Company Registration No. 04423492 (England and Wales)
Bobs Tyres Limited
Unaudited accounts
for the year ended 31 May 2026
Bobs Tyres Limited
Unaudited accounts
Contents
Bobs Tyres Limited
Company Information
for the year ended 31 May 2026
Company Number
04423492 (England and Wales)
Registered Office
Bobs Tyres Ltd
Blacknell Lane Trading Estate
Blacknell Lane
Crewkerne
Somerset
TA18 7HE
England
Accountants
Wessex Commercial Solutions Limited
Yeovil Innovation Centre
Barracks Close
Yeovil
BA22 8RN
Bobs Tyres Limited
Statement of financial position
as at 31 May 2026
Tangible assets
17,133
21,531
Cash at bank and in hand
39,472
38,065
Creditors: amounts falling due within one year
(63,475)
(87,449)
Net current assets
23,468
53,415
Total assets less current liabilities
40,602
74,947
Provisions for liabilities
Deferred tax
(2,774)
(3,605)
Called up share capital
1,000
1,000
Profit and loss account
36,828
70,342
Shareholders' funds
37,828
71,342
For the year ending 31 May 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 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 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 4 November 2026 and were signed on its behalf by
J Howard
Director
Company Registration No. 04423492
Bobs Tyres Limited
Notes to the Accounts
for the year ended 31 May 2026
Bobs Tyres Limited is a private company, limited by shares, registered in England and Wales, registration number 04423492. The registered office is Bobs Tyres Ltd, Blacknell Lane Trading Estate, Blacknell Lane, Crewkerne, Somerset, TA18 7HE, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
20% Reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Bobs Tyres Limited
Notes to the Accounts
for the year ended 31 May 2026
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2025
105,503
13,150
2,435
3,938
125,026
At 31 May 2026
105,503
13,150
2,435
3,938
125,026
At 1 June 2025
85,644
11,732
2,302
3,817
103,495
Charge for the year
3,996
355
20
27
4,398
At 31 May 2026
89,640
12,087
2,322
3,844
107,893
At 31 May 2026
15,863
1,063
113
94
17,133
At 31 May 2025
19,859
1,418
133
121
21,531
Amounts falling due within one year
Other debtors
33,559
90,860
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
50,926
49,979
Taxes and social security
1,862
17,138
Bobs Tyres Limited
Notes to the Accounts
for the year ended 31 May 2026
8
Average number of employees
During the year the average number of employees was 5 (2025: 5).