REGISTERED NUMBER: 05168803 (England and Wales)

Financial Statements

for the Year Ended 31 July 2025

for

T P Tyre & Exhaust Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Poole

A J Poole

SECRETARY:

Mrs M Poole

REGISTERED OFFICE:

John Lee Fold

Middleton

Manchester

M24 2LR

REGISTERED NUMBER:

05168803 (England and Wales)

ACCOUNTANTS:

Archwood Accountants

Archwood House

46-48 Long Street

Middleton

Manchester

M24 6UQ

FIXED ASSETS

Tangible assets

4

15,989

20,890

CURRENT ASSETS

Stocks

5

8,630

10,000

Debtors

6

22,069

5,842

Cash at bank and in hand

145,591

171,594

176,290

187,436

CREDITORS

Amounts falling due within one year

7

108,767

102,918

NET CURRENT ASSETS

67,523

84,518

TOTAL ASSETS LESS CURRENT LIABILITIES

83,512

105,408

CREDITORS

Amounts falling due after more than one year

8

-

(570

)

PROVISIONS FOR LIABILITIES

(3,854

)

(5,048

)

NET ASSETS

79,658

99,790

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

79,656

99,788

79,658

99,790

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

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

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 20 April 2026 and were signed on its behalf by:

A Poole - Director

1.	STATUTORY INFORMATION

T P Tyre & Exhaust 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% 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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 August 2024

and 31 July 2025

16,050

44,543

60,593

DEPRECIATION

At 1 August 2024

12,836

26,867

39,703

Charge for year

482

4,419

4,901

At 31 July 2025

13,318

31,286

44,604

NET BOOK VALUE

At 31 July 2025

2,732

13,257

15,989

At 31 July 2024

3,214

17,676

20,890

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

and 31 July 2025

30,750

DEPRECIATION

At 1 August 2024

13,453

Charge for year

4,324

At 31 July 2025

17,777

NET BOOK VALUE

At 31 July 2025

12,973

At 31 July 2024

17,297

5.

STOCKS

31.7.25

31.7.24

£

£

Stocks

8,630

10,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other debtors

22,069

5,842

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

105

-

Hire purchase contracts

570

3,415

Trade creditors

54,519

52,431

Tax

37,593

28,695

Social security and other taxes

12,348

14,760

Pension creditor

131

208

Directors' current accounts

701

809

Accrued expenses

2,800

2,600

108,767

102,918

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

-

570

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Hire purchase contracts

570

3,985