GRANGE TRAVEL COACH HIRE LIMITED

Company Registration Number:
09128119 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

GRANGE TRAVEL COACH HIRE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

GRANGE TRAVEL COACH HIRE LIMITED

Company Information

for the Period Ended 31 March 2024




Registered office: Grange Travel
Albion Parade
Gravesend
England
DA12 2RN
Company Registration Number: 09128119 (England and Wales)

GRANGE TRAVEL COACH HIRE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 294,877 170,429
Tangible assets: 5 9,406,090 7,228,672
Total fixed assets: 9,700,967 7,399,101
Current assets
Debtors: 888,250 857,636
Cash at bank and in hand: 553,577 278,158
Total current assets: 1,441,827 1,135,794
Creditors: amounts falling due within one year: ( 1,742,116 ) ( 1,368,668 )
Net current assets (liabilities): ( 300,289 ) ( 232,874 )
Total assets less current liabilities: 9,400,678 7,166,227
Creditors: amounts falling due after more than one year: ( 5,779,081 ) ( 5,470,926 )
Total net assets (liabilities): 3,621,597 1,695,301

The notes form part of these financial statements

GRANGE TRAVEL COACH HIRE LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 3,621,595 1,695,299
Shareholders funds: 3,621,597 1,695,301

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 November 2024
And Signed On Behalf Of The Board By:

Name: B Smith
Status: Director

The notes form part of these financial statements

GRANGE TRAVEL COACH HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to
    customers during the year.

    Tangible fixed assets depreciation policy

    Depreciation is provided by the company to write off the cost or valuation less the estimated residual value of tangible fixed
    assets by equal instalments over their estimated useful economic lives as follows:
    Motor vehicles - 15% per annum
    Equipment - 10% per annum

    Other accounting policies

    Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for corporation tax purposes. Deferred tax is not provided on timing difference arising from the revaluation of fixed assets where there is no commitment to sell the asset.

GRANGE TRAVEL COACH HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 65 45

GRANGE TRAVEL COACH HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

GRANGE TRAVEL COACH HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 April 2023 170,429
    Additions 124,448
    Disposals -
    Revaluations -
    Transfers -
    At 31 March 2024 294,877
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 March 2024 -
    Net book value
    Net book value at 31 March 2024 294,877
    Net book value at 31 March 2023 170,429

GRANGE TRAVEL COACH HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible Assets

Total
Cost £
At 01 April 2023 9,377,300
Additions 7,972,274
Disposals (5,799,208)
Revaluations -
Transfers -
At 31 March 2024 11,550,366
Depreciation
At 01 April 2023 2,148,628
Charge for year 1,274,540
On disposals (1,278,892)
Other adjustments -
At 31 March 2024 2,144,276
Net book value
At 31 March 2024 9,406,090
At 31 March 2023 7,228,672