1 April 2017 false No description of principal activity Taxfiler 2018.19.Web 07202077business:PrivateLimitedCompanyLtd2017-04-012018-03-31 072020772017-03-31 072020772017-04-012018-03-31 07202077business:AuditExempt-NoAccountantsReport2017-04-012018-03-31 07202077business:FullAccounts2017-04-012018-03-31 072020772018-03-31 07202077business:Director12017-04-012018-03-31 07202077business:Director22017-04-012018-03-31 07202077business:RegisteredOffice2017-04-012018-03-31 072020772017-03-31 07202077core:WithinOneYear2018-03-31 07202077core:WithinOneYear2017-03-31 07202077core:SharePremium2018-03-31 07202077core:SharePremium2017-03-31 07202077core:RetainedEarningsAccumulatedLosses2018-03-31 07202077core:RetainedEarningsAccumulatedLosses2017-03-31 07202077business:SmallEntities2017-04-012018-03-31 07202077countries:EnglandWales2017-04-012018-03-31 07202077core:PlantMachinery2017-04-012018-03-31 07202077core:MotorVehicles2017-04-012018-03-31 07202077core:FurnitureFittings2017-04-012018-03-31 07202077core:PlantMachinery2017-03-31 07202077core:MotorVehicles2017-03-31 07202077core:FurnitureFittings2017-03-31 07202077core:PlantMachinery2018-03-31 07202077core:MotorVehicles2018-03-31 07202077core:FurnitureFittings2018-03-31 072020772016-04-012017-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07202077 (England and Wales)
A AND D TYRES LTD. Unaudited accounts for the year ended 31 March 2018
A AND D TYRES LTD. Unaudited accounts Contents
Page
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A AND D TYRES LTD. Company Information for the year ended 31 March 2018
Directors
Anna Louise Hughes Morris David Hywel Morris
Company Number
07202077 (England and Wales)
Registered Office
Ty Gwyn Isaf Llanbadarn Fawr Aberystwyth Ceredigion SY23 3HJ UK
Accountants
Llywela Thomas Bookkeeping The Cambria Marine Terrace Aberystwyth Ceredigion SY23 2AZ
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A AND D TYRES LTD. Statement of financial position as at 31 March 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Tangible assets
61,122 
43,382 
Current assets
Inventories
63,592 
40,000 
Debtors
124,719 
117,559 
Cash at bank and in hand
81,106 
84,162 
269,417 
241,721 
Creditors: amounts falling due within one year
(204,580)
(177,342)
Net current assets
64,837 
64,379 
Net assets
125,959 
107,761 
Capital and reserves
Share premium
200 
200 
Profit and loss account
125,759 
107,561 
Shareholders' funds
125,959 
107,761 
For the year ending 31 March 2018 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 directors acknowledge their 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.
Approved by the Board on 28 December 2018.
Anna Louise Hughes Morris Director Company Registration No. 07202077
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A AND D TYRES LTD. Notes to the Accounts for the year ended 31 March 2018
1
Statutory information
A AND D TYRES LTD. is a private company, limited by shares, registered in England and Wales, registration number 07202077. The registered office is Ty Gwyn Isaf, Llanbadarn Fawr, Aberystwyth, Ceredigion, SY23 3HJ, UK.
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
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.
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.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of value Added Tax.
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%
Motor vehicles
18%
Fixtures & fittings
18%
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A AND D TYRES LTD. Notes to the Accounts for the year ended 31 March 2018
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2017
18,624 
86,729 
37,514 
142,867 
Additions
9,291 
37,105 
15,212 
61,608 
Disposals
- 
(20,250)
- 
(20,250)
At 31 March 2018
27,915 
103,584 
52,726 
184,225 
Depreciation
At 1 April 2017
18,624 
46,267 
34,594 
99,485 
Charge for the year
4,645 
15,710 
3,263 
23,618 
At 31 March 2018
23,269 
61,977 
37,857 
123,103 
Net book value
At 31 March 2018
4,646 
41,607 
14,869 
61,122 
At 31 March 2017
- 
40,462 
2,920 
43,382 
5
Inventories
2018 
2017 
£ 
£ 
Raw materials
63,592 
40,000 
63,592 
40,000 
6
Debtors
2018 
2017 
£ 
£ 
Trade debtors
124,102 
117,559 
Accrued income and prepayments
617 
- 
124,719 
117,559 
7
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Trade creditors
154,464 
166,909 
Taxes and social security
23,747 
10,433 
Proposed dividends
26,000 
- 
Accruals
369 
- 
204,580 
177,342 
8
Average number of employees
During the year the average number of employees was 8 (2017: 8).
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