REGISTERED NUMBER: 07532366

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

J P Tyres Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Goymer

P Goymer

SECRETARY:

Stones Book Keeping Services (Sussex) Limited

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

07532366

FIXED ASSETS

Tangible assets

4

14,463

18,078

CURRENT ASSETS

Stocks

5,705

5,488

Debtors

5

39,445

50,838

Cash at bank

62,873

39,009

108,023

95,335

CREDITORS

Amounts falling due within one year

6

63,343

51,923

NET CURRENT ASSETS

44,680

43,412

TOTAL ASSETS LESS CURRENT LIABILITIES

59,143

61,490

PROVISIONS FOR LIABILITIES

1,709

2,136

NET ASSETS

57,434

59,354

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

57,334

59,254

SHAREHOLDERS' FUNDS

57,434

59,354

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

J Goymer - Director

1.	STATUTORY INFORMATION

J P Tyres Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% 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.

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 5 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

and 30 November 2025

17,778

26,165

6,390

916

51,249

DEPRECIATION

At 1 December 2024

15,863

11,418

5,318

572

33,171

Charge for year

383

2,949

214

69

3,615

At 30 November 2025

16,246

14,367

5,532

641

36,786

NET BOOK VALUE

At 30 November 2025

1,532

11,798

858

275

14,463

At 30 November 2024

1,915

14,747

1,072

344

18,078

5.

DEBTORS

30/11/25

30/11/24

£

£

Amounts falling due within one year:

Trade debtors

1,260

955

Amounts falling due after more than one year:

Amounts owed by joint ventures

38,185

49,883

Aggregate amounts

39,445

50,838

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Trade creditors

15,402

18,762

Tax

22,734

17,386

Social security and other taxes

2,008

457

VAT

7,299

5,027

Directors' loan accounts

14,755

9,161

Accrued expenses

1,145

1,130

63,343

51,923

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the Balance sheet date the directors loan account on the balance sheet was owed to the Directors. No interest was charged and no agreed repayment date has been set.