REGISTERED NUMBER: 04930434 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

VALE TYRE, EXHAUST & SERVICE CENTRE

LIMITED

Page

Company Information

1

Statement of Income and Retained Earnings

2

Balance Sheet

3

Notes to the Financial Statements

5

Report of the Accountants

8

DIRECTORS:

S A Cole

M R Cole

SECRETARY:

M R Cole

REGISTERED OFFICE:

Unit 5 Millenium Way

Vale Link

Vale Park

Evesham

Worcestershire

WR11 1GL

REGISTERED NUMBER:

04930434 (England and Wales)

ACCOUNTANTS:

G C Accountancy Limited

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

TURNOVER

793,117

717,454

Cost of sales

593,446

533,146

GROSS PROFIT

199,671

184,308

Distribution costs

-

456

Administrative expenses

124,694

94,992

124,694

95,448

74,977

88,860

Other operating income

3

10,500

5,000

OPERATING PROFIT

5

85,477

93,860

Interest receivable and similar income

69

92

85,546

93,952

Interest payable and similar expenses

131

222

PROFIT BEFORE TAXATION

85,415

93,730

Tax on profit

21,324

17,409

PROFIT FOR THE FINANCIAL YEAR

64,091

76,321

Retained earnings at beginning of year

100,182

84,861

Dividends

(72,000

)

(61,000

)

RETAINED EARNINGS AT END OF YEAR

92,273

100,182

FIXED ASSETS

Intangible assets

6

-

-

Tangible assets

7

35,439

44,643

35,439

44,643

CURRENT ASSETS

Stocks

4,850

4,250

Debtors

8

53,826

34,435

Cash at bank

86,849

99,461

145,525

138,146

CREDITORS

Amounts falling due within one year

9

88,631

79,880

NET CURRENT ASSETS

56,894

58,266

TOTAL ASSETS LESS CURRENT LIABILITIES

92,333

102,909

CREDITORS

Amounts falling due after more than one year

10

-

2,667

NET ASSETS

92,333

100,242

CAPITAL AND RESERVES

Called up share capital

60

60

Retained earnings

92,273

100,182

SHAREHOLDERS' FUNDS

92,333

100,242

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by:

S A Cole - Director

1.	STATUTORY INFORMATION

Vale Tyre, Exhaust & Service Centre 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, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.	OTHER OPERATING INCOME

2025

2024

£

£

Grants received

10,500

5,000

4.	EMPLOYEES AND DIRECTORS

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

5.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

11,287

9,641

6.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

25,000

AMORTISATION

At 1 November 2024

and 31 October 2025

25,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

7.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 November 2024

55,692

37,900

2,288

95,880

Additions

2,083

-

-

2,083

At 31 October 2025

57,775

37,900

2,288

97,963

DEPRECIATION

At 1 November 2024

28,303

20,959

1,975

51,237

Charge for year

6,948

4,236

103

11,287

At 31 October 2025

35,251

25,195

2,078

62,524

NET BOOK VALUE

At 31 October 2025

22,524

12,705

210

35,439

At 31 October 2024

27,389

16,941

313

44,643

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

53,826

34,435

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,667

4,000

Trade creditors

39,365

23,487

Taxation and social security

44,619

46,161

Other creditors

1,980

6,232

88,631

79,880

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

2,667

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

G C Accountancy Limited

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

16 July 2026