Company Registration No. 11898683 (England and Wales)
PREMIER TYRE SUPPLIES (UK) LIMITED
Unaudited accounts
for the year ended 31 March 2023
PREMIER TYRE SUPPLIES (UK) LIMITED
Unaudited accounts
Contents
PREMIER TYRE SUPPLIES (UK) LIMITED
Company Information
for the year ended 31 March 2023
Company Number
11898683 (England and Wales)
Registered Office
507 UPPER BRENTWOOD ROAD
ROMFORD
RM2 6LD
UNITED KINGDOM
Accountants
Confidential Accounting Management Limited
88 Corbets Tey Road
Upminster
Essex
RM14 2BA
PREMIER TYRE SUPPLIES (UK) LIMITED
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
11,901
27,578
Creditors: amounts falling due within one year
(20,954)
(23,867)
Net current (liabilities)/assets
(5,405)
3,713
Total assets less current liabilities
14,247
3,713
Creditors: amounts falling due after more than one year
(2,450)
-
Called up share capital
2
2
Profit and loss account
11,795
3,711
Shareholders' funds
11,797
3,713
For the year ending 31 March 2023 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 11 July 2023 and were signed on its behalf by
Mr R A Madden
Director
Company Registration No. 11898683
PREMIER TYRE SUPPLIES (UK) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
PREMIER TYRE SUPPLIES (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11898683. The registered office is 507 UPPER BRENTWOOD ROAD, ROMFORD, RM2 6LD, UNITED KINGDOM.
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.
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
18% Reducing Balance
Motor vehicles
18% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
2,786
20,500
23,286
At 31 March 2023
2,786
20,500
23,286
Charge for the year
251
3,383
3,634
At 31 March 2023
251
3,383
3,634
At 31 March 2023
2,535
17,117
19,652
Amounts falling due within one year
PREMIER TYRE SUPPLIES (UK) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
14,666
18,667
Taxes and social security
6,288
4,875
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).