IRIS Accounts Production v24.1.0.578 05039885 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 A Ordinary 1.00000 B Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050398852023-03-31050398852024-03-31050398852023-04-012024-03-31050398852022-03-31050398852022-04-012023-03-31050398852023-03-3105039885ns15:EnglandWales2023-04-012024-03-3105039885ns14:PoundSterling2023-04-012024-03-3105039885ns10:Director12023-04-012024-03-3105039885ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105039885ns10:SmallEntities2023-04-012024-03-3105039885ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105039885ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105039885ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105039885ns10:FullAccounts2023-04-012024-03-310503988512023-04-012024-03-3105039885ns10:OrdinaryShareClass12023-04-012024-03-3105039885ns10:OrdinaryShareClass22023-04-012024-03-3105039885ns10:OrdinaryShareClass32023-04-012024-03-3105039885ns10:Director22023-04-012024-03-3105039885ns10:RegisteredOffice2023-04-012024-03-3105039885ns5:CurrentFinancialInstruments2024-03-3105039885ns5:CurrentFinancialInstruments2023-03-3105039885ns5:ShareCapital2024-03-3105039885ns5:ShareCapital2023-03-3105039885ns5:RetainedEarningsAccumulatedLosses2024-03-3105039885ns5:RetainedEarningsAccumulatedLosses2023-03-3105039885ns5:NetGoodwill2023-04-012024-03-3105039885ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3105039885ns5:PlantMachinery2023-04-012024-03-3105039885ns5:MotorVehicles2023-04-012024-03-3105039885ns5:ComputerEquipment2023-04-012024-03-3105039885ns5:NetGoodwill2023-03-3105039885ns5:NetGoodwill2024-03-3105039885ns5:NetGoodwill2023-03-3105039885ns5:PlantMachinery2023-03-3105039885ns5:MotorVehicles2023-03-3105039885ns5:ComputerEquipment2023-03-3105039885ns5:PlantMachinery2024-03-3105039885ns5:MotorVehicles2024-03-3105039885ns5:ComputerEquipment2024-03-3105039885ns5:PlantMachinery2023-03-3105039885ns5:MotorVehicles2023-03-3105039885ns5:ComputerEquipment2023-03-3105039885ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3105039885ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3105039885ns5:DeferredTaxation2023-03-3105039885ns5:DeferredTaxation2023-04-012024-03-3105039885ns5:DeferredTaxation2024-03-3105039885ns10:OrdinaryShareClass12024-03-3105039885ns10:OrdinaryShareClass22024-03-3105039885ns10:OrdinaryShareClass32024-03-31
REGISTERED NUMBER: 05039885 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

D.C. COACHWORKS LIMITED

D.C. COACHWORKS LIMITED (REGISTERED NUMBER: 05039885)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


D.C. COACHWORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr S M Utting
Mr P N Utting





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 05039885 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

D.C. COACHWORKS LIMITED (REGISTERED NUMBER: 05039885)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 31,207 4,719
31,207 4,719

CURRENT ASSETS
Stocks 6 11,151 4,810
Debtors 7 61,291 24,064
Cash at bank 16,840 38,983
89,282 67,857
CREDITORS
Amounts falling due within one year 8 100,300 64,820
NET CURRENT (LIABILITIES)/ASSETS (11,018 ) 3,037
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,189

7,756

PROVISIONS FOR LIABILITIES 9 6,003 896
NET ASSETS 14,186 6,860

CAPITAL AND RESERVES
Called up share capital 10 150 150
Retained earnings 14,036 6,710
SHAREHOLDERS' FUNDS 14,186 6,860

D.C. COACHWORKS LIMITED (REGISTERED NUMBER: 05039885)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:





Mr S M Utting - Director


D.C. COACHWORKS LIMITED (REGISTERED NUMBER: 05039885)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

D.C. Coachworks 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. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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. The financial statements have been prepared under the historical cost convention.

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

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


D.C. COACHWORKS LIMITED (REGISTERED NUMBER: 05039885)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 April 2023
and 31 March 2024 15,000
Amortisation
At 1 April 2023
and 31 March 2024 15,000
Net book value
At 31 March 2024 -
At 31 March 2023 -

D.C. COACHWORKS LIMITED (REGISTERED NUMBER: 05039885)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 April 2023 13,332 12,625 1,235 27,192
Additions - 28,436 - 28,436
At 31 March 2024 13,332 41,061 1,235 55,628
Depreciation
At 1 April 2023 9,756 11,482 1,235 22,473
Charge for year 894 1,054 - 1,948
At 31 March 2024 10,650 12,536 1,235 24,421
Net book value
At 31 March 2024 2,682 28,525 - 31,207
At 31 March 2023 3,576 1,143 - 4,719

6. STOCKS
31.3.24 31.3.23
£    £   
Stocks 500 500
Work-in-progress 10,651 4,310
11,151 4,810

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 61,291 24,064

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,629 3,360
Taxation and social security 40,150 32,982
Other creditors 56,521 28,478
100,300 64,820

9. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 6,003 896

D.C. COACHWORKS LIMITED (REGISTERED NUMBER: 05039885)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 896
Provided during year 5,107
Balance at 31 March 2024 6,003

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
51 Ordinary £1 51 51
49 A Ordinary £1 49 49
50 B Ordinary £1 50 50
150 150