Company No: 04044346 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

		2026		2025
		£		£
				Restated - note 2
Fixed assets		20,610		27,170
Current assets		109,707		96,631
Prepayments and accrued income		2,081		2,324
Creditors: amounts falling due within one year		( 91,412)		( 83,495)
Net current assets		20,376		15,460
Total assets less current liabilities		40,986		42,630
Creditors: amounts falling due after more than one year		-		( 8,770)
Accruals and deferred income		( 2,625)		( 2,836)
Net assets		38,361		31,024
Capital and reserves		38,361		31,024

For the financial year ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements;
• These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime;
• These financial statements have been delivered in accordance with the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Industrial Tyre Services Ltd (registered number: 04044346) were approved and authorised for issue by the director on 30 September 2026 and were signed on its behalf by:

B A Sugar Director

1. Company information

The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in England and Wales (Company no. 04044346). The address of its registered office is 33 Birch Road, Martock, Somerset, TA12 6DR, United Kingdom.

2. Prior year adjustment

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'. This is the first year in which the financial statements have been prepared in accordance with FRS 105. The prior year figures were restated to remove the provision for deferred tax, which is no longer required to be recognised following the transition to FRS 105.

		As previously reported		Adjustment		As restated
Year ended 30 April 2025		£		£		£
Provision for liabilities		5,162		(5,162)		0
Profit and loss account		25,762		5,162		30,924

3. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the financial year, including the director	1		1

4. Directors’ benefits: advances, credit and guarantees

Advances

The Director's loan account is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates. 

During  the year, £13,623 was advanced to the director, and £13,623  was repaid by the director. At 30 April 2026, the balance owed by the director was £nil.