Company Registration No. 06980005 (England and Wales)
SMJ Tyre Services Ltd
Unaudited accounts
for the year ended 31 July 2025
SMJ Tyre Services Ltd
Statement of financial position
as at 31 July 2025
Tangible assets
341,485
376,416
Cash at bank and in hand
1,365,626
1,008,290
Creditors: amounts falling due within one year
(468,008)
(374,897)
Net current assets
1,203,937
919,560
Total assets less current liabilities
1,545,422
1,295,976
Provisions for liabilities
Deferred tax
(15,241)
(23,974)
Net assets
1,530,181
1,272,002
Called up share capital
100
100
Share premium
15,610
15,610
Profit and loss account
1,514,471
1,256,292
Shareholders' funds
1,530,181
1,272,002
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2026 and were signed on its behalf by
Mr S M Jackson
Director
Company Registration No. 06980005
SMJ Tyre Services Ltd
Notes to the Accounts
for the year ended 31 July 2025
SMJ Tyre Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 06980005. The registered office is 91 Lee Avenue, Shilbottle, Alnwick, Northumberland, NE66 2UL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
33% on straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 August 2024
280,520
38,694
207,198
3,573
-
529,985
Additions
-
2,590
17,500
-
451
20,541
Disposals
-
(12,004)
(88,490)
(2,030)
-
(102,524)
At 31 July 2025
280,520
29,280
136,208
1,543
451
448,002
At 1 August 2024
-
26,250
124,203
3,116
-
153,569
Charge for the year
-
2,729
24,177
66
50
27,022
On disposals
-
(12,004)
(60,040)
(2,030)
-
(74,074)
At 31 July 2025
-
16,975
88,340
1,152
50
106,517
At 31 July 2025
280,520
12,305
47,868
391
401
341,485
At 31 July 2024
280,520
12,444
82,995
457
-
376,416
SMJ Tyre Services Ltd
Notes to the Accounts
for the year ended 31 July 2025
Amounts falling due within one year
Trade debtors
267,299
246,341
Accrued income and prepayments
5,695
4,799
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
277,381
244,875
Taxes and social security
114,780
83,307
Loans from directors
168
860
7
Average number of employees
During the year the average number of employees was 14 (2024: 14).