IRIS Accounts Production v25.1.3.33 05422831 Board of Directors 1.8.23 30.7.24 30.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh054228312023-07-31054228312024-07-30054228312023-08-012024-07-30054228312022-07-31054228312022-08-012023-07-31054228312023-07-3105422831ns15:EnglandWales2023-08-012024-07-3005422831ns14:PoundSterling2023-08-012024-07-3005422831ns10:Director12023-08-012024-07-3005422831ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3005422831ns10:SmallEntities2023-08-012024-07-3005422831ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3005422831ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3005422831ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3005422831ns10:FullAccounts2023-08-012024-07-300542283112023-08-012024-07-3005422831ns10:Director22023-08-012024-07-3005422831ns10:RegisteredOffice2023-08-012024-07-3005422831ns5:CurrentFinancialInstruments2024-07-3005422831ns5:CurrentFinancialInstruments2023-07-3105422831ns5:Non-currentFinancialInstruments2024-07-3005422831ns5:Non-currentFinancialInstruments2023-07-3105422831ns5:ShareCapital2024-07-3005422831ns5:ShareCapital2023-07-3105422831ns5:RevaluationReserve2024-07-3005422831ns5:RevaluationReserve2023-07-3105422831ns5:RetainedEarningsAccumulatedLosses2024-07-3005422831ns5:RetainedEarningsAccumulatedLosses2023-07-3105422831ns5:NetGoodwill2023-08-012024-07-3005422831ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3005422831ns5:LongLeaseholdAssetsns5:LandBuildings2023-08-012024-07-3005422831ns5:PlantMachinery2023-08-012024-07-3005422831ns5:FurnitureFittings2023-08-012024-07-3005422831ns5:MotorVehicles2023-08-012024-07-3005422831ns5:ComputerEquipment2023-08-012024-07-3005422831ns5:NetGoodwill2023-07-3105422831ns5:NetGoodwill2024-07-3005422831ns5:NetGoodwill2023-07-3105422831ns5:LongLeaseholdAssetsns5:LandBuildings2023-07-3105422831ns5:PlantMachinery2023-07-3105422831ns5:FurnitureFittings2023-07-3105422831ns5:LongLeaseholdAssetsns5:LandBuildings2024-07-3005422831ns5:PlantMachinery2024-07-3005422831ns5:FurnitureFittings2024-07-3005422831ns5:LongLeaseholdAssetsns5:LandBuildings2023-07-3105422831ns5:PlantMachinery2023-07-3105422831ns5:FurnitureFittings2023-07-3105422831ns5:MotorVehicles2023-07-3105422831ns5:ComputerEquipment2023-07-3105422831ns5:MotorVehicles2024-07-3005422831ns5:ComputerEquipment2024-07-3005422831ns5:MotorVehicles2023-07-3105422831ns5:ComputerEquipment2023-07-3105422831ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3005422831ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3105422831ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-07-3005422831ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-07-3105422831ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-07-3005422831ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-07-3105422831ns5:DeferredTaxation2023-07-3105422831ns5:DeferredTaxation2023-08-012024-07-3005422831ns5:DeferredTaxation2024-07-3005422831ns5:RevaluationReserve2023-07-31
REGISTERED NUMBER: 05422831 (England and Wales)















ENDEAVOUR COACHES LIMITED

Unaudited Financial Statements

for the Period 1 August 2023 to 30 July 2024






ENDEAVOUR COACHES LIMITED (REGISTERED NUMBER: 05422831)






Contents of the Financial Statements
for the Period 1 August 2023 to 30 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ENDEAVOUR COACHES LIMITED

Company Information
for the Period 1 August 2023 to 30 July 2024







DIRECTORS: S A Mitchell
J A Mitchell





REGISTERED OFFICE: 177 Booth Street
Birmingham
B21 0NU





REGISTERED NUMBER: 05422831 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

ENDEAVOUR COACHES LIMITED (REGISTERED NUMBER: 05422831)

Balance Sheet
30 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 3,500 7,000
Tangible assets 5 1,126,661 1,694,987
1,130,161 1,701,987

CURRENT ASSETS
Stocks 86,100 129,682
Debtors 6 42,252 728,156
Cash at bank 82,265 42,771
210,617 900,609
CREDITORS
Amounts falling due within one year 7 1,481,943 1,206,958
NET CURRENT LIABILITIES (1,271,326 ) (306,349 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(141,165

)

1,395,638

CREDITORS
Amounts falling due after more than one year 8 (538,567 ) (455,459 )

PROVISIONS FOR LIABILITIES 9 - (317,706 )
NET (LIABILITIES)/ASSETS (679,732 ) 622,473

CAPITAL AND RESERVES
Called up share capital 300 300
Revaluation reserve 10 131,328 461,328
Retained earnings (811,360 ) 160,845
(679,732 ) 622,473

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

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

ENDEAVOUR COACHES LIMITED (REGISTERED NUMBER: 05422831)

Balance Sheet - continued
30 July 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 14 May 2025 and were signed on its behalf by:





S A Mitchell - Director


ENDEAVOUR COACHES LIMITED (REGISTERED NUMBER: 05422831)

Notes to the Financial Statements
for the Period 1 August 2023 to 30 July 2024

1. STATUTORY INFORMATION

Endeavour 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.
Long leasehold - straight line over 1 to 12 years
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 10% on reducing balance
Computer equipment - 25% 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 period 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.


ENDEAVOUR COACHES LIMITED (REGISTERED NUMBER: 05422831)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 30 July 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

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 period was 20 (2023 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 30 July 2024 70,000
AMORTISATION
At 1 August 2023 63,000
Charge for period 3,500
At 30 July 2024 66,500
NET BOOK VALUE
At 30 July 2024 3,500
At 31 July 2023 7,000

ENDEAVOUR COACHES LIMITED (REGISTERED NUMBER: 05422831)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 30 July 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 August 2023 52,000 55,470 10,859
Additions - 66,643 -
Disposals - - -
At 30 July 2024 52,000 122,113 10,859
DEPRECIATION
At 1 August 2023 52,000 29,668 9,164
Charge for period - 5,066 216
Eliminated on disposal - - -
At 30 July 2024 52,000 34,734 9,380
NET BOOK VALUE
At 30 July 2024 - 87,379 1,479
At 31 July 2023 - 25,802 1,695

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023 1,667,490 14,279 1,800,098
Additions 317,810 2,265 386,718
Disposals (670,000 ) - (670,000 )
At 30 July 2024 1,315,300 16,544 1,516,816
DEPRECIATION
At 1 August 2023 - 14,279 105,111
Charge for period 297,715 47 303,044
Eliminated on disposal (18,000 ) - (18,000 )
At 30 July 2024 279,715 14,326 390,155
NET BOOK VALUE
At 30 July 2024 1,035,585 2,218 1,126,661
At 31 July 2023 1,667,490 - 1,694,987

ENDEAVOUR COACHES LIMITED (REGISTERED NUMBER: 05422831)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 30 July 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 29,767 206,375
Amounts owed by group undertakings - 260,379
Amounts owed by participating interests - 24,897
Other debtors - 236,505
Prepayments 12,485 -
42,252 728,156

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 73,688 72,801
Other loans - 75,798
Hire purchase contracts 200,474 331,037
Trade creditors 266,035 228,247
Amounts owed to group undertakings 454,241 -
Social security and other taxes 456,889 240,238
Other creditors 26,013 258,837
Accrued expenses 4,603 -
1,481,943 1,206,958

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 27,722 -
Bank loans - 2-5 years - 106,184
Hire purchase contracts 510,845 349,275
538,567 455,459

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax - 317,706

Deferred
tax
£   
Balance at 1 August 2023 317,706
Credit to Income Statement during period (317,706 )
Balance at 30 July 2024 -

ENDEAVOUR COACHES LIMITED (REGISTERED NUMBER: 05422831)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 30 July 2024

10. RESERVES
Revaluation
reserve
£   
At 1 August 2023 461,328
Movement in Reserves (330,000 )

At 30 July 2024 131,328