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Company Registration No. 11006453 (England and Wales)
PREMIER TRAVEL COACHES LTD Unaudited accounts for the year ended 31 October 2024
PREMIER TRAVEL COACHES LTD Unaudited accounts Contents
Page
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PREMIER TRAVEL COACHES LTD Company Information for the year ended 31 October 2024
Directors
Pervaz Akhter Khan Nasar Ali
Company Number
11006453 (England and Wales)
Registered Office
UNIT 1 MARLOW STREET WALSALL WS2 8AQ ENGLAND
Accountants
Caldwell House Consulting 44 Caldwell Road Birmingham West Midlands B9 5TQ
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PREMIER TRAVEL COACHES LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
443,145 
181,385 
Current assets
Debtors
76,544 
60,630 
Cash at bank and in hand
50,900 
163,941 
127,444 
224,571 
Creditors: amounts falling due within one year
(88,230)
(104,633)
Net current assets
39,214 
119,938 
Total assets less current liabilities
482,359 
301,323 
Creditors: amounts falling due after more than one year
(330,196)
(156,679)
Provisions for liabilities
Deferred tax
(9,647)
(4,179)
Net assets
142,516 
140,465 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
142,515 
140,464 
Shareholders' funds
142,516 
140,465 
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 directors acknowledge their 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 of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by
Nasar Ali Director Company Registration No. 11006453
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PREMIER TRAVEL COACHES LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
PREMIER TRAVEL COACHES LTD is a private company, limited by shares, registered in England and Wales, registration number 11006453. The registered office is UNIT 1, MARLOW STREET, WALSALL, WS2 8AQ, ENGLAND.
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
At 18% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
406,579 
- 
406,579 
Additions
311,800 
7,310 
319,110 
At 31 October 2024
718,379 
7,310 
725,689 
Depreciation
At 1 November 2023
225,194 
- 
225,194 
Charge for the year
56,034 
1,316 
57,350 
At 31 October 2024
281,228 
1,316 
282,544 
Net book value
At 31 October 2024
437,151 
5,994 
443,145 
At 31 October 2023
181,385 
- 
181,385 
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PREMIER TRAVEL COACHES LTD Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
8,790 
10,557 
Trade debtors
1,254 
10,073 
Other debtors
66,500 
40,000 
76,544 
60,630 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
88,230 
84,313 
Taxes and social security
- 
20,320 
88,230 
104,633 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
257,878 
29,013 
Obligations under finance leases and hire purchase contracts
72,318 
127,666 
330,196 
156,679 
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
9,647 
4,179 
2024 
2023 
£ 
£ 
Provision at start of year
4,179 
5,097 
Charged/(credited) to the profit and loss account
5,468 
(918)
Provision at end of year
9,647 
4,179 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 9 (2023: 11).
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