Company Registration No. SC530009 (Scotland)
Trail Coach Ltd
Unaudited accounts
for the year ended 31 March 2024
Trail Coach Ltd
Unaudited accounts
Contents
Trail Coach Ltd
Company Information
for the year ended 31 March 2024
Director
Ramsay MacFarlane
Company Number
SC530009 (Scotland)
Registered Office
Flat 2/1
5 Dorchester Avenue
Glasgow
G12 0EG
Scotland
Accountants
Calculo Ltd
Red Tree Magenta
270 Glasgow Road
Glasgow
G73 1SA
Trail Coach Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
7,937
9,382
Cash at bank and in hand
14,448
7,869
Creditors: amounts falling due within one year
(43,279)
(46,364)
Net current assets
97,299
90,555
Called up share capital
100
1
Profit and loss account
105,136
99,936
Shareholders' funds
105,236
99,937
For the year ending 31 March 2024 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 24 July 2024 and were signed on its behalf by
Ramsay MacFarlane
Director
Company Registration No. SC530009
Trail Coach Ltd
Notes to the Accounts
for the year ended 31 March 2024
Trail Coach Ltd is a private company, limited by shares, registered in Scotland, registration number SC530009. The registered office is Flat 2/1, 5 Dorchester Avenue, Glasgow, G12 0EG, 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:
Plant & machinery
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
16,787
1,442
18,229
At 31 March 2024
17,326
1,442
18,768
At 1 April 2023
8,271
576
8,847
Charge for the year
1,811
173
1,984
At 31 March 2024
10,082
749
10,831
At 31 March 2024
7,244
693
7,937
At 31 March 2023
8,516
866
9,382
Trail Coach Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Other debtors
125,000
125,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,538
4,524
Loans from directors
41,741
41,840
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
1
Shares issued during the period:
99 Ordinary shares of £1 each
99
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).