SILVER FOX COACHES LIMITED

Company Registration Number:
SC050853 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SILVER FOX COACHES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SILVER FOX COACHES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 613,127 466,575
Total fixed assets: 613,127 466,575
Current assets
Stocks: 3,700 4,550
Debtors:   24,526 15,647
Cash at bank and in hand: 225,697 217,256
Total current assets: 253,923 237,453
Creditors: amounts falling due within one year:   (153,082) (130,627)
Net current assets (liabilities): 100,841 106,826
Total assets less current liabilities: 713,968 573,401
Creditors: amounts falling due after more than one year:   (216,904) (173,571)
Total net assets (liabilities): 497,064 399,830
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 487,064 389,830
Shareholders funds: 497,064 399,830

The notes form part of these financial statements

SILVER FOX COACHES LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 April 2024
and signed on behalf of the board by:

Name: DAVID AZHAR
Status: Director

The notes form part of these financial statements

SILVER FOX COACHES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SILVER FOX COACHES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 13 14

SILVER FOX COACHES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 1,010,826
Additions 235,000
Disposals (26,831)
At 31 December 2023 1,218,995
Depreciation
At 01 January 2023 544,251
Charge for year 83,608
On disposals (21,991)
At 31 December 2023 605,868
Net book value
At 31 December 2023 613,127
At 31 December 2022 466,575