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REGISTERED NUMBER: SC374155 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

CALEDONIAN COACHES LIMITED

CALEDONIAN COACHES LIMITED (REGISTERED NUMBER: SC374155)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CALEDONIAN COACHES LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2022







DIRECTOR: Howard Alan Berriman





REGISTERED OFFICE: c/o Abacus Services
Abacus Building,
8 High Street
OBAN
Argyll
PA34 4BG





REGISTERED NUMBER: SC374155 (Scotland)





ACCOUNTANTS: R A Clement Associates
5 Argyll Square
OBAN
Argyll
PA34 4AZ

CALEDONIAN COACHES LIMITED (REGISTERED NUMBER: SC374155)

BALANCE SHEET
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 63,048 37,966

CURRENT ASSETS
Debtors 5 35,243 24,307
Cash at bank 21,967 13,328
57,210 37,635
CREDITORS
Amounts falling due within one year 6 39,427 41,012
NET CURRENT ASSETS/(LIABILITIES) 17,783 (3,377 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,831

34,589

CREDITORS
Amounts falling due after more than one
year

7

(24,527

)

(3,889

)

PROVISIONS FOR LIABILITIES (10,616 ) (4,904 )
NET ASSETS 45,688 25,796

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 45,588 25,696
SHAREHOLDERS' FUNDS 45,688 25,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CALEDONIAN COACHES LIMITED (REGISTERED NUMBER: SC374155)

BALANCE SHEET - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 September 2022 and were signed by:





Howard Alan Berriman - Director


CALEDONIAN COACHES LIMITED (REGISTERED NUMBER: SC374155)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2022

1. STATUTORY INFORMATION

Caledonian Coaches Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 10% on cost
Plant and machinery - 20% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 5 ) .

CALEDONIAN COACHES LIMITED (REGISTERED NUMBER: SC374155)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 April 2021 2,187 181,645 1,450 185,282
Additions - 40,845 - 40,845
At 31 March 2022 2,187 222,490 1,450 226,127
DEPRECIATION
At 1 April 2021 1,095 144,771 1,450 147,316
Charge for year 219 15,544 - 15,763
At 31 March 2022 1,314 160,315 1,450 163,079
NET BOOK VALUE
At 31 March 2022 873 62,175 - 63,048
At 31 March 2021 1,092 36,874 - 37,966

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 April 2021
and 31 March 2022 79,195
DEPRECIATION
At 1 April 2021 53,012
Charge for year 5,237
At 31 March 2022 58,249
NET BOOK VALUE
At 31 March 2022 20,946
At 31 March 2021 26,183

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 28,836 24,307
Other debtors 6,407 -
35,243 24,307

CALEDONIAN COACHES LIMITED (REGISTERED NUMBER: SC374155)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 11,282 8,694
Taxation and social security 16,155 19,783
Other creditors 11,990 12,535
39,427 41,012

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Hire purchase contracts 24,527 3,889

8. ULTIMATE CONTROLLING PARTY

The Company is controlled by Mr H A Berriman.