2024-11-01 2025-10-31 false true true 03 November 2026 Capium Accounts Production 1.1 01186559 2024-11-01 2025-10-31 01186559 bus:AbridgedAccounts 2024-11-01 2025-10-31 01186559 bus:FRS102 2024-11-01 2025-10-31 01186559 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 01186559 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 01186559 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 01186559 2024-11-01 2025-10-31 01186559 2025-10-31 01186559 bus:RegisteredOffice 2024-11-01 2025-10-31 01186559 core:WithinOneYear 2025-10-31 01186559 core:AfterOneYear 2025-10-31 01186559 1 2024-11-01 2025-10-31 01186559 bus:Director1 2024-11-01 2025-10-31 01186559 bus:Director1 2025-10-31 01186559 bus:Director1 2023-11-01 2024-10-31 01186559 bus:Director2 2024-11-01 2025-10-31 01186559 bus:Director2 2025-10-31 01186559 bus:Director2 2023-11-01 2024-10-31 01186559 2023-11-01 01186559 bus:LeadAgentIfApplicable 2024-11-01 2025-10-31 01186559 2023-11-01 2024-10-31 01186559 2024-10-31 01186559 core:WithinOneYear 2024-10-31 01186559 core:AfterOneYear 2024-10-31 01186559 bus:EntityAccountantsOrAuditors 2023-11-01 2024-10-31 01186559 core:PlantMachinery 2024-11-01 2025-10-31 01186559 core:PlantMachinery 2025-10-31 01186559 core:PlantMachinery 2024-10-31 01186559 core:MotorCars 2024-11-01 2025-10-31 01186559 core:MotorCars 2025-10-31 01186559 core:MotorCars 2024-10-31 01186559 core:FurnitureFittings 2024-11-01 2025-10-31 01186559 core:FurnitureFittings 2025-10-31 01186559 core:FurnitureFittings 2024-10-31 01186559 core:LandBuildings 2024-11-01 2025-10-31 01186559 core:LandBuildings 2025-10-31 01186559 core:LandBuildings 2024-10-31 01186559 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-10-31 01186559 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-10-31 01186559 core:CostValuation core:Non-currentFinancialInstruments 2025-10-31 01186559 core:CostValuation core:Non-currentFinancialInstruments 2024-10-31 01186559 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-10-31 01186559 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-10-31 01186559 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-10-31 01186559 core:Non-currentFinancialInstruments 2025-10-31 01186559 core:Non-currentFinancialInstruments 2024-10-31 01186559 core:ShareCapital 2025-10-31 01186559 core:ShareCapital 2024-10-31 01186559 core:RetainedEarningsAccumulatedLosses 2025-10-31 01186559 core:RetainedEarningsAccumulatedLosses 2024-10-31 01186559 dpl:Item1 2024-11-01 01186559 dpl:Item1 2025-10-31 01186559 dpl:Item1 2023-11-01 01186559 dpl:Item1 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 01186559


 

 

 

HOMAN TYRE COMPANY LIMITED


REVISED

Abridged Accounts
 


Period of accounts

Start date: 01 November 2024

End date: 31 October 2025

Homan Tyre Company Limited
Contents Page
For the year ended 31 October 2025
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 October 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Navab and Co. Accountants Ltd
31 October 2025



....................................................

Navab and Co. Accountants Ltd
GROUND FLOOR, 143-145 THE BROADWAY
WEST EALING
LONDON
W13 9BE
03 November 2026
1
 
 		 Notes
 		 2025
£		   2024
£
Fixed assets      
Tangible fixed assets 3 309,225    255,954 
309,225    255,954 
Current assets      
Stocks 89,400    11,500 
Debtors 34,194    43,001 
Cash at bank and in hand 12,074    4,680 
135,668    59,181 
Creditors: amount falling due within one year (173,383)   (66,010)
Net current assets (37,715)   (6,829)
 
Total assets less current liabilities 271,510    249,125 
Creditors: amount falling due after more than one year (55,576)   (27,820)
Provisions for liabilities (7,203)   (7,203)
Net assets 208,731    214,102 
 

Capital and reserves 		     
Called up share capital 100    100 
Profit and loss account 208,631    214,002 
Shareholders' funds 208,731    214,102 
 


For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 03 November 2026 and were signed on its behalf by:


-------------------------------
Clive Charles HOMAN
Director
2
Revision by Replacement

The financial statements of the year ended 31 October 2025 have been revised.

These financial statements:

  • replace the original financial statements;
  • are now the statutory financial statements;
  • have been prepared as at the date of the original financial statements, and not as at the date of the revision and accordingly do not deal with events between those dates.

The original accounts did not comply with the Companies Act 2006 because expenses were overstated, resulting in an incorrect presentation of the company's financial position.

There are no significant amendments to the original accounts.

General Information
Homan Tyre Company Limited is a private company, limited by shares, registered in , registration number 01186559, registration address Ground Floor 143-145 The Bro, West Ealing, W13 9BE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Group accounts
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 2% Reducing Balance
Plant and Machinery 18% Reducing Balance
Motor Vehicles 18% Reducing Balance
Fixtures and Fittings 18% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the period was 9 (2024 : 11).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Land and Buildings   Total
  £   £   £   £   £
At 01 November 2024 176,959    8,882    3,216    322,461    511,518 
Additions -    69,330    -    -    69,330 
Disposals -    -    -    -    - 
At 31 October 2025 176,959    78,212    3,216    322,461    580,848 
Depreciation
At 01 November 2024 134,645    8,676    3,210    109,033    255,564 
Charge for year 7,617    4,172    1    4,269    16,059 
On disposals -    -    -    -    - 
At 31 October 2025 142,262    12,848    3,211    113,302    271,623 
Net book values
Closing balance as at 31 October 2025 34,697    65,364    5    209,159    309,225 
Opening balance as at 01 November 2024 42,314    206    6    213,428    255,954 

The net book value of Land and Buildings includes £ 209,159 (2024 £213,428) in respect of assets leased under finance leases or hire purchase contracts.

3