REGISTERED NUMBER: 05404856 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Briant Tyres and Exhausts Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A R G Elliott

B R Bleaken

SECRETARY:

Mrs A P Bleaken

REGISTERED OFFICE:

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

REGISTERED NUMBER:

05404856 (England and Wales)

ACCOUNTANTS:

Dolman's Chartered Accountants

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

179,187

272,054

179,187

272,054

CURRENT ASSETS

Stocks

114,252

162,449

Debtors

6

466,737

515,624

Cash at bank and in hand

54,994

119,319

635,983

797,392

CREDITORS

Amounts falling due within one year

7

786,633

1,007,720

NET CURRENT LIABILITIES

(150,650

)

(210,328

)

TOTAL ASSETS LESS CURRENT LIABILITIES

28,537

61,726

CREDITORS

Amounts falling due after more than one year

8

(13,032

)

(32,605

)

PROVISIONS FOR LIABILITIES

(4,038

)

(17,369

)

NET ASSETS

11,467

11,752

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

11,463

11,748

SHAREHOLDERS' FUNDS

11,467

11,752

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 May 2026 and were signed on its behalf by:

B R Bleaken - Director

1.	STATUTORY INFORMATION

Briant Tyres and Exhausts 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.

Goodwill

Goodwill, paid in connection with the acquisition of businesses in 2007 has been fully amortised

Goodwill relating to the acquisition of further branches in 2013 has been fully amortised.

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.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

Hire purchase and leasing commitments

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 24 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

23,000

AMORTISATION

At 1 September 2024

and 31 August 2025

23,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 September 2024

438,108

344,431

59,261

Additions

-

12,742

-

Disposals

-

-

-

At 31 August 2025

438,108

357,173

59,261

DEPRECIATION

At 1 September 2024

293,981

298,562

48,215

Charge for year

36,032

14,653

2,761

Eliminated on disposal

-

-

-

At 31 August 2025

330,013

313,215

50,976

NET BOOK VALUE

At 31 August 2025

108,095

43,958

8,285

At 31 August 2024

144,127

45,869

11,046

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 September 2024

352,079

30,148

1,224,027

Additions

-

-

12,742

Disposals

(61,175

)

-

(61,175

)

At 31 August 2025

290,904

30,148

1,175,594

DEPRECIATION

At 1 September 2024

284,286

26,929

951,973

Charge for year

11,212

804

65,462

Eliminated on disposal

(21,028

)

-

(21,028

)

At 31 August 2025

274,470

27,733

996,407

NET BOOK VALUE

At 31 August 2025

16,434

2,415

179,187

At 31 August 2024

67,793

3,219

272,054

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

64,942

125,334

Other debtors

359,673

348,168

424,615

473,502

Amounts falling due after more than one year:

Other debtors

42,122

42,122

Aggregate amounts

466,737

515,624

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

17,205

22,578

Hire purchase contracts (see note 10)

-

24,366

Trade creditors

581,949

772,662

Taxation and social security

154,132

166,468

Other creditors

33,347

21,646

786,633

1,007,720

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

13,032

9,146

Hire purchase contracts (see note 10)

-

23,459

13,032

32,605

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

17,205

22,578

Amounts falling due between two and five years:

Bank loans - 2-5 years

13,032

9,146

The bank loan is secured by a fixed and floating charge over the assets of the company.

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

-

24,366

Between one and five years

-

23,459

-

47,825

Non-cancellable

operating leases

2025

2024

£

£

Within one year

151,500

166,100

Between one and five years

322,500

261,200

In more than five years

36,000

10,000

510,000

437,300

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

A R G Elliott

Balance outstanding at start of year

150,993

134,446

Amounts advanced

33,703

16,547

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

184,696

150,993

B R Bleaken

Balance outstanding at start of year

110,209

111,215

Amounts repaid

(7,172

)

(1,006

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

103,037

110,209

The loan account was charged interest using HM Revenue and Customs official rates of interest. The loans are unsecured and repayable on demand.