Company Registration No. SC633924 (Scotland)
Safecoach Limited
Unaudited accounts
for the year ended 30 June 2023
Safecoach Limited
Unaudited accounts
Contents
Safecoach Limited
Company Information
for the year ended 30 June 2023
Director
William Darren Watson Pole
Company Number
SC633924 (Scotland)
Registered Office
26 LIMECRAIGS CRESCENT
PAISLEY
PA2 8RF
SCOTLAND
Safecoach Limited
Statement of financial position
as at 30 June 2023
Tangible assets
36,247
48,330
Cash at bank and in hand
16,160
35,735
Creditors: amounts falling due within one year
(26,316)
(20,475)
Net current assets
39,844
15,260
Called up share capital
1
1
Profit and loss account
76,090
63,589
Shareholders' funds
76,091
63,590
For the year ending 30 June 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 4 March 2024 and were signed on its behalf by
William Darren Watson Pole
Director
Company Registration No. SC633924
Safecoach Limited
Notes to the Accounts
for the year ended 30 June 2023
Safecoach Limited is a private company, limited by shares, registered in Scotland, registration number SC633924. The registered office is 26 LIMECRAIGS CRESCENT, PAISLEY, PA2 8RF, SCOTLAND.
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.
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:
Motor vehicles
Vehicles are depreciated at 25% per annum
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
74,588
736
75,324
At 30 June 2023
74,588
736
75,324
At 1 July 2022
26,810
184
26,994
Charge for the year
11,945
138
12,083
At 30 June 2023
38,755
322
39,077
At 30 June 2023
35,833
414
36,247
At 30 June 2022
47,778
552
48,330
Amounts falling due within one year
Safecoach Limited
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
21,240
13,609
Loans from directors
2,146
2,146
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).