REGISTERED NUMBER: 07817709 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MR TYRES (ANDOVER) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

Mr R Cutting

REGISTERED OFFICE:

5 Towergate Industrial Estate

Colebrook Way

Andover

Hampshire

SP10 3BB

REGISTERED NUMBER:

07817709 (England and Wales)

ACCOUNTANTS:

Rothmans LLP

Chartered Accountants

10 St Ann Street

Salisbury

Wiltshire

SP1 2DN

FIXED ASSETS

Tangible assets

4

84,446

98,072

CURRENT ASSETS

Stocks

27,250

29,025

Debtors

5

38,597

21,309

Cash at bank

149,867

139,997

215,714

190,331

CREDITORS

Amounts falling due within one year

6

185,820

178,661

NET CURRENT ASSETS

29,894

11,670

TOTAL ASSETS LESS CURRENT LIABILITIES

114,340

109,742

CREDITORS

Amounts falling due after more than one year

7

-

(4,159

)

PROVISIONS FOR LIABILITIES

(16,812

)

(18,085

)

NET ASSETS

97,528

87,498

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

97,428

87,398

97,528

87,498

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 April 2026 and were signed by:

Mr R Cutting - Director

1.	STATUTORY INFORMATION

Mr Tyres (Andover) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable for the sale and fitting of second hand tyres. Revenue for the provision of services is recognised when the work undertaken on the customers vehicle is completed at which time the risks and rewards associated with the work is transferred to the customer.

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

-

25% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Stocks

The company holds a stock of various sizes and makes of tyres for sale. As the tyres are not subject to either physical or technological obsolescence they are valued at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors

Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Cash and cash equivalents

These comprise cash at bank and other short-term highly liquid bank deposits.

Creditors

Creditors are not interest bearing and are stated at their nominal value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

116,927

3,381

99,010

219,318

Additions

4,985

1,212

25,000

31,197

At 31 December 2025

121,912

4,593

124,010

250,515

DEPRECIATION

At 1 January 2025

79,001

2,071

40,174

121,246

Charge for year

13,431

606

30,786

44,823

At 31 December 2025

92,432

2,677

70,960

166,069

NET BOOK VALUE

At 31 December 2025

29,480

1,916

53,050

84,446

At 31 December 2024

37,926

1,310

58,836

98,072

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

19,421

13,408

Prepayments

19,176

7,901

38,597

21,309

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,382

10,648

Trade creditors

104,337

112,507

Tax

23,234

8,558

Social security and other taxes

3,228

2,747

VAT

12,629

13,891

Other creditors

23,109

22,613

Directors' current accounts

8,514

1,127

Accrued expenses

6,387

6,570

185,820

178,661

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

4,159

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

13,651

13,651

Between one and five years

30,803

42,687

In more than five years

-

1,767

44,454

58,105

9.	RELATED PARTY DISCLOSURES

The following advances and credits to shareholders subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Balance outstanding at the start of the year

-

-

Amounts advanced

22,017

37,397

Amount repaid

(22,017

)

(37,397

)

Balance outstanding at the end of the year

-

-

These loans are repayable on demand and subject to interest at commercial rates.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mr Tyres (Andover) Limited for the year ended 31 December 2025 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Mr Tyres (Andover) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mr Tyres (Andover) Limited and state those matters that we have agreed to state to the director of Mr Tyres (Andover) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mr Tyres (Andover) Limited and its director for our work or for this report.

It is your duty to ensure that Mr Tyres (Andover) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Mr Tyres (Andover) Limited. You consider that Mr Tyres (Andover) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mr Tyres (Andover) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothmans LLP

Chartered Accountants

10 St Ann Street

Salisbury

Wiltshire

SP1 2DN

22 April 2026