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
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
PREMIER TRAVEL COACHES LTD
Statement of financial position
as at 31 October 2024
Tangible assets
443,145
181,385
Cash at bank and in hand
50,900
163,941
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
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
PREMIER TRAVEL COACHES LTD
Notes to the Accounts
for the year ended 31 October 2024
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.
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
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
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
At 31 October 2024
437,151
5,994
443,145
At 31 October 2023
181,385
-
181,385
PREMIER TRAVEL COACHES LTD
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
1,254
10,073
Other debtors
66,500
40,000
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
88,230
84,313
Taxes and social security
-
20,320
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
72,318
127,666
8
Deferred taxation
2024
2023
Accelerated capital allowances
9,647
4,179
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
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).