Tyres(King's Lynn)Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00877236 (England and Wales)

Tyres(King's Lynn)Limited

Unaudited Financial Statements

for the Year Ended 30 April 2026

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

5

Directors:

S Cutche

T Grendza

Registered office:

Austin Fields

Kings Lynn

Norfolk

PE30 1PH

Registered number:

00877236 (England and Wales)

Accountants:

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tyres(King's Lynn)Limited for the year ended 30 April 2026 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Tyres(King's Lynn)Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tyres(King's Lynn)Limited and state those matters that we have agreed to state to the Board of Directors of Tyres(King's Lynn)Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tyres(King's Lynn)Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tyres(King's Lynn)Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Tyres(King's Lynn)Limited. You consider that Tyres(King's Lynn)Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tyres(King's Lynn)Limited. 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 statutory financial statements.

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

15 October 2026

Fixed assets

Tangible assets

5

38,805

41,241

Current assets

Stocks

43,763

50,061

Debtors

6

38,913

51,528

Cash at bank and in hand

31,067

112,406

113,743

213,995

Creditors

Amounts falling due within one year

7

69,101

113,612

Net current assets

44,642

100,383

Total assets less current liabilities

83,447

141,624

Provisions for liabilities

-

3,335

Net assets

83,447

138,289

Capital and reserves

Called up share capital

8

24

Other reserves

77

Retained earnings

83,346

138,188

Shareholders' funds

83,447

138,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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:

T Grendza - Director

1.	Statutory information

Tyres(King's Lynn)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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Tangible fixed assets

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

Freehold property

-

Not depreciated

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% Straight line

Stocks

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

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

4.	Employees and directors

The average number of employees during the year was 6 (2025 - 6 ) .

5.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

Cost

At 1 May 2025

23,690

34,191

1,225

Additions

-

2,900

-

Disposals

-

At 30 April 2026

23,690

37,091

1,225

Depreciation

At 1 May 2025

-

21,763

1,021

Charge for year

-

1,533

21

Eliminated on disposal

-

At 30 April 2026

-

23,296

1,042

Net book value

At 30 April 2026

23,690

13,795

183

At 30 April 2025

23,690

12,428

204

Motor

Computer

vehicles

equipment

Totals

£

Cost

At 1 May 2025

29,352

4,486

92,944

Additions

-

1,499

4,399

Disposals

(29,352

)

-

(29,352

)

At 30 April 2026

-

5,985

67,991

Depreciation

At 1 May 2025

24,709

4,210

51,703

Charge for year

-

638

2,192

Eliminated on disposal

(24,709

)

-

(24,709

)

At 30 April 2026

-

4,848

29,186

Net book value

At 30 April 2026

-

1,137

38,805

At 30 April 2025

4,643

276

41,241

6.

Debtors: amounts falling due within one year

2026

2025

£

Trade debtors

20,948

40,392

Amounts owed by associates

10,000

-

Tax

440

-

Deferred tax asset

7,473

-

Prepayments

52

11,136

38,913

51,528

7.

Creditors: amounts falling due within one year

2026

2025

£

Trade creditors

53,446

95,822

Corporation Tax

-

441

Social security and other taxes

1,088

1,396

VAT

8,814

8,821

Other creditors

483

-

Directors' loan accounts

-

4,307

Accruals and deferred income

5,270

2,825

69,101

113,612

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

24

Ordinary

1

24

9.	Related party disclosures

A charge is registered over the company's freehold property to secure debts owed by the directors.