1 March 2023 false No description of principal activity Taxfiler 2024.6 10633234business:PrivateLimitedCompanyLtd2023-03-012024-02-29 106332342023-02-28 106332342023-03-012024-02-29 10633234business:AuditExemptWithAccountantsReport2023-03-012024-02-29 10633234business:FilletedAccounts2023-03-012024-02-29 106332342024-02-29 10633234business:Director12023-03-012024-02-29 10633234business:RegisteredOffice2023-03-012024-02-29 106332342023-02-28 10633234core:WithinOneYear2024-02-29 10633234core:WithinOneYear2023-02-28 10633234core:AfterOneYear2024-02-29 10633234core:AfterOneYear2023-02-28 10633234core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10633234core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10633234core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10633234core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10633234core:PreviouslyStatedAmount2024-02-29 10633234core:PreviouslyStatedAmount2023-02-28 10633234business:SmallEntities2023-03-012024-02-29 10633234countries:EnglandWales2023-03-012024-02-29 10633234core:MotorVehicles2023-03-012024-02-29 10633234core:MotorVehicles2023-02-28 10633234core:MotorVehicles2024-02-29 106332342022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10633234 (England and Wales)
KTL COACHES LIMITED Unaudited accounts for the year ended 29 February 2024
KTL COACHES LIMITED Unaudited accounts Contents
Page
- 2 -
KTL COACHES LIMITED Company Information for the year ended 29 February 2024
Director
Mr. Humayuan Javed
Company Number
10633234 (England and Wales)
Registered Office
05 Westwick Place Watford WD25 0FD England
Accountants
G&S ACCOUNTANTS LIMITED First Floor, Victoria House Victoria Street High Wycombe, Bucks England, United Kingdom HP11 2LU
- 3 -
KTL COACHES LIMITED Accountants' report
Accountants' report to the director of KTL COACHES LIMITED on the preparation of the unaudited statutory accounts for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KTL COACHES LIMITED for the year ended 29 February 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of KTL COACHES LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of KTL COACHES LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KTL COACHES LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that KTL COACHES LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of KTL COACHES LIMITED. You consider that KTL COACHES LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of KTL COACHES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
G&S ACCOUNTANTS LIMITED First Floor, Victoria House Victoria Street High Wycombe, Bucks England, United Kingdom HP11 2LU 25 July 2024
- 4 -
KTL COACHES LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
103,457 
72,338 
Current assets
Cash at bank and in hand
60,927 
59,775 
Creditors: amounts falling due within one year
(9,359)
(54,436)
Net current assets
51,568 
5,339 
Total assets less current liabilities
155,025 
77,677 
Creditors: amounts falling due after more than one year
(45,293)
(35,428)
Net assets
109,732 
42,249 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
109,632 
42,149 
Shareholders' funds
109,732 
42,249 
For the year ending 29 February 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 26 November 2024 and were signed on its behalf by
Mr. Humayuan Javed Director Company Registration No. 10633234
- 5 -
KTL COACHES LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
KTL COACHES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10633234. The registered office is 05 Westwick Place, Watford, WD25 0FD, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
20%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
126,199 
Additions
56,983 
At 29 February 2024
183,182 
Depreciation
At 1 March 2023
53,861 
Charge for the year
25,864 
At 29 February 2024
79,725 
Net book value
At 29 February 2024
103,457 
At 28 February 2023
72,338 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
24,227 
Taxes and social security
- 
8,612 
Other creditors
9,359 
21,597 
9,359 
54,436 
- 6 -
KTL COACHES LIMITED Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
35,428 
Other creditors
45,293 
- 
45,293 
35,428 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 7 -