BWR Tyre Services Limited - Accounts to registrar (filleted)

BWR TYRE SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Shafiq

REGISTERED OFFICE:

Greenhill Mills

Florence Street

Bradford

West Yorkshire

BD3 8EX

REGISTERED NUMBER:

06808074 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Tangible assets

4

29,460

39,240

CURRENT ASSETS

Stocks

37,800

40,500

Debtors

5

126,416

118,910

Cash at bank

490,333

374,151

654,549

533,561

CREDITORS

Amounts falling due within one year

6

628,101

517,156

NET CURRENT ASSETS

26,448

16,405

TOTAL ASSETS LESS CURRENT LIABILITIES

55,908

55,645

CREDITORS

Amounts falling due after more than one
year

7

22,499

28,452

NET ASSETS

33,409

27,193

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

33,408

27,192

SHAREHOLDERS' FUNDS

33,409

27,193

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 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 1 June 2026 and were signed by:

M Shafiq - Director

1.	STATUTORY INFORMATION

BWR Tyre Services 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.

In accordance with Section 444 of the Companies Act 2006, the Directors Report has not been delivered.

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.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

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 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 August 2024

and 31 July 2025

2,759

3,837

52,121

58,717

DEPRECIATION

At 1 August 2024

2,477

1,480

15,520

19,477

Charge for year

275

354

9,151

9,780

At 31 July 2025

2,752

1,834

24,671

29,257

NET BOOK VALUE

At 31 July 2025

7

2,003

27,450

29,460

At 31 July 2024

282

2,357

36,601

39,240

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade debtors

75,416

66,585

Other debtors

51,000

Prepayments

-

1,325

126,416

118,910

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Bank loans and overdrafts

5,952

Trade creditors

67,242

103,709

Tax

8,165

7,658

Social security and other taxes

34,658

24,725

VAT

48,762

29,464

Other creditors

1,446

3,853

Directors' current accounts

459,286

339,330

Accrued expenses

2,590

2,465

628,101

517,156

The director's loan account balance is interest free and repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

Bank loans - 1-2 years

5,952

Bank loans - 2-5 years

16,547

11,905

Bank loans more 5 yr by instal

-

10,595

22,499

28,452

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

10,595

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

1

Ordinary

1

9.	ULTIMATE CONTROLLING PARTY

The controlling party is M Shafiq.