Tyresales and Service (Hedge End) Limited

Registered number

01592059

Filleted Accounts

31 August 2025

Tyresales and Service (Hedge End) Limited
Registered number:		01592059
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		443,697			417,511

Current assets
Stocks		50,122			49,000
Debtors	4	216,336			186,711
Cash at bank and in hand		3,870			113,034
		270,328			348,745

Creditors: amounts falling due within one year	5	(631,797)			(637,860)

Net current liabilities			(361,469)			(289,115)

Total assets less current liabilities			82,228			128,396

Creditors: amounts falling due after more than one year	6		(72,501)			(34,732)



Net assets			9,727			93,664

Capital and reserves
Called up share capital			400			103
Profit and loss account			9,327			93,561

Shareholders' funds			9,727			93,664

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



A Mellers
Director
Approved by the board on 21 May 2026

Tyresales and Service (Hedge End) Limited
Notes to the Accounts
for the period from 9 September 2024 to 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over the lease term
	Plant and machinery			12.5% reducing balance basis
	Fixtures, fittings, tools and equipment			10% reducing balance basis
	Computer equipment			25% reducing balance basis
	Motor vehicles			25% reducing balance basis

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					28		23


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 9 September 2024	135,621		569,788		162,273		867,682
	Additions	-		731		86,327		87,058
	At 31 August 2025	135,621		570,519		248,600		954,740

	Depreciation
	At 9 September 2024	35,531		288,232		126,408		450,171
	Charge for the period	13,562		34,207		13,103		60,872
	At 31 August 2025	49,093		322,439		139,511		511,043

	Net book value
	At 31 August 2025	86,528		248,080		109,089		443,697
	At 8 September 2024	100,090		281,556		35,865		417,511


4	Debtors					2025		2024
£							£

	Trade debtors					12,940		50,427
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					67,112		-
	Deferred tax asset					11,784		11,784
	Other debtors					124,500		124,500
						216,336		186,711


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					61,453		77,985
	Obligations under finance lease and hire purchase contracts					32,555		25,068
	Trade creditors					9,149		99,200
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					162,307		150,117
	Taxation and social security costs					197,629		105,893
	Other creditors					168,704		179,597
						631,797		637,860


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		34,732
	Obligations under finance lease and hire purchase contracts					72,501		-
						72,501		34,732


7	Other information

	Tyresales and Service (Hedge End) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 8b Herald Industrial Estate
	Hedge End
	Southampton
	Hampshire
	SO30 2JW