Woodstones Coaches Limited

Woodstones Coaches Limited
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 March 2025

Principal activities

Principal activity of the company during the financial year was that of coach hire.

Directors

The directors who served the company throughout the year were as follows:

Richard Meredith

Ivan Meredith

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Richard Meredith
Director

Date approved: 29 August 2025

Registered Number: 00748270 Woodstones Coaches Limited
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	645,972	783,388
		645,972	783,388
Current assets
Stocks	4	12,119	9,024
Debtors and prepayments	5	120,344	126,217
Cash at bank and in hand		158,619	52,211
		291,082	187,452
Creditors: amount falling due within one year	6	(84,408)	(57,919)
Net current assets		206,674	129,533

Total assets less current liabilities		852,646	912,921
Provisions for liabilities	7	(116,739)	(114,254)
Net assets		735,907	798,667

Capital and reserves
Called up share capital	8	5,002	5,002
Profit and loss account		730,905	793,665
Shareholders' funds		735,907	798,667

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 29 August 2025 and were signed on its behalf by:

-------------------------------
Richard Meredith
Director

Woodstones Coaches Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Woodstones Coaches Limited is a private company, limited by shares, registered in England and Wales, registration number 00748270, registration address Arthur Drive, Hoo Farm Industrial Estate, Kidderminster, DY11 7RA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from contracts for the provision of services is recognised by reference to the stage of completion and where the amount of revenue can be measured reliably.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	2% Straight Line
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	15% Reducing Balance
Computer Equipment	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees and directors Average number of employees during the year was 11 (2024 : 10).

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2024	137,457	1,502,099	32,600	1,637	1,673,793
Additions	-	48,208	-	-	48,208
Disposals	-	(25,929)	-	-	(25,929)
At 31 March 2025	137,457	1,524,378	32,600	1,637	1,696,072
Depreciation
At 01 April 2024	28,995	833,299	27,446	665	890,405
Charge for year	2,750	175,705	773	243	179,471
On disposals	-	(19,776)	-	-	(19,776)
At 31 March 2025	31,745	989,228	28,219	908	1,050,100
Net book values
Closing balance as at 31 March 2025	105,712	535,150	4,381	729	645,972
Opening balance as at 01 April 2024	108,462	668,800	5,154	972	783,388

Stocks

	2025 £		2024 £
Stocks	12,119		9,024
	12,119		9,024

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	65,996	57,056
Prepayments & Accrued Income	45,577	36,026
Other Debtors	-	10
VAT	8,771	33,125
	120,344	126,217

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	25,760	23,344
Corporation Tax	24,689	4,734
PAYE & Social Security	4,893	4,662
Attachment of Earnings Control	567	-
Accrued Expenses	25,478	21,594
Pensions	2	80
Other Creditors	2,814	417
Wages & Salaries Control Account	16	-
Directors' Current Accounts	189	3,088
	84,408	57,919

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	116,739		114,254
	116,739		114,254

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
5,000 Ordinary shares of £1.00 each	5,000	5,000
1 Preference A share of £1.00 each	1	1
1 Preference B share of £1.00 each	1	1
	5,002	5,002

9.	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.

Registered Number: 00748270
England and Wales
Unaudited Financial Statements

for the year ended 31 March 2025
for
WOODSTONES COACHES LIMITED