REGISTERED NUMBER: 04630147 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 January 2026

for

Tyersal Pallets Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs. S M Scully

Mr M J Scully

SECRETARY:

Ms J M Scully

REGISTERED OFFICE:

Abacus House

Pennine Business Park

Huddersfield

West Yorkshire

HD2 1GQ

REGISTERED NUMBER:

04630147 (England and Wales)

ACCOUNTANTS:

BK Plus Ltd

Abacus House

Pennine Business Park

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Tangible assets

4

29,546

38,467

CURRENT ASSETS

Stocks

5

52,000

2,300

Debtors

6

381,675

327,247

Cash at bank and in hand

689,909

388,510

1,123,584

718,057

CREDITORS

Amounts falling due within one year

7

123,857

(134,263

)

NET CURRENT ASSETS

999,727

852,320

TOTAL ASSETS LESS CURRENT LIABILITIES

1,029,273

890,787

PROVISIONS FOR LIABILITIES

7,386

9,616

NET ASSETS

1,021,887

881,171

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

1,021,883

881,167

SHAREHOLDERS' FUNDS

1,021,887

881,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 January 2026 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by:

Mrs. S M Scully - Director

1.	STATUTORY INFORMATION

Tyersal Pallets 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% 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 valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 10 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 30 January 2025

3,289

1,475

113,495

383

118,642

Additions

-

-

-

565

565

At 29 January 2026

3,289

1,475

113,495

948

119,207

DEPRECIATION

At 30 January 2025

2,193

821

76,930

231

80,175

Charge for year

164

98

9,142

82

9,486

At 29 January 2026

2,357

919

86,072

313

89,661

NET BOOK VALUE

At 29 January 2026

932

556

27,423

635

29,546

At 29 January 2025

1,096

654

36,565

152

38,467

Included above is an asset held under hire purchase, the NBV of the asset at the balance sheet date was £10,204 (2023-£13,605) and depreciation charge for the year £3,401 (2023-£4,535).

5.

STOCKS

29.1.26

29.1.25

£

£

Stocks

52,000

2,300

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.1.26

29.1.25

£

£

Trade debtors

308,920

233,129

Directors' loan accounts

64,821

85,999

Prepayments

7,934

8,119

381,675

327,247

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.1.26

29.1.25

£

£

Trade creditors

50,000

434

Advances from factoring company

(56,498

)

(213,925

)

Tax

77,441

43,183

Social security and other tax

(939

)

(495

)

Pension liability

181

305

VAT

53,019

35,598

Other creditors

653

637

123,857

(134,263

)

8.	SECURED DEBTS

The following secured debts are included within creditors:

29.1.26

29.1.25

£

£

Cattles Invoice Finance Limited by way of a fixed charge all specified debts and other.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the periods ended 29 January 2026 and 29 January 2025:

29.01.26

29.01.25

£

£

Director 1

Balance outstanding at start of year

85,999

214,866

Amounts advanced

162,017

109,101

Amounts repaid

(183,194

)

(237,968

)

Balance outstanding at end of year

64,822

85,999

10.	RELATED PARTY DISCLOSURES

The controlling party is Mrs. S M Scully.