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REGISTERED NUMBER: 04252279 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

C & G COACH SERVICES LIMITED

C & G COACH SERVICES LIMITED (REGISTERED NUMBER: 04252279)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C & G COACH SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mrs C L Mansell
R A L Day





REGISTERED OFFICE: Honeysome Lodge
Honeysome Road
Chatteris
Cambridgeshire
PE16 6SB





REGISTERED NUMBER: 04252279 (England and Wales)





ACCOUNTANTS: Hackett Griffey LLP
Chartered Certified Accountants
31 High Street
Haverhill
Suffolk
CB9 8AD

C & G COACH SERVICES LIMITED (REGISTERED NUMBER: 04252279)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 681,475 645,866
681,475 645,866

CURRENT ASSETS
Stocks 3,864 5,706
Debtors 6 272,047 229,769
Cash at bank and in hand 201,184 207,905
477,095 443,380
CREDITORS
Amounts falling due within one year 7 415,140 384,035
NET CURRENT ASSETS 61,955 59,345
TOTAL ASSETS LESS CURRENT
LIABILITIES

743,430

705,211

CREDITORS
Amounts falling due after more than one
year

8

(230,325

)

(244,004

)

PROVISIONS FOR LIABILITIES (170,128 ) (122,520 )
NET ASSETS 342,977 338,687

CAPITAL AND RESERVES
Called up share capital 80 85
Capital redemption reserve 20 15
Retained earnings 342,877 338,587
SHAREHOLDERS' FUNDS 342,977 338,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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

C & G COACH SERVICES LIMITED (REGISTERED NUMBER: 04252279)

BALANCE SHEET - continued
30 APRIL 2024


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 Income Statement has not been delivered.

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




Mrs C L Mansell - Director



R A L Day - Director


C & G COACH SERVICES LIMITED (REGISTERED NUMBER: 04252279)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

C & G Coach Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, has been amortised evenly over its estimated useful life of five 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 cost
Vehicle fleet - 10% on cost

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 Income Statement, 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.

C & G COACH SERVICES LIMITED (REGISTERED NUMBER: 04252279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 31 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 30,000
AMORTISATION
At 1 May 2023
and 30 April 2024 30,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Vehicle
machinery fleet Totals
£    £    £   
COST
At 1 May 2023 48,877 917,666 966,543
Additions 39,200 191,290 230,490
Disposals - (193,500 ) (193,500 )
At 30 April 2024 88,077 915,456 1,003,533
DEPRECIATION
At 1 May 2023 24,328 296,349 320,677
Charge for year 18,377 88,961 107,338
Eliminated on disposal - (105,957 ) (105,957 )
At 30 April 2024 42,705 279,353 322,058
NET BOOK VALUE
At 30 April 2024 45,372 636,103 681,475
At 30 April 2023 24,549 621,317 645,866

C & G COACH SERVICES LIMITED (REGISTERED NUMBER: 04252279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 131,687 96,005
Other debtors 140,360 133,764
272,047 229,769

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 21,111 30,000
Hire purchase contracts 105,947 105,288
Trade creditors 192,553 165,132
Taxation and social security 32,359 18,658
Other creditors 63,170 64,957
415,140 384,035

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 24,630 65,000
Hire purchase contracts 167,134 158,484
Other creditors 38,561 20,520
230,325 244,004

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 45,741 95,000
Hire purchase contracts 273,081 263,772
318,822 358,772

Bank and credit card borrowings are secured by a charge over the assets of the company.

Hire purchase liabilities are secured by a charge over the asset concerned.

10. OTHER FINANCIAL COMMITMENTS

The total amount of operating lease commitments is £nil.