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REGISTERED NUMBER: 05426458 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Hammonds Coaches Limited

Hammonds Coaches Limited (Registered number: 05426458)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hammonds Coaches Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: N D Hammond





REGISTERED OFFICE: 141 Glaisdale Drive
Nottingham
NG8 4GY





REGISTERED NUMBER: 05426458 (England and Wales)





ACCOUNTANTS: S J Anderson BA ACA
Tower House
Findern
Derbyshire
DE65 6AP

Hammonds Coaches Limited (Registered number: 05426458)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,156,098 860,283

CURRENT ASSETS
Debtors 5 104,226 86,909
Prepayments and accrued income 42,994 39,715
Cash at bank and in hand 169,536 24,185
316,756 150,809
CREDITORS
Amounts falling due within one year 6 588,958 452,592
NET CURRENT LIABILITIES (272,202 ) (301,783 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

883,896

558,500

CREDITORS
Amounts falling due after more than one year 7 (652,501 ) (490,586 )

PROVISIONS FOR LIABILITIES (114,942 ) (54,610 )
NET ASSETS 116,453 13,304

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 116,452 13,303
SHAREHOLDERS' FUNDS 116,453 13,304

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

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

The director acknowledges his 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.

Hammonds Coaches Limited (Registered number: 05426458)

Balance Sheet - continued
31 August 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 director and authorised for issue on 11 April 2025 and were signed by:





N D Hammond - Director


Hammonds Coaches Limited (Registered number: 05426458)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Hammonds Coaches 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor Vehicles - Coaches - 17.5% on reducing balance
Other Tangible Assets - 25% on cost

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 15 (2023 - 14 ) .

Hammonds Coaches Limited (Registered number: 05426458)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 1,498,843
Additions 642,500
Disposals (440,566 )
At 31 August 2024 1,700,777
DEPRECIATION
At 1 September 2023 638,560
Charge for year 173,282
Eliminated on disposal (267,163 )
At 31 August 2024 544,679
NET BOOK VALUE
At 31 August 2024 1,156,098
At 31 August 2023 860,283

5. DEBTORS
31.8.24 31.8.23
£    £   
Amounts falling due within one year:
Trade debtors 61,674 56,322
Other debtors 42,552 16,421
104,226 72,743

Amounts falling due after more than one year:
Other debtors - 14,166

Aggregate amounts 104,226 86,909

Hammonds Coaches Limited (Registered number: 05426458)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 12,965 37,905
Hire purchase contracts 454,434 224,660
Payments on account 31,510 40,370
Trade creditors 34,697 46,022
Amounts owed to group undertakings 5,486 12,454
Taxation and social security 8,443 25,970
Other creditors 41,423 65,211
588,958 452,592

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 634,871 490,586
Other creditors 17,630 -
652,501 490,586

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 12,965 37,905
Hire purchase contracts 1,089,305 715,246
1,102,270 753,151

9. ULTIMATE CONTROLLING PARTY

The controlling party is N D Hammond.