IRIS Accounts Production v23.4.0.336 04380549 director 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh043805492022-06-30043805492023-06-30043805492022-07-012023-06-30043805492021-06-30043805492021-07-012022-06-30043805492022-06-3004380549ns15:EnglandWales2022-07-012023-06-3004380549ns14:PoundSterling2022-07-012023-06-3004380549ns10:Director12022-07-012023-06-3004380549ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3004380549ns10:SmallEntities2022-07-012023-06-3004380549ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3004380549ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3004380549ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3004380549ns10:FullAccounts2022-07-012023-06-3004380549ns10:RegisteredOffice2022-07-012023-06-3004380549ns5:CurrentFinancialInstruments2023-06-3004380549ns5:CurrentFinancialInstruments2022-06-3004380549ns5:Non-currentFinancialInstruments2023-06-3004380549ns5:Non-currentFinancialInstruments2022-06-3004380549ns5:ShareCapital2023-06-3004380549ns5:ShareCapital2022-06-3004380549ns5:RetainedEarningsAccumulatedLosses2023-06-3004380549ns5:RetainedEarningsAccumulatedLosses2022-06-3004380549ns5:PlantMachinery2022-07-012023-06-3004380549ns5:PlantMachinery2022-06-3004380549ns5:PlantMachinery2023-06-3004380549ns5:PlantMachinery2022-06-3004380549ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3004380549ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: 04380549 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

KING HARRY COACHES LIMITED

KING HARRY COACHES LIMITED (REGISTERED NUMBER: 04380549)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KING HARRY COACHES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: D Rundell



REGISTERED OFFICE: 61 Dracaena Avenue
FALMOUTH
Cornwall
TR11 2EL



REGISTERED NUMBER: 04380549 (England and Wales)



ACCOUNTANTS: Lang Bennetts
Chartered Accountants
The Old Carriage Works
Moresk Road
TRURO
Cornwall
TR1 1DG



BANKERS: Barclays Bank plc
6 Killigrew Street
Falmouth
Cornwall
TR11 3RD

KING HARRY COACHES LIMITED (REGISTERED NUMBER: 04380549)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 430 578

CURRENT ASSETS
Stocks 6 4,000 4,000
Debtors 7 687 386
Cash at bank and in hand 11,268 8,889
15,955 13,275
CREDITORS
Amounts falling due within one year 8 11,625 10,750
NET CURRENT ASSETS 4,330 2,525
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,760

3,103

CREDITORS
Amounts falling due after more than one year 9 (6,723 ) (13,774 )

PROVISIONS FOR LIABILITIES (82 ) (110 )
NET LIABILITIES (2,045 ) (10,781 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,145 ) (10,881 )
SHAREHOLDERS' FUNDS (2,045 ) (10,781 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

KING HARRY COACHES LIMITED (REGISTERED NUMBER: 04380549)

BALANCE SHEET - continued
30 JUNE 2023


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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 March 2024 and were signed by:





D Rundell - Director


KING HARRY COACHES LIMITED (REGISTERED NUMBER: 04380549)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

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

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The accounts are prepared on a going concern basis. The company director is the significant creditor and he has given his full support to the company for the foreseeable future.

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

Revenue for provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue and costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured using a percentage of completion method.

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 etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

KING HARRY COACHES LIMITED (REGISTERED NUMBER: 04380549)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 11,039
DEPRECIATION
At 1 July 2022 10,461
Charge for year 148
At 30 June 2023 10,609
NET BOOK VALUE
At 30 June 2023 430
At 30 June 2022 578

6. STOCKS
2023 2022
£    £   
Stocks 4,000 4,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 687 386

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 2,640 1,445
Other creditors 8,985 9,305
11,625 10,750

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 6,723 13,774

KING HARRY COACHES LIMITED (REGISTERED NUMBER: 04380549)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

10. RELATED PARTY DISCLOSURES

The company is controlled by its director, Mr D Rundell, who owns 100% of the ordinary share capital.

At the year end, the company owed £3,433 (2022: £8,633) to Mr D Rundell, director.