Company Registration No. 12517063 (England and Wales)
Boestar Tyre Services Ltd
Unaudited accounts
for the year ended 31 December 2025
Boestar Tyre Services Ltd
Unaudited accounts
Contents
Boestar Tyre Services Ltd
Company Information
for the year ended 31 December 2025
Directors
Gary Andrew Zipfel
Siobhan Louise Zipfel
Company Number
12517063 (England and Wales)
Registered Office
17 Albion Lane
Herne Bay
Kent
CT6 7LR
United Kingdom
Accountants
Bay Accounting Limited
17 Albion Lane
Herne Bay
CT6 7LR
Boestar Tyre Services Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
49,482
42,869
Cash at bank and in hand
1,283
3,708
Creditors: amounts falling due within one year
(338,088)
(193,257)
Net current assets
27,928
32,044
Total assets less current liabilities
77,410
74,913
Creditors: amounts falling due after more than one year
-
(19,387)
Provisions for liabilities
Deferred tax
(9,401)
(7,070)
Called up share capital
4
4
Profit and loss account
68,005
48,452
Shareholders' funds
68,009
48,456
For the year ending 31 December 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 7 September 2026 and were signed on its behalf by
Siobhan Louise Zipfel
Director
Company Registration No. 12517063
Boestar Tyre Services Ltd
Notes to the Accounts
for the year ended 31 December 2025
Boestar Tyre Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12517063. The registered office is 17 Albion Lane, Herne Bay, Kent, CT6 7LR, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & machinery
20% straight line
Motor vehicles
20% reducing balance
Computer equipment
20% straight line
Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
Boestar Tyre Services Ltd
Notes to the Accounts
for the year ended 31 December 2025
Stock and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value. Cost includes only direct costs. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
13,113
65,829
185
79,127
Additions
815
16,587
548
17,950
At 31 December 2025
13,928
82,416
733
97,077
At 1 January 2025
6,848
29,373
37
36,258
Charge for the year
2,719
8,517
101
11,337
At 31 December 2025
9,567
37,890
138
47,595
At 31 December 2025
4,361
44,526
595
49,482
At 31 December 2024
6,265
36,456
148
42,869
Raw materials
95,729
55,924
Boestar Tyre Services Ltd
Notes to the Accounts
for the year ended 31 December 2025
Amounts falling due within one year
Trade debtors
252,209
164,450
Accrued income and prepayments
16,795
1,219
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
41,983
3,322
Obligations under finance leases and hire purchase contracts
4,788
5,829
Trade creditors
226,615
135,902
Taxes and social security
9,640
3,551
Other creditors
27,998
19,708
Loans from directors
14,104
15,725
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
4,788
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
2 Ordinary B shares of £1 each
2
2
10
Operating lease commitments
2025
2024
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
12,780
-
Later than one year and not later than five years
2,130
-
11
Average number of employees
During the year the average number of employees was 5 (2024: 4).