | 790,119 | 1,573,708
| Taxation (Note 8) | 1,057 | -
|  | ───────── | ─────────
|  | 791,176 | 1,573,708
|  | ═════════ | ═════════

6. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Taxation (Note 8) | 2,218 | 5,329
| Director's current account | 598 | 598
| Shares classified as financial liabilities | 34,737 | 34,737
| Other creditors | 83,005 | 83,249
| Accruals | 3,150 | 3,500
|  | ───────── | ─────────
|  | 123,708 | 127,413
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Shares classified as financial liabilities | - | 34,737
|  | ═════════ | ═════════

8. | Taxation | 2025 | 2024
|  | £ | £
| Debtors:
| Withholding tax | 1,057 | -
|  | ═════════ | ═════════
| Creditors:
| Corporation tax | 2,218 | 2,218
| Withholding tax | - | 3,111
|  | ───────── | ─────────
|  | 2,218 | 5,329
|  | ═════════ | ═════════

9. | Reserves
| Share Premium Reserve
| The amount carried forward is the premium that arose from the issue of shares on 27 April 2016.

10. | Related party transactions
| The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.
| Mr Dominic Murray, is a Director of Murray Tyres (Holdings) Ltd and its subsidiary Murray Tyres Limited and Murray Tyres Wholesale Ltd. There are no trading transactions between Murray Tyres (Holdings) Ltd and the related parties apart from the payment of dividends to the holding company by the subsidiary.