2024-06-01 13393924 2025-05-31 13393924 2024-06-01 2025-05-31 13393924 2024-05-31 13393924 2023-06-01 2024-05-31 13393924 uk-core:WithinOneYear 2024-05-31 13393924 uk-core:WithinOneYear 2025-05-31 13393924 uk-core:ShareCapital 2025-05-31 13393924 uk-core:ShareCapital 2024-05-31 13393924 uk-core:RetainedEarningsAccumulatedLosses 2025-05-31 13393924 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 13393924 uk-bus:Director1 2024-06-01 2025-05-31 13393924 uk-core:PlantMachinery 2024-06-01 2025-05-31 13393924 uk-core:ComputerEquipment 2024-06-01 2025-05-31 13393924 uk-core:CommercialMotorVehicles 2024-06-01 2025-05-31 13393924 uk-core:ComputerEquipment 2024-05-31 13393924 uk-core:CommercialMotorVehicles 2024-05-31 13393924 uk-core:PlantMachinery 2024-05-31 13393924 uk-core:PlantMachinery 2025-05-31 13393924 uk-core:CommercialMotorVehicles 2025-05-31 13393924 uk-core:ComputerEquipment 2025-05-31 iso4217:GBP xbrli:pure 13393924 uk-bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 13393924 uk-bus:FRS102 2024-06-01 2025-05-31 13393924 uk-bus:FilletedAccounts 2024-06-01 2025-05-31 13393924 uk-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31

On The Spot Tyres Ltd

Registered Number:13393924

For the year ended 31 May 2025
England and Wales
Unaudited Financial Statements

2
For the year ended 31 May 2025
On The Spot Tyres Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3

Registered Number :

13393924

As at 31 May 2025

On The Spot Tyres Ltd
Statement of Financial Position

£

£

2024
2025

Notes

Fixed assets

Property, plant and equipment

10,730
10,675
2
10,730
10,675

Current assets

Inventories

1,900
3,450
3

Trade and other receivables

-
52,809
4
158,035

Cash and cash equivalents

103,541
159,800
159,935

Trade and other payables: amounts falling due within one year

(68,587)
(45,371)
5
91,348
114,429
Net current assets

Total assets less current liabilities

125,159
102,023
(2,405)
-

Provisions for liabilities

122,754
Net assets
102,023

Capital and reserves

Called up share capital

1
1

Retained earnings

122,753
102,022
122,754
102,023
Shareholders' funds

For the year ended 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 of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Gary Smith Director

These financial statements were approved and authorised for issue by the Board on 15 July 2025 and were signed by:

The notes form part of these financial statements

1 of 3
4
For the year ended 31 May 2025
On The Spot Tyres Ltd
Notes to the Financial Statements
Statutory Information

On The Spot Tyres Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
13393924.

Registered address:

11a Langdale Road
Sheffield
S8 0UQ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

25% Reducing balance

3 years Straight line

Computer Equipment

25% Reducing balance

Motor Vehicles
Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

2. Property, plant and equipment

Total

Computer
Equipment

Motor Vehicles

Plant and
Machinery

£

£

£

£

Cost or valuation

At 01 June 2024

16,275
892
4,800
10,583
4,536
-
-
4,536

Additions

At 31 May 2025

15,119
4,800
892
20,811

Provision for depreciation and impairment

At 01 June 2024

5,600
179
2,775
2,646
Charge for year
4,481
238
1,125
3,118

At 31 May 2025

10,081
417
3,900
5,764

At 31 May 2025

Net book value

9,355
900
475
10,730

At 31 May 2024

7,937
2,025
713
10,675
2 of 3
5
For the year ended 31 May 2025
On The Spot Tyres Ltd
Notes to the Financial Statements Continued

3. Inventories

2024
2025

£

£

Stocks

3,450
1,900

4. Trade and other receivables

2024
2025

£

£

Trade debtors

12,595
-

Other debtors

40,214
-
-
52,809

5. Trade and other payables: amounts falling due within one year

2024
2025

£

£

Trade creditors

12,889
33,739

Taxation and social security

30,539
34,278

Other creditors

1,943
570
45,371
68,587

6. Average number of persons employed

During the year the average number of employees was 3 (2024 : 3)
3 of 3