Company Registration No. 08104281 (England and Wales)
Ormskirk Coaches & Taxis Ltd
Unaudited accounts
for the year ended 30 June 2024
Ormskirk Coaches & Taxis Ltd
Unaudited accounts
Contents
Ormskirk Coaches & Taxis Ltd
Company Information
for the year ended 30 June 2024
Directors
Mr M Anderson
Mr P Anderson
Mr L Redman
Company Number
08104281 (England and Wales)
Registered Office
42 Moor Street
Ormskirk
L39 2AQ
Accountants
My Accountancy Hub
Level One, Basecamp Liverpool
49 Jamaica Street
Liverpool
L1 0AH
Ormskirk Coaches & Taxis Ltd
Statement of financial position
as at 30 June 2024
Intangible assets
59,048
59,048
Tangible assets
22,092
22,667
Cash at bank and in hand
(33,961)
(29,459)
Creditors: amounts falling due within one year
(66,848)
(38,083)
Net current liabilities
(80,601)
(52,401)
Total assets less current liabilities
539
29,314
Creditors: amounts falling due after more than one year
(14,745)
(23,530)
Net (liabilities)/assets
(14,206)
5,784
Called up share capital
90,932
90,932
Profit and loss account
(105,138)
(85,148)
Shareholders' funds
(14,206)
5,784
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 18 July 2024 and were signed on its behalf by
Mr M Anderson
Director
Company Registration No. 08104281
Ormskirk Coaches & Taxis Ltd
Notes to the Accounts
for the year ended 30 June 2024
Ormskirk Coaches & Taxis Ltd is a private company, limited by shares, registered in England and Wales, registration number 08104281. The registered office is 42 Moor Street, Ormskirk, L39 2AQ.
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
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
4
Intangible fixed assets
Other
Ormskirk Coaches & Taxis Ltd
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
19,834
5,356
21,317
1,286
47,793
At 30 June 2024
19,834
5,356
21,317
1,286
47,793
At 1 July 2023
-
4,271
19,822
1,033
25,126
Charge for the year
-
163
374
38
575
At 30 June 2024
-
4,434
20,196
1,071
25,701
At 30 June 2024
19,834
922
1,121
215
22,092
At 30 June 2023
19,834
1,085
1,495
253
22,667
Amounts falling due within one year
Trade debtors
18,394
14,852
Accrued income and prepayments
1,814
289
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,700
10,200
Taxes and social security
1,049
1,125
Other creditors
11,960
10,066
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 12 (2023: 12).