Company Registration No. 13249824 (England and Wales)
Train and Coach Limited
Unaudited accounts
for the year ended 31 March 2023
Train and Coach Limited
Unaudited accounts
Contents
Train and Coach Limited
Company Information
for the year ended 31 March 2023
Company Number
13249824 (England and Wales)
Registered Office
C/O Lime Corporate Finance Ltd Embassy
Stanwell Road
Penarth
Vale of Glamorgan
CF64 2AA
Wales
Accountants
Cadre Advisory Ltd
Embassy Offices, Stangate House
Stanwell Road
Penarth
CF64 2AA
Train and Coach Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
759
536
Creditors: amounts falling due within one year
(92,382)
(43,740)
Net current liabilities
(91,623)
(43,204)
Net liabilities
(91,623)
(43,204)
Called up share capital
100
-
Profit and loss account
(91,723)
(43,204)
Shareholders' funds
(91,623)
(43,204)
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 5 October 2023 and were signed on its behalf by
Steven Zoghob
Director
Company Registration No. 13249824
Train and Coach Limited
Notes to the Accounts
for the year ended 31 March 2023
Train and Coach Limited is a private company, limited by shares, registered in England and Wales, registration number 13249824. The registered office is C/O Lime Corporate Finance Ltd Embassy, Stanwell Road, Penarth, Vale of Glamorgan, CF64 2AA, Wales.
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.
In preparing the financial statements, the directors have considered the current financial position and have also assessed the financial future of the business. The directors have concluded that it is appropriate to prepare the financial statements on a going concern basis. In forming this conclusion, the directors have considered the company's net assets and the profit reported in the current financial year. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and to meet its financial obligations as they fall due. Accordingly, the directors continue to adopt the going concern basis in preparing the annual report and accounts.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,850
1,231
Amounts owed to group undertakings and other participating interests
68,222
12,042
Taxes and social security
17,886
12,126
Loans from directors
4,160
-
5
Average number of employees
During the year the average number of employees was 4 (2022: 4).