REGISTERED NUMBER: SC547570 (Scotland)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Pro Tyre Recycling Ltd

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTOR:

R Souter

SECRETARY:

REGISTERED OFFICE:

191 Station Road

Shotts

North Lanarkshire

ML7 4BA

REGISTERED NUMBER:

SC547570 (Scotland)

ACCOUNTANTS:

EAC Accountancy Limited

191 Station Road

Shotts

North Lanarkshire

ML7 4BA

The director presents his report with the financial statements of the company for the year ended 31 October 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of tyre recycling.

DIRECTORS

R Souter has held office during the whole of the period from 1 November 2024 to the date of this report.

Other changes in directors holding office are as follows:

Miss C Murphy - resigned 24 June 2025

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

R Souter - Director

13 March 2026

TURNOVER

523,683

591,284

Cost of sales

25,212

38,742

GROSS PROFIT

498,471

552,542

Administrative expenses

480,924

535,183

OPERATING PROFIT

4

17,547

17,359

Interest payable and similar expenses

9,650

10,826

PROFIT BEFORE TAXATION

7,897

6,533

Tax on profit

4,195

2,483

PROFIT FOR THE FINANCIAL YEAR

3,702

4,050

FIXED ASSETS

Tangible assets

5

64,688

83,193

CURRENT ASSETS

Debtors

6

39,035

48,315

Cash at bank

31,955

43,947

70,990

92,262

CREDITORS

Amounts falling due within one year

7

50,049

68,748

NET CURRENT ASSETS

20,941

23,514

TOTAL ASSETS LESS CURRENT LIABILITIES

85,629

106,707

CREDITORS

Amounts falling due after more than one year

8

(39,112

)

(63,757

)

PROVISIONS FOR LIABILITIES

(16,172

)

(15,807

)

NET ASSETS

30,345

27,143

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

30,335

27,133

30,345

27,143

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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 13 March 2026 and were signed by:

R Souter - Director

1.	STATUTORY INFORMATION

Pro Tyre Recycling Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

25% reducing balance.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.10.25

31.10.24

£

£

Depreciation - owned assets

21,563

27,731

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

169,479

Additions

18,600

Disposals

(43,140

)

At 31 October 2025

144,939

DEPRECIATION

At 1 November 2024

86,286

Charge for year

21,563

Eliminated on disposal

(27,598

)

At 31 October 2025

80,251

NET BOOK VALUE

At 31 October 2025

64,688

At 31 October 2024

83,193

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

39,035

48,315

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

459

9,600

Taxation and social security

23,051

29,239

Other creditors

26,539

29,909

50,049

68,748

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

459

Other creditors

39,112

63,298

39,112

63,757