Company Registration No. 08010318 (England and Wales)
A-line Coaches Coventry Ltd
Unaudited accounts
for the year ended 31 December 2024
A-line Coaches Coventry Ltd
Unaudited accounts
Contents
A-line Coaches Coventry Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
400,161
346,036
Cash at bank and in hand
204,187
60,266
Creditors: amounts falling due within one year
(199,381)
(157,901)
Net current assets
144,863
61,394
Total assets less current liabilities
545,024
407,430
Creditors: amounts falling due after more than one year
(173,549)
(110,259)
Provisions for liabilities
Deferred tax
(92,699)
(71,838)
Net assets
278,776
225,333
Called up share capital
100
100
Profit and loss account
278,676
225,233
Shareholders' funds
278,776
225,333
For the year ending 31 December 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 8 September 2025 and were signed on its behalf by
Mr J P Swords
Director
Company Registration No. 08010318
A-line Coaches Coventry Ltd
Notes to the Accounts
for the year ended 31 December 2024
A-line Coaches Coventry Ltd is a private company, limited by shares, registered in England and Wales, registration number 08010318. The registered office is A Line Coaches Ltd, Brandon Road, Binley, Coventry, West Midlands, CV3 2JD, 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
20% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
Straight line over 3 years
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
A-line Coaches Coventry Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
6,286
735,292
389
2,611
744,578
Additions
-
226,881
-
-
226,881
Disposals
-
(102,628)
-
-
(102,628)
At 31 December 2024
6,286
859,545
389
2,611
868,831
At 1 January 2024
5,708
390,156
318
2,360
398,542
Charge for the year
117
122,701
15
251
123,084
On disposals
-
(52,956)
-
-
(52,956)
At 31 December 2024
5,825
459,901
333
2,611
468,670
At 31 December 2024
461
399,644
56
-
400,161
At 31 December 2023
578
345,136
71
251
346,036
Amounts falling due within one year
Trade debtors
64,557
80,529
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
94,731
65,124
Trade creditors
29,871
33,139
Taxes and social security
33,597
33,330
Loans from directors
484
40
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
173,549
110,259
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
9
Average number of employees
During the year the average number of employees was 13 (2023: 14).