Tyke Petroleum (Clifton) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01263170 (England and Wales)

TYKE PETROLEUM (CLIFTON) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Boorman

T R Boorman

REGISTERED OFFICE:

Central Chambers

45-47 Albert Street

Rugby

Warwickshire

CV21 2SG

REGISTERED NUMBER:

01263170 (England and Wales)

ACCOUNTANTS:

Atkinson Finch & Co

Chartered Accountants

Central Chambers

45-47 Albert Street

Rugby

Warwickshire

CV21 2SG

SOLICITORS:

Crombie Wilkinson Solicitors

Forsyth House

Market Place

Malton

North Yorkshire

YO17 7LR

FIXED ASSETS

Tangible assets

4

25,007

25,009

Investment property

5

575,000

600,007

600,009

CURRENT ASSETS

Debtors

6

260,306

45,467

Cash at bank and in hand

154,010

297,855

414,316

343,322

CREDITORS

Amounts falling due within one year

7

506,162

435,586

NET CURRENT LIABILITIES

(91,846

)

(92,264

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

508,161

507,745

PROVISIONS FOR LIABILITIES

18,472

18,473

NET ASSETS

489,689

489,272

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

8

296,295

Retained earnings

193,294

192,877

SHAREHOLDERS' FUNDS

489,689

489,272

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2026 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 17th July 2026 and were signed on its behalf by:

D Boorman - Director

1.	STATUTORY INFORMATION

Tyke Petroleum (Clifton) 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 as modified by the revaluation of certain assets.

Significant judgements and estimates

There are no significant judgements that have a material effect on the financial statements nor any accounting estimates that have a high risk of causing a material adjustment in a future accounting period.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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 equipment

-

10% on cost

Computer equipment

-

20% on reducing balance

Investment property

Investment property is carried at fair value. Revaluation surpluses or deficits are recognised in the income statement. Deferred taxation is provided on these gains and the net of revaluation and deferred tax movement transferred to a fair value reserve.

The directors review the property each year and adjust the carrying value where they believe that there is a material adjustment to the previous year.

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 3 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

equipment

Totals

£

COST

At 1st May 2025

and 30th April 2026

28,674

323

28,997

DEPRECIATION

At 1st May 2025

3,674

314

3,988

Charge for year

-

2

At 30th April 2026

3,674

316

3,990

NET BOOK VALUE

At 30th April 2026

25,000

7

25,007

At 30th April 2025

25,000

9

25,009

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1st May 2025

and 30th April 2026

575,000

NET BOOK VALUE

At 30th April 2026

575,000

At 30th April 2025

575,000

Cost or valuation at 30th April 2026 is represented by:

£

Valuation in 2004

21,295

Valuation in 2008

275,000

Cost

278,705

575,000

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

Cost

278,705

Investment property was valued on an open market basis on 30th April 2008 by the directors and is still appropriate .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

259,928

45,097

Prepayments

378

370

260,306

45,467

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

495,313

422,863

Corporation tax payable

6,253

7,938

Social security and other taxes

2,444

2,672

Accrued expenses

2,152

2,113

506,162

435,586

8.

RESERVES

Fair

value

reserve

£

At 1st May 2025

and 30th April 2026

296,295