MS London Tyres Ltd Accounts






MS London Tyres Ltd

	Company No. 09549552
		Information for Filing with The Registrar
		30 April 2026

at	30 April 2026
Company No.		09549552	Notes	2026	2025
				£	£
Fixed assets

	Tangible assets		5	2,817	4,075


				2,817	4,075
Current assets
	Stocks		6	1,870	1,610
	Debtors		7	(376)	3,085

	Cash at bank and in hand			14,879	28,093
				16,373	32,788
Creditors: Amount falling due within one year			8	(34,905)	(60,681)
Net current liabilities				(18,532)	(27,893)
Total assets less current liabilities				(15,715)	(23,818)




Net liabilities				(15,715)	(23,818)

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		9	(15,815)	(23,918)

Total equity				(15,715)	(23,818)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

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

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 29 June 2026 and signed on its behalf by:
O. Iljasevic
Director
29 June 2026

for the year ended 30 April 2026

General information

MS London Tyres Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 09549552

Its registered office is:

73 Cheddington Road

London

N18 1LU

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

20% Straight Line

Motor vehicles

25% Straight Line

Furniture, fittings and equipment

20% Straight Line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Taxation
		(a) Tax on profit on ordinary activities	2026
		The tax charge is made up as follows:	£
		UK corporation tax
		Charge for the period	1,537

		Total corporation tax	1,537





		Tax on profit on ordinary activities	1,537

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2026	2025
		-295	£	£
		Profit on ordinary activities before tax	9,640	12,645

		Standard rate of corporation tax in the United Kingdom	19%	19%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	1,832	2,403
		Expenses not deductible for tax purposes	(295)	(2,403)




		Tax on profit on ordinary activities	1,537	-

5	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 May 2025	4,131	16,413	791	21,335




		At 30 April 2026	4,131	16,413	791	21,335
		Depreciation
		At 1 May 2025	4,131	12,655	474	17,260
		Charge for the year	-	1,100	158	1,258



		At 30 April 2026	4,131	13,755	632	18,518
		Net book values
		At 30 April 2026	-	2,658	159	2,817
		At 30 April 2025	-	3,758	317	4,075

6	Stocks
			2026	2025
			£	£


		Finished goods	1,870	1,610
			1,870	1,610

7	Debtors
			2026	2025
			£	£






		Other debtors	(2,251)	1,362
		Prepayments and accrued income	1,875	1,723
			(376)	3,085

8	Creditors:
		amounts falling due within one year
			2026	2025
			£	£




		Trade creditors	6,839	10,655

		Taxes and social security	6,019	1,421

		Other creditors	22,046	48,605
		Accruals and deferred income	1	-
			34,905	60,681

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.