Company Registration No. 10412787 (England and Wales)
SKY COACHES LIMITED
for the year ended 31 October 2024
SKY COACHES LIMITED
Contents
SKY COACHES LIMITED
Company Information
for the year ended 31 October 2024
Company Number
10412787 (England and Wales)
Registered Office
274 CLAREMONT ROAD
MANCHESTER
M14 4TS
UNITED KINGDOM
Accountants
AWS
Chartered Certified Accountants
The Mosses Community Centre Cecil Street
Bury
BL9 0SB
SKY COACHES LIMITED
Statement of financial position
as at 31 October 2024
Tangible assets
1,296,797
958,458
Cash at bank and in hand
2,010
57,667
Creditors: amounts falling due within one year
(450,433)
(461,587)
Net current liabilities
(396,501)
(290,860)
Total assets less current liabilities
900,296
667,598
Creditors: amounts falling due after more than one year
(634,253)
(513,360)
Net assets
266,043
154,238
Called up share capital
1
1
Profit and loss account
266,042
154,237
Shareholders' funds
266,043
154,238
For the year ending 31 October 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 16 March 2025 and were signed on its behalf by
Abdi Qadir HAJI
Director
Company Registration No. 10412787
SKY COACHES LIMITED
Notes to the Accounts
for the year ended 31 October 2024
SKY COACHES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10412787. The registered office is 274 CLAREMONT ROAD, MANCHESTER, M14 4TS, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
33% on reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
1,224,525
3,214
375
1,228,114
Additions
597,219
-
-
597,219
At 31 October 2024
1,821,744
3,214
375
1,825,333
At 1 November 2023
268,113
1,243
300
269,656
Charge for the year
258,559
296
25
258,880
At 31 October 2024
526,672
1,539
325
528,536
At 31 October 2024
1,295,072
1,675
50
1,296,797
At 31 October 2023
956,412
1,971
75
958,458
SKY COACHES LIMITED
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
35,127
113,060
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
25,623
15,732
Obligations under finance leases and hire purchase contracts
295,062
293,660
Taxes and social security
50,794
50,777
Loans from directors
55,425
72,421
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
627,784
494,956
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).