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B + T TYRE & EXHAUST CENTRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST JULY 2025

B + T TYRE & EXHAUST CENTRE LIMITED (REGISTERED NUMBER: 01578555) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Accountants' Report | 8 |

| B + T TYRE & EXHAUST CENTRE LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST JULY 2025

| DIRECTORS: | L Watson

| K Darton

| SECRETARY: | C L Watson

| REGISTERED OFFICE: | First Floor, Woburn Court

| 2 Railton Road

| Woburn Road Industrial Estate

| Kempston

| Bedfordshire

| MK42 7PN

| REGISTERED NUMBER: | 01578555 (England and Wales)

| ACCOUNTANTS: | HW Bedford Limited

| Trading as Haines Watts

| First Floor, Woburn Court

| 2 Railton Road

| Woburn Rd Ind Est

| Kempston

| Bedfordshire

| MK42 7PN

B + T TYRE & EXHAUST CENTRE LIMITED (REGISTERED NUMBER: 01578555) |

BALANCE SHEET

31ST JULY 2025

| 31/7/25 | 31/7/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 120,058 |  | 184,746 |  |

CURRENT ASSETS

Stocks | 20,275 |  | 34,214 |  |

Debtors | 5 | 214,625 |  | 233,218 |  |

Cash at bank and in hand | 108,150 |  | 108,295 |  |

343,050 |  | 375,727 |  |

CREDITORS

Amounts falling due within one year | 6 | 337,143 |  | 353,061 |  |

NET CURRENT ASSETS | 5,907 |  | 22,666 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 125,965 |  | 207,412 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (38,430 | ) | - |  |

PROVISIONS FOR LIABILITIES | 9 | (66,230 | ) | (59,355 | ) |

NET ASSETS | 21,305 |  | 148,057 |  |

CAPITAL AND RESERVES

Called up share capital | 35 |  | 52 |  |

Capital redemption reserve | 17 |  | - |  |

Retained earnings | 21,253 |  | 148,005 |  |

SHAREHOLDERS' FUNDS | 21,305 |  | 148,057 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

B + T TYRE & EXHAUST CENTRE LIMITED (REGISTERED NUMBER: 01578555) |

BALANCE SHEET - continued

31ST JULY 2025

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th January 2026 and were signed on its behalf by:

L Watson - Director

B + T TYRE & EXHAUST CENTRE LIMITED (REGISTERED NUMBER: 01578555) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2025

1. | STATUTORY INFORMATION

| B + T Tyre & Exhaust Centre 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.

| The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

| The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

| Turnover

| Revenue is measured at the fair value of the consideration received or receivable, and represents amounts receivable for goods supplied, stated net of rebates, discounts, returns, value added taxes and other sales taxes or duty.

| The company recognises revenue when performance obligations have been satisfied and for the company this is when the goods have transferred or service provided to the customer and the customer has control of these. For goods, control is considered to have passed to the customer upon delivery. The company bases its estimate of rebates and returns on historical results, taking into consideration the type of customer, the type of transaction and the specifics of each arrangement.

| 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 | - | 20% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on reducing balance

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

| Taxation

| Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

B + T TYRE & EXHAUST CENTRE LIMITED (REGISTERED NUMBER: 01578555) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST JULY 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

| 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 year was 8 (2024 - 9 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1st August 2024 | 121,473 |  | 20,608 |  | 176,947 |  | 15,650 |  | 334,678 |  |

| Additions | - |  | 124 |  | 181,622 |  | - |  | 181,746 |  |

| Disposals | - |  | - |  | (238,847 | ) | - |  | (238,847 | ) |

| At 31st July 2025 | 121,473 |  | 20,732 |  | 119,722 |  | 15,650 |  | 277,577 |  |

| DEPRECIATION

| At 1st August 2024 | 108,373 |  | 17,999 |  | 12,631 |  | 10,929 |  | 149,932 |  |

| Charge for year | 2,620 |  | 392 |  | 9,943 |  | 1,557 |  | 14,512 |  |

| Eliminated on disposal | - |  | - |  | (6,925 | ) | - |  | (6,925 | ) |

| At 31st July 2025 | 110,993 |  | 18,391 |  | 15,649 |  | 12,486 |  | 157,519 |  |

| NET BOOK VALUE

| At 31st July 2025 | 10,480 |  | 2,341 |  | 104,073 |  | 3,164 |  | 120,058 |  |

| At 31st July 2024 | 13,100 |  | 2,609 |  | 164,316 |  | 4,721 |  | 184,746 |  |

| The net book value of tangible fixed assets includes £ 29,688 in respect of assets held under hire purchase contracts.

B + T TYRE & EXHAUST CENTRE LIMITED (REGISTERED NUMBER: 01578555) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST JULY 2025

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

| 31/7/25 |  | 31/7/24

£ | £ |

| Trade debtors | 31,303 |  | 31,978 |  |

| Directors' current accounts | 130,336 |  | 151,735 |  |

| Tax | 41,086 |  | 41,086 |  |

| Prepayments and accrued income | 11,900 |  | 8,419 |  |

214,625 |  | 233,218 |  |

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

| 31/7/25 |  | 31/7/24

£ | £ |

| Bank loans and overdrafts | 24,593 |  | - |  |

| Hire purchase contracts (see note 8) | 4,470 |  | - |  |

| Trade creditors | 197,500 |  | 168,461 |  |

| Corporation tax | 2,408 |  | 42,246 |  |

| Social security and other taxes | 3,101 |  | 11,000 |  |

| VAT | 87,144 |  | 81,102 |  |

| Other creditors | 7,008 |  | 8,367 |  |

| Net wages outstanding | 3,719 |  | - |  |

| Shareholder's loan | - |  | 26,489 |  |

| Accrued expenses | 7,200 |  | 15,396 |  |

337,143 |  | 353,061 |  |

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

| 31/7/25 |  | 31/7/24

£ | £ |

| Bank loans - 1-2 years | 17,845 |  | - |  |

| Hire purchase contracts (see note 8) | 20,585 |  | - |  |

38,430 |  | - |  |

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

| 31/7/25 |  | 31/7/24 |

£ | £ |

| Net obligations repayable:

| Within one year | 4,470 |  | - |  |

| Between one and five years | 20,585 |  | - |  |

25,055 |  | - |  |

B + T TYRE & EXHAUST CENTRE LIMITED (REGISTERED NUMBER: 01578555) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST JULY 2025

8. | LEASING AGREEMENTS - continued

| Non-cancellable |

| operating leases |

| 31/7/25 |  | 31/7/24

£ | £ |

| Within one year | 38,488 |  | 34,000 |  |

| Between one and five years | 137,122 |  | 136,000 |  |

| In more than five years | 204,000 |  | 238,000 |  |

379,610 |  | 408,000 |  |

9. | PROVISIONS FOR LIABILITIES

| Other provisions comprise amounts recognised in respect of potential settlement costs arising from an ongoing legal dispute with former employees. Management has recognised a provision where it is considered probable that an outflow of economic resources will be required to settle the obligation and where a reliable estimate can be made. The provision is based on management’s best estimate at the reporting date; however, the ultimate outcome and timing of any settlement may differ from amounts provided.

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31st July 2025 and 31st July 2024:

| 31/7/25 |  | 31/7/24

£ | £ |

| L Watson

| Balance outstanding at start of year | 151,735 |  | 155,404 |  |

| Amounts advanced | 121,040 |  | 96,331 |  |

| Amounts repaid | (142,439 | ) | (100,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 130,336 |  | 151,735 |  |

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

B + T TYRE & EXHAUST CENTRE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of B + T Tyre & Exhaust Centre Limited for the year ended 31st July 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that B + T Tyre & Exhaust Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of B + T Tyre & Exhaust Centre Limited. You consider that B + T Tyre & Exhaust Centre 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 financial statements of B + T Tyre & Exhaust Centre 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 financial statements.

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

16th January 2026