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REGISTERED NUMBER: SC352073 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

R.b. Coaches Limited

R.b. Coaches Limited (Registered number: SC352073)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R.b. Coaches Limited

Company Information
for the Year Ended 31 December 2021







DIRECTOR: R Bryans



REGISTERED OFFICE: 38 Sutherland Drive
Denny
Stirlingshire
FK6 5ER



REGISTERED NUMBER: SC352073 (Scotland)



ACCOUNTANTS: Peter Deans Chartered Accountants
42 Stirling Street
Denny
Stirlingshire
FK6 6DJ



BANKERS: The Royal Bank of Scotland
32 Glasgow Road
Denny
Stirlingshire
FK6 6AY

R.b. Coaches Limited (Registered number: SC352073)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,417 6,609

CURRENT ASSETS
Debtors 5 15,445 8,992
Cash at bank 40,683 30,618
56,128 39,610
CREDITORS
Amounts falling due within one year 6 40,194 44,429
NET CURRENT ASSETS/(LIABILITIES) 15,934 (4,819 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,351

1,790

PROVISIONS FOR LIABILITIES 7 478 1,275
NET ASSETS 17,873 515

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 17,872 514
SHAREHOLDERS' FUNDS 17,873 515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

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 25 August 2022 and were signed by:





R Bryans - Director


R.b. Coaches Limited (Registered number: SC352073)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

R.b. 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.
Plant and machinery - 25% on cost
Motor vehicles - at variable rates 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 2 ) .

R.b. Coaches Limited (Registered number: SC352073)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2021 7,228 5,349 12,577
Disposals - (5,000 ) (5,000 )
At 31 December 2021 7,228 349 7,577
DEPRECIATION
At 1 January 2021 3,191 2,777 5,968
Charge for year 1,807 258 2,065
Eliminated on disposal - (2,873 ) (2,873 )
At 31 December 2021 4,998 162 5,160
NET BOOK VALUE
At 31 December 2021 2,230 187 2,417
At 31 December 2020 4,037 2,572 6,609

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 684 5,636
Other debtors 14,761 3,356
15,445 8,992

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade creditors 31 -
Taxation and social security 9,124 13,407
Other creditors 31,039 31,022
40,194 44,429

7. PROVISIONS FOR LIABILITIES
31.12.21 31.12.20
£    £   
Deferred tax 478 1,275

Deferred
tax
£   
Balance at 1 January 2021 1,275
Accelerated capital allowances (797 )
Balance at 31 December 2021 478

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
1 Ordinary £1 1 1

R.b. Coaches Limited (Registered number: SC352073)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

9. RESERVES
Retained
earnings
£   

At 1 January 2021 514
Profit for the year 20,958
Dividends (3,600 )
At 31 December 2021 17,872

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2021 and 31 December 2020:

31.12.21 31.12.20
£    £   
R Bryans
Balance outstanding at start of year 2,360 -
Amounts advanced 14,760 2,360
Amounts repaid (2,360 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,760 2,360

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £3,600 were paid to the director .

12. ULTIMATE CONTROLLING PARTY

The company was under the control of R Bryans during the period. R Bryans is the sole director and shareholder.