Company registration number: 10720483
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
Atlas Tyre Service (Cardiff) Limited
Pages for filing with the Registrar
Company registration number: 10720483
Atlas Tyre Service (Cardiff) Limited
Balance sheet
as at 31 August 2025
2025 2024
Note £ £ £ £
Owned:
Tangible assets 4 - -
Current assets
Stocks 58,302 60,267
Debtors 653,867 702,845
Cash at bank and in hand 479,837 442,120
1,192,006 1,205,232
Creditors: amounts falling due within one year
(182,130) (231,346)
Net current assets 1,009,876 973,886
NET ASSETS 1,009,876 973,886
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,009,776 973,786
TOTAL EQUITY 1,009,876 973,886
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10720483
Atlas Tyre Service (Cardiff) Limited
Balance sheet - continued
as at 31 August 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 13 August 2026 and signed on its behalf by:
D John, Director J John, Director
13 August 2026 13 August 2026
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Atlas Tyre Service (Cardiff) Limited
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
Atlas Tyre Service (Cardiff) Limited is a private company registered in England and Wales. Its registered number is 10720483. The company is limited by shares. Its registered office is 110 Whitchurch Road, Cardiff, CF14 3LY. Its principal place of business is ********.
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 historic cost convention.
Adoption of the 2024 periodic review
Atlas Tyre Service (Cardiff) Limited has early adopted the amendments arising from the 2024 periodic review applicable to the standard referenced in the basis of preparation statement.
These amendments mandate changes to various accounting policies and expand the required disclosures. The amendments are applied retrospectively, in accordance with paragraph 10.12 of the standard, with such exceptions and transitional arrangements as specified in paragraphs 1.40 to 1.68.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is recognised from sales when a performance obligation under a valid contract with a customer has been satisfied at the transaction price allocated to that obligation. Transaction prices so recognised exclude Value Added Tax and any 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Motor vehicles - 25% straight line
Computer equipment - 25% straight line
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Atlas Tyre Service (Cardiff) Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
2 Accounting policies - continued
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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 10 (2024 - 10).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 September 2024 24,580
At 31 August 2025 24,580
Depreciation
At 1 September 2024 24,580
At 31 August 2025 24,580
Net book value
At 31 August 2025 -
At 31 August 2024 -
5 Controlling party
The director,by virtue of his shareholding,is the ultimate controlling party
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