REGISTERED NUMBER: 04542776 (England and Wales)

Unaudited Financial Statements

for the Period

30 November 2024 to 30 June 2025

for

Dawson Tyre Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

T M S Davis

A D Fletcher

Mrs V J Dawson

Registered office:

Unit 34-35 Staunton Court Ledbury Road

Staunton

Gloucester

GL19 3QS

Registered number:

04542776 (England and Wales)

Accountants:

Crowthers Chartered Accountants

19 High Street

Pershore

Worcestershire

WR10 1AA

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

113,338

126,177

113,338

126,177

CURRENT ASSETS

Inventories

6

85,808

82,973

Debtors

7

305,661

400,092

Cash at bank and in hand

10,662

119

402,131

483,184

CREDITORS

Amounts falling due within one year

8

678,731

697,878

NET CURRENT LIABILITIES

(276,600

)

(214,694

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(163,262

)

(88,517

)

CREDITORS

Amounts falling due after more than one year

9

55,491

71,358

NET LIABILITIES

(218,753

)

(159,875

)

CAPITAL AND RESERVES

Called up share capital

110

110

Retained earnings

(218,863

)

(159,985

)

(218,753

)

(159,875

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 Statement of Income and Retained Earnings 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:

T M S Davis - Director

1.	STATUTORY INFORMATION

Dawson 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.

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.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of one years.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Inventories 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 period 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 period 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 period was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 30 November 2024

and 30 June 2025

10,000

Amortisation

At 30 November 2024

and 30 June 2025

10,000

Net book value

At 30 June 2025

-

At 29 November 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 30 November 2024

84,927

20,910

118,972

2,389

227,198

Additions

5,804

-

-

-

5,804

At 30 June 2025

90,731

20,910

118,972

2,389

233,002

Depreciation

At 30 November 2024

50,787

19,532

30,268

434

101,021

Charge for period

5,220

201

12,937

285

18,643

At 30 June 2025

56,007

19,733

43,205

719

119,664

Net book value

At 30 June 2025

34,724

1,177

75,767

1,670

113,338

At 29 November 2024

34,140

1,378

88,704

1,955

126,177

6.	INVENTORIES

2025

2024

as

restated

£

£

Stocks

85,808

82,973

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Trade debtors

241,270

326,609

Other debtors

357

-

Section 455 tax

10,857

16,429

Directors' current accounts

48,380

48,678

Prepayments

4,797

8,376

305,661

400,092

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Bank loans and overdrafts

7,712

30,431

Hire purchase contracts

22,541

22,543

Trade creditors

104,623

396,946

Factoring account

157,776

196,876

Amounts owed to group undertakings

347,724

-

Tax

-

16,429

Social security and other taxes

32,165

19,142

Other creditors

-

9,145

Accrued expenses

6,190

6,366

678,731

697,878

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as

restated

£

£

Bank loans - 1-2 years

-

4,534

Hire purchase contracts

55,491

66,824

55,491

71,358

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

as

restated

£

£

Bank overdraft

-

19,563

Hire purchase contracts

78,032

89,367

Factoring account

157,776

196,876

235,808

305,806

All monies due to Skipton Business Finance Limited are secured by a fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery dated 25/06/2010.

Bank overdraft with HSBC bank plc is secured by a fixed and floating charge over the undertaking and all property and assets present and future including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant and machinery by way of debenture dated 02/01/2003.

Hire purchase liabilities are secured on the assets to which they relate.

11.	GOING CONCERN

The financial statements have been prepared on a going concern basis as the directors intend to continue to support the company. Support has been provided by a company associated with the directors of this company and this support will continue for the foreseeable future.

The directors believe that with the support of the associated company, this company is well placed to manage its financing and other business risks satisfactorily, and there is a reasonable expectation that the company will have adequate resources to continue in operation for at least 12 months. They therefore consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements.

The financial statements do not include any adjustments that would result from the withdrawal of the directors support.

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 30 June 2025 and 29 November 2024:

2025

2024

as

restated

£

£

Mrs V J Dawson

Balance outstanding at start of period

48,678

45,368

Amounts advanced

487

3,310

Amounts repaid

(785

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

48,380

48,678