REGISTERED NUMBER: 04970402 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

2 U TYRES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S R CLARK

B P LANDI FCCA

REGISTERED OFFICE:

62 STAKES ROAD

PURBROOK

WATERLOOVILLE

Hampshire

PO7 5NT

REGISTERED NUMBER:

04970402 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

46,117

49,790

46,117

49,790

CURRENT ASSETS

Stocks

154,684

103,103

Debtors

6

113,957

117,398

Cash at bank and in hand

401,248

413,611

669,889

634,112

CREDITORS

Amounts falling due within one year

7

445,427

397,533

NET CURRENT ASSETS

224,462

236,579

TOTAL ASSETS LESS CURRENT LIABILITIES

270,579

286,369

CAPITAL AND RESERVES

Called up share capital

1,250

1,250

Share premium

199,750

199,750

Retained earnings

69,579

85,369

SHAREHOLDERS' FUNDS

270,579

286,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 23 September 2026 and were signed on its behalf by:

B P LANDI FCCA - Director

S R CLARK - Director

1.	STATUTORY INFORMATION

2 U TYRES LIMITED is a private company, limited by shares , registered in England and Wales. 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 NIL (2024 - 18 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

220,000

AMORTISATION

At 1 January 2025

and 31 December 2025

220,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2025

33,654

160,673

7,887

Additions

-

12,153

-

At 31 December 2025

33,654

172,826

7,887

DEPRECIATION

At 1 January 2025

30,121

127,804

7,887

Charge for year

353

8,848

-

At 31 December 2025

30,474

136,652

7,887

NET BOOK VALUE

At 31 December 2025

3,180

36,174

-

At 31 December 2024

3,533

32,869

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

35,700

16,663

254,577

Additions

-

-

12,153

At 31 December 2025

35,700

16,663

266,730

DEPRECIATION

At 1 January 2025

22,312

16,663

204,787

Charge for year

6,625

-

15,826

At 31 December 2025

28,937

16,663

220,613

NET BOOK VALUE

At 31 December 2025

6,763

-

46,117

At 31 December 2024

13,388

-

49,790

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

86,858

92,352

Other debtors

27,099

25,046

113,957

117,398

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

233,556

207,700

Taxation and social security

136,072

113,114

Other creditors

75,799

76,719

445,427

397,533