Coach Holdings Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13015721

Coach Holdings Ltd

Filleted Unaudited Financial Statements

31 March 2025

Coach Holdings Ltd

Financial Statements

Year ended 31 March 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Coach Holdings Ltd

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	4	–	57,362
Investments	5	3,000,000	3,000,000
		------------	------------
		3,000,000	3,057,362

Current assets

Debtors	6	453	450
Cash at bank and in hand		30,453	4,077
		--------	-------
		30,906	4,527

Creditors: amounts falling due within one year	7	( 1,076,887)		( 869,433)
		------------		---------
Net current liabilities			( 1,045,981)		( 864,906)
			------------		------------
Total assets less current liabilities			1,954,019		2,192,456

Creditors: amounts falling due after more than one year	8	( 1,030,462)	( 1,212,520)
		------------	------------
Net assets		923,557	979,936
		------------	------------

Coach Holdings Ltd

Balance Sheet (continued)

31 March 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	884,375	884,000
Share premium account	316,528	191,900
Capital redemption reserve	1	1
Profit and loss account	( 277,347)	( 95,965)
	---------	---------
Shareholders funds	923,557	979,936
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 19 December 2025 , and are signed on behalf of the board by:

Mr I McClelland	Mr J Verjee
Director	Director

Company registration number: 13015721

Coach Holdings Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Judgements and key sources of estimation uncertainty

All significant judgements applied in preparing the financial statements are disclosed in the accounting policies. No material estimates have been applied.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	4 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.

4. Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	250,304
	---------
Amortisation
At 1 April 2024	192,942
Charge for the year	57,362
	---------
At 31 March 2025	250,304
	---------
Carrying amount
At 31 March 2025	–
	---------
At 31 March 2024	57,362
	---------

5. Investments

	Shares in participating interests
	£
Cost
At 1 April 2024 and 31 March 2025	5,750,574
	------------
Impairment
At 1 April 2024 and 31 March 2025	2,750,574
	------------

Carrying amount
At 31 March 2025	3,000,000
	------------
At 31 March 2024	3,000,000
	------------

The company owns 100% of the ordinary share capital of its subsidiary Academy Plus Group Limited. During 2023, the investment was impaired by £2,750,574, representing the amount the directors believe as recoverable of £3,000,000.

6. Debtors

	2025	2024
	£	£
Other debtors	453	450
	----	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	875,337	627,933
Other creditors	201,550	241,500
	------------	---------
	1,076,887	869,433
	------------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	1,030,462	1,212,520
	------------	------------

Included within creditors: amounts falling due after more than one year is an amount of £670,462 (2024: £732,520) in respect of liabilities payable which fall due for payment after more than five years from the reporting date.

9. Related party transactions

During the year, the company had an interest-free, repayable on demand loan with its subsidiary. At the start of the year the company owed £627,933 to its subsidiary, and at the end of the year owed £875,338. During the year, the company had interest-free and market value interest bearing repayable on demand loans with shareholders. At the start of the year the company owed £672,520 to its shareholders, and at the end of the year owed £670,462.