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Company Registration No. 11870154 (England and Wales)
STAR PERFORMANCE TYRES LIMITED Unaudited accounts for the year ended 31 March 2026
STAR PERFORMANCE TYRES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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STAR PERFORMANCE TYRES LIMITED Company Information for the year ended 31 March 2026
Director
MOHAMED KASIM SHARIFI
Company Number
11870154 (England and Wales)
Registered Office
1-8 COLLEGE ROAD COLLEGE ROAD COVENTRY CV6 4BH ENGLAND
Accountants
SAMI & CO ACCOUNTANTS 48 BILTON ROAD PERIVALE MIDDLESEX UB6 7DH
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STAR PERFORMANCE TYRES LIMITED Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Intangible assets
4
50,000
50,000
Tangible assets
5
33,982
39,979
83,982
89,979
Current assets
Inventories
102,540
100,699
Debtors
6
71,000
71,000
Cash at bank and in hand
107,564
119,106
281,104
290,805
Creditors: amounts falling due within one year
7
(69,227)
(129,954)
Net current assets
211,877
160,851
Total assets less current liabilities
295,859
250,830
Creditors: amounts falling due after more than one year
8
(5,968)
(15,935)
Net assets
289,891
234,895
Capital and reserves
Called up share capital
100
100
Profit and loss account
289,791
234,795
Shareholders' funds
289,891
234,895
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 June 2026 and were signed on its behalf by
MOHAMED KASIM SHARIFI Director Company Registration No. 11870154
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STAR PERFORMANCE TYRES LIMITED Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
STAR PERFORMANCE TYRES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11870154. The registered office is 1-8 COLLEGE ROAD, COLLEGE ROAD, COVENTRY, CV6 4BH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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STAR PERFORMANCE TYRES LIMITED Notes to the Accounts for the year ended 31 March 2026
4
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2025
50,000
At 31 March 2026
50,000
Amortisation
At 1 April 2025
-
At 31 March 2026
-
Net book value
At 31 March 2026
50,000
At 31 March 2025
50,000
GOOD WILL PAID TO NEW LANDLORD
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
62,409
19,343
81,752
At 31 March 2026
62,409
19,343
81,752
Depreciation
At 1 April 2025
38,872
2,901
41,773
Charge for the year
3,531
2,466
5,997
At 31 March 2026
42,403
5,367
47,770
Net book value
At 31 March 2026
20,006
13,976
33,982
At 31 March 2025
23,537
16,442
39,979
6
Debtors
2026
2025
£
£
Amounts falling due after more than one year
Trade debtors
12,000
12,000
Other debtors
59,000
59,000
71,000
71,000
7
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
22,150
11,344
Trade creditors
-
25,000
Taxes and social security
47,077
38,610
Loans from directors
-
55,000
69,227
129,954
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STAR PERFORMANCE TYRES LIMITED Notes to the Accounts for the year ended 31 March 2026
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
5,968
15,935
9
Average number of employees
During the year the average number of employees was 5 (2025: 5).
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