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Company Registration No. 10412787 (England and Wales)
SKY COACHES LIMITED for the year ended 31 October 2024
SKY COACHES LIMITED Contents
Page
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SKY COACHES LIMITED Company Information for the year ended 31 October 2024
Director
Abdi Qadir HAJI
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
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SKY COACHES LIMITED Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,296,797 
958,458 
Current assets
Debtors
51,922 
113,060 
Cash at bank and in hand
2,010 
57,667 
53,932 
170,727 
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 
Capital and reserves
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
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SKY COACHES LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 October 2024
1,295,072 
1,675 
50 
1,296,797 
At 31 October 2023
956,412 
1,971 
75 
958,458 
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SKY COACHES LIMITED Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
16,795 
- 
Trade debtors
35,127 
113,060 
51,922 
113,060 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
25,623 
15,732 
VAT
- 
2,254 
Obligations under finance leases and hire purchase contracts
295,062 
293,660 
Trade creditors
11,029 
- 
Taxes and social security
50,794 
50,777 
Other creditors
- 
5,993 
Loans from directors
55,425 
72,421 
Accruals
12,500 
20,750 
450,433 
461,587 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,469 
18,404 
Obligations under finance leases and hire purchase contracts
627,784 
494,956 
634,253 
513,360 
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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