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Company Registration No. 14096137 (England and Wales)
JAY MC TYRES LTD Unaudited accounts for the year ended 31 May 2025
JAY MC TYRES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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JAY MC TYRES LTD Company Information for the year ended 31 May 2025
Director
James McMahon
Company Number
14096137 (England and Wales)
Registered Office
Suite 27 Foundry House Waterside Lane Widnes Cheshire WA8 8GT England
Accountants
David Roberts FFA FIPA (EPC Tax) Suite 27 Foundry House Waterside Lane Widnes Merseyside WA8 8GT
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JAY MC TYRES LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
23,680
29,600
Current assets
Inventories
2,800
1,750
Debtors
5
1,981
-
Cash at bank and in hand
962
22,516
5,743
24,266
Creditors: amounts falling due within one year
6
(4,575)
(23,488)
Net current assets
1,168
778
Total assets less current liabilities
24,848
30,378
Creditors: amounts falling due after more than one year
7
(23,029)
(25,095)
Net assets
1,819
5,283
Capital and reserves
Called up share capital
12
12
Profit and loss account
1,807
5,271
Shareholders' funds
1,819
5,283
For the year ending 31 May 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 January 2026 and were signed on its behalf by
James McMahon Director Company Registration No. 14096137
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JAY MC TYRES LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
JAY MC TYRES LTD is a private company, limited by shares, registered in England and Wales, registration number 14096137. The registered office is Suite 27, Foundry House, Waterside Lane, Widnes, Cheshire, WA8 8GT, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
100% first year allowance
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 June 2024
37,000
At 31 May 2025
37,000
Depreciation
At 1 June 2024
7,400
Charge for the year
5,920
At 31 May 2025
13,320
Net book value
At 31 May 2025
23,680
At 31 May 2024
29,600
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Trade debtors
1,981
-
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JAY MC TYRES LTD Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,827
-
Trade creditors
-
6,000
Taxes and social security
576
2,439
Loans from directors
972
13,849
Accruals
1,200
1,200
4,575
23,488
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
20,590
25,095
Taxes and social security
2,439
-
23,029
25,095
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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