Company Registration No. 9179657 (England and Wales)
ZH TYRES WHOLSALE LTD
Unaudited accounts
for the year ended 31 March 2025
ZH TYRES WHOLSALE LTD
Unaudited accounts
Contents
ZH TYRES WHOLSALE LTD
Company Information
for the year ended 31 March 2025
Company Number
9179657 (England and Wales)
Registered Office
547 Colne Road
Burnley
Lancashire
BB10 2LG
England
Accountants
Raas Accountants Ltd
19 Colne Road
Brierfield
Nelson
Lancashire
BB9 5HW
ZH TYRES WHOLSALE LTD
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
18,965
12,651
Creditors: amounts falling due within one year
15
(433)
Net current assets
18,980
12,218
Called up share capital
100
100
Profit and loss account
18,880
12,118
Shareholders' funds
18,980
12,218
For the year ending 31 March 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 December 2025 and were signed on its behalf by
Junaid Khan
Director
Company Registration No. 9179657
ZH TYRES WHOLSALE LTD
Notes to the Accounts
for the year ended 31 March 2025
ZH TYRES WHOLSALE LTD is a private company, limited by shares, registered in England and Wales, registration number 9179657. The registered office is 547 Colne Road, Burnley, Lancashire, BB10 2LG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over the lease term
Plant & machinery
Over 5 Years
Fixtures & fittings
over 5 years
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
ZH TYRES WHOLSALE LTD
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,584
433
Loans from directors
(1,599)
-
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).