Holderness Tyre Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03853744 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

HOLDERNESS TYRE SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Allerston

L E Allerston

SECRETARY:

L E Allerston

REGISTERED OFFICE:

Burstwick Service Station

Ellifoot Lane

Burstwick

East Yorkshire

HU12 9EF

REGISTERED NUMBER:

03853744 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Tangible assets

4

443,239

470,169

CURRENT ASSETS

Stocks

186,408

164,191

Debtors

5

256,202

193,263

Cash at bank and in hand

25,414

33,390

468,024

390,844

CREDITORS

Amounts falling due within one year

6

457,772

359,819

NET CURRENT ASSETS

10,252

31,025

TOTAL ASSETS LESS CURRENT
LIABILITIES

453,491

501,194

CREDITORS

Amounts falling due after more than one
year

7

-

(28,930

)

PROVISIONS FOR LIABILITIES

(109,459

)

(116,160

)

NET ASSETS

344,032

356,104

CAPITAL AND RESERVES

Called up share capital

9

10,000

Retained earnings

334,032

346,104

SHAREHOLDERS' FUNDS

344,032

356,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2026 and were signed on its behalf by:

D Allerston - Director

1.	STATUTORY INFORMATION

Holderness Tyre Services 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 represents the retail trade of motor vehicle parts and is recognised on the supply of goods.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

2% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Recycling equipment

-

5% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the statement of income and retained earnings over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company has implemented automatic enrolment into a workplace pension in relation to all employees.

All contributions payable for the year are charged to the statement of income and retained earnings account in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2025

15,079

761,781

776,860

Additions

-

16,228

At 31 March 2026

15,079

778,009

793,088

DEPRECIATION

At 1 April 2025

9,551

297,140

306,691

Charge for year

127

43,031

43,158

At 31 March 2026

9,678

340,171

349,849

NET BOOK VALUE

At 31 March 2026

5,401

437,838

443,239

At 31 March 2025

5,528

464,641

470,169

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

193,039

174,183

Amounts owed by associates

-

2,348

Other debtors

63,163

16,732

256,202

193,263

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

28,471

-

Trade creditors

295,647

233,180

Taxation and social security

58,307

83,591

Other creditors

75,347

43,048

457,772

359,819

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Other creditors

-

28,930

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

Bank overdraft

28,471

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

10,000

Ordinary

£1

10,000

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

D Allerston and L E Allerston

Balance outstanding at start of year

-

Amounts advanced

49,488

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

49,488

-

The directors repaid £50,000 to the company, on 30 June 2026, to clear the overdrawn directors' loan account.