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Registration number: 03548928

Retreading Business Limited
Unaudited Financial Statements
for the Year Ended 31 July 2025

Retreading Business Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 7

Retreading Business Limited

(Registration number: 03548928)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 9,996 | 16,970
Tangible assets | 5 | 770 | 1,268
|  | 10,766 | 18,238
Current assets |  |  |
Stocks | 6 | 5,000 | -
Debtors | 7 | 26,912 | 27,536
Cash at bank and in hand |  | 5,577 | 23,792
|  | 37,489 | 51,328
Creditors: Amounts falling due within one year | 8 | (47,859) | (57,800)
Net current liabilities |  | (10,370) | (6,472)
Total assets less current liabilities |  | 396 | 11,766
Creditors: Amounts falling due after more than one year | 8 | - | (4,583)
Provisions for liabilities |  | (146) | (241)
Net assets |  | 250 | 6,942
Capital and reserves |  |  |
Called up share capital |  | 20 | 20
Retained earnings |  | 230 | 6,922
Shareholders' funds |  | 250 | 6,942

Retreading Business Limited

(Registration number: 03548928)
Balance Sheet as at 31 July 2025

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 February 2026

......................................... Mr D Wilson Director

Retreading Business Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
15 Blackthorn Close
Wistaston
Crewe
Cheshire
CW2 6PQ

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Retreading Business Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Tax

The tax expense for the period comprises current and deferred tax.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 33.3% Straight Line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Website | 20% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Retreading Business Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Retreading Business Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4 | Intangible assets

| Website £ | Total £
Cost or valuation
At 1 August 2024 | 34,868 | 34,868
At 31 July 2025 | 34,868 | 34,868
Amortisation
At 1 August 2024 | 17,898 | 17,898
Amortisation charge | 6,974 | 6,974
At 31 July 2025 | 24,872 | 24,872
Carrying amount
At 31 July 2025 | 9,996 | 9,996
At 31 July 2024 | 16,970 | 16,970

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 August 2024 | 1,496 | 1,496
At 31 July 2025 | 1,496 | 1,496
Depreciation
At 1 August 2024 | 228 | 228
Charge for the year | 498 | 498
At 31 July 2025 | 726 | 726
Carrying amount
At 31 July 2025 | 770 | 770
At 31 July 2024 | 1,268 | 1,268

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 5,000 | -

Retreading Business Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 17,337 | 26,021
Prepayments | 380 | 308
Other debtors | 9,195 | 1,207
| 26,912 | 27,536

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Loans and borrowings | 5,409 | 5,000
Trade creditors | 25,968 | 29,341
Taxation and social security | 8,963 | 12,120
Accruals and deferred income | 821 | 789
Other creditors | 6,698 | 10,550
| 47,859 | 57,800

Loans and borrowings includes an overdraft amount which is secured by way of a fixed and floating charge over the company assets.

9 | Related party transactions

Summary of transactions with other related parties

During the year a net amount was owed to the company by related party Valebridge Publications (Asia) Sdn Bhd amounting to £6,455. Valebridge Publications (Asia) Sdn Bhd is related to the the company as the directors are shareholders of both companies.
This amount is interest free, repayable on demand and included in other debtors.