Company Registration No. 13063362 (England and Wales)
SAM'S TYRES LTD
Unaudited accounts
for the year ended 31 December 2022
SAM'S TYRES LTD
Unaudited accounts
Contents
SAM'S TYRES LTD
Company Information
for the year ended 31 December 2022
Company Number
13063362 (England and Wales)
Registered Office
GLANAVON GARAGE SNATCHWOOD ROAD
ABERSYCHAN
PONTYPOOL
NP4 7BT
WALES
Accountants
Paragon Accountants and Tax Advisors Ltd
93 Brynglas Road
Newport
NP20 5QW
SAM'S TYRES LTD
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
676
Creditors: amounts falling due within one year
(9,521)
Total assets less current liabilities
30,441
Creditors: amounts falling due after more than one year
(11,639)
Called up share capital
100
Profit and loss account
18,702
Shareholders' funds
18,802
For the year ending 31 December 2022 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 30 September 2023 and were signed on its behalf by
Wahed Alizada
Director
Company Registration No. 13063362
SAM'S TYRES LTD
Notes to the Accounts
for the year ended 31 December 2022
SAM'S TYRES LTD is a private company, limited by shares, registered in England and Wales, registration number 13063362. The registered office is GLANAVON GARAGE SNATCHWOOD ROAD, ABERSYCHAN, PONTYPOOL, NP4 7BT, WALES.
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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:
4
Tangible fixed assets
Plant & machinery
At 31 December 2022
20,982
At 31 December 2022
16,786
5
Creditors: amounts falling due within one year
2022
Taxes and social security
3,894
SAM'S TYRES LTD
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due after more than one year
2022
Loans from directors
11,639
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Average number of employees
During the year the average number of employees was 1.