Treads (Wolverhampton) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05169810

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		60,547		70,062

			60,547		70,062
CURRENT ASSETS
Stocks	6	82,681		64,181
Debtors	7	30,965		13,201
Cash at bank and in hand		80,389		193,096

		194,035		270,478
Creditors: Amounts Falling Due Within One Year	8	(308,508 )		(366,151 )

NET CURRENT ASSETS (LIABILITIES)			(114,473 )		(95,673 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(53,926 )		(25,611 )

NET LIABILITIES			(53,926 )		(25,611 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(53,927 )		(25,612 )

SHAREHOLDERS' FUNDS			(53,926)		(25,611)

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Treads (Wolverhampton) Limited

Balance Sheet (continued)

As At 31 July 2026

For the year ending 31 July 2026 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 Peter Williams

Director

18/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Treads (Wolverhampton) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05169810 . The registered office is 54 Cannock Road, Wednesfield, Wolverhampton, WV10 8PJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Leasehold	No depreciation charged
Plant & Machinery	15% per annum reducing balance
Motor Vehicles	25% per annum reducing balance
Fixtures & Fittings	15% per annum reducing balance
Computer Equipment	25% per annum reducing balance

2.5. 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 year was: 6 (2025: 6)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 August 2025	16,667

As at 31 July 2026	16,667

Amortisation
As at 1 August 2025	16,667

As at 31 July 2026	16,667

Net Book Value
As at 31 July 2026	-

As at 1 August 2025	-

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Treads (Wolverhampton) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 August 2025	32,000	37,456	43,522	17,298

As at 31 July 2026	32,000	37,456	43,522	17,298

Depreciation
As at 1 August 2025	-	13,799	36,685	11,962
Provided during the period	-	5,914	1,709	1,334

As at 31 July 2026	-	19,713	38,394	13,296

Net Book Value
As at 31 July 2026	32,000	17,743	5,128	4,002

As at 1 August 2025	32,000	23,657	6,837	5,336


	Computer Equipment	Total
	£	£
Cost
As at 1 August 2025	4,724	135,000

As at 31 July 2026	4,724	135,000

Depreciation
As at 1 August 2025	2,492	64,938
Provided during the period	558	9,515

As at 31 July 2026	3,050	74,453

Net Book Value
As at 31 July 2026	1,674	60,547

As at 1 August 2025	2,232	70,062

6. Stocks

	2026	2025
	£	£
Stock and work in progress	82,681	64,181

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	23,074	7,952
VAT	7,891	5,249

	30,965	13,201

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Treads (Wolverhampton) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	73,770	105,032
Corporation tax	11,609	11,609
Other taxes and social security	3,178	2,850
Accruals and deferred income	4,750	3,895
Director's loan account	215,201	242,765

	308,508	366,151

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1