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Company Registration No. 09480648 (England and Wales)
ML Tyres Ltd Unaudited accounts for the year ended 31 March 2026
ML Tyres Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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ML Tyres Ltd Company Information for the year ended 31 March 2026
Director
M Weatherilt
Company Number
09480648 (England and Wales)
Registered Office
UNIT 1, 355 VICTORIA AVENUE MANCHESTER LANCASHIRE M9 8WQ ENGLAND
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ML Tyres Ltd Accountants' report
Accountants' report to the director of ML Tyres Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ML Tyres Ltd for the year ended 31 March 2026 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ML Tyres Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of ML Tyres Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ML Tyres Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ML Tyres Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of ML Tyres Ltd. You consider that ML Tyres Ltd 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 accounts of ML Tyres Ltd. 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 accounts.
29 October 2026
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ML Tyres Ltd Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
8,301 
6,806 
Current assets
Inventories
30,175 
31,243 
Cash at bank and in hand
17,904 
17,407 
48,079 
48,650 
Creditors: amounts falling due within one year
5
(51,444)
(28,134)
Net current (liabilities)/assets
(3,365)
20,516 
Total assets less current liabilities
4,936 
27,322 
Creditors: amounts falling due after more than one year
6
- 
(679)
Net assets
4,936 
26,643 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,836 
26,543 
Shareholders' funds
4,936 
26,643 
For the year ending 31 March 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 October 2026 and were signed on its behalf by
M Weatherilt Director Company Registration No. 09480648
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ML Tyres Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
ML Tyres Ltd is a private company, limited by shares, registered in England and Wales, registration number 09480648. The registered office is UNIT 1, 355 VICTORIA AVENUE, MANCHESTER, LANCASHIRE, M9 8WQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2025
15,421 
1,989 
17,410 
Additions
1,189 
- 
1,189 
At 31 March 2026
16,610 
1,989 
18,599 
Depreciation
At 1 April 2025
8,309 
2,295 
10,604 
Charge for the year
- 
(306)
(306)
At 31 March 2026
8,309 
1,989 
10,298 
Net book value
At 31 March 2026
8,301 
- 
8,301 
At 31 March 2025
7,112 
(306)
6,806 
5
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
3,411 
3,839 
Taxes and social security
- 
95 
Other creditors
48,033 
24,200 
51,444 
28,134 
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ML Tyres Ltd Notes to the Accounts for the year ended 31 March 2026
6
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
- 
679 
7
Average number of employees
During the year the average number of employees was 4 (2025: 4).
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