IRIS Accounts Production v25.1.4.42 SC182581 Board of Directors 1.5.24 30.4.25 30.4.25 false true false false true false A Ordinary 0.01000 B Ordinary 0.01000 C Ordinary 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1825812024-04-30SC1825812025-04-30SC1825812024-05-012025-04-30SC1825812023-04-30SC1825812023-05-012024-04-30SC1825812024-04-30SC182581ns15:Scotland2024-05-012025-04-30SC182581ns14:PoundSterling2024-05-012025-04-30SC182581ns10:Director12024-05-012025-04-30SC182581ns10:PrivateLimitedCompanyLtd2024-05-012025-04-30SC182581ns10:SmallEntities2024-05-012025-04-30SC182581ns10:AuditExempt-NoAccountantsReport2024-05-012025-04-30SC182581ns10:SmallCompaniesRegimeForDirectorsReport2024-05-012025-04-30SC182581ns10:SmallCompaniesRegimeForAccounts2024-05-012025-04-30SC182581ns10:FullAccounts2024-05-012025-04-30SC182581ns10:OrdinaryShareClass32024-05-012025-04-30SC182581ns10:OrdinaryShareClass42024-05-012025-04-30SC182581ns10:OrdinaryShareClass52024-05-012025-04-30SC182581ns10:Director22024-05-012025-04-30SC182581ns10:Director32024-05-012025-04-30SC182581ns10:Director42024-05-012025-04-30SC182581ns10:Director52024-05-012025-04-30SC182581ns10:Director62024-05-012025-04-30SC182581ns10:RegisteredOffice2024-05-012025-04-30SC182581ns5:CurrentFinancialInstruments2025-04-30SC182581ns5:CurrentFinancialInstruments2024-04-30SC182581ns5:Non-currentFinancialInstruments2025-04-30SC182581ns5:Non-currentFinancialInstruments2024-04-30SC182581ns5:ShareCapital2025-04-30SC182581ns5:ShareCapital2024-04-30SC182581ns5:RevaluationReserve2025-04-30SC182581ns5:RevaluationReserve2024-04-30SC182581ns5:RetainedEarningsAccumulatedLosses2025-04-30SC182581ns5:RetainedEarningsAccumulatedLosses2024-04-30SC182581ns5:PlantMachinery2024-05-012025-04-30SC182581ns5:LandBuildings2024-04-30SC182581ns5:PlantMachinery2024-04-30SC182581ns5:LandBuildings2024-05-012025-04-30SC182581ns5:LandBuildings2025-04-30SC182581ns5:PlantMachinery2025-04-30SC182581ns5:LandBuildings2024-04-30SC182581ns5:PlantMachinery2024-04-30SC182581ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-04-30SC182581ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-05-012025-04-30SC182581ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2025-04-30SC182581ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-04-30SC182581ns5:CostValuation2024-04-30SC182581ns5:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2025-04-30SC182581ns5:CostValuation2025-04-30SC182581ns5:WithinOneYearns5:CurrentFinancialInstruments2025-04-30SC182581ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-30SC182581ns10:OrdinaryShareClass32025-04-30SC182581ns10:OrdinaryShareClass42025-04-30SC182581ns10:OrdinaryShareClass52025-04-30SC182581ns5:RevaluationReserve2024-04-30
















Unaudited Financial Statements for the Year Ended 30 April 2025

for

AAA Coaches Limited

AAA Coaches Limited (Registered number: SC182581)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AAA Coaches Limited

Company Information
for the Year Ended 30 April 2025







DIRECTORS: Mrs A V Renton
Mrs L Sutherland
Mrs S Smyth
Ms P Maloney
R J Renton
Miss A Duke





REGISTERED OFFICE: 2 Melville Street
Falkirk
FK1 1HZ





REGISTERED NUMBER: SC182581 (Scotland)





ACCOUNTANTS: Ian Macfarlane Limited
Chartered Accountants
2 Melville Street
Falkirk
FK1 1HZ

AAA Coaches Limited (Registered number: SC182581)

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,455,840 4,796,726
Investments 5 347,299 422,436
5,803,139 5,219,162

CURRENT ASSETS
Stocks 20,000 20,000
Debtors 6 105,564 237,192
Cash at bank and in hand 862,517 418,820
988,081 676,012
CREDITORS
Amounts falling due within one year 7 350,564 260,887
NET CURRENT ASSETS 637,517 415,125
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,440,656

5,634,287

CREDITORS
Amounts falling due after more than one
year

8

(782,660

)

(303,419

)

PROVISIONS FOR LIABILITIES (978,563 ) (694,592 )
NET ASSETS 4,679,433 4,636,276

CAPITAL AND RESERVES
Called up share capital 10 2 2
Revaluation reserve 11 395,751 395,751
Retained earnings 4,283,680 4,240,523
SHAREHOLDERS' FUNDS 4,679,433 4,636,276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

AAA Coaches Limited (Registered number: SC182581)

Balance Sheet - continued
30 April 2025


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 5 August 2025 and were signed on its behalf by:





Ms P Maloney - Director


AAA Coaches Limited (Registered number: SC182581)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

AAA Coaches Limited is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on reducing balance and 20% on reducing balance

The directors have chosen not to depreciate heritable property and believe this decision will have no material effect on the accounts.

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 year 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.

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 year 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.

AAA Coaches Limited (Registered number: SC182581)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 year was 43 (2024 - 44 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 May 2024 1,476,257 7,726,871 9,203,128
Additions 84,139 1,734,103 1,818,242
Disposals - (1,580,555 ) (1,580,555 )
At 30 April 2025 1,560,396 7,880,419 9,440,815
DEPRECIATION
At 1 May 2024 26,257 4,380,145 4,406,402
Charge for year - 763,819 763,819
Eliminated on disposal - (1,185,246 ) (1,185,246 )
At 30 April 2025 26,257 3,958,718 3,984,975
NET BOOK VALUE
At 30 April 2025 1,534,139 3,921,701 5,455,840
At 30 April 2024 1,450,000 3,346,726 4,796,726

Cost or valuation at 30 April 2025 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2022 395,751 - 395,751
Cost 1,164,645 7,880,419 9,045,064
1,560,396 7,880,419 9,440,815

AAA Coaches Limited (Registered number: SC182581)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

4. TANGIBLE FIXED ASSETS - continued

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

30.4.25 30.4.24
£    £   
Cost 1,080,506 1,080,506
Aggregate depreciation 26,257 26,257

Freehold land & Buildings were valued on an open market basis on 8 November 2022 by DM Hall Surveyors .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST OR VALUATION
At 1 May 2024 791,615
Additions 1,138,282
At 30 April 2025 1,929,897
DEPRECIATION
At 1 May 2024 375,775
Charge for year 180,088
At 30 April 2025 555,863
NET BOOK VALUE
At 30 April 2025 1,374,034
At 30 April 2024 415,840

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2024 422,436
Impairments (75,137 )
At 30 April 2025 347,299
NET BOOK VALUE
At 30 April 2025 347,299
At 30 April 2024 422,436

AAA Coaches Limited (Registered number: SC182581)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade debtors 13,381 141,261
Other debtors 92,183 95,931
105,564 237,192

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Hire purchase contracts 203,279 69,243
Trade creditors 35,531 7,551
Taxation and social security 19,048 49,314
Other creditors 92,706 134,779
350,564 260,887

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.25 30.4.24
£    £   
Hire purchase contracts 782,660 303,419

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.25 30.4.24
£    £   

The company's bank overdraft is secured with a standard security over the company's freehold property and with a bond and floating charge over the assets of the company.

10. CALLED UP SHARE CAPITAL

**ERROR - CONFLICTS FOUND BETWEEN POSTINGS AND SHARE REGISTER - PLEASE REVIEW EXCEPTION REPORT (EXR).


Allotted, issued and fully paid:
Number: Class: Nominal 30.4.25 30.4.24
value: £    £   
200 A Ordinary 1p 2 2
1 B Ordinary 1p - -
1 C Ordinary 1p - -
1 D Ordinary 1p - -
1 E Ordinary 1p - -
1 F Ordinary 1p - -
1 G Ordinary 1p - -
1 H Ordinary 1p - -
2 2

AAA Coaches Limited (Registered number: SC182581)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

10. CALLED UP SHARE CAPITAL - continued

The following shares were issued during the year for cash at par :

1 H Ordinary share of 1p

11. RESERVES
Revaluation
reserve
£   
At 1 May 2024
and 30 April 2025 395,751

12. RELATED PARTY DISCLOSURES

The company was under the control of it's director and major shareholder Mrs A. Renton during the year.




The company holds Class B Ordinary shares in AAA Estates (Edinburgh) Ltd valued at £347,299 (2024- £442,435).

During the year, the company sold goods and services amounting to £157,869 (2024 - £186,706) to LA Travel Edinburgh Ltd and purchased goods and services amounting to £368,486 (2024 - £497,760l). LA Travel Edinburgh Ltd is a business owned and operated by Mrs L Sutherland - a director of the company. At the year end the business was due to pay LA Travel Edinburgh Ltd £26,675 (2024 - due to receive £19,025) as disclosed under Other Creditors/Debtors.