REGISTERED NUMBER: 06292620 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

FLEETLINE TYRE SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S A Carr

Mrs C Carr

Miss H I Carr

J J Carr

REGISTERED OFFICE:

Unit 1

Pearsall Drive

Oldbury

West Midlands

B69 2RA

REGISTERED NUMBER:

06292620 (England and Wales)

ACCOUNTANTS:

Windsors Rybridge Ltd

No 9, Castle Court 2

Castlegate Way

Dudley

West Midlands

DY1 4RH

FIXED ASSETS

Tangible assets

4

237,669

207,349

Investments

5

50,780

50,780

288,449

258,129

CURRENT ASSETS

Stocks

6

229,082

212,978

Debtors

7

852,788

863,219

Cash at bank and in hand

69,734

58,921

1,151,604

1,135,118

CREDITORS

Amounts falling due within one year

8

859,352

834,511

NET CURRENT ASSETS

292,252

300,607

TOTAL ASSETS LESS CURRENT LIABILITIES

580,701

558,736

CREDITORS

Amounts falling due after more than one year

9

(63,110

)

(49,447

)

PROVISIONS FOR LIABILITIES

(59,417

)

(51,837

)

NET ASSETS

458,174

457,452

CAPITAL AND RESERVES

Called up share capital

5

5

Retained earnings

458,169

457,447

SHAREHOLDERS' FUNDS

458,174

457,452

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 7 November 2025 and were signed on its behalf by:

S A Carr - Director

1.	STATUTORY INFORMATION

Fleetline Tyre Services Limited is a private company, limited by shares , registered in England and Wales. 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

50% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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 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

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

79,830

19,215

373,468

472,513

Additions

-

-

98,280

98,280

Disposals

-

-

(12,500

)

(12,500

)

At 31 August 2025

79,830

19,215

459,248

558,293

DEPRECIATION

At 1 September 2024

66,600

17,073

181,491

265,164

Charge for year

1,984

164

64,375

66,523

Eliminated on disposal

-

-

(11,063

)

(11,063

)

At 31 August 2025

68,584

17,237

234,803

320,624

NET BOOK VALUE

At 31 August 2025

11,246

1,978

224,445

237,669

At 31 August 2024

13,230

2,142

191,977

207,349

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

Motor

vehicles

£

COST

At 1 September 2024

215,266

Additions

98,280

Transfer to ownership

(88,480

)

At 31 August 2025

225,066

DEPRECIATION

At 1 September 2024

73,468

Charge for year

51,831

Transfer to ownership

(11,677

)

At 31 August 2025

113,622

NET BOOK VALUE

At 31 August 2025

111,444

At 31 August 2024

141,798

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2024

and 31 August 2025

50,780

NET BOOK VALUE

At 31 August 2025

50,780

At 31 August 2024

50,780

6.

STOCKS

31/8/25

31/8/24

£

£

Stocks

229,082

212,978

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade debtors

824,767

835,172

Other debtors

28,021

28,047

852,788

863,219

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans and overdrafts

7,500

9,808

Hire purchase contracts

78,860

81,108

Trade creditors

585,702

596,938

Amounts owed to group undertakings

31,784

46,784

Taxation and social security

155,209

99,576

Other creditors

297

297

859,352

834,511

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans

-

7,692

Hire purchase contracts

63,110

41,755

63,110

49,447