North West Tyre Services Ltd

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—5

In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at period ended 31 July 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

19/10/2026

Ribble Valley Accountants Limited

CIMA

14 Towneley Parade

Longridge

Preston

PR3 3HU

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North West Tyre Services Ltd

Balance Sheet

As At 31 July 2025

Balance Sheet

Registered number: 10413509

		31 July 2025		31 October 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		41,391		47,129

			41,391		47,129
CURRENT ASSETS
Stocks	5	25,000		35,000
Debtors	6	23,655		6,155
Cash at bank and in hand		106		2,040

		48,761		43,195
Creditors: Amounts Falling Due Within One Year	7	(75,281 )		(117,557 )

NET CURRENT ASSETS (LIABILITIES)			(26,520 )		(74,362 )

TOTAL ASSETS LESS CURRENT LIABILITIES			14,871		(27,233 )

Creditors: Amounts Falling Due After More Than One Year	8		-		(13,000 )

NET ASSETS/(LIABILITIES)			14,871		(40,233 )

CAPITAL AND RESERVES
Called up share capital	9		30,000		30,000
Profit and Loss Account			(15,129 )		(70,233 )

SHAREHOLDERS' FUNDS			14,871		(40,233)

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North West Tyre Services Ltd

Balance Sheet (continued)

As At 31 July 2025

For the period ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Philip Lowe

Director

19/10/2026

The notes on pages 4 to 5 form part of these financial statements.

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North West Tyre Services Ltd

Notes to the Financial Statements

For the Period 1 November 2024 to 31 July 2025

Notes to the Financial Statements

1. General Information

North West Tyre Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10413509 . The registered office is Unit 26 Roman Way Industrial Estate, Longridge Road, Preston, PR2 5BD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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.

2.3. 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	25% RB
Motor Vehicles	25% TB
Fixtures & Fittings	25% RB
Computer Equipment	33% SL

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 4 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 November 2024	55,358	39,216	12,931	3,899	111,404
Additions	5,000	-	-	-	5,000

As at 31 July 2025	60,358	39,216	12,931	3,899	116,404

...CONTINUED

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North West Tyre Services Ltd

Notes to the Financial Statements (continued)

For the Period 1 November 2024 to 31 July 2025

Depreciation
As at 1 November 2024	32,988	23,906	5,898	1,483	64,275
Provided during the period	5,474	3,061	1,407	796	10,738

As at 31 July 2025	38,462	26,967	7,305	2,279	75,013

Net Book Value
As at 31 July 2025	21,896	12,249	5,626	1,620	41,391

As at 1 November 2024	22,370	15,310	7,033	2,416	47,129

5. Stocks

	31 July 2025	31 October 2024
	£	£
Stock	25,000	35,000

6. Debtors

	31 July 2025	31 October 2024
	£	£
Due within one year
Trade debtors	23,655	6,155

7. Creditors: Amounts Falling Due Within One Year

	31 July 2025	31 October 2024
	£	£
Trade creditors	11,730	13,980
Bank loans and overdrafts	5,448	9,317
Other creditors	6,756	25,177
Taxation and social security	51,347	69,083

	75,281	117,557

8. Creditors: Amounts Falling Due After More Than One Year

	31 July 2025	31 October 2024
	£	£
Bank loans	-	13,000

9. Share Capital

	31 July 2025	31 October 2024
	£	£
Allotted, Called up and fully paid	30,000	30,000

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