REGISTERED NUMBER: 05431389 (England and Wales)

TAN Y GROES CAR DISMANTLERS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S W D Dunseath

Mr G James

REGISTERED OFFICE:

Tanygroes

CARDIGAN

Ceredigion

SA43 2JP

REGISTERED NUMBER:

05431389 (England and Wales)

ACCOUNTANTS:

D M B Davies Limited

Broyan House

Priory Street

Cardigan

Ceredigion

SA43 1BZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

264,335

285,199

264,335

285,199

CURRENT ASSETS

Stocks

72,500

43,900

Debtors

6

110,465

118,380

Cash in hand

27,382

4,104

210,347

166,384

CREDITORS

Amounts falling due within one year

7

257,373

225,225

NET CURRENT LIABILITIES

(47,026

)

(58,841

)

TOTAL ASSETS LESS CURRENT LIABILITIES

217,309

226,358

CREDITORS

Amounts falling due after more than one year

8

(201,841

)

(224,560

)

PROVISIONS FOR LIABILITIES

(12,064

)

(14,427

)

NET ASSETS/(LIABILITIES)

3,404

(12,629

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,402

(12,631

)

SHAREHOLDERS' FUNDS

3,404

(12,629

)

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 21 April 2026 and were signed on its behalf by:

Mr S W D Dunseath - Director

1.	STATUTORY INFORMATION

Tan y Groes Car Dismantlers Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and buildings

-

4% on cost

Plant and machinery etc

-

15% 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 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

410,000

AMORTISATION

At 1 August 2024

and 31 July 2025

410,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

510,696

339,920

40,829

21,200

912,645

DEPRECIATION

At 1 August 2024

303,752

271,359

32,344

19,991

627,446

Charge for year

8,278

10,284

2,121

181

20,864

At 31 July 2025

312,030

281,643

34,465

20,172

648,310

NET BOOK VALUE

At 31 July 2025

198,666

58,277

6,364

1,028

264,335

At 31 July 2024

206,944

68,561

8,485

1,209

285,199

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

509

924

Other debtors

109,956

117,456

110,465

118,380

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

67,908

72,769

Hire purchase contracts

26,505

38,205

Trade creditors

81,593

41,343

Taxation and social security

38,860

37,435

Other creditors

42,507

35,473

257,373

225,225

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

201,841

224,560

9.	RELATED PARTY DISCLOSURES

10.	ULTIMATE CONTROLLING PARTY