SILVER FOX COACHES LIMITED

Company Registration Number:
SC050853 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SILVER FOX COACHES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SILVER FOX COACHES LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 674,064 613,127
Total fixed assets: 674,064 613,127
Current assets
Stocks: 3,600 3,700
Debtors:   11,784 24,526
Cash at bank and in hand: 247,027 225,697
Total current assets: 262,411 253,923
Creditors: amounts falling due within one year:   (173,331) (153,082)
Net current assets (liabilities): 89,080 100,841
Total assets less current liabilities: 763,144 713,968
Creditors: amounts falling due after more than one year:   (168,819) (216,904)
Total net assets (liabilities): 594,325 497,064
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 584,325 487,064
Shareholders funds: 594,325 497,064

The notes form part of these financial statements

SILVER FOX COACHES LIMITED

Balance sheet statements

For the year ending 31 December 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 May 2025
and signed on behalf of the board by:

Name: DAVID AZHAR
Status: Director

The notes form part of these financial statements

SILVER FOX COACHES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and VAT.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

SILVER FOX COACHES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 10 13

SILVER FOX COACHES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,218,995
Additions 154,000
Disposals (2,800)
At 31 December 2024 1,370,195
Depreciation
At 01 January 2024 605,868
Charge for year 91,918
On disposals (1,655)
At 31 December 2024 696,131
Net book value
At 31 December 2024 674,064
At 31 December 2023 613,127